About Mercedes-Benz
Mercedes-Benz is a company based in Stuttgart (Germany) founded in 1926 by Emil Jellinek, Wilhelm Maybach, Carl Benz, and Gottlieb Daimler. It operates as a Direct-to-Consumer (D2C), and B2B2C. The company has 1,115 employees as of March 31, 2024. Mercedes-Benz has completed 14 acquisitions, including Athlon, CINTEO GmbH and Chrysler. Mercedes-Benz offers products and services including Passenger Cars, Electric Vehicles, and Commercial Vehicles. Mercedes-Benz operates in a competitive market with competitors including Aurora, Cruise, Polestar, NIO and BMW Group, among others.
- Headquarter Stuttgart, Germany
- Employees 1115 as on 31 Mar, 2024
- Founders Emil Jellinek, Wilhelm Maybach, Carl Benz, Gottlieb Daimler
- Stage Public
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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 Mercedes-Benz Group Ag
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Annual Revenue
$158.09 B (USD)12as on Dec 31, 2022
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Net Profit
$15.61 B (USD)34as on Dec 31, 2022
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EBITDA
$20.95 B (USD)29as on Dec 31, 2022
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Latest Funding Round
$910.2 K (USD), Grant
Mar 01, 2022
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Investors
European Union
& 1 more
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Employee Count
1115
as on Mar 31, 2024
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Investments & Acquisitions
Athlon
& 13 more
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Products & Services of Mercedes-Benz
Mercedes-Benz offers a comprehensive portfolio of products and services, including Passenger Cars, Electric Vehicles, and Commercial Vehicles. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Luxury passenger cars are designed for premium driving experience.
Electric vehicles are developed for sustainable and efficient mobility.
Commercial vehicles are built for robust transport and logistics.
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Software Development Team
112 people
Supervisory Team
27 people
Product Management Team
21 people
Head Team
16 people
Leadership Team
13 people
Finance and Accounting
8 people
Human Resources and Administration
6 people
Manager Team
6 people
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Funding Insights of Mercedes-Benz
- Total Funding Total Funding
- Total Rounds 19
- Last Round Grant — $910,198
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Grant - Mercedes-Benz | Valuation |
investors |
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| Dec, 2021 | Amount | Grant - Mercedes-Benz | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Mercedes-Benz | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Mercedes-Benz
Mercedes-Benz has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Bund.de. 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 |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mercedes-Benz
Mercedes-Benz has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Athlon, CINTEO GmbH and Chrysler. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Transport management solutions are offered for freight forwarders and carriers.
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2015 | ||||
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Taxis are booked on-demand via a mobile app platform.
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2012 | ||||
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Location-based discovery platform
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mercedes-Benz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Mercedes-Benz Comparisons
Competitors of Mercedes-Benz
Mercedes-Benz 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 Aurora, Cruise, Polestar, NIO and BMW Group, 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 |
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| domain | founded_year | HQ Location |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled hardware and software for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and developed by Polestar.
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| domain | founded_year | HQ Location |
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
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| domain | founded_year | HQ Location |
Automotive manufacturing company
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| domain | founded_year | HQ Location |
Self-driving vehicle solutions are developed and deployed for transportation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mercedes-Benz
Frequently Asked Questions about Mercedes-Benz
When was Mercedes-Benz founded?
Mercedes-Benz was founded in 1926 and raised its 1st funding round 81 years after it was founded.
Where is Mercedes-Benz located?
Mercedes-Benz is headquartered in Stuttgart, Germany. It is registered at Stuttgart, Baden-wurttemberg, Germany.
Who is the current CEO of Mercedes-Benz?
Ola Kallenius is the current CEO of Mercedes-Benz.
How many employees does Mercedes-Benz have?
As of Mar 31, 2024, the latest employee count at Mercedes-Benz is 1,115.
What is the annual revenue of Mercedes-Benz?
Annual revenue of Mercedes-Benz is $158.09B as on Dec 31, 2022.
What does Mercedes-Benz do?
Mercedes-Benz, headquartered in Stuttgart, Germany, is known for the production of premium passenger cars, electric vehicles, and commercial vehicles. The company operates in the automotive sector, focusing on luxury and sustainable mobility solutions. Innovative technologies are integrated into their vehicles to enhance safety and performance. Operations are supported by a global network of offices and manufacturing facilities.
Who are the top competitors of Mercedes-Benz?
What products or services does Mercedes-Benz offer?
Mercedes-Benz offers Passenger Cars, Electric Vehicles, and Commercial Vehicles.
How many acquisitions has Mercedes-Benz made?
Mercedes-Benz has made 14 acquisitions, including Athlon, CINTEO GmbH, and Chrysler.
Who are Mercedes-Benz's investors?
Mercedes-Benz has 2 investors. Key investors include European Union, and Bund.de.
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