When was TPI Composites founded?

TPI Composites was founded in 1968 and raised its 1st funding round 39 years after it was founded.

Where is TPI Composites located?

TPI Composites is headquartered in Scottsdale, United States.

How many employees does TPI Composites have?

As of Sep 30, 2026, the latest employee count at TPI Composites is 4585.

Is TPI Composites a funded company?

TPI Composites is a funded company, having raised a total of $109M across 11 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 11, 2007.

When was the latest funding round of TPI Composites?

TPI Composites' latest funding was a $***** Post IPO round on Feb 28, 2023, with participation from 0 investor. Its primary sector is Wind Energy. In United States, the Wind Energy sector has seen $751M in funding in 2026 to date.

What is the annual revenue of TPI Composites?

Annual revenue of TPI Composites is between $500M and $1B as on Dec 31, 2025

Where does TPI Composites rank among its competitors?

TPI Composites ranks 1st amongst 150 active competitors, of which 6 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Haizea Wind Group, which secured $37.8M in Aug, 2024.

Who are the top competitors of TPI Composites?

TPI Composites' top competitors include Huisman, Elsewedy Electric and Haizea Wind Group. Among them, Haizea Wind Group secured the most recent funding round in August, 2024.

TPI Composites - 2026 Company Profile, Funding, Competitors & Financials

TPI Composites is a public company based in Scottsdale (United States), founded in 1968. It operates as a Manufacturer of composite wind blades. TPI Composites has raised $109M in funding from GE Capital Canada and Element Partners. The company has 150 active competitors, including 6 funded and 24 that have exited. Its top competitors include companies like Huisman, Elsewedy Electric and Haizea Wind Group.

Company Details

TPI is a leading manufacturer of wind blades to be supplied to wind turbine OEMs. Company has multiple facilities in US and other countries. Company enters into long-term supply agreements with its customers and subsequently dedicates a part of the production facility for the customer in exchange for purchase commitment. TPI is also involved in manufacturing composite vehicle structures for the transportation industry.

Website: tpicomposites.com
Social
Email ID: *****@tpicomposites.com
Phone Number: +1 **********

Key Metrics

Founded Year

1968

Location

Scottsdale, United States

Stage

Public

Total Funding

$109M in 11 rounds

Latest Funding Round

Post IPO, Feb 28, 2023, $*****

Investors

GE Capital Canada & 15 more

Ranked

1^st among 150 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2025

Employee Count

4,585 as on Sep 30, 2026

Investment & Acquisitions

Euros

Similar Companies

PolyTech & 57 more

Exit Details

Public

View TPI Composites' full profile

TPI Composites is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Composite Holding ApS CIN: 37820458 , Denmark, Active	Jun 14, 2016	-	-
Tpi Composites, Inc CIN: 1455684 , United States, Active	Sep 02, 2004	$500M - $1B (As on Dec 31, 2025)	-	-
TPI GLOBAL SSC INDIA PRIVATE LIMITED CIN: U72100TN2020PTC139934 , India, Active	Dec 07, 2020	₹10 - ₹50 Cr (As on Mar 31, 2025)	103 (As on Mar 31, 2024)
TPI COMPOSITES INDIA PRIVATE LIMITED CIN: U29259TN2020FTC134201 , India, Active	Feb 03, 2020	₹1,000+ Cr (As on Mar 31, 2025)	865 (As on Aug 01, 2025)

TPI Composites got listed on Jul 22, 2016.

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

TPI Composites has raised a total funding of $109M over 11 rounds. Its first funding round was on Oct 11, 2007. TPI Composites has 16 institutional investors.

Here is the list of recent funding rounds of TPI Composites:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 28, 2023	1836787	Post IPO	4488196	5470555	8403131	7251366
Apr 09, 2018	5169371	Conventional Debt	9582437	1444940	5384549	JPMorganChase & 3 more
Dec 29, 2014	1267814	Series B	7922704	8898730	7142845	4813898

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View details of TPI Composites's funding rounds and investors

TPI Composites' employee count trend

TPI Composites has 4,585 employees as of Sep 26. Here is TPI Composites's employee count trend over the years:

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Top competitors of TPI Composites include Huisman, Elsewedy Electric and Haizea Wind Group. Here is the list of Top 10 competitors of TPI Composites, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TPI Composites 1968, Scottsdale (United States), Public	Manufacturer of composite wind blades	$109M	Wider Sky, NGP Energy Technology Partners ... & 14 others	60/100
2nd	Huisman 1929, Schiedam (Netherlands), Funding Raised	Provider of maintenance & installation services for wind turbines and other components	-	Ponooc, Europa	60/100
3rd	Elsewedy Electric 1938, Cairo (Egypt), Funding Raised	Manufacturer of wind turbine and other components	-	Samena Capital, FAB & 2 others	59/100
4th	Haizea Wind Group 2017, Spain, Funding Raised	Manufacturer of wind towers and offshore foundations	-	European Investment Bank, SOPEF	50/100
5th	Auren Energy 1996, Pinheiros (Brazil), Public	Developer of hardware for the wind energy industry	-	Votorantim, CPP Investments	49/100
6th	Powercon 2009, Hadsund (Denmark), Acquired	Manufacturer of wind turbines	-	EIC Fund, Europa	48/100
7th	Nabrawind 2015, Pamplona (Spain), Acquired	Technology for wind turbine design and development	$2.37M	InnoEnergy, EIC Fund & 4 others	48/100
8th	PolyTech 1994, Herning (Denmark), Early Stage	Provider of lightning protection, leading edge protection, and blade monitoring solutions	$11.2M	FSN Capital, Verdane & 3 others	46/100
9th	Wind World India 1994, Mumbai (India), Unfunded	Wind Energy Converter manufacturers	-	-	46/100
10th	Enpro 1996, Charlotte (United States), Acquired	Manufacture of mechical fluid systems, process equipment, heat exchangers and skids	-	-	44/100