When was IFS founded?

IFS was founded in 1983 and raised its 1st funding round 39 years after it was founded.

Where is IFS located?

IFS is headquartered in Linkoping, Sweden.

How many employees does IFS have?

As of Sep 30, 2026, the latest employee count at IFS is 9192.

Is IFS a funded company?

IFS is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Mar 31, 2022.

How much is IFS worth?

The last known valuation of IFS was €***** as of Apr 10, 2025.

When was the latest funding round of IFS?

IFS's latest funding was a $***** PE round on Mar 31, 2022, with participation from 1 investor.

What is the annual revenue of IFS?

Annual revenue of IFS is less than $1M as on Dec 31, 2024

Where does IFS rank among its competitors?

IFS ranks 16th amongst 4112 active competitors, of which 79 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Oracle, which secured $77.8M in Feb, 2025.

Who are the top competitors of IFS?

IFS's top competitors include Workday, Oracle and SAP. Among them, Oracle secured the most recent funding round in February, 2025.

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

IFS is an acquired company based in Linkoping (Sweden), founded in 1983 by Willem-jan Van Uden. It operates as a Cloud-based enterprise information management platform for digital asset management. IFS has raised an undisclosed amount in funding, with last known valuation of €*****. The company has 4112 active competitors, including 79 funded and 195 that have exited. Its top competitors include companies like Workday, Oracle and SAP.

Company Details

Cloud-based enterprise information management platform for digital asset management. Among other things, the platform offers solutions for asset lifecycle management, aircraft maintenance, fleet management, and compliance management. It also offers solutions for service management, customer experience management, resource planning, and other duties of a similar nature. It also provides asset planning, maintenance, and scheduling features. It caters to a wide range of industries, including aerospace, defence, construction, and manufacturing.

Website: www.ifs.com/en
Social
Email ID: *****@synchlaw.se
Phone Number: +1 **********

Key Metrics

Founded Year

1983

Location

Linkoping, Sweden

Stage

Acquired

Latest Funding Round

PE, Mar 31, 2022, $*****

Last Known Valuation

€***** as on Apr 10, 2025

Investors

ADIA & 7 more

Ranked

16^th among 4112 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2024

Employee Count

9,192 as on Sep 30, 2026

Investment & Acquisitions

Softeon & 20 more

Similar Companies

Workday & 4554 more

Exit Details

Acquired by EQT (Jul 14, 2020)

View IFS's full profile

IFS is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Industrial and Financial Systems, IFS Aktiebolag CIN: 556122-0996 , Sweden, Active	Dec 30, 1968	$0 - $1M (As on Dec 31, 2024)	-	-
IFS DANMARK A/S CIN: 14453431 , Denmark, Active	Jun 30, 1990	-	55 (As on Mar 31, 2024)
IFS. CONSTRUCTION LTD CIN: 12765824 , United Kingdom, Active	Jul 23, 2020	£0 - £1M (As on Jul 31, 2024)	2 (As on Jul 31, 2024)
Ifs World Operations Ab CIN: FC039108 , United Kingdom, Active	Nov 14, 2021	-	-

IFS got acquired by EQT and TA Associates on Jul 14, 2020.

Click here to take a look at IFS's acquisition in detail

IFS has raised funding over 1 round. Its latest funding round was a PE round on Mar 31, 2022 for $*****. 1 investor participated in its latest round. IFS has 8 institutional investors.

Here is the list of recent funding rounds of IFS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 31, 2022	6019479	PE	1868133	2444517	6078482	7661826

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View details of IFS's funding rounds and investors

The founders of IFS is Willem-jan Van Uden. kate joyce is the CEO of IFS.

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

Willem-jan Van Uden: Global Alliance Director - IFS holding of IFS.

View details of IFS's Founder profiles and Board Members

IFS's employee count trend

IFS has 9,192 employees as of Sep 26. Here is IFS's employee count trend over the years:

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Top competitors of IFS include Workday, Oracle and SAP. Here is the list of Top 10 competitors of IFS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, T. Rowe Price & 11 others	88/100
2nd	Oracle 1977, Austin (United States), Public	Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management	-	rifvc.com, Glynn Capital & 33 others	83/100
3rd	SAP 1972, Walldorf (Germany), Public	Provider of business applications, technology, and cloud enterprise resource planning	-	Elliott Management, Triodos Investment Management ... & 12 others	80/100
4th	Infor 2002, New York City (United States), Acquired	Cloud based ERP software for multi industries	$1.52B	LC Waikiki, Maxam Capital & 18 others	79/100
5th	Deltek 1983, Herndon (United States), Acquired	Cloud based enterprise resource planning software provider for multi industries	$107M	Prospect Capital, New Mountain Capital & 3 others	77/100
6th	Zoho 1996, Chennai (India), Unfunded	Provider of cloud-based business software suite for diverse operational requirements	-	-	76/100
7th	TOTVS 1983, Sao Paulo (Brazil), Acquired	ERP solution for range of industries and companies	-	CPP Investments, Venture Partners do Brasil ... & 1 others	75/100
8th	Acumatica 2008, Kirkland (United States), Acquired	Provider of cloud enterprise resource planning software for business management	$48.3M	Accel-KKR, Almaz Capital & 5 others	74/100
9th	Odoo 2005, Louvain-la-neuve (Belgium), Series E	Developer of open-source enterprise resource planning and customer relationship management	$483M	Summit Partners, Sofinnova Partners & 10 others	71/100
10th	TeamSystem Pesaro (Italy), Acquired	Developer of software solutions for business management and payroll processing	-	HgCapital Trust, Silver Lake & 4 others	71/100
16th	IFS 1983, Linkoping (Sweden), Acquired	Cloud-based enterprise information management platform for digital asset management	-	ADIA, Pantheon International & 6 others	62/100

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IFS has not made any investments yet. IFS has made 21 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 17, 2025	Acquisition	Softeon	1999	Reston (United States)
Aug 19, 2025	Acquisition	7Bridges	2016	London (United Kingdom)
Jun 26, 2025	Acquisition	TheLoops	2019	San Jose (United States)