When was Ericsson founded?

Ericsson was founded in 1876 and raised its 1st funding round 74 years after it was founded.

Where is Ericsson located?

Ericsson is headquartered in Stockholm, Sweden.

How many employees does Ericsson have?

As of Jul 31, 2026, the latest employee count at Ericsson is 107387.

Is Ericsson a funded company?

Ericsson is a funded company, having raised an undisclosed amount across 48 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on 1950.

When was the latest funding round of Ericsson?

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

What is the annual revenue of Ericsson?

Annual revenue of Ericsson is more than $1B as on Dec 31, 2023

Where does Ericsson rank among its competitors?

Ericsson ranks 5th amongst 656 active competitors, of which 62 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Mavenir, which secured $75M in May, 2024.

Who are the top competitors of Ericsson?

Ericsson's top competitors include Cisco, Mavenir and Rapid7. Among them, Mavenir secured the most recent funding round in May, 2024.

Ericsson - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of telecom equipment and software solutions. It offers mobile network equipment both traditional and IP-based, mobile and fixed broadband, software, and services to deploy and operate mobile networks, cable television, IPTV, and video systems. It has business units to support service providers. It provides telecom-managed services. It also designs and sells LTE multimode thin modems, including 2G, 3G, and 4G interoperability.

Website: www.ericsson.com/en
Social
Phone Number: +46 **********

Key Metrics

Founded Year

1876

Location

Stockholm, Sweden

Stage

Public

Latest Funding Round

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

Investors

Kepha Partners & 11 more

Ranked

5^th among 656 active competitors

Annual Revenue

$1B+ as on Dec 31, 2023

Employee Count

107,387 as on Jul 31, 2026

Investment & Acquisitions

Spectro Cloud & 94 more

Similar Companies

Mavenir & 100 more

Exit Details

Public

View Ericsson's full profile

Ericsson is associated with 9 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ericsson CIN: 06-1119960 , United States, Active	Dec 31, 1875	-	6301 (As on Dec 31, 2020)	-
Telephone company LM Ericsson CIN: 556016-0680 , Sweden, Active	Aug 19, 1918	$1B+ (As on Dec 31, 2023)	-	-
Ericsson India Private Limited CIN: U74899DL1992PTC047977 , India, Amalgamated	Mar 12, 1992	₹1,000+ Cr (As on Mar 31, 2023)	21125 (As on Aug 01, 2025)
ERICSSON TELECOMMUNICATIONS ROMANIA S.R.L. CIN: 923759468 , Norway, Active	Dec 11, 1994	-	-
ERICSSON (THAILAND) COMPANY LIMITED CIN: 0105529047733 , Thailand, Active	Dec 30, 1986	$50M - $100M (As on Dec 31, 2023)	-
ERICSSON LATVIA CIN: 40003400754 , Latvia, Active	Jul 07, 1998	€0 - €1M (As on Dec 31, 2024)	1 (As on Dec 31, 2018)	-
RAN spol. s r.o. CIN: 00559687 , Czech Republic, Active	Sep 26, 1990	-	-
ERICSSON INDIA PRIVATE LIMITED CIN: U72200DL2010PTC204192 , India, Active	Jun 16, 2010	₹1,000+ Cr (As on Mar 31, 2025)	19154 (As on Apr 01, 2026)
ERICSSON INC. CIN: 61119960 , United States, Active	Dec 31, 1999	-	4401 (As on Dec 31, 2024)	-

Ericsson got listed on Jan 01, 2008.

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

Ericsson has raised funding over 48 rounds. Its first funding round was on 1950. Its latest funding round was a Grant (prize money) round on Jan 01, 2023 for $*****. 1 investor participated in its latest round. Ericsson has 12 institutional investors.

Here is the list of recent funding rounds of Ericsson:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2023	8582443	Grant (prize money)	7856161	8076988	1273497	2166303
Feb 01, 2022	2416072	Grant (prize money)	7082315	6171733	8714388	Europa
Oct 01, 2021	7482397	Grant (prize money)	2810015	2363909	1513724	Europa

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View details of Ericsson's funding rounds and investors

The founders of Ericsson are Samir Jain, Lars Magnus Ericsson, Ulrika Cederskog Sundling and Rukmangathan Balakrishnan. Borje Ekholm is the CEO of Ericsson.

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

Samir Jain: Sr Director and Area Program Owner (PaaS, 5G Data Plane) of Ericsson.
Lars Magnus Ericsson: Former Co-Founder of Ericsson.
Ulrika Cederskog Sundling: Founder and Head of Strategic Program Practice (SPP) of Ericsson.
Rukmangathan Balakrishnan: Co-Founder, CPO CTO @ Ericsson ONE Project at Stealth of Ericsson.
Borje Ekholm: CEO of Ericsson.
Contact Info: 1 email address

View details of Ericsson's Founder profiles and Board Members

Ericsson's employee count trend

Ericsson has 107,387 employees as of Jul 26. Here is Ericsson's employee count trend over the years:

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Top competitors of Ericsson include Cisco, Mavenir and Rapid7. Here is the list of Top 10 competitors of Ericsson, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cisco 1984, San Jose (United States), Public	Provider of AI infrastructure, secure networking, and software solutions	$2.5M	Western Technology Investment, Greyrock Investments ... & 32 others	83/100
2nd	Mavenir 2005, Richardson (United States), Acquired	Developer of cloud native software for mobile network operator infrastructure	$105M	North Bridge Venture Partners, Alloy Ventures ... & 12 others	81/100
3rd	Rapid7 2000, Boston (United States), Public	Provider of cybersecurity solutions for exposure management, threat intelligence, and response	$92.3M	Bain Capital Ventures, TCV & 4 others	77/100
4th	Imperva 2002, Redwood City (United States), Acquired	Provider of application and data security solutions for threat protection	$54M	Meritech, Sprout Capital Partners & 6 others	77/100
5th	Ericsson 1876, Stockholm (Sweden), Public	Provider of telecom equipment and software solutions	-	Kepha Partners, Cevian & 10 others	74/100
6th	Bitdefender 2001, Bucharest (Romania), Series B	Provider of cybersecurity software, threat intelligence, and managed security services	$7M	Vitruvian Partners, Axxess Capital & 1 others	73/100
7th	Barracuda 2003, Campbell (United States), Acquired	Cloud based network firewall solution for enterprise web and email	$176M	Francisco Partners, Sequoia Capital & 6 others	73/100
8th	ZeroFOX 2013, Baltimore (United States), Acquired	Provider of digital risk protection, threat intelligence, and attack surface management	$154M	New Enterprise Associates, Redline Capital Management ... & 12 others	72/100
9th	Quest Software 1987, Aliso Viejo (United States), Acquired	Provider of data management, cybersecurity, and platform modernization solutions for enterprises	$11.5M	Insight Partners, Fisher Lynch Capital & 3 others	71/100
10th	Dell Technologies 1998, Round Rock (United States), Funding Raised	Provider of a suite of cyber security solutions	-	Silver Lake, Temasek & 1 others	70/100

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Ericsson has made 56 investments in companies including Spectro Cloud and Alpha Design AI. Ericsson has also acquired 39 companies including Vonage and Cradlepoint.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 15, 2026	Investments	Spectro Cloud	2019	San Jose (United States)
Jul 08, 2026	Investments	Alpha Design AI	2024	San Jose (United States)
Mar 12, 2026	Investments	Standard Kernel	2025	Mountain View (United States)