Mercedes-Benz Group
Investments
58Portfolio Exits
27Partners & Customers
10Service Providers
1About Mercedes-Benz Group
Mercedes-Benz Group 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. The company was formerly known as Daimler and changed it's name to Mercedes-Benz Group February 2022. It was founded in 1926 and is based in Stuttgart, Germany.
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Research containing Mercedes-Benz Group
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Mercedes-Benz Group in 6 CB Insights research briefs, most recently on Feb 1, 2023.
Latest Mercedes-Benz Group News
Sep 28, 2023
Mercedes-Benz Group launched revamped versions of its GLE sport-utility vehicles in Japan on Thursday, saying it aims to target executives and business owners in their 50s with the models.
Mercedes-Benz Group Investments
58 Investments
Mercedes-Benz Group has made 58 investments. Their latest investment was in Platform Science as part of their Series C on February 2, 2022.
Mercedes-Benz Group 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 |
Mercedes-Benz Group Portfolio Exits
27 Portfolio Exits
Mercedes-Benz Group has 27 portfolio exits. Their latest portfolio exit was HeyCar on August 08, 2023.
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 |
|---|---|---|---|---|---|
8/8/2023 | Shareholder Liquidity | 1 | |||
8/2/2023 | Corporate Majority - II | 1 | |||
12/12/2022 | Acquired | 7 | |||
Date | 8/8/2023 | 8/2/2023 | 12/12/2022 | ||
|---|---|---|---|---|---|
Exit | Shareholder Liquidity | Corporate Majority - II | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 1 | 7 |
Mercedes-Benz Group Acquisitions
17 Acquisitions
Mercedes-Benz Group 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 |
Mercedes-Benz Group Partners & Customers
10 Partners and customers
Mercedes-Benz Group has 10 strategic partners and customers. Mercedes-Benz Group recently partnered with NVIDIA on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/20/2023 | Vendor | United States | Mercedes-Benz Group AG is using digital twins for production with help from NVIDIA , a platform for developing Universal Scene Description applications to design , collaborate , plan and operate manufacturing and assembly facilities . | 2 | |
7/26/2023 | Partner | Japan, South Korea, United States, Germany, and Netherlands | 7 Automakers To Form EV Charging Joint Venture With 30,000 Chargers General Motors , BMW Group , Mercedes-Benz , Honda , Hyundai Motor Group , Kia , and Stellantis are forming a joint venture that aims to install at least 30,000 new DC fast charging stations across North America by 2030 . | 2 | |
4/1/2023 | Partner | United States | `` Academy Bus has been a long time operator of Daimler brand coaches , and we are thrilled to continue that decades-long partnership with a number of new motor coach vehicles , '' said Francis Tedesco , CEO of Academy Bus . | 1 | |
3/10/2023 | Partner | ||||
5/13/2022 | Partner |
Date | 9/20/2023 | 7/26/2023 | 4/1/2023 | 3/10/2023 | 5/13/2022 |
|---|---|---|---|---|---|
Type | Vendor | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | Japan, South Korea, United States, Germany, and Netherlands | United States | ||
News Snippet | Mercedes-Benz Group AG is using digital twins for production with help from NVIDIA , a platform for developing Universal Scene Description applications to design , collaborate , plan and operate manufacturing and assembly facilities . | 7 Automakers To Form EV Charging Joint Venture With 30,000 Chargers General Motors , BMW Group , Mercedes-Benz , Honda , Hyundai Motor Group , Kia , and Stellantis are forming a joint venture that aims to install at least 30,000 new DC fast charging stations across North America by 2030 . | `` Academy Bus has been a long time operator of Daimler brand coaches , and we are thrilled to continue that decades-long partnership with a number of new motor coach vehicles , '' said Francis Tedesco , CEO of Academy Bus . | ||
Sources | 2 | 2 | 1 |
Mercedes-Benz Group Service Providers
1 Service Provider
Mercedes-Benz Group 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
Mercedes-Benz Group Team
22 Team Members
Mercedes-Benz Group has 22 team members, including current Chief Financial Officer, Sandra Schlöder.
Name | Work History | Title | Status |
|---|---|---|---|
Sandra Schlöder | Chief Financial Officer | Current | |
Name | Sandra Schlöder | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Financial Officer | ||||
Status | Current |
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