NFM - About the company
NFM is a funded company based in Ski (Norway), founded in 1996 by Walter Overland and Toivo Horvei. It operates as a Provider of spectrum protective solutions for military and law enforcement. NFM has raised an undisclosed amount in funding. The company has 392 active competitors, including 5 funded and 14 that have exited. Its top competitors include companies like Magpul Industries, Blackhawk and Avon Protection.
Company Details
Provider of spectrum protective solutions for military and law enforcement. Its products include protective clothing, helmets, and other equipment designed to keep personnel safe in dangerous situations.
- Website
- nfm.no
- Social
- Email ID
- *****@nfm.no
- Phone Number
- +47 **********
- Registered Address
- Glynitveien 15, 1400, SKI
Key Metrics
Founded Year
1996
Location
Ski, Norway
Stage
Funding Raised
Latest Funding Round
Ranked
17th among 392 active competitors
Employee Count
173 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with NFM
NFM is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
NFM GROUP AS CIN: 915546684 , Norway, Active | May 07, 2015 | - | 11 (As on Dec 31, 2022) | |
NFM GROUP AS CIN: 915546684 , Norway, Active | May 07, 2015 | - | - |
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NFM's funding and investors
NFM has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Dec 01, 2022 for $*****. 1 investor participated in its latest round. NFM has 4 institutional investors.
Here is the list of recent funding rounds of NFM:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 01, 2022 | 6170123 | Grant (prize money) | 5582248 | 5822946 | 2602048 | 2567850 |
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NFM's founders and board of directors
Founder? Claim ProfileThe founders of NFM are Walter Overland and Toivo Horvei. Walter Overland and Anders Mattsson are the CEOs of NFM.
Here are the details of NFM's key team members:
- Walter Overland: Founder & CEO of NFM. They serve on the board of 1 company.
- Toivo Horvei: Co-Founder of NFM. They serve on the board of 1 company.
- Anders Mattsson: Co-CEO of NFM.
NFM's Board of Directors
NFM's board has 4 active members. Walter Overland and Toivo Horvei are part of team and Cathrine Soot Bakke and Paal Alexander Sterud are independent board members.Here is the list of NFM's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | - | |
Team | - | Current | - | |
Independent board member | - | Current | - | |
wxwmetd | Independent board member | - | Current | 4y 3m |
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NFM's employee count trend
NFM has 173 employees as of Sep 26. Here is NFM's employee count trend over the years:
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NFM's Competitors and alternates
Top competitors of NFM include Magpul Industries, Blackhawk and Avon Protection. Here is the list of Top 10 competitors of NFM, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Magpul Industries 1999, Austin (United States), Series A | Internet first brand offering apparel wear for men and women | $14.8M | 59/100 | |
2nd |  Blackhawk 1993, Virginia Beach (United States), Unfunded | Manufacturer of holsters, tactical gear, duty gear, bags, packs, and accessories | - | - | 48/100 |
3rd | Avon Protection 1885, Cadillac (United States), Funding Raised | Manufacturer of respiratory protection equipment and underwater mission critical systems | - | 48/100 | |
4th |  Alternative Ballistics 2012, Poway (United States), Seed | Developer of less-lethal firearm attachment for law enforcement and security personnel | $40K | - | 45/100 |
5th | Manufacturer of electro-optic systems, ballistic protection gear, and maintenance solutions for defense platforms and personnel | - | 44/100 | ||
6th | Integris Composites 1994, Vienna (United States), Acquired | A designer, engineer, and manufacturer of high-performance survivability and composite solutions | - | 43/100 | |
7th |  ArmorSource 2005, Newark (United States), Unfunded | Manufacturer of ballistic helmets and head protection solutions | - | - | 42/100 |
8th | Manufacturer of protective cases, lighting systems, and temperature-controlled packaging solutions | - | - | 41/100 | |
9th | Manufacturer of protective equipment and clothing systems for military and police | - | - | 40/100 | |
10th | Avon Technologies 2024, Melksham (United Kingdom), Unfunded | Company that specializes in designing and manufacturing respiratory protection systems, underwater rebreathers, and CBRN protection solutions for military, law enforcement, and other high-risk industries | - | - | 40/100 |
17th | Provider of spectrum protective solutions for military and law enforcement | - | 33/100 |
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NFM's Investments and acquisitions
NFM has acquired Hexonia. NFM has not made any investments as of now.Reports related to NFM
Here is the latest report on NFM's sector:
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