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
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
$2.63 B32as on Dec 31, 2024
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Net Profit
$275.13 M210.61as on Dec 31, 2024
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EBITDA
$358.93 M31.55as on Dec 31, 2024
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Latest Funding Round
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Investors
Stripes
& 1 more
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Employee Count
265
as on Dec 31, 2023
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Funding Insights of On
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Angel Round - On | Valuation | Roger Federer |
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| Jun, 2017 | Amount | Series A - On | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Global investments are made in product-led growth companies.
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Founded Year | Domain | Location | |
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RF
Roger Federer |
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 On
| 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 |
Financial Statements - On
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
On Comparisons
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.
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| domain | founded_year | HQ Location |
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 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.