About McLaren
McLaren is a company based in Guildford (United Kingdom) founded in 1963 was acquired by Mumtalakat in March 2024. McLaren has raised $1.65 billion across 9 funding rounds from investors including Ares Management, National Bank of Bahrain and European Union. The company has 2,480 employees as of December 31, 2022. McLaren has completed 1 acquisition, including Arrow McLaren. McLaren offers products and services including McLaren Cars and Merchandise Store. McLaren operates in a competitive market with competitors including Porsche, Rimac Automobili, Bugatti Automobiles, BMW Canada and Dubuc Motors, among others.
- Headquarter Guildford, United Kingdom
- Employees 2480 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Mclaren Group Limited
- Date of Incorporation 11 Apr, 2017
- Jurisdiction WOKING, SURREY
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Annual Revenue
$776.53 M (USD)6as on Dec 31, 2022
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Net Profit
-$420.43 M (USD)-663as on Dec 31, 2022
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EBITDA
-$344.6 M (USD)-14030as on Dec 31, 2022
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Total Equity Funding
$1.65 B (USD)
in 9 rounds
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Latest Funding Round
$37.89 M (USD), Series D
Feb 04, 2024
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Investors
Ares Management
& 5 more
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Employee Count
2480
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Mumtalakat
(Mar 22, 2024)
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Products & Services of McLaren
McLaren offers a comprehensive portfolio of products and services, including McLaren Cars and Merchandise Store.
High-performance vehicles for racing and road use.
Online platform for McLaren branded products and accessories.
People of McLaren
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Funding Insights of McLaren
McLaren has successfully raised a total of $1.65B across 9 strategic funding rounds. The most recent funding activity was a Series D round of $37.89 million completed in February 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.
Investors in McLaren
McLaren has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Ares Management, National Bank of Bahrain and European Union.
| Investor | Description | Founded Year | Domain | Location |
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Alternative asset investment management firm
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Bahrain's sovereign wealth fund investments are managed by Mumtalakat.
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Manages investments in energy, real estate, and technology to support national development.
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Investor details for McLaren
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Investments & Acquisitions by McLaren
McLaren has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arrow McLaren.
Investment portfolio details for McLaren
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Sports services are provided by Arrow McLaren in motorsport.
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Complete acquisition details for McLaren
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Financial Statements - McLaren
Detailed financials for McLaren
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Mclaren Comparisons
Peer comparison for McLaren
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Competitors of McLaren
McLaren 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 Porsche, Rimac Automobili, Bugatti Automobiles, BMW Canada and Dubuc Motors, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Luxury sports cars are designed, manufactured, and distributed internationally.
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Electric sports cars and drivetrain components are designed and manufactured.
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Sports cars are manufactured by Bugatti Automobiles in France.
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Manufacture car company
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Creates innovative technologies for electric sports cars.
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Detailed competitors of McLaren
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Latest news on Mclaren
Complete news archive for McLaren
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Frequently Asked Questions about McLaren
McLaren was founded in 1963 and raised its 1st funding round 52 years after it was founded.
McLaren is headquartered in Guildford, United Kingdom.
Michael Robert Flewitt is the current CEO of McLaren.
McLaren is a funded company, having raised a total of $1.65B across 9 funding rounds to date.
As of Dec 31, 2022, the latest employee count at McLaren is 2,480.
Annual revenue of McLaren is $776.53M as on Dec 31, 2022.
McLaren was established in 1963 in Guildford, United Kingdom, within the automotive sector. High-performance luxury vehicles are engineered and produced by the company, with operations focused on advanced racing and road car technologies. Key figures include CEO Michael Robert Flewitt and former leader Ron Dennis. Activities span design, manufacturing, and global distribution from its UK base.
McLaren's top competitors include Porsche, Rimac Automobili and Bugatti Automobiles.
McLaren offers McLaren Cars and Merchandise Store.
McLaren has made 1 acquisition, including Arrow McLaren.
McLaren has 6 investors. Key investors include Ares Management, National Bank of Bahrain, European Union, Mumtalakat, and Public Investment Fund.