About Gogoro
Gogoro is a company based in Taipei (Taiwan) founded in 2011 by Horace Luke.. Gogoro has raised $480 million across 5 funding rounds from investors including Foxconn Electronics, Hero MotoCorp and GoTo Group. The company has 2,000 employees as of December 31, 2024. Gogoro operates in a competitive market with competitors including Ola Electric, Ather Energy, Niu, Hero Electric and BGauss, among others.
- Headquarter Taipei, Taiwan
- Employees 2000 as on 31 Dec, 2024
- Founders Horace Luke
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Gogoro Inc.
-
Annual Revenue
$310.64 M-11.21as on Dec 31, 2024
-
Net Profit
$-122.75 M-61.44as on Dec 31, 2024
-
EBITDA
$-5.93 M-145.5as on Dec 31, 2024
-
Total Equity Funding
$480 M (USD)
in 5 rounds
-
Latest Funding Round
$50 M (USD), Post-IPO
Jun 03, 2024
-
Investors
Foxconn Electronics
& 13 more
-
Employee Count
2000
as on Dec 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Gogoro
Gogoro is a publicly listed company on the NASDAQ with ticker symbol GGR in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Unlock access to complete
Funding Insights of Gogoro
Gogoro has successfully raised a total of $480M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $50 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $50.0M
-
First Round
First Round
(31 May 2011)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Post-IPO - Gogoro | Valuation |
investors |
|
| Jan, 2022 | Amount | Post-IPO - Gogoro | Valuation |
investors |
|
| Sep, 2017 | Amount | Series C - Gogoro | Valuation | Temasek , Generation Investment Management |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gogoro
Gogoro has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Foxconn Electronics, Hero MotoCorp and GoTo Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
An investment platform is provided for diverse sectors and geographies.
|
Founded Year | Domain | Location | |
|
Private equity firm focused on sustainable investments
|
Founded Year | Domain | Location | |
|
Engine No. 1 is focused on reindustrializing the United States through investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Gogoro
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Gogoro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gogoro Comparisons
Competitors of Gogoro
Gogoro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ola Electric, Ather Energy, Niu, Hero Electric and BGauss, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric scooters and motorcycles are manufactured with related accessories.
|
|
| domain | founded_year | HQ Location |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
|
|
| domain | founded_year | HQ Location |
Electric scooters are developed and fleets are provided for ride-sharing.
|
|
| domain | founded_year | HQ Location |
Manufacturer offering electric scooters and mobility solutions
|
|
| domain | founded_year | HQ Location |
Retailer of electric scooters offering test rides, maintenance, and financing
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Gogoro
Frequently Asked Questions about Gogoro
When was Gogoro founded?
Gogoro was founded in 2011.
Where is Gogoro located?
Gogoro is headquartered in Taipei, Taiwan.
Who is the current CEO of Gogoro?
Horace Luke is the current CEO of Gogoro. They have also founded this company.
Is Gogoro a funded company?
Gogoro is a funded company, having raised a total of $480M across 5 funding rounds to date. The company's 1st funding round was a Series C of $300M, raised on May 31, 2011.
How many employees does Gogoro have?
As of Dec 31, 2024, the latest employee count at Gogoro is 2,000.
What is the annual revenue of Gogoro?
Annual revenue of Gogoro is $310.64M as on Dec 31, 2024.
What does Gogoro do?
Established in 2011 in Taipei, Taiwan, electric scooters with anti-lock braking, front suspensions, swappable batteries, anti-theft features, and performance-displaying apps are produced for urban mobility. A network of battery-swapping stations, supported by AI and cloud systems, is maintained across commercial sites such as parking lots and supermarkets. Batteries are protected by waterproof aluminum casings.
Who are the top competitors of Gogoro?
Gogoro's top competitors include Ather Energy, Ola Electric and BGauss.
Is Gogoro publicly traded?
Yes, Gogoro is publicly traded on NASDAQ under the ticker symbol GGR.
Who are Gogoro's investors?
Gogoro has 14 investors. Key investors include Foxconn Electronics, Hero MotoCorp, GoTo Group, Panasonic, and Temasek.
What is Gogoro's ticker symbol?
The ticker symbol of Gogoro is GGR on NASDAQ.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.