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Vexve valuation, funding and investors

Vexve works in industrial valve manufacturing, based in Sastamala, Finland. Founded in 2019, it has about 64 employees.

Pipes, Tubes, Fittings & Valves Sastamala Growth Equity
VALUATION · TODAY
$4.60B −40% after Growth
Range $2.87B – $7.89B · Grade B
TODAY
+12 MO
$2.50B
$5.00B
$7.50B
$10.00B
2020
2021
2022
2023
2024
2025
2026
2027
Growth $591M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY64 employees
−32%6m growth
−32%1y growth
−60%2y growth
100
200
Data from Mar 2024
TODAY
Predicted in 1 yr $2.78B −40% vs today
Predicted next raise $597M if a round comes
Winding-down probability 97%
Last round
Growth · $591M · Jun 2025
Valuation at last round
$6.02B · implied
Headcount
64 · shrinking
Grade
B
Founded
2019
How VCMC values companies →

Vexve valuation today

VCMC values Vexve at $4.6B today, with a range of $2.9B to $7.9B and a grade of B. The valuation starts from its last funding round, a growth round in Jun 2025.

Valuation by date (96 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Vexve: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2019$8.26M$3.01M – $22.7M$10.2M (+24%)before first round–unknownD0%
1 Feb 2019$8.49M$3.09M – $23.3M$10.3M (+21%)before first round–unknownD0%
1 Mar 2019$8.70M$3.17M – $23.9M$10.4M (+19%)before first round–unknownD0%
1 Apr 2019$8.93M$3.25M – $24.5M$10.5M (+17%)before first round–unknownD0%
1 May 2019$9.17M$3.34M – $25.2M$10.6M (+15%)before first round–unknownD0%
1 Jun 2019$9.42M$3.43M – $25.9M$10.7M (+13%)before first round–unknownD0%
1 Jul 2019$9.66M$3.52M – $26.5M$10.8M (+11%)before first round–unknownD0%
1 Aug 2019$9.76M$3.55M – $26.8M$10.9M (+11%)before first round–unknownD0%
1 Sep 2019$9.85M$3.59M – $27.1M$11.0M (+11%)before first round–unknownD0%
1 Oct 2019$9.94M$3.62M – $27.3M$11.1M (+11%)before first round–unknownD0%
1 Nov 2019$10.0M$3.65M – $27.5M$11.2M (+11%)before first round–unknownD0%
1 Dec 2019$10.1M$3.68M – $27.8M$11.3M (+11%)before first round–unknownD0%
1 Jan 2020$10.2M$3.72M – $28.1M$11.4M (+11%)before first round–unknownD0%
1 Feb 2020$10.3M$3.75M – $28.3M$11.5M (+11%)before first round–unknownD0%
1 Mar 2020$10.4M$3.78M – $28.6M$11.6M (+11%)before first round–unknownD0%
1 Apr 2020$10.5M$3.82M – $28.8M$11.7M (+11%)before first round–unknownD0%
1 May 2020$10.6M$3.85M – $29.1M$11.8M (+11%)before first round–unknownD0%
1 Jun 2020$10.7M$3.89M – $29.3M$11.9M (+11%)before first round–unknownD0%
1 Jul 2020$10.8M$3.92M – $29.6M$12.0M (+11%)before first round–unknownD0%
1 Aug 2020$10.9M$3.96M – $29.9M$12.1M (+11%)before first round–unknownD0%
1 Sep 2020$11.0M$3.99M – $30.1M$12.2M (+11%)before first round–unknownD0%
1 Oct 2020$11.1M$4.03M – $30.4M$12.3M (+11%)before first round–unknownD0%
1 Nov 2020$11.2M$4.07M – $30.7M$12.4M (+11%)before first round–unknownD0%
1 Dec 2020$11.3M$4.10M – $31.0M$12.6M (+11%)before first round–unknownD0%
1 Jan 2021$11.4M$4.14M – $31.2M$12.7M (+11%)before first round–unknownD0%
1 Feb 2021$11.5M$4.18M – $31.5M$12.8M (+11%)before first round–unknownD0%
1 Mar 2021$11.6M$4.21M – $31.8M$12.8M (+11%)before first round–unknownD0%
1 Apr 2021$11.7M$4.25M – $32.1M$12.9M (+11%)before first round–unknownD0%
1 May 2021$11.8M$4.29M – $32.4M$13.0M (+11%)before first round–unknownD0%
1 Jun 2021$11.9M$4.33M – $32.7M$13.1M (+10%)before first round–unknownD0%
1 Jul 2021$12.0M$4.37M – $33.0M$13.2M (+10%)before first round–unknownD0%
1 Aug 2021$12.1M$4.41M – $33.3M$13.3M (+10%)before first round–unknownD0%
1 Sep 2021$12.2M$4.45M – $33.6M$13.4M (+10%)before first round–unknownD0%
1 Oct 2021$12.3M$4.49M – $33.9M$13.5M (+10%)before first round–unknownD0%
1 Nov 2021$12.4M$4.53M – $34.2M$13.6M (+10%)before first round–unknownD0%
1 Dec 2021$12.5M$4.57M – $34.5M$13.7M (+9%)before first round–unknownD0%
1 Jan 2022$12.7M$4.61M – $34.8M$13.8M (+9%)before first round–unknownD0%
1 Feb 2022$12.8M$4.65M – $35.1M$13.9M (+9%)before first round–unknownD0%
1 Mar 2022$12.8M$4.68M – $35.3M$14.0M (+9%)before first round–unknownD0%
1 Apr 2022$12.9M$4.71M – $35.6M$14.1M (+9%)before first round–unknownD0%
1 May 2022$13.0M$4.75M – $35.8M$14.2M (+9%)before first round–unknownD0%
1 Jun 2022$13.1M$4.78M – $36.1M$14.3M (+9%)before first round–unknownD0%
1 Jul 2022$13.2M$4.82M – $36.3M$14.5M (+9%)before first round–unknownD0%
1 Aug 2022$13.3M$4.85M – $36.6M$14.6M (+9%)before first round–unknownD0%
1 Sep 2022$13.4M$4.89M – $36.9M$14.7M (+9%)before first round–unknownD0%
1 Oct 2022$13.5M$4.92M – $37.2M$14.8M (+9%)before first round–unknownD0%
1 Nov 2022$13.6M$4.96M – $37.4M$14.9M (+9%)before first round–unknownD0%
1 Dec 2022$13.7M$5.00M – $37.7M$15.0M (+9%)before first round–unknownD0%
1 Jan 2023$13.8M$5.04M – $38.0M$15.1M (+9%)before first round–unknownD0%
1 Feb 2023$13.9M$5.07M – $38.3M$15.2M (+9%)before first round–unknownD0%
1 Mar 2023$14.0M$5.11M – $38.5M$15.3M (+9%)before first round–unknownD0%
1 Apr 2023$14.1M$5.15M – $38.8M$15.4M (+9%)before first round–unknownD0%
1 May 2023$14.2M$5.18M – $39.1M$15.6M (+9%)before first round–unknownD0%
1 Jun 2023$14.3M$5.22M – $39.4M$15.7M (+9%)before first round–unknownD0%
1 Jul 2023$14.5M$5.26M – $39.7M$15.8M (+9%)before first round–unknownD0%
1 Aug 2023$14.6M$5.30M – $40.0M$15.8M (+8%)before first round–unknownD0%
1 Sep 2023$14.7M$5.34M – $40.3M$15.8M (+8%)before first round–unknownD0%
1 Oct 2023$14.8M$5.38M – $40.6M$15.8M (+7%)before first round–unknownD0%
1 Nov 2023$14.9M$5.42M – $40.9M$15.8M (+6%)before first round–unknownD0%
1 Dec 2023$15.0M$5.46M – $41.2M$15.8M (+5%)before first round–unknownD0%
1 Jan 2024$15.1M$5.50M – $41.5M$15.8M (+5%)before first round–unknownD0%
1 Feb 2024$15.2M$5.54M – $41.8M$15.8M (+4%)before first round–unknownD0%
1 Mar 2024$22.0M$8.00M – $60.4M$22.6M (+3%)before first round150unknownD0%
1 Apr 2024$22.1M$8.06M – $60.8M$22.6M (+2%)before first round150unknownD0%
1 May 2024$22.3M$8.12M – $61.3M$22.6M (+1%)before first round150unknownD0%
1 Jun 2024$22.5M$8.18M – $61.7M$22.6M (+1%)before first round150unknownD0%
1 Jul 2024$22.9M$8.33M – $62.8M$22.9M (0%)before first round160flatD0%
1 Aug 2024$22.9M$8.33M – $62.8M$23.0M (0%)before first round160flatD0%
1 Sep 2024$22.9M$8.33M – $62.8M$23.1M (+1%)before first round160flatD0%
1 Oct 2024$22.9M$8.33M – $62.8M$23.2M (+1%)before first round160flatD0%
1 Nov 2024$28.3M$9.31M – $63.4M$28.9M (+2%)before first round170upC0%
1 Dec 2024$28.3M$9.31M – $63.4M$29.0M (+3%)before first round170upC0%
1 Jan 2025$28.3M$9.31M – $63.4M$29.2M (+3%)before first round170upC0%
1 Feb 2025$28.3M$9.31M – $63.4M$29.3M (+4%)before first round170upC0%
1 Mar 2025$28.3M$9.31M – $63.4M$29.4M (+4%)before first round170upC0%
1 Apr 2025$28.3M$9.31M – $63.4M$29.6M (+5%)before first round170upC0%
1 May 2025$28.3M$9.31M – $63.4M$29.7M (+5%)before first round170upC0%
1 Jun 2025$6.0B$4.0B – $10.1B$6.6B (+10%)after a round170upB0%
2 Jun 2025$6.0B$4.0B – $10.1B$6.6B (+10%)after a round170upB0%
1 Jul 2025$6.1B$4.0B – $10.1B$6.6B (+9%)after a round170upB0%
1 Aug 2025$6.1B$4.0B – $10.1B$6.6B (+8%)after a round170upB0%
1 Sep 2025$6.2B$4.0B – $10.1B$6.6B (+7%)after a round170upB0%
1 Oct 2025$6.0B$4.0B – $9.2B$5.2B (-14%)after a round94shrinkingB97%
1 Nov 2025$6.0B$4.0B – $9.2B$5.0B (-18%)after a round94shrinkingB97%
1 Dec 2025$6.0B$4.0B – $9.2B$4.8B (-21%)after a round94shrinkingB97%
1 Jan 2026$6.0B$4.0B – $9.2B$4.6B (-24%)after a round94shrinkingB97%
1 Feb 2026$6.0B$4.0B – $9.2B$4.4B (-27%)after a round94shrinkingB97%
1 Mar 2026$6.0B$4.0B – $9.2B$4.2B (-30%)after a round94shrinkingB97%
1 Apr 2026$6.0B$4.0B – $9.2B$4.1B (-32%)after a round94shrinkingB97%
1 May 2026$6.0B$4.0B – $9.2B$3.9B (-35%)after a round94shrinkingB97%
1 Jun 2026$6.1B$4.0B – $9.3B$4.4B (-27%)after a round94unknownB89%
1 Jul 2026$6.0B$3.8B – $9.4B$4.3B (-28%)after a round94unknownB82%
1 Aug 2026$5.9B$3.6B – $9.4B$4.4B (-26%)after a round94unknownB76%
1 Sep 2026$4.9B$3.1B – $8.1B$3.0B (-39%)after a round64shrinkingB97%
1 Oct 2026$4.7B$3.0B – $8.0B$2.9B (-39%)after a round64shrinkingB97%
24 Oct 2026$4.6B$2.9B – $7.9B$2.8B (-40%)after a round64shrinkingB97%

Key facts about Vexve

Founded
2019
Headquarters
Sastamala, Finland
Employees
about 64 -32% in a year
Total raised
$591M
Funding rounds
2
Last round
Growth Equity Jun 2025

Vexve funding history

Vexve has 2 funding rounds on record, from Jun 2016 to Jun 2025, $591M in total. None disclosed a valuation.

  1. Growth Equity 1 Jun 2025

    Led by Pantheon; with Ilmarinen, Tesi.

    Sources: vexve.com, tesi.fi

    $591M

  2. Acquisition 30 Jun 2016no round page

    Led by DevCo.

    Sources: vexve.com, devco.fi

    Amount undisclosed

Vexve investors

4 investors have backed Vexve; DevCo and Pantheon led at least one round.

  • Ilmarinen

What Vexve does

Vexve works in pipes, tubes, fittings & valves, with 14 recorded offerings and customers in energy, industrial, marine and power.

Vexve Group Oy is a Finnish company engaged in providing valve solutions for energy infrastructure and energy-intensive industries, including district energy, buildings and industry, gas and hydrogen, marine and offshore, power, iron and steel, and petrochemical sectors. The company offers products such as ball and butterfly valves, smart monitoring and control solutions, and specialized valves for various industrial applications. Vexve operates internationally, serving clients in over 70 countries, and is ISO certified. Its operations are supported by a network of official resellers and a team of employees.

Description from Veridion's company data.

Products and services

  • Industrial Valve Manufacturing
  • Specialized Valve Manufacturing
  • Ball and Butterfly Valve Manufacturing
  • Smart Monitoring and Control Solutions Development
  • Energy Infrastructure Valve Solutions
  • Industry-Specific Valve Solutions
  • Gas and Hydrogen Valve Manufacturing
  • Power Sector Valve Manufacturing
  • Marine and Offshore Valve Manufacturing
  • Iron and Steel Valve Manufacturing
  • Petrochemical Valve Manufacturing
  • Sustainable Valve Solutions Development
  • Energy Sector Valve Solutions Consulting
  • Valve Product Compliance and Certification Services

Markets

  • Energy
  • Industrial
  • Marine
  • Power
  • Petrochemical
  • Steel

Certifications

  • ISO 9001:2015
  • ISO 14001:2015
  • ISO 26000
  • PED compliant
  • EN 488:2015/EHP003

Supply chain

  • Global Sourcing
  • Sustainable Sourcing

Business model

  • Business-to-Business
  • Manufacturing
  • Wholesale
  • Enterprise

Industry codes (NAICS)

  • 332911 Industrial Valve Manufacturing 70% match
  • 423830 Industrial Machinery and Equipment Merchant Wholesalers 30% match

Questions about Vexve

What is Vexve worth?

Valuation $4.6B (range $2.9B to $7.9B), as of 24 Oct 2026.

Has Vexve raised money?

Vexve has 2 funding rounds on record, from Jun 2016 to Jun 2025, $591M in total. None disclosed a valuation.

Who has invested in Vexve?

DevCo, Pantheon, Ilmarinen and Tesi. Lead investors include DevCo and Pantheon.

How many people work at Vexve?

About 64, down 32% over the last year. Headcount rose from 150 in Mar 2024 to 170 in Nov 2024, then fell to 64 in Aug 2026.

What does Vexve do?

Vexve works in pipes, tubes, fittings & valves, with 14 recorded offerings and customers in energy, industrial, marine and power. Its main offerings are industrial valve manufacturing, specialized valve manufacturing and ball and butterfly valve manufacturing.

When was Vexve founded, and where is it based?

Vexve was founded in 2019 and is based in Sastamala, Finland. It has about 64 employees, down 32% over the last year.