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 Mar 31, 2026, the latest employee count at X-Rite is 3811.

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.

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 $238M as on Dec 31, 2011.

Where does X-Rite rank among its competitors?

X-Rite ranks 7th amongst 1069 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was PPG, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of X-Rite?

X-Rite's top competitors include Hempel, Asian Paints and Sherwin-Williams. Among them, PPG secured the most recent funding round in March, 2024.

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.

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/
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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, $*****

Investors

One Equity Partners & 3 more

Ranked

7^th among 1069 active competitors

Annual Revenue

$238M as on Dec 31, 2011

Employee Count

3,811 as on Mar 31, 2026

Investment & Acquisitions

MeasureColor

Similar Companies

Hempel & 1089 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 INDIA PRIVATE LIMITED CIN: U74120MH2011FTC216709 , India, Active	Apr 26, 2011	$1.8M (As on Mar 31, 2025)	-
X Rite Inc CIN: 790818 , United States, Active		$238M (As on Dec 31, 2011)	-	-

X-Rite got acquired by Danaher on Apr 10, 2012 at an acquisition amount of $625M. It was facilitated by Centerview Partners and Winston & Strawn.

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	9923324	PE	6923835	3778323	5367349	6780480

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

X-Rite's employee count trend

X-Rite has 3,811 employees as of Mar 26. Here is X-Rite's employee count trend over the years:

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Top competitors of X-Rite include Hempel, Asian Paints 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	Hempel 1915, Lyngby (Denmark), Acquired	Developer and supplier of protective coatings	-	CVC, Europa	69/100
2nd	Asian Paints 1942, Mumbai (India), Public	Manufacturer of industrial and decorative paints	-	-	67/100
3rd	Sherwin-Williams 1866, Cleveland (United States), Public	Manufacturer of paints, coatings, stains, and related supplies and equipment	-	-	66/100
4th	PPG 1883, Pittsburgh (United States), Public	Producer of paints, coatings, and specialty materials	-	Trian Partners, DOE & 6 others	64/100
5th	Akzo Nobel 1994, Amsterdam (Netherlands), Acquired	Manufacturer & supplier of decorative paints, metal, wood, powder, and other coatings	-	Triodos Investment Management, Next Venture Labs ... & 5 others	63/100
6th	Shalimar Paints 1902, Delhi (India), Public	Manufacturer of protective coatings	-	-	62/100
7th	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
8th	Kansai Nerolac 1920, Mumbai (India), Public	Manufacturer of industrial and decorative paints	-	-	57/100
9th	Berger Paints 1923, Kolkata (India), Acquired	Manufacturer & Supplier of Decorative Paints	-	Nalanda Capital, India Capital Growth & 1 others	53/100
10th	Jotun 1926, Sandefjord (Norway), Funding Raised	Manufacturer of paints and coating materials	-	Gov.cz	52/100