When was Patria Group founded?

Patria Group was founded in 1997 and raised its 1st funding round 24 years after it was founded.

Where is Patria Group located?

Patria Group is headquartered in Helsinki, Finland. It is registered at Lentokonetehtaantie 3, FI-35600 Halli.

How many employees does Patria Group have?

As of Aug 31, 2026, the latest employee count at Patria Group is 1693.

Is Patria Group a funded company?

Patria Group is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Dec 01, 2021.

When was the latest funding round of Patria Group?

Patria Group's latest funding was a $***** Grant (prize money) round on Dec 01, 2023, with participation from 1 investor.

What is the annual revenue of Patria Group?

Annual revenue of Patria Group is between €500M and €1B as on Dec 31, 2024

Where does Patria Group rank among its competitors?

Patria Group ranks 66th amongst 3808 active competitors, of which 73 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was ITT, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Patria Group?

Patria Group's top competitors include Thales, Indra and Northrop Grumman. Among them, ITT secured the most recent funding round in February, 2026.

Patria Group - 2026 Company Profile, Funding, Competitors & Financials

Patria Group is an acquired company based in Helsinki (Finland), founded in 1997. It operates as a Provider of defense, security, and aerospace technology and lifecycle support. Patria Group has raised an undisclosed amount in funding. The company has 3808 active competitors, including 73 funded and 303 that have exited. Its top competitors include companies like Thales, Indra and Northrop Grumman.

Company Details

Provider of defense, security, and aerospace technology and lifecycle support. The company delivers protected mobility solutions, weapon systems, and intelligence and surveillance technologies. Sustainment solutions include comprehensive support, aerostructures, research services, and system integrations. It offers situational awareness, cyber defense, underwater systems, and spare parts.

Website: www.patriagroup.com/
Social
Email ID: *****@patriagroup.com
Phone Number: +358 **********
Registered Address: Lentokonetehtaantie 3, FI-35600 Halli

Key Metrics

Founded Year

1997

Location

Helsinki, Finland

Stage

Acquired

Latest Funding Round

Grant (prize money), Dec 01, 2023, $*****

Investors

Europa

Ranked

66^th among 3808 active competitors

Annual Revenue

€500M - €1B as on Dec 31, 2024

Employee Count

1,693 as on Aug 31, 2026

Investment & Acquisitions

Ilias-Solutions & 1 more

Similar Companies

Thales & 1311 more

Exit Details

Acquired by Kongsbergams (Jul 01, 2020)

View Patria Group's full profile

Patria Group is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Patria Oyj CIN: 1077447-2 , Finland, Active	Oct 01, 1996	€500M - €1B (As on Dec 31, 2024)	-	-
Patria Belgium Engine Center CIN: 0898.937.602 , Belgium, Active	Jul 01, 2008	-	-	-
Patria Latvia CIN: 40103840901 , Latvia, Active	Oct 30, 2014	€1M - €10M (As on Dec 31, 2024)	4 (As on Dec 31, 2023)	-
Patria Aviation Oy CIN: 922209472 , Norway, Active	Dec 03, 1991	-	-

Patria Group got acquired by Kongsbergams on Jul 01, 2020.

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

Patria Group has raised funding over 2 rounds. Its first funding round was on Dec 01, 2021. Its latest funding round was a Grant (prize money) round on Dec 01, 2023 for $*****. 1 investor participated in its latest round. Patria Group has 1 institutional investor.

Here is the list of recent funding rounds of Patria Group:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2023	5928730	Grant (prize money)	5852190	1432788	1380802	9955897
Dec 01, 2021	9722989	Grant (prize money)	2951294	3999391	4462407	Europa

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View details of Patria Group's funding rounds and investors

Patria Group's employee count trend

Patria Group has 1,693 employees as of Aug 26. Here is Patria Group's employee count trend over the years:

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Top competitors of Patria Group include Thales, Indra and Northrop Grumman. Here is the list of Top 10 competitors of Patria Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thales 1893, Paris (France), Public	AI-based software suites for navigation applications	-	VentureTech Alliance, Economy And Finance ... & 4 others	81/100
2nd	Indra 1992, Madrid (Spain), Public	Developer of defense systems and digital solutions for critical infrastructure	$279M	Escribano Mechanical and Engineering, ING Bank ... & 2 others	72/100
3rd	Northrop Grumman 1939, Falls Church (United States), Public	Provider of non-combat aircraft systems for aerospace and defense industries	-	JANA Partners, Poku Capital & 5 others	71/100
4th	Airbus Official 2000, Blagnac (France), Public	Manufacturer of commercial aircraft, helicopters, satellites, and launch vehicles	-	Jindal Ventures, Soor Capital & 8 others	71/100
5th	Indostar Capital Finance 2009, Mumbai (India), Public	Real estate and infrastructure financing firm	-	Beacon India, Brookfield Asset Management ... & 5 others	71/100
6th	Kratos 1994, San Diego (United States), Public	Provider of AI and cloud-based platforms and products for national security	-	Vintage Capital Management, Oak Investment Partners ... & 2 others	70/100
7th	Sundaram Finance 1954, Chennai (India), Public	Provider of financial services including loans, fixed deposits, and insurance	-	Nalanda Capital, Catamaran & 1 others	70/100
8th	ITT 1920, White Plains (United States), Public	Manufacturer of engineered components for industries	-	RWA Wealth Partners, AssetMark & 3 others	68/100
9th	RTX 1922, Arlington (United States), Public	Developer of transformative technologies	-	Military Health, AIAC & 4 others	68/100
10th	Lockheed Martin 1912, Bethesda (United States), Public	Manufacturer of global security and defense airplanes	-	Poku Capital, Liberty Bay Capital & 11 others	67/100
66th	Patria Group 1997, Helsinki (Finland), Acquired	Provider of defense, security, and aerospace technology and lifecycle support	-	Europa	50/100