Varma

Helsinki, Finland Founded: 1998 • Age: 28 yrs
Offers pension insurance, work ability services, and investments for employers and individuals.
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About Varma

Varma is a company based in Helsinki (Finland) founded in 1998. It operates as a B2B. Varma has completed 3 acquisitions, including KotiSun, Mehilainen and Realia Group. Varma offers products and services including YEL Insurance, TyEL Insurance, and Pension Management.

  • Headquarter Helsinki, Finland
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Keskinainen Tyoelakevakuutusyhtio Varma
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    KotiSun

    & 2 more

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Products & Services of Varma

Varma offers a comprehensive portfolio of products and services, including YEL Insurance, TyEL Insurance, and Pension Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides pension insurance for Finnish entrepreneurs and self-employed individuals.

Offers employer pension insurance for employee benefits and work ability support.

Handles retirement planning and online tools for pension calculations.

People of Varma
Headcount 500-1000
Employee Profiles 12
Board Members and Advisors 44
Employee Profiles
People
Pasi Mustonen
SVP, Actuaries
People
Hanna Kaskela
SVP, Sustainability & Communications
People
Jonna Suomilammi
Pension Adjudication Specialist
People
Markus Aho
Chief Investment Officer & Deputy CEO

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Board Members and Advisors
people
Jaakko Eskola
Chairman
people
Antti Palola
Deputy Chairman
people
Riku Aalto
Director
people
Ari Kaperi
Director

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Funding Insights of Varma

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Varma

Varma has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include KotiSun, Mehilainen and Realia Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Water and heating network renovations are provided as turnkey services.
2006
Secure communication systems for correctional facilities are developed and installed.
2000
Healthcare services such as consultations, diagnostics, and therapies are provided.
1909
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Varma

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Varma Comparisons

Employees
+
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Competitors of Varma

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Varma

Frequently Asked Questions about Varma

When was Varma founded?

Varma was founded in 1998.

Where is Varma located?

Varma is headquartered in Helsinki, Finland.

What does Varma do?

Varma is a mutual occupational pension insurance company in Finland, focusing on securing pensions for workers through YEL and TyEL schemes. It manages work ability assessments, investments, and retirement services, helping employers and entrepreneurs mitigate risks. Based in Helsinki, Varma serves Finnish businesses and individuals via online platforms and direct support, emphasizing responsibility and stability in financial services.

What products or services does Varma offer?

Varma offers YEL Insurance, TyEL Insurance, and Pension Management.

How many acquisitions has Varma made?

Varma has made 3 acquisitions, including KotiSun, Mehilainen, and Realia Group.

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