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HMD Global

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European smartphone manufacturer, and the creator of Nokia mobile phones

Espoo, FinlandFounded 2016Telecom
Valuation $1–2.5B Last recorded · 2020
Revenue $100–500M Latest reported FY
Headcount 1–2k Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for HMD Global and the history behind them.

About HMD Global

HMD Global Oy, which stands for Human Mobile Devices, is a Finnish company that holds the exclusive license for the Nokia brand for mobile phones and tablets. The company took over the feature phone business from Microsoft Mobile and has the right to use the Nokia brand on its smartphones.

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The company's business model is based on a licensing agreement with Nokia and a partnership with Google, which provides the Android One software for its smartphones. HMD Global focuses on design, marketing, and sales, while the manufacturing is outsourced to Foxconn's subsidiary, FIH Mobile.

The company targets a wide range of consumers, from those looking for basic feature phones to those who want affordable and mid-range smartphones. The company's strategy is to leverage the strong brand recognition of Nokia and combine it with the pure Android experience to differentiate itself from the competition.

Source: Dealroom company data

At a glance

Founded
2016
Headquarters
Espoo, Finland
Sector
Telecom
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Latest news

Press, funding announcements and product moves mentioning HMD Global.

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Investors

9 investors on the cap table

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

Series A9 investors entered at this stage

Team profiled 49 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
60 countries with
team presence
🇮🇳 India36.8%
🇨🇳 China9%
🇦🇪 United Arab Emirates7.7%
🇫🇮 Finland5.7%
🇮🇩 Indonesia5%
Top 5 of 60 shown
Web traffic by country
1.5M monthly visits
across markets
🇮🇳 India34.8%
🇺🇸 United States6.9%
🇩🇪 Germany4.7%
🇬🇧 United Kingdom4.1%
🇫🇷 France2.7%
Top 5 markets shown

Patents

Estimated portfolio value
$84M

73 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about HMD Global 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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