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Signify

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Connected lighting systems for professionals and the IoT

Eindhoven, NetherlandsFounded 2016Energy
Valuation $1.99B Market cap · 2026
Revenue $6.02B Latest reported FY
EBITDA $717M Latest reported FY

About Signify

Signify is a global leader in lighting, moving far beyond the simple bulb to create a world where light is an intelligent language. From connected lighting systems for smart cities to horticultural lighting that boosts food availability, the company is fundamentally about unlocking the potential of light for brighter lives and a better world. The company's story begins in 1891 in Eindhoven, Netherlands, when Gerard Philips and his father Frederik founded Philips & Co. to produce reliable, affordable incandescent light bulbs. For over a century, Philips Lighting was an integral part of the Royal Philips conglomerate, pioneering innovations from fluorescent lighting to the game-changing LED. A major milestone was the launch of the Philips Hue smart lighting system in 2012, which signaled a new era of connected lighting. By 2014, Royal Philips decided to pivot its focus to high-margin healthcare technology. This strategic shift led to the spin-off of its lighting division, which became an independent company, Philips Lighting N.V., after an initial public offering in 2016. To solidify its new identity and strategic focus on lighting for the Internet of Things, the company rebranded as Signify in 2018, while still using the trusted Philips brand on its products. Today, Signify is aggressively expanding its capabilities. Key acquisitions like Cooper Lighting Solutions have significantly strengthened its position in the North American professional market, while the purchase of WiZ Connected broadened its reach into Wi-Fi-based smart lighting. Now, Signify is pushing the boundaries of what light can do, focusing on sustainability through its "Brighter Lives, Better World 2025" program and continued innovation in the ever-expanding world of connected lighting.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2016
Headquarters
Eindhoven, Netherlands
Listing
IPO 2016
Employees
12,036
Open positions
None listed
Dealroom signal
69.3/100
Industry
Energy
Sector
Energy, Innovation Radar, EIT KIC Partners, Horizon Europe
Technology
Hardware
Business model
Manufacturing
Client focus
b2b
Investment activity
4 companies, latest Mar 2023
Capital deployed
$43M
Preferred round
ACQUISITION

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPO✓Exit Jun 2016 $564M — Undisclosed ↗
CORPORATE SPINOUT✓Other financing Jan 2016 $0 — Philips ↗
Showing the latest 2 of 2 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.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $6B -5.1% $717M 11.9% $279M 4.6% $275M
2025 $6.3B -6.2% $717M 11.3% $279M 4.4% $275M
2024 $6.8B -8.4% $850M 12.6% $361M 5.3% $293M
2023 $7.4B -10.8% $744M 10.1% $339M
2022 $8.3B +9.5% $931M 11.3%
2021 $7.5B +5.5% $901M 11.9%
2020 $7.2B — $823M 11.5%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Signify website traffic

Latest recorded traffic for Signify is 560K monthly website visits, down 11.1% over the last three months. Signify's team grew 9.8% over the past year.

Latest monthly visits560K 3-month web change-11.1% 1-year team growth+9.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

1 investor on the cap table

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

Series B and later1 investor entered at this stage

  • Philips
Team profiled 276 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
🇳🇱 Netherlands · Eindhoven 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 Signify 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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