Expanite Overview

  • Founded
  • 2010
  • Status
  • Private
  • Employees
  • 20
  • Latest Deal Type
  • Later Stage VC
  • Latest Deal Amount
  • $1.42M
Latest Deal Amount
  • Investors
  • 6

Expanite General Information


Developer of surface hardening technology for stainless steel intended to increase surface hardness by tenfold. The company's technology provides wear-resistant and scratch-resistant stainless steel and related surfaces, enabling businesses to improve performance by addressing problems including wearing, galling, and corrosion of stainless steel.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Specialty Chemicals
Other Industries
Other Materials
Primary Office
  • Industrivænget 34
  • 3400 Hillerød
  • Denmark
+45 28 00 00 00
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Expanite Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC 28-Dec-2016 $1.42M 00.000 Completed Generating Revenue
2. Early Stage VC 06-Jun-2014 Completed Startup
1. Accelerator/Incubator 01-Jan-2010 Completed Startup
To view Expanite’s complete valuation and funding history, request access »

Expanite Executive Team (4)

Name Title Board Seat Contact Info
Thomas Sandholdt Chief Executive Officer
Thomas Hummelshøj Ph.D Chief Technology Officer & Co-Founder
Marcel Somers Ph.D Co-Founder & Board Member
Ole Cornow Sales Manager
To view Expanite’s complete executive team members history, request access »

Expanite Board Members (3)

Name Representing Role Since
Marcel Somers Ph.D Expanite Co-Founder & Board Member 000 0000
Per Rud Expanite Board Member 000 0000
Thomas Folmann Expanite Chairman 000 0000
To view Expanite’s complete board members history, request access »

Expanite Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Expanite Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Accelerace Accelerator/Incubator Minority 000 0000 000000 0
Finindus Venture Capital Minority 000 0000 000000 0
Seed Capital (Denmark) Venture Capital Minority 000 0000 000000 0
Technical University of Denmark (Endowment) Limited Partner Minority 000 0000 000000 0
LF Investment Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 6 investors. Get the full list »