About Touring Club Schweiz
Touring Club Schweiz is a company based in Vernier (Switzerland) founded in 1896. It operates as a Subscription Services, and Professional Services. Touring Club Schweiz has completed 2 acquisitions, including ASV Ambulances and velocorner. Touring Club Schweiz offers products and services including Pannenhilfe, Reiseschutz ETI, and Fahrzeug-Versicherungen.
- Headquarter Vernier, Switzerland
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Sectors
Business Services
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Phone
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Website
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Social
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- Legal Name Touring Club Schweiz
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$170.88 K (USD), Grant
Jun 01, 2019
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
ASV Ambulances
& 1 more
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Products & Services of Touring Club Schweiz
Touring Club Schweiz offers a comprehensive portfolio of products and services, including Pannenhilfe, Reiseschutz ETI, and Fahrzeug-Versicherungen. 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.
Roadside assistance is provided for vehicles in Switzerland.
Travel protection is offered for international and domestic trips.
Vehicle insurance is provided for cars and motorcycles.
Funding Insights of Touring Club Schweiz
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $170,884
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First Round
First Round
(01 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Grant - Touring Club Schweiz | 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 Touring Club Schweiz
Touring Club Schweiz has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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 |
| 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 Touring Club Schweiz
Touring Club Schweiz has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ASV Ambulances and velocorner. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bike repair services are provided in Murten, Switzerland.
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2019 | ||||
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Ambulance services are provided to patients in need of transport.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Touring Club Schweiz
| 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 |
Touring Club Schweiz Comparisons
Competitors of Touring Club Schweiz
| 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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Frequently Asked Questions about Touring Club Schweiz
When was Touring Club Schweiz founded?
Touring Club Schweiz was founded in 1896 and raised its 1st funding round 123 years after it was founded.
Where is Touring Club Schweiz located?
Touring Club Schweiz is headquartered in Vernier, Switzerland. It is registered at Vernier, Geneve, Switzerland.
Who is the current CEO of Touring Club Schweiz?
Jurg Wittwer is the current CEO of Touring Club Schweiz.
What does Touring Club Schweiz do?
Touring Club Schweiz, a non-profit organization, is dedicated to ensuring safe, sustainable, and self-determined mobility across Switzerland. Services are provided in sectors such as roadside assistance for vehicles, bicycles, and e-bikes, travel protection, and vehicle insurance. Solutions are offered for private individuals and businesses, including legal advice, accident protection, and training courses. Advocacy for traffic safety and environmental mobility is also emphasized, alongside support for various transport modes like cars, bikes, and public transport.
What products or services does Touring Club Schweiz offer?
Touring Club Schweiz offers Pannenhilfe, Reiseschutz ETI, and Fahrzeug-Versicherungen.
How many acquisitions has Touring Club Schweiz made?
Touring Club Schweiz has made 2 acquisitions, including ASV Ambulances, and velocorner.
Who are Touring Club Schweiz's investors?
Touring Club Schweiz has 1 investor. Key investors include European Union.
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