Glencore - About the company
Glencore is a public company based in Baar (Switzerland), founded in 1974 by Marc Rich. It operates as a Producer and supplier of metals and minerals. Glencore has raised $2.2B in funding from First Reserve. The company has 3107 active competitors, including 60 funded and 1112 that have exited. Its top competitors include companies like Dell, Hewlett Packard Enterprise and OVHcloud.
Company Details
Producer and supplier of metals and minerals. Services include production, sourcing, processing, refining, transportation, storage, financing, and supplying commodities. Assets include cobalt, copper, metals, minerals, crude oil, coal, natural gas, and agricultural products.
- Website
- www.glencore.com/
- Registered Address
- New York, New York
Key Metrics
Founded Year
1974
Location
Baar, Switzerland
Stage
Public
Total Funding
$2.2B in 8 rounds
Latest Funding Round
Investors
Ranked
4th among 3107 active competitors
Employee Count
17,379 as on Apr 30, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Glencore
Glencore is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GLEANCORE MINERALS PRIVATE LIMITED CIN: U13200OR2021PTC036284 , India, Active | Apr 21, 2021 | $0 (As on Mar 31, 2025) | - | |
Viterra BV CIN: 0881.669.820 , Belgium, Active | Jun 06, 2006 | - | - | - |
GLENCORE LTD. CIN: 132942178 , United States, Active | Dec 26, 999 | - | 338 (As on Dec 31, 2024) | - |
GLENCORE INDIA PRIVATE LIMITED CIN: U00000DL1995PTC064981 , India, Active | Feb 02, 1995 | $21M (As on Mar 31, 2025) | - |
Glencore's IPO details
Glencore got listed on May 24, 2011.
Click here to take a look at Glencore's IPO in detail
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Glencore's funding and investors
Glencore has raised a total funding of $2.2B over 8 rounds. Its first funding round was on Dec 2009. Its latest funding round was a Grant (prize money) round on May 11, 2024 for $*****. 1 investor participated in its latest round. Glencore has 8 institutional investors.
Here is the list of recent funding rounds of Glencore:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 11, 2024 | 1946241 | Grant (prize money) | 1702284 | 2723837 | 7687114 | 6620556 |
Sep 23, 2022 | 6827862 | Post IPO | 3658164 | 2075745 | 5835698 | |
May 20, 2019 | 8603117 | Conventional Debt | 7463617 | 3734291 | 3646270 |
View details of Glencore's funding rounds and investors
Glencore's founders and board of directors
Founder? Claim ProfileThe founders of Glencore is Marc Rich. Pravin Dongre is the CEO of Glencore.
Here are the details of Glencore's key team members:
- Marc Rich: Former Founder of Glencore.
- Gary Nagle: CEO of Glencore. Contact Info: 1 email address
View details of Glencore's Founder profiles and Board Members
Glencore's employee count trend
Glencore has 17,379 employees as of Apr 26. Here is Glencore's employee count trend over the years:
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Glencore's Competitors and alternates
Top competitors of Glencore include Dell, Hewlett Packard Enterprise and OVHcloud. Here is the list of Top 10 competitors of Glencore, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Dell 1984, Round Rock (United States), Public | Provider of enterprise servers and cloud solutions | - | 80/100 | |
2nd | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 80/100 | |
3rd | OVHcloud 1999, Reston (United States), Public | Provider of bare metal servers, virtual private servers, and cloud solutions | $279M | 79/100 | |
4th | Glencore 1974, Baar (Switzerland), Public | Producer and supplier of metals and minerals | $2.2B | 71/100 | |
5th | Newmont 1916, Greenwood Village (United States), Public | Provider of gold mining and exploration services | - | 69/100 | |
6th | Super Micro 1993, San Jose (United States), Acquired | Manufacturer and provider of enterprise servers | - | 67/100 | |
7th | Energy Fuels 2006, Lakewood (United States), Public | Producer of uranium & vanadium exploration and development services | - | 66/100 | |
8th | Voestalpine 1851, Linz (Austria), Public | Steel-based technology and capital goods group | - | 65/100 | |
9th | A-Mark 1965, Los Angeles (United States), Public | Online metals trading platform | - | - | 64/100 |
10th | Provider of niobium | $1.95B | 63/100 |
Looking for more details on Glencore's competitors? Click here to see the top ones
Glencore's Investments and acquisitions
Glencore has made 21 investments in companies including IB2 and Stillwater Critical Minerals. Glencore has also acquired 8 companies including FincoEnergies and northernorion.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 22, 2025 | Acquisition | 2013 | Rotterdam (Netherlands) | |
Nov 13, 2024 | Investments | 2014 | Paris (France) | |
May 02, 2024 | Investments | 2006 | Vancouver (Canada) |
See all investments and acquisitions by Glencore
News related to Glencore
Media has covered Glencore for a total of 140 events in the last 1 year, 57 of them have been about company updates and 6 about partnerships.
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Glencore Signs Native Title Agreement for Murrin Murrin Nickel-Cobalt OperationThe West Australian•May 14, 2026•Glencore
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Greenland Energy (GLND) Targets Frontier Energy Opportunity Amidst Global Supply PressuresNewMediaWire•May 12, 2026•Glencore
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FIS Powers Glencore's Landmark $2.55 Billion Oil and Gas Trade Receivables SecuritizationGlobal Fintech Series•May 12, 2026•Glencore, FIS
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Glencore reports two fatalities in Kazzinc plant explosion in KazakhstanMining Technology•May 06, 2026•Glencore
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Nuvau Minerals Announces Satisfaction of Post-Closing Payment to Glencore Under Earn-In AgreementJuniorminingnetwork•May 04, 2026•Nuvau Minerals, Glencore
•
Falcon Copper and Glencore to Boost US Minerals Supply ChainMining Technology•May 01, 2026•Falconcopper, Glencore
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IN BRIEF: Tullow Oil calls refinancing a "significant achievement"Shareprices•Apr 28, 2026•Tullow Oil, Glencore, Linklaters
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Balyasny hires Glencore's head of LPG Hendey in commoditiesReuters•Apr 21, 2026•Balyasny Asset Management, Glencore
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Glencore acquires 45% stake in South Carolina recycling and remelting plantChemengonline•Apr 10, 2026•Glencore
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