Ilmarinen is Finland's largest private earnings-related pension insurance company, founded in 1961 and headquartered in Helsinki. As a mutual pension insurance company wholly owned by its customers, it invests pension assets profitably and responsibly to secure current and future pensions. In 2018, Ilmarinen merged with Etera Mutual Pension Insurance Company, further strengthening its position.
40% of their portfolio is in Defense & Space. Average disclosed round size is $43.5M (across 3 rounds with reported amounts).
Portfolio
4
Fund Size
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Top Stage
Growth
Last 12 Mo
0
Team
Anna Eskola
Consultant Physicians
Annika Ekman
EVP, Investments
Heidi Furu
Consultant Physicians
Jaana Suhonen
Consultant Physicians
Juho Uusvaara
Consultant Physicians
Kaija Karjalainen
Consultant Physicians
Kirsi Suominen
Consultant Physicians
Maria Heikkinen
Consultant Physicians
Portfolio Breakdown
Stage Distribution
Investment Activity
Portfolio
Top Co-Investors
Last updated: 20 October 2026