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 Sep 30, 2026, the latest employee count at Ericsson is 106877.

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 11th amongst 783 active competitors, of which 61 are funded. It stands 11th 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, Rapid7 and Mavenir. Among them, Mavenir secured the most recent funding round in May, 2024.

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

Ericsson is a public company based in Stockholm (Sweden), founded in 1876 by Lars Magnus Ericsson, Ulrika Cederskog Sundling and Rukmangathan Balakrishnan. It operates as a Provider of telecom equipment and software solutions. Ericsson has raised an undisclosed amount in funding. The company has 783 active competitors, including 61 funded and 74 that have exited. Its top competitors include companies like Cisco, Rapid7 and Mavenir.

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.

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

11^th among 783 active competitors

Annual Revenue

$1B+ as on Dec 31, 2023

Employee Count

106,877 as on Sep 30, 2026

Investment & Acquisitions

Spectro Cloud & 95 more

Similar Companies

Mavenir & 113 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	Reports
Telephone company LM Ericsson CIN: 556016-0680 , Sweden, Active	Aug 19, 1918	$1B+ (As on Dec 31, 2023)	-	-
RAN spol. s r.o. CIN: 00559687 , Czech Republic, Active	Sep 26, 1990	-	-
ERICSSON LATVIA CIN: 40003400754 , Latvia, Active	Jul 07, 1998	€0 - €1M (As on Dec 31, 2024)	1 (As on Dec 31, 2018)	-
ERICSSON (THAILAND) COMPANY LIMITED CIN: 0105529047733 , Thailand, Active	Dec 30, 1986	$50M - $100M (As on Dec 31, 2023)	-
ERICSSON TELECOMMUNICATIONS ROMANIA S.R.L. CIN: 923759468 , Norway, Active	Dec 11, 1994	-	-
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 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 INC. CIN: 61119960 , United States, Active	Dec 31, 1999	-	4401 (As on Dec 31, 2024)	-
Ericsson CIN: 06-1119960 , United States, Active	Dec 31, 1875	-	6301 (As on Dec 31, 2020)	-

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	1405601	Grant (prize money)	8104791	2864320	6205193	3855155
Feb 01, 2022	6281455	Grant (prize money)	9848206	2378009	2134226	Europa
Oct 01, 2021	9288111	Grant (prize money)	4457908	1053446	2705906	Europa

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View details of Ericsson's funding rounds and investors

The founders of Ericsson are 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:

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 106,877 employees as of Sep 26. Here is Ericsson's employee count trend over the years:

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Top competitors of Ericsson include Cisco, Rapid7 and Mavenir. 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 ... & 34 others	84/100
2nd	Rapid7 2000, Boston (United States), Public	Provider of cybersecurity solutions for exposure management, threat intelligence, and response	$92.3M	Bain Capital Ventures, Stock Capital Banker ... & 4 others	78/100
3rd	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	76/100
4th	Sophos 1985, Abingdon (United Kingdom), Acquired	Provider of enterprise security suite for network and endpoint security	$4.61M	Investcorp, TA Associates & 4 others	75/100
5th	Barracuda 2003, Campbell (United States), Acquired	Cloud based network firewall solution for enterprise web and email	$176M	Francisco Partners, Sequoia Capital & 6 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	74/100
7th	Imperva 2002, Redwood City (United States), Acquired	Provider of application and data security solutions for threat protection	$54M	Meritech, Sprout Capital Partners & 7 others	73/100
8th	Quest Software 1987, Aliso Viejo (United States), Acquired	Provider of data management, cybersecurity, and platform modernization solutions for enterprises	$11.5M	Fisher Lynch Capital, WILsquare Capital & 3 others	73/100
9th	ZTE 1985, Shenzhen (China), Public	Enterprise SD WAN network management solutions provider	-	Shenzhen Nanshan Strategic Emerging Industries Investment, RC Investments ... Read more	72/100
10th	Coro Cybersecurity 2014, Chicago (United States), Series D	Threat detection and prevention solution over wifi and cellular networks	$275M	Energy Impact Partners, JVP & 8 others	72/100
11th	Ericsson 1876, Stockholm (Sweden), Public	Provider of telecom equipment and software solutions	-	Kepha Partners, Cevian & 10 others	70/100

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Ericsson has made 57 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:

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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)