When was Elematic founded?

Elematic was founded in 1959 and raised its 1st funding round 59 years after it was founded.

Where is Elematic located?

Elematic is headquartered in Akaa, Finland. It is registered at Airolantie 2, 37800 AKAA (TOIJALA).

Who is the current CEO of Elematic?

Clive George Cook and Mats Jungar s of Elematic.

How many employees does Elematic have?

As of Mar 31, 2026, the latest employee count at Elematic is 411.

Is Elematic a funded company?

Elematic is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Sep 2018.

When was the latest funding round of Elematic?

Elematic's latest funding was a $***** Conventional Debt round on Sep 2018, with participation from 0 investor.

Where does Elematic rank among its competitors?

Elematic ranks 2nd amongst 317 active competitors, none of which are funded.

Who are the top competitors of Elematic?

Elematic's top competitors include Conmat, SCHWING and ProAll. Among them, Elematic secured the most recent funding round in September, 2018.

Elematic - 2026 Company Profile, Team, Funding & Competitors

Company Details

Supplier of precast concrete technology and production lines. This company provides equipment ranging from individual machines to complete precast plants. They offer software and shuttering solutions to support the entire precast concrete production process. The company also provides support services for maintenance and improvement of existing production facilities. Their offerings aim to increase efficiency and automation in precast concrete manufacturing.

Website: www.elematic.com/
Social
Email ID: *****@elematic.com
Phone Number: +358 **********
Registered Address: Airolantie 2, 37800 AKAA (TOIJALA)

Key Metrics

Founded Year

1959

Location

Akaa, Finland

Stage

Acquired

Latest Funding Round

Conventional Debt, Sep 2018, $*****

Investors

Pamplona Capital Management

Ranked

2^nd among 317 active competitors

Employee Count

411 as on Mar 31, 2026

Similar Companies

Conmat & 335 more

Exit Details

Acquired by Pamplona Capital Management (Oct 01, 2007)

View Elematic's full profile

Elematic is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ELEMATIC INDIA PRIVATE LIMITED CIN: U29120DL2011PTC217106 , India, Active	Apr 06, 2011	₹50 - ₹100 Cr (As on Mar 31, 2025)	116 (As on Aug 01, 2025)
Elematic Oyj CIN: 918017216 , Norway, Active	Oct 01, 2007	-	-

Elematic got acquired by Pamplona Capital Management on Oct 01, 2007.

Click here to take a look at Elematic's acquisition in detail

Elematic has raised funding over 1 round. Elematic has 1 institutional investor.

Here is the list of recent funding rounds of Elematic:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 2018	2213885	Conventional Debt	5664275	7897362	7523695	9827558

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View details of Elematic's funding rounds and investors

Elematic's employee count trend

Elematic has 411 employees as of Mar 26. Here is Elematic's employee count trend over the years:

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Top competitors of Elematic include Conmat, SCHWING and ProAll. Here is the list of Top 10 competitors of Elematic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Conmat 1919, Vadodara (India), Unfunded	Manufacturer of construction equipment with excellence in concrete construction equipment	-	-	48/100
2nd	Elematic 1959, Akaa (Finland), Acquired	Supplier of precast concrete technology and production lines	-	Pamplona Capital Management	48/100
3rd	SCHWING 1934, Saint Paul (United States), Acquired	Manufacturer of concrete production and handling equipment	-	-	46/100
4th	ProAll 1964, Canada, Acquired	Manufacturer of concrete mixers	-	-	45/100
5th	AJAX 1992, Bengaluru (India), Public	Manufacturer of concrete production, transport, placement, and paving equipment	-	Kedaara	41/100
6th	Apollo Inffratech 2007, Mehsana (India), Unfunded	Company is a machinery manufacturing company that specializes in designing and manufacturing a range of concrete construction equipment, including concrete batching plants	-	-	41/100
7th	GSSI 1970, Nashua (United States), Unfunded	Provides ground penetrating radar and electromagnetic induction equipment	-	-	38/100
8th	SafeRack 2003, Georgetown (United States), Unfunded	Offers industrial personal safety, truck, ladders, and other construction equipment equipment	-	-	38/100
9th	Aquarius Engineers 1997, Pune (India), Unfunded	Manufacturer and supplier of concrete production and placement equipment	-	-	38/100
10th	Ajax Fiori 1992, Bengaluru (India), Unfunded	Manufacturer of concrete construction equipment, offering a range of engineered machines for cement production and construction purposes	-	-	35/100