S
Signify
Connected lighting systems for professionals and the IoT
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| IPO✓Exit | Jun 2016 | $564M | — | Undisclosed | ↗ |
| CORPORATE SPINOUT✓Other financing | Jan 2016 | $0 | — | Philips | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Intelligent Lighting ControlsMinneapolis, United States
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Fluence BioengineeringAustin, United StatesFluence Bioengineering manufactures environmentally-friendly LED grow lights for commercial greenhouse and indoor farming applications
$272Mvaluation
Aqua LungVista, United StatesProvider of personal aquatic equipment for recreational and professional use
→
PointGrabRamat Hasharon, IsraelProvide the most advanced facility management sensing solution for workspace optimization in commercial real estate
$35Mvaluation
Investors
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
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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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