Assa Abloy - About the company
Assa Abloy is a public company based in Stockholm (Sweden), founded in 1994. It operates as a Manufacturer of locking systems and related security solutions. Assa Abloy has raised an undisclosed amount in funding. The company has 339 active competitors, including 19 funded and 19 that have exited. Its top competitors include companies like Brivo, Openpath and OpenKey.
Company Details
Manufacturer of locking systems and related security solutions. The company offerings span physical and digital access products, including cylinders, locks, door hardware, electromagnetic locks, and digital access solutions. Its messaging also emphasizes secure, convenient access for residential, commercial, healthcare, and institutional settings.
- Website
- www.assaabloy.com/group/en
- Social
- Email ID
- *****@assaabloy.com
- Phone Number
- +46 **********
- Registered Address
- 5, Borupvang, Ballerup, 2750
Key Metrics
Founded Year
1994
Location
Stockholm, Sweden
Stage
Public
Latest Funding Round
Investors
Ranked
3rd among 339 active competitors
Annual Revenue
$1B+ as on Dec 31, 2024
Employee Count
63,886 as on Dec 31, 2025
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Assa Abloy
Assa Abloy is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ASSA ABLOY DANMARK A/S CIN: 10050316 , Denmark, Active | Nov 14, 2000 | - | 63000 (As on Dec 31, 2024) | |
ASSA ABLOY INDIA PRIVATE LIMITED CIN: U28993MH2005PTC155169 , India, Active | Aug 05, 2005 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
Assa Abloy CIN: 556059-3575 , Sweden, Active | $1B+ (As on Dec 31, 2024) | 63886 (As on Dec 31, 2025) | - |
Assa Abloy's IPO details
Assa Abloy got listed on Oct 08, 2004.
Click here to take a look at Assa Abloy's IPO in detail
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Assa Abloy's funding and investors
Assa Abloy has raised funding over 3 rounds. Its first funding round was on May 24, 2005. Its latest funding round was a Grant (prize money) round on Mar 07, 2022 for $*****. 1 investor participated in its latest round. Assa Abloy has 3 institutional investors.
Here is the list of recent funding rounds of Assa Abloy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 07, 2022 | 5396248 | Grant (prize money) | 6997815 | 2372759 | 3229896 | 2860309 |
Jan 16, 2007 | 3391366 | Post IPO | 2017578 | 5857586 | 8976140 | 6476909 |
May 24, 2005 | 1051213 | Post IPO | 6658089 | 7150997 | 6503786 | 7410893 |
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Assa Abloy's founders and board of directors
Founder? Claim ProfileAssa Abloy's Board of Directors
Assa Abloy's board has 7 active members. Johan Hjertonsson and Carl Douglas are part of team and Sofia Schorling Hogberg, Victoria Van Camp, Susanne Pahlen Åklundh, Lena Olving and Erik Ekudden are independent board members.Here is the list of Assa Abloy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
bcsslmo | Team | - | Current | 3y 4m |
z{apatt | Team | - | Current | 3y 8m |
Independent board member | - | Current | - | |
fdizgop | Independent board member | - | Current | 7y 4m |
zktmkix | Independent board member | - | Current | 5y 8m |
scadgxx | Independent board member | - | Current | 9y 4m |
ljp{otu | Independent board member | - | Current | 9y 3m |
Assa Abloy's employee count trend
Assa Abloy has 63,886 employees as of Dec 25. The total employee count is 49.0% lower than what it was in Dec 24. Here is Assa Abloy's employee count trend over the years:
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Assa Abloy's Competitors and alternates
Top competitors of Assa Abloy include Brivo, Openpath and OpenKey. Here is the list of Top 10 competitors of Assa Abloy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Brivo 1999, Bethesda (United States), Acquired | Developer of AI and cloud-based integrated access control systems | $92M | 70/100 | |
2nd | Openpath 2016, Culver City (United States), Acquired | Security solutions provider: access control, video security, and critical communications | $63M | 66/100 | |
3rd | Assa Abloy 1994, Stockholm (Sweden), Public | Manufacturer of locking systems and related security solutions | - | 65/100 | |
4th |  OpenKey 2014, Dallas (United States), Acquired | Provider of keyless entry solutions for hotels | $8M | 59/100 | |
5th | Developer of programmable lock & key systems for homes | - | 58/100 | ||
6th | Proxy 1994, San Francisco (United States), Acquired | Provider of mobile reader based access control systems | $130M | 56/100 | |
7th | Geokey 2016, Lincoln (United States), Seed | Provider of mobile access control solutions for multi-family and commercial properties | $1.55M | - | 54/100 |
8th | Spintly 2018, Milpitas (United States), Series A | Provider of a cloud-based, wireless access control platform allowing users to access doors using their smartphones | $13.9M | 53/100 | |
9th | Provider of IoT services | - | 47/100 | ||
10th |  Photosynth 2014, Minato City (Japan), Public | Provider of cloud-based access control systems | $52.6M | 46/100 |
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Assa Abloy's Investments and acquisitions
Assa Abloy has made 1 investments in companies including Paravision AI. Assa Abloy has also acquired 117 companies including Sentinel Dock & Door Solutions and Samsgaragedoors.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 02, 2026 | Acquisition | 2025 | Oakville (Canada) | |
Mar 04, 2026 | Acquisition | - | ||
Mar 03, 2026 | Acquisition | 2000 | Plainfield (United States) |
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News related to Assa Abloy
Filter this listMedia has covered Assa Abloy for a total of 40 events in the last 1 year, 9 of them have been about company updates and 3 about partnerships.
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ASSA ABLOY Reports Strong Q2 2026 Results with Accelerated Sales Growth and Record MarginPR Newswire•Jul 17, 2026•Assa Abloy
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Level Lock Layoffs Raise Concerns About Future of Smart Lock PlatformAppleInsider•Jun 27, 2026•Assa Abloy, Level
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ASSA ABLOY acquires Sentinel Dock & Door in CanadaPR Newswire•Jun 02, 2026•Assa Abloy, Sentinel Storage, Sentinel Dock & Door Solutions
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AfDB and ASSA deepen development finance cooperationAfrica Business Communities•May 29, 2026•African Development Bank Group, Assa Abloy
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General Atlantic completes $3bn acquisition of home-care provider Team ServicesPrivate Equity Wire•Apr 09, 2026•Alpine Investors, Assa Abloy
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ASSA ABLOY acquires Sam's Garage Doors in CanadaPR Newswire•Mar 04, 2026•Assa Abloy, Samsgaragedoors
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