When was Ericsson founded?

Ericsson was founded in 1876 and raised its 1st funding round 74 years after it was founded.

Where is Ericsson located?

Ericsson is headquartered in Stockholm, Sweden.

How many employees does Ericsson have?

As of Apr 30, 2026, the latest employee count at Ericsson is 107312.

Is Ericsson a funded company?

Ericsson is a funded company, having raised an undisclosed amount across 48 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on 1950.

When was the latest funding round of Ericsson?

Ericsson's latest funding was a $***** Grant (prize money) round on Jan 01, 2023, with participation from 1 investor.

Where does Ericsson rank among its competitors?

Ericsson ranks 5th amongst 639 active competitors, of which 60 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Mavenir, which secured $75M in May, 2024.

Who are the top competitors of Ericsson?

Ericsson's top competitors include Cisco, Mavenir and Rapid7. Among them, Mavenir secured the most recent funding round in May, 2024.

Ericsson - 2026 Company Profile, Team, Funding, Competitors & Financials

Ericsson is a public company based in Stockholm (Sweden), founded in 1876 by Fredrik Flyrin and Lars Magnus Ericsson. It operates as a Provider of telecom equipment and software solutions. Ericsson has raised an undisclosed amount in funding. The company has 639 active competitors, including 60 funded and 71 that have exited. Its top competitors include companies like Cisco, Mavenir and Rapid7.

Company Details

Provider of telecom equipment and software solutions. It offers mobile network equipment both traditional and IP-based, mobile and fixed broadband, software, and services to deploy and operate mobile networks, cable television, IPTV, and video systems. It has business units to support service providers. It provides telecom-managed services. It also designs and sells LTE multimode thin modems, including 2G, 3G, and 4G interoperability.

Website: www.ericsson.com/en
Social
Phone Number: +46 **********

Key Metrics

Founded Year

1876

Location

Stockholm, Sweden

Stage

Public

Latest Funding Round

Grant (prize money), Jan 01, 2023, $*****

Investors

Cevian & 10 more

Ranked

5^th among 639 active competitors

Employee Count

107,312 as on Apr 30, 2026

Investment & Acquisitions

Standard Kernel & 93 more

Similar Companies

Mavenir & 98 more

Exit Details

Public

View Ericsson's full profile

Ericsson is associated with 9 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ericsson CIN: 06-1119960 , United States, Active	Dec 31, 1875	-	6301 (As on Dec 31, 2020)	-
Telephone company LM Ericsson CIN: 556016-0680 , Sweden, Active	Aug 19, 1918	$24.8B (As on Dec 31, 2023)	-	-
Ericsson India Private Limited CIN: U74899DL1992PTC047977 , India, Amalgamated	Mar 12, 1992	$1.57B (As on Mar 31, 2023)	21125 (As on Aug 01, 2025)
ERICSSON TELECOMMUNICATIONS ROMANIA S.R.L. CIN: 923759468 , Norway, Active	Dec 11, 1994	-	-
ERICSSON (THAILAND) COMPANY LIMITED CIN: 0105529047733 , Thailand, Active	Dec 30, 1986	$84.4M (As on Dec 31, 2023)	-
ERICSSON LATVIA CIN: 40003400754 , Latvia, Active	Jul 07, 1998	$163K (As on Dec 31, 2024)	1 (As on Dec 31, 2018)	-
RAN spol. s r.o. CIN: 00559687 , Czech Republic, Active	Sep 26, 1990	-	-
ERICSSON INDIA PRIVATE LIMITED CIN: U72200DL2010PTC204192 , India, Active	Jun 16, 2010	$2.08B (As on Mar 31, 2025)	20988 (As on Feb 01, 2026)
ERICSSON INC. CIN: 61119960 , United States, Active	Dec 31, 1999	-	4401 (As on Dec 31, 2024)	-

Ericsson got listed on Jan 01, 2008.

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

Ericsson has raised funding over 48 rounds. Its first funding round was on 1950. Its latest funding round was a Grant (prize money) round on Jan 01, 2023 for $*****. 1 investor participated in its latest round. Ericsson has 11 institutional investors.

Here is the list of recent funding rounds of Ericsson:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2023	6460099	Grant (prize money)	6743313	9034444	5567975	4448202
Feb 01, 2022	4927908	Grant (prize money)	8652415	2304795	7766898	Europa
Oct 01, 2021	5414659	Grant (prize money)	1196873	5946642	1584712	Europa

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View details of Ericsson's funding rounds and investors

The founders of Ericsson are Fredrik Flyrin and Lars Magnus Ericsson. Borje Ekholm is the CEO of Ericsson.

Here are the details of Ericsson's key team members:

Fredrik Flyrin: Co-founder and CTO @ Ericsson Drone Mobility of Ericsson.
Lars Magnus Ericsson: Former Founder of Ericsson.
Borje Ekholm: Co-CEO of Ericsson.
Contact Info: 1 email address

View details of Ericsson's Founder profiles and Board Members

Ericsson's employee count trend

Ericsson has 107,312 employees as of Apr 26. Here is Ericsson's employee count trend over the years:

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Top competitors of Ericsson include Cisco, Mavenir and Rapid7. Here is the list of Top 10 competitors of Ericsson, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cisco 1984, San Jose (United States), Public	Provider of AI infrastructure, secure networking, and software solutions	$2.5M	Greyrock Investments, Benson Family Private Equity ... & 27 others	83/100
2nd	Mavenir 2005, Richardson (United States), Acquired	Developer of cloud native software for mobile network operator infrastructure	$105M	North Bridge Venture Partners, Alloy Ventures ... & 11 others	82/100
3rd	Rapid7 2000, Boston (United States), Public	Provider of cybersecurity solutions for exposure management, threat intelligence, and response	$92.3M	Bain Capital Ventures, TCV & 4 others	77/100
4th	Imperva 2002, Redwood City (United States), Acquired	Provider of application and data security solutions for threat protection	$54M	Meritech, Sprout Capital Partners & 6 others	77/100
5th	Ericsson 1876, Stockholm (Sweden), Public	Provider of telecom equipment and software solutions	-	Cevian, Kepha Partners & 9 others	75/100
6th	Quest Software 1987, Aliso Viejo (United States), Acquired	Provider of data management, cybersecurity, and platform modernization solutions for enterprises	$11.5M	Insight Partners, Fisher Lynch Capital & 3 others	74/100
7th	Dell Technologies 1998, Round Rock (United States), Public	Provider of a suite of cyber security solutions	-	Silver Lake, Temasek & 1 others	73/100
8th	Bitdefender 2001, Bucharest (Romania), Series B	Provider of cybersecurity software, threat intelligence, and managed security services	$7M	Vitruvian Partners, Axxess Capital & 1 others	73/100
9th	Barracuda 2003, Campbell (United States), Acquired	Cloud based network firewall solution for enterprise web and email	$176M	Sequoia Capital, Francisco Partners & 6 others	72/100
10th	Coro Cybersecurity 2014, Chicago (United States), Series D	Threat detection and prevention solution over wifi and cellular networks	$275M	Balderton Capital, JVP & 8 others	72/100

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Ericsson has made 54 investments in companies including Standard Kernel and Alpha Design AI. Ericsson has also acquired 40 companies including Vonage and Cradlepoint.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 12, 2026	Investments	Standard Kernel	2025	Mountain View (United States)
Jan 30, 2026	Investments	Alpha Design AI	2024	San Jose (United States)
Dec 03, 2025	Investments	LotusFlare	2013	Palo Alto (United States)