When was X-Rite founded?

X-Rite was founded in 1958 and raised its 1st funding round 50 years after it was founded.

Where is X-Rite located?

X-Rite is headquartered in Grand Rapids, United States. It is registered at Station Plaza Unit No. B/25, Station Road Bhandup (W), Mumbai City, Mumbai, Maharashtra, India, 400078.

How many employees does X-Rite have?

As of Aug 31, 2026, the latest employee count at X-Rite is 3804.

Is X-Rite a funded company?

X-Rite is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Oct 28, 2008.

How much is X-Rite worth?

The last known valuation of X-Rite was $***** as of Apr 10, 2012.

When was the latest funding round of X-Rite?

X-Rite's latest funding was a $***** PE round on Oct 28, 2008, with participation from 3 investors.

What is the annual revenue of X-Rite?

Annual revenue of X-Rite is between $100M and $500M as on Dec 31, 2011

Where does X-Rite rank among its competitors?

X-Rite ranks 6th amongst 1187 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 PPG, which secured $13.8M in Dec, 2025.

Who are the top competitors of X-Rite?

X-Rite's top competitors include Asian Paints, Hempel and Sherwin Williams. Among them, PPG secured the most recent funding round in December, 2025.

X-Rite - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is X-Rite an acquired company?

X-Rite got acquired by Danaher on Apr 10, 2012.

X-Rite is an acquired company based in Grand Rapids (United States), founded in 1958. It operates as a Provider of color management solutions and measurement technologies. X-Rite has raised $155M in funding from One Equity Partners, with last known valuation of $*****. The company has 1187 active competitors, including 6 funded and 137 that have exited. Its top competitors include companies like Asian Paints, Hempel and Sherwin Williams.

Company Details

Provider of color management solutions and measurement technologies. It offers spectrophotometers, color analysis software, and calibration tools for various industries including print and packaging, automotive, plastics, and textiles. The company provides services such as color formulation, quality control, and appearance assessment. Its product portfolio includes handheld and benchtop spectrophotometers, inline measurement systems, and digital color standards. Training and support are also offered to ensure clients effectively utilize the technology.

Website: www.xrite.com/
Social
Part Of
Registered Address: Station Plaza Unit No. B/25, Station Road Bhandup (W), Mumbai City, Mumbai, Maharashtra, India, 400078

Key Metrics

Founded Year

1958

Location

Grand Rapids, United States

Stage

Acquired

Total Funding

$155M in 1 round

Latest Funding Round

PE, Oct 28, 2008, $*****

Last Known Valuation

$***** as on Apr 10, 2012

Investors

One Equity Partners & 3 more

Ranked

6^th among 1187 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2011

Employee Count

3,804 as on Aug 31, 2026

Investment & Acquisitions

MeasureColor

Similar Companies

Asian Paints & 1207 more

Exit Details

Acquired by Danaher (Apr 10, 2012)

View X-Rite's full profile

X-Rite is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
X Rite Inc CIN: 790818 , United States, Active		$100M - $500M (As on Dec 31, 2011)	-	-
X-RITE INDIA PRIVATE LIMITED CIN: U74120MH2011FTC216709 , India, Active	Apr 26, 2011	₹10 - ₹50 Cr (As on Mar 31, 2025)	-

X-Rite got acquired by Danaher on Apr 10, 2012 at an acquisition amount of $*****.

Click here to take a look at X-Rite's acquisition in detail

X-Rite has raised a total funding of $155M over 1 round. Its latest funding round was a PE round on Oct 28, 2008 for $*****. 3 investors participated in its latest round. X-Rite has 4 institutional investors.

Here is the list of recent funding rounds of X-Rite:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 28, 2008	4148893	PE	3950661	7202499	1942575	4578738

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View details of X-Rite's funding rounds and investors

X-Rite's employee count trend

X-Rite has 3,804 employees as of Aug 26. Here is X-Rite's employee count trend over the years:

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Top competitors of X-Rite include Asian Paints, Hempel and Sherwin Williams. Here is the list of Top 10 competitors of X-Rite, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Asian Paints 1942, Mumbai (India), Public	Manufacturer of industrial and decorative paints	-	-	70/100
2nd	Hempel 1915, Lyngby (Denmark), Acquired	Developer and supplier of protective coatings	-	CVC, Europa	70/100
3rd	Sherwin Williams 1866, Cleveland (United States), Public	Manufacturer of paints, coatings, stains, and related supplies and equipment	-	-	68/100
4th	PPG 1883, Pittsburgh (United States), Public	Producer of paints, coatings, and specialty materials	-	Trian Partners, DOE & 7 others	67/100
5th	Akzo Nobel 1994, Amsterdam (Netherlands), Acquired	Manufacturer & supplier of decorative paints, metal, wood, powder, and other coatings	-	Triodos Investment Management, Next Venture Labs ... & 6 others	64/100
6th	X-Rite 1958, Grand Rapids (United States), Acquired	Provider of color management solutions and measurement technologies	$155M	Sagard Holdings, Hampstead Park Capital Management ... & 2 others	61/100
7th	Shalimar Paints 1902, Delhi (India), Public	Manufacturer of protective coatings	-	-	60/100
8th	Jotun 1926, Sandefjord (Norway), Funding Raised	Manufacturer of paints and coating materials	-	Gov.cz	56/100
9th	Berger Paints 1923, Kolkata (India), Acquired	Manufacturer & Supplier of Decorative Paints	-	Nalanda Capital, India Capital Growth & 1 others	55/100
10th	Nerolac 1920, Mumbai (India), Public	Manufacturer of paints, coatings, and waterproofing solutions	-	-	54/100