When was Cancom founded?

Cancom was founded in 1992 and raised its 1st funding round 22 years after it was founded.

Where is Cancom located?

Cancom is headquartered in Munich, Germany.

How many employees does Cancom have?

As of Mar 31, 2026, the latest employee count at Cancom is 2557.

Is Cancom a funded company?

Cancom is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Mar 20, 2014.

When was the latest funding round of Cancom?

Cancom's latest funding was a $***** Grant (prize money) round on Dec 09, 2021, with participation from 1 investor. Its primary sector is IT Services. Globally, the IT Services sector has seen $7.7B in funding in 2026 to date.

Where does Cancom rank among its competitors?

Cancom ranks 41st amongst 135666 active competitors, of which 976 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Hewlett Packard Enterprise, which secured $118K in Sep, 2025.

Who are the top competitors of Cancom?

Cancom's top competitors include IBM, UST and Infosys. Among them, Hewlett Packard Enterprise secured the most recent funding round in September, 2025.

Cancom - 2026 Company Profile, Team, Funding & Competitors

Cancom is a public company based in Munich (Germany), founded in 1992 by Klaus Weinmann. It operates as a Provider of IT services suite. Cancom has raised an undisclosed amount in funding. The company has 135666 active competitors, including 976 funded and 7685 that have exited. Its top competitors include companies like IBM, UST and Infosys.

Company Details

Website: cancom.com
Social
Email ID: *****@cancom.de

Key Metrics

Founded Year

1992

Location

Munich, Germany

Stage

Public

Latest Funding Round

Grant (prize money), Dec 09, 2021, $*****

Investors

Taaleri & 4 more

Ranked

41^st among 135666 active competitors

Employee Count

2,557 as on Mar 31, 2026

Investment & Acquisitions

NWC & 9 more

Similar Companies

IBM & 159341 more

Exit Details

Public

View Cancom's full profile

Cancom is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CANCOM GmbH CIN: HRB10653 , Germany, Active	Aug 04, 1999	-	3755 (As on Dec 31, 2022)
CANCOM Czech Republic s.r.o. CIN: 06343970 , Czech Republic, Active	Aug 14, 2017	-	-

Cancom got listed on Sep 16, 1999.

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

Cancom has raised funding over 8 rounds. Its first funding round was on Mar 20, 2014. Its latest funding round was a Grant (prize money) round on Dec 09, 2021 for $*****. 1 investor participated in its latest round. Cancom has 5 institutional investors.

Here is the list of recent funding rounds of Cancom:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 09, 2021	5357780	Grant (prize money)	5583448	8804533	7460942	6683767
Dec 01, 2021	3239731	Grant (prize money)	7954299	1965961	4085397	Europa
Dec 04, 2020	5090401	Grant (prize money)	6290206	5242612	3729496	Europa

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View details of Cancom's funding rounds and investors

The founders of Cancom is Klaus Weinmann.

Here are the details of Cancom's key team members:

Klaus Weinmann: Founder & CEO of Cancom.

View details of Cancom's Founder profiles and Board Members

Cancom's employee count trend

Cancom has 2,557 employees as of Mar 26. Here is Cancom's employee count trend over the years:

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Top competitors of Cancom include IBM, UST and Infosys. Here is the list of Top 10 competitors of Cancom, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	81/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
3rd	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 3 others	74/100
5th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
6th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 37 others	73/100
7th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	New Mountain Capital, EQT & 8 others	73/100
8th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
9th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
10th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	73/100
41st	Cancom 1992, Munich (Germany), Public	Provider of IT services suite	-	Taaleri, Europa & 3 others	66/100

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Cancom has not made any investments yet. Cancom has made 10 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 03, 2023	Acquisition	NWC	2001	Pforzheim (Germany)
Jul 14, 2022	Acquisition	S&L	1995	Mulheim Karlich (Germany)
Oct 14, 2019	Acquisition	Novosco	1994	Belfast (United Kingdom)