On

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

About On

On is a publicly listed company based in Zurich (Switzerland) founded in 2010 by Caspar Coppetti, David Allemann, Olivier Bernhard, and Reed Smith. Manufacturer of performance running shoes and apparel. The company has 265 employees. Its chief executive, as recorded, is Marc Maurer. Its website on.com draws about 10.9 million monthly visits. Its focus areas include Consumer Goods, Footwear Brands, Athletic Footwear and Men & Women.

Company details

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.

  • Headquarters Zurich, Switzerland
  • Employees 265
  • Founders Caspar Coppetti, David Allemann, Olivier Bernhard, Reed Smith
  • Stage Public
  • Sectors
    Consumer
  • Website category Sports
  • Phone
    •••• ••••
  • Website on.com/en-us
  • Social LinkedIn X Facebook
  • Legal Name On Holding Ag
Operational Areas
Key Metrics
  • Annual Revenue
    $3.63 B (USD)
    37.86
    as on Dec 31, 2025
  • Net Profit
    $245.28 M (USD)
    -10.85
    as on Dec 31, 2025
  • EBITDA
    $607.48 M (USD)
    69.25
    as on Dec 31, 2025
  • Investors
    Stripes

    & 1 more

  • Employee Count
    265

Funding Insights of On

  • Total Rounds 2
  • Investors Count 2

All 2 funding rounds of On with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2019Angel Round–Roger Federer
–
Jun 2017Series A––
Valuation history

2 investors in total: 1 institutional and 1 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Global investments are made in product-led growth companies.
stripes.coNew York, United States

Roger Federer

unknown_b14228eec036446b9
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Investor details for On

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People of On

50 people are tracked at On (22 in leadership, 28 in team); the tracked headcount is 265.

NameRoleGroup
Caspar Coppetti
Co-FounderLeadership
David Allemann
Co-FounderLeadership
Olivier Bernhard
Co-FounderLeadership
Reed Smith
Co-FounderLeadership
Marc Maurer
Co-CEOLeadership
Martin Hoffmann
Co-CEO & CFOLeadership
Liv Radlinger
Head Of Investor RelationsLeadership
Tess Åkerlund
Head Of TechnologyLeadership
Ruby J.
Head Of Group Fp&a ControllerLeadership
Jack Hawkes
Head Of Technology ManagementLeadership
Narek Verdian
CTOLeadership
Aily le
Head Of Technology(apac)Leadership
Dave Kassel
Head Of Footwear EngineeringLeadership
Frederik Borst
Head Of Digital InnovationLeadership
Lucía Galán Cáceres
Head Of Group TreasuryLeadership
Murielle Leutwiler
Executive Assistant To The CTOLeadership
Ahmed Helil
Head Of Engineering / Principal Software EngineerLeadership
Aurelio Ogliari
Head Of Engineering | Product Core TechnologyLeadership
Chunyuan Cai
Head Of Engineering - Wholesale & GTMLeadership
Claus Höfele
Head Of EngineeringLeadership

30 more people are available in the full profile.

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Complete people profiles for On

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IPO & Listings of On

On is a publicly listed company on the NYSE with ticker symbol ONON in USA, operating in the Consumer non-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.

  • IPO date15 Sep 2021
  • Listed onNYSE: ONON
  • Listed entityOn Holding AG
  • Exchange sectorConsumer non-durables
  • ISINCH1134540470
  • Share price$35.49 (+0.4% on the day) · 2026-10-13
  • Market capitalisation$11.69B
  • Price to earnings23.8
  • EPS (diluted, trailing year)$1.49
  • Volume (last session)8,624,764

Financials of On

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$3.63B$245.3M$607.5M
2024$2.63B$275.1M$358.9M
2023$1.99B$88.6M$272.9M
2022$1.28B$60.4M$137.7M
2021$792.5M-$186.2M-$120.0M
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Detailed financial statements for On

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of On

4 dated milestones of On across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded On is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Angel Round,.
  4. IPO Lists on the stock exchange (IPO).

Web traffic of On

The website of On (on.com) receives about 10.9M visits a month and ranks #3,208 among all websites worldwide, #95 in Sports.

  • Monthly visits
    10.9M

    ▼ 15.4% vs previous month

  • Unique visitors
    5.8M

    per month

  • Global rank
    #3,208

    among all websites

  • Category rank
    #95

    Sports · Sports

Similar websites

Websites whose visitors overlap most with On. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
dickssportinggoods.com
100%
40.1M#581View details
asics.com
90%
17.3M#2,903View details
marathonsports.com
84%
431.6K#60,911View details
runrepeat.com
82%
#8,950View details
hoka.com
hoka.com
82%
#3,494–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for On

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Related news about On

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Complete news archive for On

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Frequently Asked Questions about On

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

On is headquartered in Zurich, Switzerland.

Marc Maurer is the CEO of On, as recorded in our data.

On has 265 employees.

Annual revenue of On is $3.63B as on Dec 31, 2025.

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.

Yes, On is publicly traded on NYSE under the ticker symbol ONON.

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

The website of On receives about 10.9 million visits a month and ranks #3,208 among all websites worldwide.

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