SKF - About the company
SKF is a public company based in Gothenburg (Sweden), founded in 1907 by Sven Wingqvist and Axel Carlander. It operates as a Provider of bearings, seals, lubrication solutions, and condition-monitoring services for rotating machinery. SKF has raised $295K in funding from Impact Fund Denmark. The company has 4092 active competitors, including 47 funded and 347 that have exited. Its top competitors include companies like Siemens, Mitsubishielectric and CG Power & Industrial Solutions.
Company Details
Provider of bearings, seals, lubrication solutions, and condition-monitoring services for rotating machinery. The company designs and manufactures rolling bearings, bearing units, seals, mechatronics, lubrication systems, and related maintenance and monitoring products that improve reliability, reduce friction, and extend equipment life in industries worldwide.
- Website
- www.skf.com/us
- Social
- Phone Number
- +1 **********
- Registered Address
- Lansdale, Pennsylvania
Key Metrics
Founded Year
1907
Location
Gothenburg, Sweden
Stage
Public
Total Funding
$295K in 13 rounds
Latest Funding Round
Investors
Ranked
11th among 4092 active competitors
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
20,358 as on Sep 30, 2026
Exit Details
Public
Legal entities associated with SKF
SKF is associated with 13 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
The limited company SKF CIN: 556007-3495 , Sweden, Active | Mar 11, 1907 | $1B+ (As on Dec 31, 2025) | - | - |
SKF POLSKA SPÓŁKA AKCYJNA CIN: 0000084052 , Poland, Active | Jan 25, 2002 | - | - | |
SKF CZ, a.s. CIN: 00006548 , Czech Republic, Active | Mar 06, 1931 | - | - | |
SKF LUBRICATION SYSTEMS GERMANY CIN: 0804.946.382 , Belgium, Active | Aug 01, 2023 | - | - | - |
SKF Latvija CIN: 50003707051 , Latvia, Active | Oct 25, 2004 | €0 - €1M (As on Dec 31, 2024) | 2 (As on Dec 31, 2023) | - |
SKF AB CIN: 5562408301 , United States, Active | Jul 03, 2018 | - | 43360 (As on Dec 31, 2019) | - |
SKF GROUP LIMITED CIN: 10005589 , United Kingdom, Active | Feb 14, 2016 | £0 - £1M (As on Feb 29, 2024) | 1 (As on Feb 28, 2025) | |
Skf Economos India Private Limited CIN: U25209DL2004PTC129717 , India, Active | Oct 06, 2004 | - | - | |
SKF INDIA LIMITED CIN: L29130PN1961PLC213113 , India, Active | Apr 12, 1961 | ₹1,000+ Cr (As on Mar 31, 2026) | 1863 (As on Oct 01, 2024) | |
SKF TECHNOLOGIES (INDIA) PRIVATE LIMITED CIN: U29195KA1997PTC027954 , India, Amalgamated | Jul 07, 1997 | ₹100 - ₹500 Cr (As on Mar 31, 2019) | - | |
Skf Engineering And Lubrication India Private Limited CIN: U29100KA1993PTC044269 , India, Active | Feb 11, 1993 | ₹1,000+ Cr (As on Mar 31, 2025) | 715 (As on Aug 01, 2025) | |
SKF AB CIN: 556240-8301 , Belgium, Active | Dec 31, 1906 | €1B+ (As on Dec 31, 2019) | - | - |
Skf Usa Inc. CIN: 231043740 , United States, Active | Dec 26, 999 | - | 2323 (As on Dec 31, 2024) | - |
SKF's IPO details
SKF got listed on Jun 15, 1963.
Click here to take a look at SKF's IPO in detail
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SKF's funding and investors
SKF has raised a total funding of $295K over 13 rounds. Its first funding round was on 1993. Its latest funding round was a Grant (prize money) round on Dec 18, 2023 for $*****. 1 investor participated in its latest round. SKF has 10 institutional investors.
Here is the list of recent funding rounds of SKF:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 18, 2023 | 6585863 | Grant (prize money) | 3072753 | 4844972 | 7077024 | 1906022 |
Dec 01, 2023 | 2286337 | Grant (prize money) | 1669237 | 9802664 | 6910890 | |
May 12, 2023 | 6684792 | Grant (prize money) | 1061783 | 9911058 | 4460827 |
Access funding benchmarks and valuations. Sign up today!View details of SKF's funding rounds and investors
SKF's founders and board of directors
Founder? Claim ProfileThe founders of SKF are Sven Wingqvist and Axel Carlander.
Here are the details of SKF's key team members:
- Sven Wingqvist: Former Co-Founder of SKF.
- Axel Carlander: Former Co-Founder of SKF.
- Rickard Gustafson: CEO of SKF. Contact Info: 1 email address
SKF's Board of Directors
SKF's board has 10 active members. Shailesh Sharma and Manish Bhatnagar are part of team and Subramanyam Gopal, Magnus Lennart Prick, Karl Robin Joakim Landholm, Kerstin Enochsson, Antonio Molle, Bastian Thomas, David Leif Henning Johansson and Anu Arun Wakhlu are independent board members.Here is the list of SKF's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
bpglofs | Team | - | Current | 9y 4m |
{dihpri | Team | - | Current | 9y 2m |
Independent board member | - | Current | 7y 5m | |
rxgu{ld | Independent board member | - | Current | 5y 3m |
gassnze | Independent board member | - | Current | 6y 5m |
umhkzoq | Independent board member | - | Current | 3y 9m |
tcltrmr | Independent board member | - | Current | 3y 3m |
ww{evlr | Independent board member | - | Current | 7y 1m |
mulcyld | Independent board member | - | Current | 8y 9m |
bpvxlxw | Independent board member | - | Current | 3y 7m |
View details of SKF's Founder profiles and Board Members
SKF's employee count trend
SKF has 20,358 employees as of Sep 26. Here is SKF's employee count trend over the years:
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SKF's Competitors and alternates
Top competitors of SKF include Siemens, Mitsubishielectric and CG Power & Industrial Solutions. Here is the list of Top 10 competitors of SKF, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of industrial automation, electrification, and digitalization technology solutions | - | 79/100 | ||
2nd | Mitsubishielectric 1921, Chiyoda-ku (Japan), Public | Manufacturer of diverse electrical and electronic products, systems, and solutions | - | 76/100 | |
3rd | CG Power & Industrial Solutions 1937, Mumbai (India), Acquired | Manufacturer of Industrial and Consumer Electric Equipment | - | 76/100 | |
4th | Parker 1917, Cleveland (United States), Acquired | Distributor of motion & control technologies | - | 75/100 | |
5th | Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy | $41.2M | 75/100 | ||
6th | ABB 1883, Zurich (Switzerland), Public | Provider of electrification and automation technologies for industrial applications | - | 74/100 | |
7th | Schneider Electric 1836, Rueil malmaison (France), Public | Provider of energy management, digital monitoring, protection, and automation services | - | 73/100 | |
8th | Rockwell Automation 1903, Milwaukee (United States), Public | Provider of Industrial automation and information systems | - | 72/100 | |
9th | Honeywell 1885, Charlotte (United States), Public | Provider of automation and technology solutions for building, industrial, and process sectors | - | 71/100 | |
10th | Emerson 1890, St. Louis (United States), Acquired | Manufacturer of automation systems and industrial software solutions | - | 71/100 | |
11th | Provider of bearings, seals, lubrication solutions, and condition-monitoring services for rotating machinery | $295K | 71/100 |
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SKF's Investments and acquisitions
SKF has made 1 investments in companies including Anferra. SKF has also acquired 10 companies including G-Tech Instruments and Tenute.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 25, 2026 | Investments | |||
Mar 09, 2026 | Acquisition | 2024 | Bengaluru (India) | |
Nov 09, 2022 | Acquisition | 1976 | Cambiago (Italy) |
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Reports related to SKF
Here is the latest report on SKF's sector:
News related to SKF
Filter this listMedia has covered SKF for a total of 54 events in the last 1 year, 24 of them have been about company updates and 7 about people movement.
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SKF Sets Record Date for SKF Vertevo Share Distribution and Publishes Listing ProspectusPR Newswire•Nov 10, 2026•SKF
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SKF India (Industrial) Reports 7.4% Revenue Rise in Q2 to Rs 10,428.6 MillionBusinessFortNight•Nov 05, 2026•SKF
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SKF Updates Share and Voting Structure After Conversion of Series A to Series BTipRanks•Oct 30, 2026•SKF
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SKF Joins Nordic Compass Alliance to Enhance Industrial Competitiveness and Energy EfficiencyPR Newswire•Oct 22, 2026•SKF
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AB SKF Extraordinary General Meeting Resolves on Distribution of Shares in SKF Vertevo ABPR Newswire•Oct 01, 2026•SKF
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Greta Garbo Revives SKF's Initiative to Combat Friction with AI-Powered Magnetic BearingsEuropa Press•Sep 30, 2026•SKF
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SKF Launches Progressive Lubrication Pump (PLP) for Increased Uptime and Reduced Maintenance CostsPR Newswire•Sep 21, 2026•SKF
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