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Allegro MicroSystems - About the company

Allegro MicroSystems is a public company based in Worcester (United States), founded in 1990. It operates as a Manufacturer of magnetic sensors. Allegro MicroSystems has raised $291M in funding. The company has 131 active competitors, including 26 funded and 27 that have exited. Its top competitors include companies like Power Integrations, Paragraf and Vicor Corporation.

Company Details

Manufacturer of magnetic sensors. Its products include various types of magnetic position sensors, current sensors, motor control ICs, regulators, power management ICs, and dual-die programmable linear hall ICs. It has applications in the automotive, consumer electronics, computers, and industrial sectors.
Social
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Email ID
*****@allegromicro.com
Phone Number
+1 **********
Part Of
Registered Address
THE SCALPEL 18TH FLOOR,52 LIME STREET,LONDON,ENGLAND,EC3M 7AF
Key Metrics
Founded Year
1990
Location
Worcester, United States
Stage
Public
Total Funding
$291M in 2 rounds
Latest Funding Round
Ranked
Annual Revenue
$500M - $1B as on Mar 31, 2026
Employee Count
2,936 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Allegro MicroSystems's IPO details

Allegro MicroSystems got listed on Oct 29, 2020.
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Allegro MicroSystems's funding and investors

Allegro MicroSystems has raised a total funding of $291M over 2 rounds. Its first funding round was on Sep 28, 2009. Its latest funding round was a PE round on Oct 03, 2017 for $*****. 1 investor participated in its latest round. Allegro MicroSystems has 4 institutional investors.

Here is the list of recent funding rounds of Allegro MicroSystems:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 03, 2017
8906774
PE
5238310
8470289
1860830
1563815
Sep 28, 2009
5771148
Grant (prize money)
8900214
5648357
9449120
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Allegro MicroSystems' founders and board of directors

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Allegro MicroSystems' employee count trend

Allegro MicroSystems has 2,936 employees as of Sep 26. Here is Allegro MicroSystems's employee count trend over the years:
Employee count trend for Allegro MicroSystems
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Allegro MicroSystems's Competitors and alternates

Top competitors of Allegro MicroSystems include Power Integrations, Paragraf and Vicor Corporation. Here is the list of Top 10 competitors of Allegro MicroSystems, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Power Integrations
Power Integrations
1988, San Jose (United States), Public
Developer of integrated power conversion solutions. It designs and manufactures a range of power ICs and related components for various applications, including AC-DC conversion, LED drivers, gate drivers, and motor drivers. These solutions are used across diverse sectors such as consumer electronics, industrial equipment, and automotive systems. The company provides comprehensive design support and resources to assist customers in integrating its products into their designs. It also offers a robust online support system for troubleshooting and technical assistance.
-
65/100
2nd
Logo for Paragraf
Paragraf
2015, Somersham (United Kingdom), Series C
Provider of graphene-based magnetic sensors
$140M
63/100
3rd
Logo for Allegro MicroSystems
Allegro MicroSystems
1990, Worcester (United States), Public
Manufacturer of magnetic sensors
$291M
72/100
4th
Logo for Vicor Corporation
Vicor Corporation
1981, Andover (United States), Public
Manufacturer of modular power components and complete power systems solutions
-
-
60/100
5th
Logo for Transphorm
Transphorm
2007, Goleta (United States), Acquired
Manufacturer of gallium nitride power discretes for diverse application needs
$266M
58/100
6th
Logo for iVP Semiconductor
iVP Semiconductor
2024, Chennai (India), Seed
Manufacturer of power semiconductors, integrated power systems, and connectivity solutions
$5M
-
58/100
7th
Logo for QuantumDiamonds
QuantumDiamonds
2021, Munich (Germany), Seed
Provider of diamond-based quantum technology
$3.28M
58/100
8th
Logo for SBQuantum
SBQuantum
2018, Sherbrooke (Canada), Seed
Developer of quantum magnetometers and magnetic intelligence solutions for various industries
$4M
56/100
9th
Logo for Wise-integration
Wise-integration
2020, Meylan (France), Series B
Developer of digitally-controlled gallium nitride power integrated circuits and digital controllers
$19.4M
56/100
10th
Logo for Ferric
Ferric
2008, New York City (United States), Series B
Provides power converter chips and circuit IP based on patented thin-film power inductors
$41.1M
54/100
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Allegro MicroSystems's Investments and acquisitions

Allegro MicroSystems has not made any investments yet. Allegro MicroSystems has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 10, 2023
Acquisition
2004
Santa Clara (United States)
May 31, 2022
Acquisition
2014
Grasse (France)
Aug 31, 2020
Acquisition
2002
Beaverton (United States)
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Reports related to Allegro MicroSystems

Here is the latest report on Allegro MicroSystems's sector:

News related to Allegro MicroSystems

lockFilter this list
Media has covered Allegro MicroSystems for a total of 29 events in the last 1 year, 17 of them have been about company updates and 4 about partnerships.
•
Allegro MicroSystems ticks up on strong Q2 results (ALGM:NASDAQ)Seeking Alpha•Jul 30, 2026•Allegro MicroSystems
•
Allegro MicroSystems Reports First Quarter 2027 ResultsGlobeNewswire•Jul 30, 2026•Allegro MicroSystems
•
Allegro MicroSystems Appoints Brian White to its Board of DirectorsBenzinga•Jun 18, 2026•Allegro MicroSystems
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