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Elisa

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Elisa is a telecommunications, ICT and online service company whose main market areas are Finland and Estonia

Helsinki, FinlandFounded 1882Telecom
Valuation $8.27B Market cap · 2026
Revenue $2.49B Latest reported FY
EBITDA $907M Latest reported FY

About Elisa

The story of Elisa begins in 1882, not with a startup, but with a permit granted to telegraph mechanic Daniel Johannes Wadén to establish a telephone cooperative in Helsinki. This entity, the Helsinki Telephone Association (HPY), started by connecting just 56 phone numbers. For decades, it grew steadily, expanding by merging with smaller local operators. A pivotal moment came with the move into mobile communications. HPY was instrumental in founding Radiolinja, which broke the state's mobile network monopoly. In 1991, Radiolinja transmitted the world's first-ever GSM phone call, marking a significant milestone in telecommunications history. The company's structure underwent a major transformation in the late 1990s. In 1997, it was listed on the Helsinki Stock Exchange as Helsingin Puhelin Oyj. Through a series of mergers and a demutualization process, the company consolidated its operations, acquiring Radiolinja and other regional players. In 2000, it was renamed Elisa Communications Oyj, and finally, in 2003, it became Elisa Oyj as it unified its brands. This consolidation was a response to increased competition and falling prices, a necessary step to adapt to a changing market. Today, Elisa is a major telecommunications and digital services company in Finland and Estonia. It has continued to pioneer new technologies, launching the world's first commercial 3G/UMTS900 network in 2007 and one of the first commercial 5G networks in 2019.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1882
Headquarters
Helsinki, Finland
Listing
IPO 2000
Employees
4,787
Open positions
11
Dealroom signal
35.5/100
Industry
Telecom, Hosting
Sector
Telecom, Telecommunications, Entertainment, Data Analytics, Hosting, Colocation
Technology
Hardware
Client focus
b2c
Investment activity
7 companies, latest Oct 2024
Capital deployed
$24M
Preferred round
ACQUISITION

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt Aug 2026 $330M — Danske Bank · Nordea Bank · SEB ↗
POST IPO DEBT✓Debt Dec 2025 $220M — Nordic Investment Bank ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $2.5B +0.2% $907M 36.5% $414M 16.7%
2025 $2.5B +3% $850M 34.3% $376M 15.2%
2024 $2.4B +0.5% $853M 35.4% $394M 16.4%
2023 $2.4B +2.4% $841M 35%
2022 $2.3B +6.6% $807M 34.4%
2021 $2.2B +5.5% $765M 34.8%
2020 $2.1B — $754M 36.2%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Elisa website traffic

Latest recorded traffic for Elisa is 15K monthly website visits, down 25% over the last three months. Elisa's team grew 6.4% over the past year.

Latest monthly visits15K 3-month web change-25% 1-year team growth+6.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later4 investors entered at this stage

  • Nordic Investment Bank
  • Danske Bank
  • Nordea Bank
  • SEB
Team profiled 216 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇫🇮 Finland · Helsinki HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Elisa on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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