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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 562 active competitors, including 7 funded and 81 that have exited. Its top competitors include companies like Linamar, Gates and Sona Comstar.

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.
Social
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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
Employee Count
39,600 as on Dec 31, 2024
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 4 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
1412473
Grant (prize money)
3314386
9704262
5334603
1723881
Sep 04, 2019
7464678
Conventional Debt
8143486
5594788
3018370
7946510
Oct 01, 2016
1742207
Grant (prize money)
2988325
9447235
1986084
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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:

Dana's employee count trend

Dana has 39,600 employees as of Dec 24. Here is Dana's employee count trend over the years:
Employee count trend for Dana
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Dana's Competitors and alternates

Top competitors of Dana include Linamar, Gates and Sona Comstar. 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 Dana
Dana
1904, Maumee (United States), Acquired
Supplier of electrified light-vehicle driveline technologies and components
-
67/100
2nd
Logo for Linamar
Linamar
1966, Guelph (Canada), Public
Manufacturer and supplier of motor vehicle parts and agricultural vehicle parts
-
66/100
3rd
Logo for Gates
Gates
1911, Denver (United States), Public
Manufacturer and supplier of transmission components to the aftermarket
-
63/100
4th
Logo for Sona Comstar
Sona Comstar
1995, Gurugram (India), Public
Provider of design & development of electrical powertrain systems for automotive applications
-
60/100
5th
Logo for FEV
FEV
1978, Aachen (Germany), Funding Raised
Manufacturer and supplier of powertrain components
-
57/100
6th
Logo for Conifer
Conifer
2022, Sunnyvale (United States), Seed
Provider of electric conversion kits for multiple categories of vehicles
$20M
52/100
7th
Logo for Toyota Kirloskar Auto Parts
Toyota Kirloskar Auto Parts
2004, Bengaluru (India), Unfunded
Manufacturer and supplier of powertrain components
-
-
52/100
8th
Logo for Cloyes
Cloyes
1921, Fort Smith (United States), Acquired
Timing drive systems and gear parts for automobile manufacturers
-
50/100
9th
Logo for Imperial Auto
Imperial Auto
1969, Faridabad (India), Acquired
Manufacturer and assembler of fluid transmission products and high & low pressure hose assemblies
-
50/100
10th
Logo for Medha
Medha
1984, Hyderabad (India), Unfunded
Manufacturer of vehicle control systems, load converters, displays, and other automotive products
-
-
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 geography:

News related to Dana

lockFilter this list
Media has covered Dana for a total of 22 events in the last 1 year, 5 of them have been about company updates and 3 about people movement.
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FAQs about Dana

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