Top IPO companies in Germany
Public companies and recent post-IPO follow-on raises. Filtered to companies headquartered in Germany.
Ranked by current headcount across IPO companies headquartered in Germany. Refreshed daily.
- 1Siemens· Munich, Bavaria, Germany
- Post-IPO equity
- 260.7k employees
- 2Allianz· Munich, Bavaria, Germany
- Post-IPO equity
- 143.1k employees
- 3SAP· Walldorf, Baden-Württemberg, Germany
- Post-IPO equity
- 141.2k employees
- Founded 1972
- 4Bayer· Leverkusen, North Rhine-Westphalia, Germany
- Post-IPO debt
- 97.6k employees
- 5adidas· Herzogenaurach, Bavaria, Germany
- Post-IPO debt
- 93.9k employees
- Founded 1949
- 6Deutsche Bank· Frankfurt, Hesse, Germany
- Post-IPO debt
- 80.6k employees
- 7Deutsche Telekom· Bonn, North Rhine-Westphalia, Germany
- Post-IPO equity
- 66.6k employees
- Founded 1995
- 8Fresenius Medical Care· Bad Homburg, Hesse, Germany
- Post-IPO debt
- 51.1k employees
- Founded 1912
- 9Mercedes-Benz AG· Stuttgart, Baden-Württemberg, Germany
- Post-IPO debt
- 47.6k employees
- 10Delivery Hero· Berlin, Berlin, Germany
- post ipo secondary
- 40.8k employees
- Founded 2011
- 11thyssenkrupp· Essen, North Rhine-Westphalia, Germany
- Post-IPO equity
- 36.4k employees
- Founded 1999
- 12TUI· Hannover, Lower Saxony, Germany
- Post-IPO equity
- 35.1k employees
- Founded 1923
- 13MAHLE· Stuttgart, Baden-Württemberg, Germany
- Post-IPO debt
- 25k employees
- Founded 1920
- 14PUMA Group· Herzogenaurach, Bavaria, Germany
- post ipo secondary
- 22.3k employees
- Founded 1948
- 15Fresenius Group· Bad Homburg, Hesse, Germany
- Post-IPO debt
- 19.9k employees
- Founded 1912
- 16Lufthansa· Frankfurt, Hesse, Germany
- Post-IPO debt
- 19.6k employees
- Founded 1953
- 17HUGO BOSS· Metzingen, Baden-Württemberg, Germany
- Post-IPO debt
- 16.3k employees
- Founded 1924
- 18RWE· Essen, North Rhine-Westphalia, Germany
- Post-IPO equity
- 14.9k employees
- 19Evonik· Essen, North Rhine-Westphalia, Germany
- Post-IPO debt
- 14.5k employees
- Founded 2007
- 20Rheinmetall· Düsseldorf, North Rhine-Westphalia, Germany
- Post-IPO debt
- 14.2k employees
- 21Commerzbank AG· Frankfurt, Hesse, Germany
- Post-IPO equity
- 12.5k employees
- 22Covestro· Leverkusen, North Rhine-Westphalia, Germany
- Post-IPO equity
- 10.5k employees
- Founded 2015
- 23LANXESS· Cologne, North Rhine-Westphalia, Germany
- Post-IPO debt
- 9.6k employees
- Founded 2004
- 24Knorr-Bremse AG· Munich, Bavaria, Germany
- Post-IPO debt
- 8.3k employees
- Founded 1905
- 25Nordex Group· Hamburg, Hamburg, Germany
- Post-IPO equity
- 8.2k employees
- Founded 1985
Find engineers at IPO companies in Germany
IPO companies in Germany are some of the fastest-moving employers in the market. The list above ranks the largest IPO-stage companies headquartered in Germany by current headcount, drawn from public LinkedIn and Crunchbase records. With 121 matching companies in our index, the density of senior engineers, designers, and founders is unusually high.
At IPO, teams tend to be small, ambitious, and on the hunt for senior talent. The companies on this list are good signals for where the Germanytalent market is heating up — and for which engineers and founders are about to become tomorrow’s operators.
Refolk converts this list into a live search. Ask for “founders of IPO companies in Germany” or “senior engineers at IPO companies in Germany hiring” and Refolk returns a ranked shortlist with evidence behind each match.
How this list is built
Last refreshed: Sat, 09 May 2026 09:43:40 GMT
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