When was Savaria founded?

Savaria was founded in 1979 and raised its 1st funding round 36 years after it was founded.

Where is Savaria located?

Savaria is headquartered in Laval, Canada.

Who is the current CEO of Savaria?

Marcel Bourassa of Savaria. They have also founded 1 company.

How many employees does Savaria have?

As of Aug 31, 2026, the latest employee count at Savaria is 604.

Is Savaria a funded company?

Savaria is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on May 13, 2015.

When was the latest funding round of Savaria?

Savaria's latest funding was a $***** Post IPO round on Sep 06, 2023, with participation from 1 investor.

Where does Savaria rank among its competitors?

Savaria ranks 6th amongst 677 active competitors, of which 2 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was MAS Industries, which secured $809K in Nov, 2024.

Who are the top competitors of Savaria?

Savaria's top competitors include Schindler, Otis and TK Elevator. Among them, MAS Industries secured the most recent funding round in November, 2024.

Savaria - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: www.savaria.com/
Social
Email ID: *****@savaria.com
Phone Number: +1 **********

Key Metrics

Founded Year

1979

Location

Laval, Canada

Stage

Public

Latest Funding Round

Post IPO, Sep 06, 2023, $*****

Investors

TD Securities & 5 more

Ranked

6^th among 677 active competitors

Employee Count

604 as on Aug 31, 2026

Investment & Acquisitions

Vipal & 10 more

Similar Companies

Schindler & 696 more

Exit Details

Public

View Savaria's full profile

Savaria got listed on Mar 20, 2003.

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

Savaria has raised funding over 3 rounds. Its first funding round was on May 13, 2015. Its latest funding round was a Post IPO round on Sep 06, 2023 for $*****. 1 investor participated in its latest round. Savaria has 6 institutional investors.

Here is the list of recent funding rounds of Savaria:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 06, 2023	8422396	Post IPO	8839472	6763999	8564241	9351071
Apr 24, 2019	8158458	Post IPO	3965597	7336030	9165991	Desjardins Capital Markets & 3 more
May 13, 2015	5088700	Post IPO	8600035	1280413	4656277	1650848

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View details of Savaria's funding rounds and investors

The founders of Savaria is Marcel Bourassa. Marcel Bourassa is the CEO of Savaria.

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

Marcel Bourassa: Founder & CEO of Savaria.
Contact Info: 1 email address

View details of Savaria's Founder profiles and Board Members

Savaria's employee count trend

Savaria has 604 employees as of Aug 26. Here is Savaria's employee count trend over the years:

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Top competitors of Savaria include Schindler, Otis and TK Elevator. Here is the list of Top 10 competitors of Savaria, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Schindler 1874, Ebikon (Switzerland), Public	Provider of elevator maintenance and repair services	-	Europa, Ministerstvo Hospodárstva Slovenskej Republiky ... Read more	65/100
2nd	Otis 1853, Farmington (United States), Public	Manufacturer of elevators, escalators, and moving walkways for various industries	-	Analah Ventures, Everywhere & 2 others	64/100
3rd	TK Elevator 2002, Delhi (India), Acquired	Manufacturer of elevators, escalators, moving walks, boarding bridges, and home lifts	-	Omnes Capital, Europa	58/100
4th	KONE 1910, Espoo (Finland), Public	Engineering and service company that provides elevators for smart buildings	-	Europa	57/100
5th	Johnson Lifts 1963, Chennai (India), Unfunded	Manufacturer of lifts and escalators	-	-	55/100
6th	Savaria 1979, Laval (Canada), Public	Manufacturer & supplier of lifts and elevators	-	TD Securities, Cormark Securities & 4 others	50/100
7th	Hyundai Elevator 1984, Chungju-si (South Korea), Public	Manufacturer of elevators & escalators	-	H&Q Korea, LB Private Equity	47/100
8th	MAS Industries 2003, Mumbai (India), Seed	Manufacturer of elevator components and lift solutions	$3.96M	-	46/100
9th	American Elevator Group 2020, New York City (United States), Acquired	Provider of elevator management services	-	-	46/100
10th	ATIS Elevator Inspections 2013, Saint Louis (United States), Late Stage	Provider of premier elevator inspection services	-	Thompson Street Capital Partners, Greenleaf Capital Partners ... & 1 others	45/100