When was Danfoss founded?

Danfoss was founded in 1933 and raised its 1st funding round 63 years after it was founded.

Where is Danfoss located?

Danfoss is headquartered in Nordborg, Denmark. It is registered at Ames, Iowa.

How many employees does Danfoss have?

As of Sep 30, 2026, the latest employee count at Danfoss is 23694.

Is Danfoss a funded company?

Danfoss is a funded company, having raised a total of $41.2M across 15 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on 1996.

How much is Danfoss worth?

The latest valuation of Danfoss is $***** as of Dec 16, 2004.

When was the latest funding round of Danfoss?

Danfoss' latest funding was a $***** Grant (prize money) round on Feb 01, 2023, with participation from 1 investor.

Where does Danfoss rank among its competitors?

Danfoss ranks 8th amongst 3510 active competitors, of which 49 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Siemens, which secured $3.25M in Aug, 2025.

Who are the top competitors of Danfoss?

Danfoss' top competitors include Siemens, Mitsubishielectric and Emerson. Among them, Siemens secured the most recent funding round in August, 2025.

Danfoss - 2026 Company Profile, Team, Funding & Competitors

Danfoss is a series C company based in Nordborg (Denmark), founded in 1933 by Mads Jorgen Nohr Clausen. It operates as a Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy. Danfoss has raised $41.2M in funding from Emerald Technology Ventures, with a current valuation of $*****. The company has 3510 active competitors, including 49 funded and 308 that have exited. Its top competitors include companies like Siemens, Mitsubishielectric and Emerson.

Company Details

Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy. The company provides technologies for electrification, heating, cooling, power conversion, and motor control. Its products serve industries including automotive, marine, industrial machinery, and renewable energy. The company focuses on developing solutions for energy efficiency and decarbonization.

Website: www.danfoss.com/en/
Social
Email ID: *****@danfoss.com
Phone Number: +45 **********
Registered Address: Ames, Iowa

Key Metrics

Founded Year

1933

Location

Nordborg, Denmark

Stage

Series C

Total Funding

$41.2M in 15 rounds

Latest Funding Round

Grant (prize money), Feb 01, 2023, $*****

Post Money Valuation

$***** as on Dec 16, 2004

Investors

Emerald Technology Ventures & 8 more

Ranked

8^th among 3510 active competitors

Employee Count

23,694 as on Sep 30, 2026

Investment & Acquisitions

Alfagomma & 27 more

Similar Companies

myenergi & 100 more

View Danfoss' full profile

Danfoss is associated with 13 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
F Power Solutions s.r.o. CIN: 06578977 , Czech Republic, Active	Nov 05, 2017	-	-
DANFOSS CIN: 40003340652 , Latvia, Active	May 06, 1997	€1M - €10M (As on Dec 31, 2024)	25 (As on Dec 31, 2022)	-
LM Conditioning speaks d.o.o CIN: 67883044587 , Croatia, Active	Oct 17, 2022	€0 - €1M (As on Dec 31, 2024)	-
DEVI'S PLACE LTD CIN: 12220764 , United Kingdom, Active	Sep 20, 2019	-	8 (As on Sep 30, 2024)
DANFOSS TURBOCOR COMPRESSORS, INC. CIN: 203640979 , United States, Active	Dec 31, 1999	-	187 (As on Dec 31, 2013)	-
DANFOSS LLC. CIN: 581734543 , United States, Active	Dec 31, 1999	-	1090 (As on Dec 31, 2016)	-
DANFOSS FLUID POWER PRIVATE LIMITED CIN: U29309PN2020PTC191867 , India, Active	Jul 10, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	-
DANFOSS POWER SOLUTIONS INDIA PRIVATE LIMITED CIN: U00000PN2001PTC131740 , India, Active	Feb 05, 2001	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	333 (As on Mar 31, 2024)
DANFOSS TECHNOLOGIES PRIVATE LIMITED CIN: U74999TN2020PTC136283 , India, Amalgamated	Jul 10, 2020	₹100 - ₹500 Cr (As on Mar 31, 2022)	479 (As on Jan 31, 2024)
DANFOSS INDUSTRIES PRIVATE LIMITED CIN: U29199TN1999PTC041877 , India, Active	Feb 09, 1999	₹1,000+ Cr (As on Mar 31, 2025)	1336 (As on Feb 29, 2024)
SONDEX HEAT EXCHANGERS INDIA PRIVATE LIMITED CIN: U51900TN2008PTC134555 , India, Amalgamated	Sep 01, 2008	₹10 - ₹50 Cr (As on Mar 31, 2021)	-
Danfoss A/s CIN: 20165715 , Denmark, Active	Sep 24, 1961	-	27795 (As on Dec 31, 2020)
DANFOSS POWER SOLUTIONS US COMPANY CIN: 421345015 , United States, Active	Dec 26, 999	-	3063 (As on Dec 31, 2024)	-

Danfoss has raised a total funding of $41.2M over 15 rounds. Its first funding round was on 1996. Its latest funding round was a Grant (prize money) round on Feb 01, 2023 for $*****. 1 investor participated in its latest round. Danfoss has 9 institutional investors.

Here is the list of recent funding rounds of Danfoss:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 01, 2023	1943661	Grant (prize money)	4881377	7156750	1831643	3856027
Oct 13, 2022	6019933	Grant (prize money)	3902461	3306641	4860016	Gov
Jan 01, 2022	9344534	Grant (prize money)	8370881	8255341	7064814	Europa

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View details of Danfoss's funding rounds and investors

The founders of Danfoss is Mads Jorgen Nohr Clausen. Kim Fausing and Ricardo Schneider are the CEOs of Danfoss.

Here are the details of Danfoss' key team members:

Mads Jorgen Nohr Clausen: Former Founder of Danfoss.
Contact Info: 1 email address

View details of Danfoss's Founder profiles and Board Members

Danfoss' employee count trend

Danfoss has 23,694 employees as of Sep 26. Here is Danfoss's employee count trend over the years:

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Top competitors of Danfoss include Siemens, Mitsubishielectric and Emerson. Here is the list of Top 10 competitors of Danfoss, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Siemens 1847, Munich (Germany), Public	Manufacturer of industrial automation software and hardware for infrastructure systems	-	Jindal ventures, Bluefish Capital & 8 others	78/100
2nd	Mitsubishielectric 1921, Chiyoda-ku (Japan), Public	Manufacturer of diverse electrical and electronic products, systems, and solutions	-	Europa, Gov.cz & 1 others	75/100
3rd	Emerson 1890, St. Louis (United States), Acquired	Provider of integrated control and monitoring systems	-	Seaside Private Capital, Blackstone & 6 others	74/100
4th	CG Power & Industrial Solutions 1937, Mumbai (India), Acquired	Manufacturer of Industrial and Consumer Electric Equipment	-	Yes Bank, L & T Finance Holdings & 6 others	74/100
5th	Honeywell 1885, Charlotte (United States), Public	Manufacturer and supplier of diversified consumer electronics and industrial automation equipments	$1.13M	ngn-capital.com, Analah Ventures & 10 others	74/100
6th	Schneider Electric 1836, Rueil malmaison (France), Public	Provider of energy management, digital monitoring, protection, and automation services	-	ngn-capital.com, Temasek & 9 others	72/100
7th	Rockwell Automation 1903, Milwaukee (United States), Public	Provider of Industrial automation and information systems	-	IoT Evolution, OnRamp Insurance Conference	72/100
8th	Danfoss 1933, Nordborg (Denmark), Series C	Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy	$41.2M	LahiTapiola, Ilmarinen & 7 others	75/100
9th	ABB 1883, Zurich (Switzerland), Public	Provider of electrification, automation, robotics, and power conversion technology	-	ngn-capital.com, GIC & 13 others	71/100
10th	myenergi 2016, Stallingborough (United Kingdom), Series C	Manufacturer of eco-smart home energy management and electric vehicle charging products	$36.8M	Energy Impact Partners, HSBC	71/100

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Danfoss has made 5 investments in companies including Nelumbo and Nelumbo. Danfoss has also acquired 23 companies including Alfagomma and Semikron Danfoss.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 10, 2026	Acquisition	Alfagomma	1999	Italy
Mar 09, 2026	Acquisition	Semikron Danfoss	2022	Nuremberg (Germany)
Nov 04, 2025	Acquisition	Hydro Holding	2015	Bologna (Italy)