When was Thule Group founded?

Thule Group was founded in 1942 and raised its 1st funding round 67 years after it was founded.

Where is Thule Group located?

Thule Group is headquartered in Malmo, Sweden. It is registered at 91 64-761 KRZYŻ WIELKOPOLSKI POLSKA.

How many employees does Thule Group have?

As of Aug 31, 2026, the latest employee count at Thule Group is 1595.

Is Thule Group a funded company?

Thule Group is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Dec 16, 2009.

When was the latest funding round of Thule Group?

Thule Group's latest funding was a $***** Grant (prize money) round on Sep 01, 2011, with participation from 1 investor.

What is the annual revenue of Thule Group?

Annual revenue of Thule Group is between $500M and $1B as on Dec 31, 2023

Where does Thule Group rank among its competitors?

Thule Group ranks 1st amongst 10 active competitors, only 1 of which is funded. DometicGroup, which secured $675 in Sep, 2023.

Who are the top competitors of Thule Group?

Thule Group's top competitors include DometicGroup, Axentia and QPAX. Among them, DometicGroup secured the most recent funding round in September, 2023.

Thule Group - 2026 Company Profile, Team, Funding, Competitors & Financials

Thule Group is a public company based in Malmo (Sweden), founded in 1942 by Erik Thulin. It operates as a Manufacturer and supplier of body parts. Thule Group has raised an undisclosed amount in funding. The company has 10 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like DometicGroup, Axentia and QPAX.

Company Details

Rotasyon Automotive is a manufacturer, supplier and exporter of body parts. The company manufactures components such as roof racks and roof boxes for cars.

Website: www.thulegroup.com/en
Registered Address: 91 64-761 KRZYŻ WIELKOPOLSKI POLSKA

Key Metrics

Founded Year

1942

Location

Malmo, Sweden

Stage

Public

Latest Funding Round

Grant (prize money), Sep 01, 2011, $*****

Investors

Triodos Investment Management & 3 more

Ranked

1^st among 10 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2023

Employee Count

1,595 as on Aug 31, 2026

Investment & Acquisitions

Curli & 7 more

Similar Companies

Advance Auto Parts & 3846 more

Exit Details

Public

View Thule Group's full profile

Thule Group is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
THULE SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ CIN: 0000161686 , Poland, Active	May 16, 2003	$500M - $1B (As on Dec 31, 2023)	-
THULE HOLDING ApS CIN: 28297696 , Denmark, Active	Dec 15, 2004	-	2 (As on Mar 31, 2024)

Thule Group got listed on Nov 26, 2014.

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

Thule Group has raised funding over 4 rounds. Its first funding round was on Dec 16, 2009. Its latest funding round was a Grant (prize money) round on Sep 01, 2011 for $*****. 1 investor participated in its latest round. Thule Group has 4 institutional investors.

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

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2011	2987845	Grant (prize money)	1858186	1827574	3183383	6238602
Aug 15, 2011	9322440	Grant (prize money)	7312415	1439641	5657859	National Science Foundation
Jan 01, 2010	5174437	Grant (prize money)	6515123	1477453	2942908	National Science Foundation

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View details of Thule Group's funding rounds and investors

The founders of Thule Group is Erik Thulin.

Here are the details of Thule Group's key team members:

Erik Thulin: Founder of Thule Group.

View details of Thule Group's Founder profiles and Board Members

Thule Group's employee count trend

Thule Group has 1,595 employees as of Aug 26. Here is Thule Group's employee count trend over the years:

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Top competitors of Thule Group include DometicGroup, Axentia and QPAX. Here is the list of Top 10 competitors of Thule Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thule Group 1942, Malmo (Sweden), Public	Manufacturer and supplier of body parts	-	Triodos Investment Management, Capricorn Partners ... & 2 others	57/100
2nd	DometicGroup 2001, Solna (Sweden), Seed	DometicGroup \| Dometicgroup United States	-	Taaleri, EQT & 4 others	57/100
3rd	Axentia 2004, Linkoping (Sweden), Acquired	Manufacturer of display systems for public transport	-	-	46/100
4th	QPAX 1999, Farila (Sweden), Acquired	Manufacturer and supplier of automotive aftermarket accessories	-	-	28/100
5th	Mont Blanc Group 1947, Dalsjofors (Sweden), Acquired	Manufacturer of roof racks, bike carriers, and cargo boxes	-	Accent Equity Partners, Accent Equity Funds	26/100
6th	Work System 2009, Tenhult (Sweden), Unfunded	Manufacturer of automotive aftermarket parts and accessories	-	-	24/100
7th	U Lift 1999, Ronneby (Sweden), Unfunded	Manufacturer of lifts, ramps, and air suspension systems for vehicles and trains	-	-	21/100
8th	Auto Orebro (Sweden), Unfunded	Manufacturer and distributor of car audio installation parts and accessories	-	-	16/100
9th	iToplight 2012, Uppsala (Sweden), Unfunded	Manufacturer of automotive roof lights	-	-	16/100
10th	Prestando 1959, Trelleborg (Sweden), Unfunded	Manufacturer of automotive parts and accessories	-	-	15/100

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Thule Group has not made any investments yet. Thule Group has made 8 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 06, 2026	Acquisition	Curli	2010	Cham (Switzerland)
Nov 11, 2024	Acquisition	QuadLockCase	2012	Prahran (Australia)
Aug 11, 2020	Acquisition	QuadLockCase	2012	Prahran (Australia)