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ABB - About the company

ABB is a public company based in Zurich (Switzerland), founded in 1883. It operates as a Provider of electrification and automation technologies for industrial applications. ABB has raised an undisclosed amount in funding. The company has 4647 active competitors, including 159 funded and 391 that have exited. Its top competitors include companies like Siemens, Mitsubishielectric and Parker.

Company Details

Provider of electrification and automation technologies for industrial applications. The company offers integrated solutions that digitalize, automate, and electrify processes across various sectors, including energy, marine, and manufacturing. Its portfolio includes motors, drives, power converters, controllers, and robotics systems designed to enhance productivity, efficiency, and sustainability. By combining engineering and digitalization expertise, the company supports the transition to cleaner energy and improved operational performance.
Social
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Email ID
*****@abb.com
Phone Number
+41 **********
Registered Address
Cary, North Carolina
Key Metrics
Founded Year
1883
Location
Zurich, Switzerland
Stage
Public
Ranked
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
129,721 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

ABB's IPO details

ABB got listed on Jun 28, 1962.
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ABB's funding and investors

ABB has raised funding over 79 rounds. Its latest funding round was a Grant (prize money) round on Nov 01, 2023 for $*****. 1 investor participated in its latest round. ABB has 19 institutional investors.

Here is the list of recent funding rounds of ABB:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 01, 2023
6493759
Grant (prize money)
5937573
6579717
8181800
7945938
Oct 2023
2733192
Grant (prize money)
1280428
6817110
6866361
Jan 01, 2021
9168900
Grant (prize money)
1012060
1318027
1359671
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ABB's founders and board of directors

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ABB's employee count trend

ABB has 129,721 employees as of Sep 26. Here is ABB's employee count trend over the years:
Employee count trend for ABB
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ABB's Competitors and alternates

Top competitors of ABB include Siemens, Mitsubishielectric and Parker. Here is the list of Top 10 competitors of ABB, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Siemens
Siemens
1847, Munich (Germany), Public
Provider of industrial automation, electrification, and digitalization technology solutions
-
79/100
2nd
Logo for Mitsubishielectric
Mitsubishielectric
1921, Chiyoda-ku (Japan), Public
Manufacturer of diverse electrical and electronic products, systems, and solutions
-
76/100
3rd
Logo for Parker
Parker
1917, Cleveland (United States), Acquired
Distributor of motion & control technologies
-
75/100
4th
Logo for CG Power & Industrial Solutions
CG Power & Industrial Solutions
1937, Mumbai (India), Acquired
Manufacturer of Industrial and Consumer Electric Equipment
-
74/100
5th
Logo for ABB
ABB
1883, Zurich (Switzerland), Public
Provider of electrification and automation technologies for industrial applications
-
74/100
6th
Logo for Danfoss
Danfoss
1933, Nordborg (Denmark), Series C
Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy
$41.2M
73/100
7th
Logo for Schneider Electric
Schneider Electric
1836, Rueil malmaison (France), Public
Provider of energy management, digital monitoring, protection, and automation services
-
73/100
8th
Logo for Rockwell Automation
Rockwell Automation
1903, Milwaukee (United States), Public
Provider of Industrial automation and information systems
-
72/100
9th
Logo for Agile Robots
Agile Robots
2018, Munich (Germany), Series C
Developer of next-generation automation solutions combining artificial intelligence and robotics
$250M
72/100
10th
Logo for Honeywell
Honeywell
1885, Charlotte (United States), Public
Provider of automation and technology solutions for building, industrial, and process sectors
-
71/100
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ABB's Investments and acquisitions

ABB has made 26 investments in companies including LevelTen Energy and Gridcog. ABB has also acquired 51 companies including Davr Bank and Rotork.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 14, 2026
Acquisition
2001
Tashkent (Uzbekistan)
Aug 06, 2026
Investments
2016
Seattle (United States)
Jul 16, 2026
Acquisition
1957
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Reports related to ABB

Here is the latest report on ABB's sector:

News related to ABB

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Media has covered ABB for a total of 260 events in the last 1 year, 147 of them have been about company updates and 36 about partnerships.
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