Who Owns indie semiconductor Company?

indie semiconductor Bundle

Get Bundle
Get Full Bundle:
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10

TOTAL:

Who Owns indie Semiconductor?

Understanding indie Semiconductor's ownership is key to its strategy and market sway. A major shift occurred with its public listing, altering who holds the reins.

Who Owns indie semiconductor Company?

Founded in 2007, indie Semiconductor focuses on automotive integrated circuits for safety and connectivity. Their offerings include advanced solutions for ADAS and autonomous driving, such as radar and lidar technologies, contributing to advancements like the indie semiconductor PESTEL Analysis.

As of June 2025, indie Semiconductor's market cap hovers between $850.06 million and $994.56 million. This analysis will trace its ownership from founding investors to current public and institutional shareholders, examining the impact on governance and strategy.

Who Founded indie semiconductor?

The ownership of indie Semiconductor is rooted in its founding team, who established the company in 2007. This core group, comprised of experienced engineers, laid the groundwork for the company's focus on custom mixed-signal System-on-Chip (SoC) solutions, particularly for the automotive sector.

Founder Role Prior Experience
Donald McClymont Co-Founder and CEO Founding and executive team at Axiom Microdevices
Ichiro Aoki (Ichiro Fukunaga) Co-Founder and President Founding and executive team at Axiom Microdevices
Scott Kee Co-Founder and CTO Not specified in provided details
David Kang Initial Core Team Member Not specified in provided details

The early stages of indie Semiconductor saw a significant focus on securing foundational funding to support its innovative approach. The company successfully raised $3 million across two funding rounds, with key investments occurring in 2012 and a Series A round in 2017. These early financial injections were crucial for the company's development and market entry. Among the notable early institutional investors backing the venture were Bison Capital, Trinity Capital, and DG Ventures. While the precise equity distribution among the founders at the company's inception is not publicly disclosed, their continued leadership roles and presence on the board of directors strongly indicate a substantial initial ownership stake, reflecting their foundational vision and control over the company's direction.

Icon

Founding Vision and Early Investment

indie Semiconductor was established in 2007 by Donald McClymont, Ichiro Aoki, and Scott Kee, with David Kang also identified as an initial core team member. Their collective expertise in engineering, honed through prior experience at Axiom Microdevices, guided the company's initial strategy. The company's early development was supported by approximately $3 million in funding, secured through rounds in 2012 and 2017. This early capital infusion was critical for establishing the company's operations and pursuing its specialized market niche.

  • Founders: Donald McClymont, Ichiro Aoki, Scott Kee, David Kang
  • Founding Year: 2007
  • Initial Focus: Custom mixed-signal SoC solutions for automotive
  • Early Funding: $3 million across two rounds (2012, 2017)
  • Key Early Investors: Bison Capital, Trinity Capital, DG Ventures
  • Founders' Stake: Significant, inferred from leadership roles

indie semiconductor SWOT Analysis

  • Complete SWOT Breakdown
  • Fully Customizable
  • Editable in Excel & Word
  • Professional Formatting
  • Investor-Ready Format
Get Related Template

How Has indie semiconductor’s Ownership Changed Over Time?

indie Semiconductor's journey to becoming a publicly traded entity began with its SPAC merger with Thunder Bridge Acquisition II, Ltd., on June 10, 2021, listing on Nasdaq under the ticker 'INDI'. This strategic move was instrumental in securing capital for future growth and operational expansion, significantly shaping its ownership landscape.

Market Capitalization (as of July 15, 2025) Institutional Ownership Key Insider Holdings
Approximately $850.06 million Approximately 51.16% Founders Donald McClymont and Ichiro Aoki

The ownership structure of indie Semiconductor reflects a blend of institutional backing, public float, and insider stakes. As of recent data, institutional investors collectively own about 51.16% of the company's stock, indicating substantial confidence from the financial sector. This broad institutional ownership is a key factor in the indie semiconductor company stakeholders.

Icon

Major Institutional Investors and Their Activity

Several prominent institutional investors hold significant stakes in indie Semiconductor, demonstrating their commitment to the company's growth trajectory. Their recent activities highlight active portfolio management.

  • BAMCO Inc /NY/ increased its stake by 30.6% in Q4 2024, now holding 19,901,826 shares valued at $80,602,000.
  • Vanguard Group Inc. also boosted its holdings by 8.1% in Q4 2024, with 12,585,262 shares valued at $50,970,000.
  • Other significant institutional holders as of March 31, 2025, include Primecap Management Company/CA/, Granahan Investment Management Inc/MA, BlackRock, Inc., Frontier Capital Management Co LLC, Neuberger Berman Group LLC, State Street Corp, and Artemis Investment Management LLP.
  • This diverse group of indie semiconductor investors plays a crucial role in the company's financial stability and market perception.

Beyond institutional holdings, the indie semiconductor leadership, including founders Donald McClymont and Ichiro Aoki, maintain substantial individual stakes. McClymont holds 5,681,075 shares, representing a 2.91% stake, while Aoki possesses 4,998,827 shares, accounting for 2.56% of the company. These insider positions underscore the founders' continued influence on the company's strategic direction. The company's strategic acquisitions, such as the carve-out of assets from Kinetic Technologies in January 2024, have also contributed to shaping its market position and ownership dynamics, offering insights into the Revenue Streams & Business Model of indie semiconductor.

indie semiconductor PESTLE Analysis

  • Covers All 6 PESTLE Categories
  • No Research Needed – Save Hours of Work
  • Built by Experts, Trusted by Consultants
  • Instant Download, Ready to Use
  • 100% Editable, Fully Customizable
Get Related Template

Who Sits on indie semiconductor’s Board?

The board of directors plays a crucial role in the governance and strategic direction of indie Semiconductor. The leadership team includes co-founders Donald McClymont, who serves as CEO, and Dr. Ichiro Aoki, the President. Other key members of the board are David Aldrich, Diane Biagianti, Diane Brink, Dr. Karl-Thomas Neumann, Jeffrey Owens, and Sonalee Parekh, ensuring the founders' vision continues to steer the company.

Board Member Role
Donald McClymont Co-founder, CEO
Dr. Ichiro Aoki Co-founder, President
David Aldrich Director
Diane Biagianti Director
Diane Brink Director
Dr. Karl-Thomas Neumann Director
Jeffrey Owens Director
Sonalee Parekh Director

indie Semiconductor's voting power is primarily structured around its Class A common stock, traded on Nasdaq under the ticker 'INDI'. This stock, along with Class V common stock, generally adheres to a one-share, one-vote principle, with holders of both classes voting together. Notably, Class A stockholders do not possess cumulative voting rights for director elections. As of September 30, 2024, the company maintained significant operational control, owning approximately 91% of its main subsidiary, ADK LLC. Recent insider transactions, such as Sonalee Elizabeth Parekh's share sale on June 16, 2025, and COO Michael Wittmann's on June 2, 2025, reflect ongoing shifts in the company's ownership dynamics.

Icon

Understanding indie Semiconductor's Ownership Structure

The ownership structure of indie Semiconductor is key to understanding its corporate governance. The company's voting power is distributed through its common stock classes.

  • indie Semiconductor is publicly traded on Nasdaq.
  • Voting rights are generally one-share, one-vote for Class A and Class V common stock.
  • Founders Donald McClymont and Dr. Ichiro Aoki are integral to the board.
  • Recent insider transactions provide insights into management's stake.
  • The company holds a substantial ownership in its primary operating subsidiary.

indie semiconductor Business Model Canvas

  • Complete 9-Block Business Model Canvas
  • Effortlessly Communicate Your Business Strategy
  • Investor-Ready BMC Format
  • 100% Editable and Customizable
  • Clear and Structured Layout
Get Related Template

What Recent Changes Have Shaped indie semiconductor’s Ownership Landscape?

Over the past few years, indie Semiconductor's ownership structure has evolved significantly following its public debut. The company's transition to a publicly traded entity in June 2021 marked a pivotal moment, broadening its shareholder base and introducing new dynamics to its ownership trends.

Development Date Impact on Ownership
SPAC Merger and Public Offering June 2021 Introduced public and institutional shareholders.
Convertible Senior Notes Offering December 2024 Upsized to $190 million, potentially increasing future equity holders.
Insider Selling June 2025 COO Michael Wittmann and Director Sonalee Elizabeth Parekh sold shares.
Restructuring Plan Announcement May 2025 Aimed at improving efficiency and profitability, potentially influencing investor sentiment.

Recent financial maneuvers and insider transactions offer a glimpse into the evolving indie Semiconductor ownership landscape. The company's strategic capital raising efforts, such as the December 2024 offering of $190 million in convertible senior notes, are designed to bolster its financial position and may lead to a shift in its ownership structure as these notes convert to common stock. While individual insider sales, like those by COO Michael Wittmann and Director Sonalee Elizabeth Parekh in June 2025, are noted, the overall institutional confidence remains robust.

Icon Institutional Investor Dominance

As of July 22, 2025, institutional investors, including hedge funds, held a significant 67.73% of the company's stock. This substantial stake underscores strong institutional backing and confidence in the company's future prospects.

Icon Insider Transactions Amidst Growth

Despite recent insider selling activity, the company is focused on growth. indie Semiconductor anticipates revenue between $50 million and $53 million for Q2 2025, supported by new product launches.

Icon Strategic Financial Adjustments

The company's financial strategy includes a $190 million convertible senior notes offering in December 2024. This move is intended to strengthen its capital structure and support its growth initiatives, potentially impacting the indie Semiconductor ownership breakdown.

Icon Operational Efficiency Focus

A restructuring plan announced in May 2025 aims to enhance operational efficiencies. This strategic step is designed to accelerate the company's path to profitability, which could influence future investor sentiment and the indie Semiconductor company stakeholders.

indie semiconductor Porter's Five Forces Analysis

  • Covers All 5 Competitive Forces in Detail
  • Structured for Consultants, Students, and Founders
  • 100% Editable in Microsoft Word & Excel
  • Instant Digital Download – Use Immediately
  • Compatible with Mac & PC – Fully Unlocked
Get Related Template

Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.