When was Cadeler founded?

Cadeler was founded in 2008 and raised its 1st funding round 13 years after it was founded.

Where is Cadeler located?

Cadeler is headquartered in Copenhagen, Denmark.

How many employees does Cadeler have?

As of Dec 31, 2021, the latest employee count at Cadeler is 70.

Is Cadeler a funded company?

Cadeler is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Apr 29, 2021.

When was the latest funding round of Cadeler?

Cadeler's latest funding was a $***** Post IPO round on Feb 14, 2024, with participation from 2 investors.

Where does Cadeler rank among its competitors?

Cadeler ranks 2nd amongst 20 active competitors, only 1 of which is funded. SkySpecs, which secured $20M in Mar, 2025.

Who are the top competitors of Cadeler?

Cadeler's top competitors include SkySpecs, Liftra and Wind Power Lab. Among them, SkySpecs secured the most recent funding round in March, 2025.

Cadeler - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Website: www.cadeler.com/
Social

Key Metrics

Founded Year

2008

Location

Copenhagen, Denmark

Stage

Public

Latest Funding Round

Post IPO, Feb 14, 2024, $*****

Investors

Scorpio Group & 2 more

Ranked

2^nd among 20 active competitors

Employee Count

70 as on Dec 31, 2021

Investment & Acquisitions

Eneti

Similar Companies

SkySpecs & 570 more

Exit Details

Public

View Cadeler's full profile

Cadeler is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Cadeler A / S CIN: 31180503 , Denmark, Active		$5.18M (As on Jun 30, 2021)	70 (As on Dec 31, 2021)

Cadeler got listed on Dec 04, 2020.

Click here to take a look at Cadeler's IPO in detail

Cadeler has raised funding over 2 rounds. Its first funding round was on Apr 29, 2021. Its latest funding round was a Post IPO round on Feb 14, 2024 for $*****. 2 investors participated in its latest round. Cadeler has 3 institutional investors.

Here is the list of recent funding rounds of Cadeler:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 14, 2024	3353703	Post IPO	6758709	4194116	6032858	5846727
Apr 29, 2021	7966294	Post IPO	1265735	7098646	3801239	4212283

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View details of Cadeler's funding rounds and investors

Cadeler's employee count trend

Cadeler has 70 employees as of Dec 21. The total employee count is 67.0% more than what it was in Dec 20. Here is Cadeler's employee count trend over the years:

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Top competitors of Cadeler include SkySpecs, Liftra and Wind Power Lab. Here is the list of Top 10 competitors of Cadeler, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SkySpecs 2012, Ann Arbor (United States), Series D	Provider of UAVs solutions for inspection	$142M	Goldman Sachs, Underwriters Laboratories ... & 24 others	65/100
2nd	Cadeler 2008, Copenhagen (Denmark), Public	Provider of wind operation and maintenance services	-	Scorpio Group, Tjuvholmen Group & 1 others	60/100
3rd	Liftra 2003, Aalborg (Denmark), Funding Raised	-	-	EIC Fund, Europa	44/100
4th	Wind Power Lab 2016, Copenhagen (Denmark), Unfunded	Provider of blade defect assessment services	-	-	43/100
5th	PEAK Wind 2017, Aarhus (Denmark), Unfunded	Provider of operation and maintenance services	-	-	43/100
6th	PP Techniq 2003, Vojens (Denmark), Unfunded	Blade access platforms for wind turbine blades	-	-	34/100
7th	Reblade 2020, Ryomgard (Denmark), Funding Raised	Developer of drone-based technology for wind turbine blade leading edge repair	-	EIC Fund, Europa	34/100
8th	Connected Wind 1987, Ballerup (Denmark), Acquired	Wind services and spare parts	-	Polaris Private Equity	32/100
9th	Ocean Team 2013, Esbjerg (Denmark), Acquired	O&M service provider for wind turbines	-	-	31/100
10th	AtSite 2014, Billund (Denmark), Acquired	Offers blade inspections and blade monitoring services for wind turbine systems	-	-	30/100