IFS
Sweden
2023 Revenue
$810M
Customers
10K
Avg ACV
$81K
Team
5.5K
Founded
1983
IFS Revenue (2023)
IFS generated $810M in revenue in 2023.
IFS develops and delivers enterprise software solutions such as ERP, EAM and Service Management.
Last updated
IFS Revenue
In 2023, IFS's revenue reached $810M.
| Year | Milestone | Source |
|---|---|---|
| 2023 | IFS Hit $810m revenue in December 2023 | Not recorded |
| 1983 | Launched with $0 revenue |
Founder / CEO
Customers
IFS serves 10K customers.
IFS Employees & Team Size
IFS employs approximately 5.5K people as of 2026, up from 128 in 2020, including 11 sales reps that carry a quota. It serves 10K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 5.5K employees (August 2023) | Not recorded |
| 2020 | Reached 128 employees (December 2020) | Not recorded |
| 2020 | Reached 132 employees (June 2020) | Not recorded |
| 2019 | Reached 172 employees (December 2019) | Not recorded |
| 2018 | Reached 174 employees (December 2018) | Not recorded |
Frequently Asked Questions about IFS
Who owns IFS?
IFS is owned by EQT, which acquired it.
What is IFS's revenue?
As of 2023, IFS generated $810M in revenue.
Who founded IFS?
IFS was founded by Mark Moffat.
When was IFS founded?
IFS was founded in 1983.
How many employees does IFS have?
As of 2023, IFS had 5.5K employees.
Where is IFS headquartered?
IFS is headquartered in Sweden.
Compare IFS to the industry
IFS operates across multiple industries. Browse revenue, funding, and growth data for IFS in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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