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PHINIA Inc.

Automotive Technology Auburn Hills, Michigan, USA ~400 employees
Founded
--
Employees (Est.)
~400
20 leaders known
Total Funding
$1.8B
Funding Rounds
4
Last Funding
2024-09-10

About PHINIA Inc.

PHINIA is dedicated to advancing sustainability today and powering a cleaner tomorrow. The company focuses on creating a fuel-efficient, premium quality portfolio to enhance sustainability, improve resource usage, and explore alternative fuels for a cleaner future. They aim to lead responsibly, drive innovation, and integrate sustainable practices into all aspects of their operations.

Products & Services

Alternative Fuel Systems:Systems designed to support alternative fuel technologies for cleaner energy solutions.
Evaporative Canisters:Components for managing fuel vapor emissions to enhance environmental sustainability.
Diesel Fuel Injection and Aftertreatment Systems:Advanced systems for diesel engines to improve efficiency and reduce emissions.
Electrical Systems:Solutions for vehicle electrical systems to support modern automotive needs.
Fuel Delivery Modules:Modules that ensure efficient fuel delivery in internal combustion engines.
Gasoline Direct Injection Systems:Systems for precise fuel injection in gasoline engines to optimize performance and efficiency.
Hydrogen Solutions:Innovative technologies for hydrogen-based fuel systems aimed at carbon-free mobility.
ECU & Software and Calibration:Electronic control units and software for vehicle system calibration and efficiency.
E-pumps:Electric pumps for various automotive applications to enhance efficiency.
New Products:Emerging technologies and solutions for future mobility and sustainability.
Aftermarket Products:Premium replacement parts and services for vehicle maintenance and repair.

Specialties

Fuel Systems Electrical Systems Alternative Fuels Hydrogen Solutions Sustainability in Automotive Aftermarket Products Emission Reduction Technologies

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 400000000
MR: -
FA: 400 million
FAN: 400000000
D: 2024-09-10
FD: 2024-09-10
-
2 RT: Senior Notes Offering
T: -
FT: Senior Notes Offering
A: 450000000
MR: -
FA: $450,000,000
FAN: 450000000
D: 2024-09-10
FD: 2024-09-10
-
3 RT: Debt
T: -
FT: Debt
A: 525000000
MR: -
FA: $525 million
FAN: 525000000
D: 2024-03-26
FD: 2024-03-26
-
4 RT: Debt
T: -
FT: Debt
A: 425000000
MR: -
FA: $425 million
FAN: 425000000
D: 2024-03-25
FD: 2024-03-25
-
Debt Latest
2024-09-10
$400.0M
Senior Notes Offering 2024-09-10
$450.0M
Debt 2024-03-26
$525.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

B

Brady D. Ericson

President & CEO, PHINIA

C

Chris Gropp

VP and Chief Financial Officer

P

Pedro Abreu

VP and Chief Strategy Officer

T

Todd Anderson

VP and Chief Technology Officer

R

Robert Boyle

VP, General Counsel and Secretary

M

Mike Coetzee

VP and General Manager, Americas

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Recent News

PHINIA Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
phinia.com
Industries
Automotive Technology
Company Size
~400 employees (est.)
Locations
Auburn Hills, Michigan, USA

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