When was Innofactor founded?

Innofactor was founded in 2000 and raised its 1st funding round 15 years after it was founded.

Where is Innofactor located?

Innofactor is headquartered in Espoo, Finland. It is registered at 48, Øster Allé, København Ø, 2100.

Who is the current CEO of Innofactor?

Sami Ensio and Stig Nerland s of Innofactor.

How many employees does Innofactor have?

As of Jul 31, 2026, the latest employee count at Innofactor is 492.

Is Innofactor a funded company?

Innofactor is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on 2015.

When was the latest funding round of Innofactor?

Innofactor's latest funding was a $***** Grant (prize money) round on Jan 01, 2021, with participation from 1 investor. Its primary sector is IT Services. Globally, the IT Services sector has seen $7.7B in funding in 2026 to date.

Where does Innofactor rank among its competitors?

Innofactor ranks 3151st amongst 135732 active competitors, of which 976 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Hewlett Packard Enterprise, which secured $118K in Sep, 2025.

Who are the top competitors of Innofactor?

Innofactor's top competitors include IBM, UST and Infosys. Among them, Hewlett Packard Enterprise secured the most recent funding round in September, 2025.

Innofactor - 2026 Company Profile, Team, Funding & Competitors

Innofactor is a public company based in Espoo (Finland), founded in 2000 by Sami Ensio. It operates as a Provider of analytics, cybersecurity, and cloud services. Innofactor has raised an undisclosed amount in funding. The company has 135732 active competitors, including 976 funded and 7691 that have exited. Its top competitors include companies like IBM, UST and Infosys.

Company Details

Website: innofactor.com
Social
Email ID: *****@innofactor.com
Phone Number: +358 **********
Registered Address: 48, Øster Allé, København Ø, 2100

Key Metrics

Founded Year

2000

Location

Espoo, Finland

Stage

Public

Latest Funding Round

Grant (prize money), Jan 01, 2021, $*****

Investors

Europa

Ranked

3151^st among 135732 active competitors

Employee Count

492 as on Jul 31, 2026

Investment & Acquisitions

Lumagate & 1 more

Similar Companies

IBM & 159407 more

Exit Details

Public

View Innofactor's full profile

Innofactor is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INNOFACTOR HOLDING ApS CIN: 32324452 , Denmark, Active	Jun 30, 2012	-	-
INNOFACTOR BUSINESS SOLUTIONS ApS CIN: 32365868 , Denmark, Deadpooled	Aug 20, 2009	-	-

Innofactor got listed on Jan 07, 2000.

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

Innofactor has raised funding over 2 rounds. Its first funding round was on 2015. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $*****. 1 investor participated in its latest round. Innofactor has 1 institutional investor.

Here is the list of recent funding rounds of Innofactor:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2021	4121132	Grant (prize money)	7274174	3167593	1656656	2523030
2015	1407	Conventional Debt	2423	6654	2491	7664

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View details of Innofactor's funding rounds and investors

The founders of Innofactor is Sami Ensio.

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

Sami Ensio: Founder & CEO of Innofactor.
Stig Nerland: CEO of Innofactor.

View details of Innofactor's Founder profiles and Board Members

Innofactor's employee count trend

Innofactor has 492 employees as of Jul 26. Here is Innofactor's employee count trend over the years:

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Top competitors of Innofactor include IBM, UST and Infosys. Here is the list of Top 10 competitors of Innofactor, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	81/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
3rd	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 3 others	74/100
5th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
6th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 37 others	73/100
7th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	New Mountain Capital, EQT & 8 others	73/100
8th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
9th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
10th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	73/100
3151st	Innofactor 2000, Espoo (Finland), Public	Provider of analytics, cybersecurity, and cloud services	-	Europa	34/100