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HMD
HMD
Mobile Devices · Espoo, Finland · Finland · Founded · 2016 · ≈ · 500 · employees

HMD: Company Profile & Valuation

Private

HMD, headquartered in Finland, remains privately held in the mobile devices space. Investors last valued the company at $1B. The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
HMD at a glance
Last valuation
$1B
JUL 2022
Raised across rounds
$230M
1 round
IPO status
Private
no listing announced
Nearest Canborsa market
SP500—
SP500-PERP · live
Valuation history

HMD valuation history

One company valuation: $1B, dated Jul 2022.

Latest valuation
Dated Jul 2022
Funding history

HMD funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A-II
Aug 2020
$230M
—
Nokia
—
HMD · investors

Investors

NokiaLEADCClosed Circle Ventures
Will HMD IPO?
Founded
2016
Aug 2020
Series A-II
IPO
Not announced
No filing has been made.
HMD — the private market
Last valuation$1B · Jul 2022
Total raised$230M
Lead investors
Nokia
IPO statusNot announced
Founded · HQ2016 · Espoo, Finland · Finland
Employees≈ 500
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About HMD

HMD Global is a Finnish mobile phone manufacturer founded in 2016 by former Nokia executives who bought back Nokia's mobile phone business from Microsoft. Headquartered in Espoo, Finland, HMD marketed Nokia-branded smartphones and feature phones under an exclusive licensing agreement starting in December 2016, before launching its own self-branded HMD phones in March 2024, including the HMD Barbie Phone and the HMD Touch 4G hybrid feature phone.

HMD has sold more than 450 million devices worldwide and is the largest European mobile phone manufacturer and the market leader in feature phones. It partners with Google for Android on its smartphones, outsources manufacturing to Foxconn subsidiary FIH Mobile, and continues to pay Nokia royalties for patents and brand use on its feature phone line.

The money screen · ranked by accessibility

How to get HMD exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds HMD.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. HMD availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — HMD included.

No account needed

HMD stock — frequently asked questions

Is HMD publicly traded?›

No. HMD is a private company; its shares do not trade on a public exchange.

What is HMD's valuation?›

The last valuation is $1B.

Who has invested in HMD?›

Lead investors for each round are in the funding timeline.

Who are HMD's competitors?›

The closest mobile devices peers are on the competitors page.

How can I get exposure to HMD?›

The routes section explains what is realistically available for a company at this stage.

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