The statue was commissioned in 1909 by Carl Jacobsen, son of the founder of Carlsberg, after he had been fascinated by a ballet based on the fairy tale. The sculptor Edward Eriksen created the statue, which was unveiled on 23 August 1913. His wife, Eline Eriksen, was the model for the body. Ellen Price, the ballerina who danced the Little Mermaid in the 1909 Royal Danish Ballet production, was the model for the head and face. The statue has been severely vandalized several times.