On

Zurich, Switzerland Founded: 2010 • Age: 16 yrs
Manufacturer of performance running shoes and apparel

About On

On is a company based in Zurich (Switzerland) founded in 2010 by Caspar Coppetti, David Allemann, Olivier Bernhard, and Reed Smith.. The company has 265 employees as of December 31, 2023.

  • Headquarter Zurich, Switzerland
  • Employees 265 as on 31 Dec, 2023
  • Founders Caspar Coppetti, David Allemann, Olivier Bernhard, Reed Smith
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Apparel, Fashion & Lifestyle
Key Metrics
  • Annual Revenue
    $2.63 B
    32
    as on Dec 31, 2024
  • Net Profit
    $275.13 M
    210.61
    as on Dec 31, 2024
  • EBITDA
    $358.93 M
    31.55
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
    Stripes

    & 1 more

  • Employee Count
    265

    as on Dec 31, 2023

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People of On
Headcount 1000-5000
Employee Profiles 45
Board Members and Advisors 1
Employee Profiles
People
Martin Hoffmann
Co-CEO & CFO
People
Antoni Reniers
Footwear Upper Engineer
People
Ruby J.
Head Of Group Fp&a Controller
People
Jack Hawkes
Head Of Technology Management

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Board Members and Advisors
people
David Allemann
Co-Founder & Co-Chairman

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Funding Insights of On

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2019 Amount Angel Round - On Valuation Roger Federer
Jun, 2017 Amount Series A - On Valuation

investors

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 On

On has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Roger Federer and Stripes. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Global investments are made in product-led growth companies.
Founded Year Domain Location

Roger Federer

-
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 On

Investments
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 - On

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

On Comparisons

Employees
+
Add Comparison
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Competitors of On

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 On

Frequently Asked Questions about On

When was On founded?

On was founded in 2010 and raised its 1st funding round 7 years after it was founded.

Where is On located?

On is headquartered in Zurich, Switzerland.

Who is the current CEO of On?

Marc Maurer is the current CEO of On.

How many employees does On have?

As of Dec 31, 2023, the latest employee count at On is 265.

What is the annual revenue of On?

Annual revenue of On is $2.63B as on Dec 31, 2024.

What does On do?

Footwear and apparel for road running, trail running, tennis, and other athletic pursuits are produced by the company, founded in 2010 in Zurich, Switzerland. Swiss technology is utilized in engineering the products, which are targeted at athletes and fitness enthusiasts. Accessories are also provided as part of the offerings in the athletic sector.

Who are On's investors?

On has 2 investors. Key investors include Roger Federer, and Stripes.

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