Where is Folksam located?

Folksam is headquartered in Stockholm, Sweden.

How many employees does Folksam have?

As of Jul 01, 2024, the latest employee count at Folksam is 2903.

Folksam is a funded company, having raised a total of $***** in its 1st and only funding round.

Folksam ranks 5th amongst 23 active competitors, none of which are funded.

Folksam's top competitors include RAC, MetLife and Blue KC. Among them, MetLife secured the most recent funding round in April, 2025.

Key Metrics

Founded Year

1908

Location

Stockholm, Sweden

Stage

Unfunded

Ranked

Employee Count

2,903 as on Jul 01, 2024

Investment & Acquisitions

Similar Companies

Folksam has not raised any funding rounds yet.

Folksam has 2,903 employees as of Jul 24. Here is Folksam's employee count trend over the years:

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Top competitors of Folksam include RAC, MetLife and Blue KC. Here is the list of Top 10 competitors of Folksam, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RAC 1897, Walsall (United Kingdom), Acquired	Provider of breakdown coverage, car insurance, repair, and route planning	$20.4M	Silver Lake, Rothschild & Co & 2 others	77/100
2nd	MetLife 1868, New York City (United States), Public	Internet first provider of life, health, auto, home, and pet insurance services	-	Stone Point Capital, Village Capital & 1 others	73/100
3rd	Blue KC 1938, Kansas City (United States), Unfunded	Online health insurance platform for groups, employees, and individuals	-	-	62/100
4th	Beazley 1986, London (United Kingdom), Acquired	Insurance Carrier	-	Europa	53/100
5th	Folksam 1908, Stockholm (Sweden), Unfunded	Insurance company	-	-	50/100
6th	Prudential 1848, London (United Kingdom), Public	Offers insurance products and asset management services through its subsidiaries.	-	-	49/100
7th	Nordic 2012, Stockholm (Sweden), Acquired	Marine insurance firm	-	-	38/100
8th	Moderna Forsakringar 1916, Stockholm (Sweden), Acquired	Internet first provider of life, personal, home, motor, pet & boat insurance services	-	-	38/100
9th	If 2010, Solna (Sweden), Funding Raised	Insurance carrier firm	-	Sampo	38/100
10th	Movestic 2000, Stockholm (Sweden), Unfunded	Internet first provider of life and health insurance services	-	-	36/100

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Folksam has made 3 investments including Northvolt, Volvo Cars and Northvolt. Folksam has not made any acquisitions as of now.

Here is the list of its investments:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 05, 2022	Investments	Northvolt	2016	Stockholm (Sweden)
Dec 16, 2019	Investments	Volvo Cars	1927	Gothenburg (Sweden)
Jun 12, 2019	Investments	Northvolt	2016	Stockholm (Sweden)