About Opel
Opel is a company based in Russelsheim (Germany) founded in 1862 was acquired by PSA Group in March 2017.. Opel offers products and services including Vehicles and OnStar Services. Opel operates in a competitive market with competitors including Ford, Grohmann, HMETC, Binz and Leo Motors, among others.
- Headquarter Russelsheim, Germany
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Opel Automobile Gmbh
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Products & Services of Opel
Opel offers a comprehensive portfolio of products and services, including Vehicles and OnStar Services. 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.
Produces passenger cars and commercial vehicles for global markets
Offers subscription-based telematics for vehicle connectivity
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Software Development Team
32 people
Sales and Marketing
21 people
Creative and Marketing Team
19 people
Human Resources and Administration
7 people
Manager Team
5 people
Product Management Team
4 people
Group Team
4 people
Leadership Team
4 people
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Funding Insights of Opel
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $594,013
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First Round
First Round
(01 Oct 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2017 | Amount | Grant - Opel | Valuation |
investors |
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| Feb, 2017 | Amount | Grant - Opel | Valuation |
investors |
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| Oct, 2016 | Amount | Grant - Opel | 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 Opel
Opel has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include PSA Group, European Union and BAFA. 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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Business and energy news is delivered via an online platform.
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Automotive vehicles are manufactured and mobility solutions provided worldwide.
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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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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 Opel
| 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 - Opel
| 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 |
investors |
Opel Comparisons
Competitors of Opel
Opel 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 Ford, Grohmann, HMETC, Binz and Leo Motors, 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 |
Automobiles and commercial vehicles are manufactured by Ford.
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Vehicle automated systems are developed and branded by Grohmann.
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Develops sustainable mobility solutions through automotive research and innovation.
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Hearses, limousines, ambulances, and specialty vehicles are manufactured.
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Provides cartridge batteries designed for electric vehicles.
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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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| 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 Opel
Frequently Asked Questions about Opel
When was Opel founded?
Opel was founded in 1862 and raised its 1st funding round 154 years after it was founded.
Where is Opel located?
Opel is headquartered in Russelsheim, Germany. It is registered at Russelsheim, Hessen, Germany.
Who is the current CEO of Opel?
Michael Lohscheller is the current CEO of Opel.
What does Opel do?
Founded in 1862 in Russelsheim, Germany, Opel operates within the automotive sector. Cars, vans, and commercial vehicles are produced by the company, with operations spanning design, manufacturing, and distribution primarily in Europe. Headquarters are maintained in Germany, and global markets are served through established networks. Leadership is held by CEO Michael Lohscheller, overseeing strategic and operational functions.
What products or services does Opel offer?
Opel offers Vehicles and OnStar Services.
Who are Opel's investors?
Opel has 3 investors. Key investors include PSA Group, European Union, and BAFA.