Investments
58Portfolio Exits
19Partners & Customers
10Service Providers
1About Daimler
Daimler is an automotive company that produces and manufactures commercial and consumer vehicles. The company's division, Daimler Financial Services, provides financing, leasing, fleet management, insurance, financial investments, credit cards, and mobility services.
Daimler Headquarter Location
Mercedesstr. 137
Stuttgart, 70327,
Germany
+49 711 17 0
Daimler Web Traffic
Daimler Rank
Research containing Daimler
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Daimler in 9 CB Insights research briefs, most recently on Apr 11, 2022.
Latest Daimler News
May 24, 2022
tomeng/iStock Unreleased via Getty Images Deutsche Bank stays constructive on Mercedes-Benz Group AG ( OTCPK:DDAIF ) after attending an investor event last week. Analyst Tim Rokossa said the focus was on the German automaker's brand positioning and luxury strategy. The company said it aimed to further lift its entire portfolio. There was also an emphasis its focus on margins with increased targets and pricing, with the path to sustainably higher profitability outlined by management. "Having been to many of these events over the years, we were deeply impressed by the material provided and the surroundings. Mercedes really made an effort to help us quantify its luxury” approach. While it could have achieved this with just some soft words, we instead learned about its intended portfolio mix and growth as well as the products." Deutsche Bank has a Buy rating on Mercedes-Benz.
Daimler Investments
58 Investments
Daimler has made 58 investments. Their latest investment was in Platform Science as part of their Series C on February 2, 2022.
Daimler Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/3/2022 | Series C | Platform Science | $115M | No | 11 | |
3/19/2021 | Series C | Momenta | $500M | No | 33 | |
3/3/2021 | Series D | Volocopter | $241.14M | No | 18 | |
10/30/2020 | Corporate Minority | |||||
7/3/2020 | Unattributed VC |
Date | 2/3/2022 | 3/19/2021 | 3/3/2021 | 10/30/2020 | 7/3/2020 |
|---|---|---|---|---|---|
Round | Series C | Series C | Series D | Corporate Minority | Unattributed VC |
Company | Platform Science | Momenta | Volocopter | ||
Amount | $115M | $500M | $241.14M | ||
New? | No | No | No | ||
Co-Investors | |||||
Sources | 11 | 33 | 18 |
Daimler Portfolio Exits
19 Portfolio Exits
Daimler has 19 portfolio exits. Their latest portfolio exit was SoundHound on April 28, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
4/28/2022 | Reverse Merger | 8 | |||
7/8/2021 | Acquired | 1 | |||
6/15/2021 | Reverse Merger | 8 | |||
Date | 4/28/2022 | 7/8/2021 | 6/15/2021 | ||
|---|---|---|---|---|---|
Exit | Reverse Merger | Acquired | Reverse Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 8 | 1 | 8 |
Daimler Acquisitions
17 Acquisitions
Daimler acquired 17 companies. Their latest acquisition was TORC Robotics on March 29, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
3/29/2019 | Grant | $0.79M | Corporate Majority | 2 | ||
3/1/2018 | Other | Acquired | 3 | |||
12/21/2017 | Private Equity | $5.7M | Corporate Majority | 3 | ||
11/8/2017 | ||||||
11/3/2017 | Other |
Date | 3/29/2019 | 3/1/2018 | 12/21/2017 | 11/8/2017 | 11/3/2017 |
|---|---|---|---|---|---|
Investment Stage | Grant | Other | Private Equity | Other | |
Companies | |||||
Valuation | |||||
Total Funding | $0.79M | $5.7M | |||
Note | Corporate Majority | Acquired | Corporate Majority | ||
Sources | 2 | 3 | 3 |
Daimler Partners & Customers
10 Partners and customers
Daimler has 10 strategic partners and customers. Daimler recently partnered with Cummins on May 5, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
5/11/2022 | Vendor | United States | `` Cummins Inc. and Daimler Truck have a strong history of partnership , and this next step into fuel cell electric vehicles is an exciting development for zero-emissions transport , '' said Amy Davis , Vice President and President of New Power at Cummins Inc. . | 3 | |
2/22/2022 | Partner | Canada | Finally , Daimler formed an alliance with Ballard that has yielded some impressive prototypes , including a fully drivable fuel cell powered A-class Mercedes-Benz compact car , known as Necar 4 . | 1 | |
1/27/2022 | Partner | Taiwan | Taiwan battery maker ProLogium signs investment deal with Mercedes-Benz Other Mercedes-Benz battery partners include Factorial Energy , Automotive Cells Co and Farasis Energy . | 7 | |
12/24/2021 | Partner | ||||
11/30/2021 | Partner |
Date | 5/11/2022 | 2/22/2022 | 1/27/2022 | 12/24/2021 | 11/30/2021 |
|---|---|---|---|---|---|
Type | Vendor | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | Canada | Taiwan | ||
News Snippet | `` Cummins Inc. and Daimler Truck have a strong history of partnership , and this next step into fuel cell electric vehicles is an exciting development for zero-emissions transport , '' said Amy Davis , Vice President and President of New Power at Cummins Inc. . | Finally , Daimler formed an alliance with Ballard that has yielded some impressive prototypes , including a fully drivable fuel cell powered A-class Mercedes-Benz compact car , known as Necar 4 . | Taiwan battery maker ProLogium signs investment deal with Mercedes-Benz Other Mercedes-Benz battery partners include Factorial Energy , Automotive Cells Co and Farasis Energy . | ||
Sources | 3 | 1 | 7 |
Daimler Service Providers
1 Service Provider
Daimler has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Corporate Majority | Investment Bank | Financial Advisor |
Service Provider | |
|---|---|
Associated Rounds | Corporate Majority |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
Daimler Team
21 Team Members
Daimler has 21 team members, including current Chief Financial Officer, Sandra Schlöder.
Name | Work History | Title | Status |
|---|---|---|---|
Sandra Schlöder | Chief Financial Officer | Current | |
Gerrit Marx | Wittur, Apex Tool Group, Bain Capital, Volkswagen Group, and McKinsey & Company | Chief Executive Officer, President | Former |
Brian Reed | Chief Executive Officer | Former | |
Nicholas Cole | President | Former | |
Georg Bauer | Tesla, BMW Group, Mercedes-Benz, and Citibank | Chief Financial Officer | Former |
Name | Sandra Schlöder | Gerrit Marx | Brian Reed | Nicholas Cole | Georg Bauer |
|---|---|---|---|---|---|
Work History | Wittur, Apex Tool Group, Bain Capital, Volkswagen Group, and McKinsey & Company | Tesla, BMW Group, Mercedes-Benz, and Citibank | |||
Title | Chief Financial Officer | Chief Executive Officer, President | Chief Executive Officer | President | Chief Financial Officer |
Status | Current | Former | Former | Former | Former |
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