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Dana - About the company

Dana is an acquired company based in Maumee (United States), founded in 1904 by Joseph Victor, Hugo Reinz, J B Long, Charles Anderson Dana and Clarence W Spicer. It operates as a Supplier of electrified light-vehicle driveline technologies and components. Dana has raised an undisclosed amount in funding. The company has 507 active competitors, including 7 funded and 79 that have exited. Its top competitors include companies like Linamar, Sona Comstar and Gates.

Company Details

Dana manufactures driveline products, power technologies and service parts for light and heavy manufacturers. Some of Dana's latest acquisitions include Commercial Vehicle Business Division, Axels India, Glacier Vandervell Bearings Group and AE Clevite North American non-bearing aftermarket engine hard parts business. Its product offerings include components for passenger cars, crossovers, SUVs, vans, tractors, earthmovers, mining trucks, electric vehicles, and light trucks. It has received Superior Award for achievement in Value Analysis from Toyota Motor North America, Inc. In 2022, the company recorded annual revenues of $10.15B and a net loss of $0.24B.
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Email ID
*****@dana.com
Phone Number
+1 **********
Registered Address
Maumee, Ohio
Key Metrics
Founded Year
1904
Location
Maumee, United States
Stage
Acquired
Ranked
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Apogee Global (Feb 22, 2024)

Dana's acquisition details

Dana got acquired by Apogee Global and EIM Capital on Feb 22, 2024.
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Dana's funding and investors

Dana has raised funding over 4 rounds. Its first funding round was on 2016. Its latest funding round was a Grant (prize money) round on Sep 01, 2022 for $*****. 1 investor participated in its latest round. Dana has 3 institutional investors.

Here is the list of recent funding rounds of Dana:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 01, 2022
8523096
Grant (prize money)
1322581
9760618
4489430
6164090
Sep 04, 2019
2746131
Conventional Debt
6246358
5258225
4634274
6106849
Oct 01, 2016
2904993
Grant (prize money)
4000791
3661479
2545738
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Dana's founders and board of directors

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Here are the details of Dana's key team members:
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Dana's Competitors and alternates

Top competitors of Dana include Linamar, Sona Comstar and Gates. Here is the list of Top 10 competitors of Dana, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Linamar
Linamar
1966, Guelph (Canada), Public
Manufacturer and supplier of motor vehicle parts and agricultural vehicle parts
-
68/100
2nd
Logo for Dana
Dana
1904, Maumee (United States), Acquired
Supplier of electrified light-vehicle driveline technologies and components
-
65/100
3rd
Logo for Sona Comstar
Sona Comstar
1995, Gurugram (India), Public
Provider of design & development of electrical powertrain systems for automotive applications
-
63/100
4th
Logo for Gates
Gates
1911, Denver (United States), Public
Manufacturer and supplier of transmission components to the aftermarket
-
62/100
5th
Logo for FEV
FEV
1978, Aachen (Germany), Funding Raised
Manufacturer and supplier of powertrain components
-
57/100
6th
Logo for Kinetic Engineering
Kinetic Engineering
1972, Pune (India), Public
Manufactures gears, shafts and other auto components
-
56/100
7th
Logo for Ricardo
Ricardo
1915, Shoreham by Sea (United Kingdom), Acquired
Manufacturer and supplier of drive transmissions components to OEMs
-
54/100
8th
Logo for Imperial Auto
Imperial Auto
1969, Faridabad (India), Acquired
Manufacturer and assembler of fluid transmission products and high & low pressure hose assemblies
-
53/100
9th
Logo for L.G.Balakrishnan & Bros
L.G.Balakrishnan & Bros
1937, Coimbatore (India), Public
Manufactures transmission components for automobiles
-
-
50/100
10th
Logo for Divgi TorqTransfer Systems
Divgi TorqTransfer Systems
1995, Pune (India), Public
Manufacturer & supplier of automotive transmission systems to OEMs
$19.4M
50/100
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Dana's Investments and acquisitions

Dana has made 6 investments in companies including Switch Mobility and SWITCH. Dana has also acquired 7 companies including Pi Innovo and Nordersa.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 31, 2021
Investments
2019
Bengaluru (India)
Jul 29, 2021
Investments
1985
Chennai (India)
Mar 01, 2021
Acquisition
1990
Plymouth (United States)
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Reports related to Dana

Here is the latest report on Dana's sector:

News related to Dana

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Media has covered Dana for a total of 23 events in the last 1 year, 5 of them have been about company updates and 3 about people movement.
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