About Tacx
Tacx is a company based in Wassenaar (Netherlands) founded in 1957 was acquired by Garmin International in February 2019.. Tacx operates in a competitive market with competitors including Zwift, JOIN, BlazePod, Rouvy and Kinomap, among others.
- Headquarter Wassenaar, Netherlands
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Sectors
HealthcareMedia & Entertainment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Garmin International
(Feb 12, 2019)
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Funding Insights of Tacx
| 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 Tacx
Tacx has secured backing from 1 investor. Prominent investors backing the company include Garmin International. 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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Smart fitness trackers and watches are developed for performance monitoring.
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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 Tacx
| 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 - Tacx
| 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 |
Tacx Comparisons
Competitors of Tacx
Tacx 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 Zwift, JOIN, BlazePod, Rouvy and Kinomap, 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 |
Gamified indoor cycling training is delivered via an app-based platform.
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| domain | founded_year | HQ Location |
JOIN is recognized as an AI-driven cycling training application.
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| domain | founded_year | HQ Location |
Flash reflex training systems are manufactured by BlazePod.
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| domain | founded_year | HQ Location |
Indoor cycling simulations are offered via web-based application for training.
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| domain | founded_year | HQ Location |
Interactive videos are delivered for indoor exercise simulations via app.
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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 Tacx
Frequently Asked Questions about Tacx
When was Tacx founded?
Tacx was founded in 1957.
Where is Tacx located?
Tacx is headquartered in Wassenaar, Netherlands. It is registered at Wassenaar, South Holland, Netherlands.
What does Tacx do?
Tacx was founded in 1957 in Wassenaar, Netherlands, and operates in the cycling equipment and software sector. Interactive bike trainers, along with apps, heart rate monitoring belts, and speedcadence sensors, are produced by the company. These trainers connect wirelessly via ANT or Bluetooth Smart to users devices for data transfer. Virtual 3D rides and online competitions are enabled through the accompanying software.
Who are Tacx's investors?
Tacx has 1 investor. Key investors include Garmin International.
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