About Torpedo Gruppe
Torpedo Gruppe is a company based in Kaiserslautern (Germany) founded in 1928 was acquired by Hedin Group in May 2023.. Torpedo Gruppe operates in a competitive market with competitors including carwow, German-Car and DRIVTO, among others.
- Headquarter Kaiserslautern, Germany
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Sectors
Transportation, Automotive & Logistics
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Email
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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
Hedin Group
(May 30, 2023)
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Funding Insights of Torpedo Gruppe
| 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 |
Investors in Torpedo Gruppe
Torpedo Gruppe has secured backing from 1 investor. Prominent investors backing the company include Hedin Group. 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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Hedin Group is engaged in automotive and construction industries.
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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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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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Investments & Acquisitions by Torpedo Gruppe
| 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 - Torpedo Gruppe
| 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 |
Torpedo Gruppe Comparisons
Competitors of Torpedo Gruppe
Torpedo Gruppe 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 carwow, German-Car and DRIVTO, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for car comparison, buying, and selling services.
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| domain | founded_year | HQ Location |
Platform for buying and selling Mercedes-Benz Porsche youngtimers and classic cars.
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| domain | founded_year | HQ Location |
App for managing exotic sports cars and booking exclusive community events.
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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 Torpedo Gruppe
Frequently Asked Questions about Torpedo Gruppe
When was Torpedo Gruppe founded?
Torpedo Gruppe was founded in 1928.
Where is Torpedo Gruppe located?
Torpedo Gruppe is headquartered in Kaiserslautern, Germany. It is registered at Kaiserslautern, Rheinland-pfalz, Germany.
What does Torpedo Gruppe do?
Torpedo Gruppe was founded in 1928 in Kaiserslautern, Germany, and operates as an internet-first provider in the automotive sector. Services focused on car dealership activities, including buying and renting options, are delivered through digital platforms. The company is managed by Tobias Eisele as Managing Director, with operations centered in Germany to support vehicle acquisition needs.
Who are the top competitors of Torpedo Gruppe?
Torpedo Gruppe's top competitors include carwow, German-Car and DRIVTO.
Who are Torpedo Gruppe's investors?
Torpedo Gruppe has 1 investor. Key investors include Hedin Group.