About Canoo
Canoo is a publicly listed company based in Torrance (United States) founded in 2017 by Karl-Thomas Neumann and Ulrich Kranz. Multiple categories of electric vehicles are designed and developed. It operates in the Transportation, Automotive & Logistics and Technology sectors. Its chief executive, as recorded, is Ulrich Kranz. Its focus areas include Consumer, Auto E-Commerce & Content, Subscription and Cars. Its competitors include Autonomy, Tesla and Fisker; 3 of its 3 listed competitors have raised funding.
Company details
Canoo was founded in 2017 and is headquartered in Torrance, United States. Electric vehicles in diverse categories, including lifestyle vehicles, multi-purpose delivery vehicles, pickup trucks, and passenger cars, are designed and developed by the company. Operations center on the electric vehicle sector, with emphasis placed on engineering and production processes to support various mobility needs.
- Annual Revenue$886 K (USD)as on Dec 31, 2023
- Net Profit-$302.02 M (USD)38.07as on Dec 31, 2023
- EBITDA-$253.98 M (USD)48.47as on Dec 31, 2023
- Latest Funding Round$45M (USD), Post-IPO
Oct 2023
- InvestorsYageo Corporation
& 1 more
Funding Insights of Canoo
- Total Rounds 3
- Last Round Post-IPO — $45M
- Investors Count 2
All 3 funding rounds of Canoo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $45M | Post-IPO | – | – | – |
| Aug 2020 | $10M | Post-IPO | – | – | |
| Apr 2020 | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in Canoo
Canoo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Yageo Corporation and Small Business Administration.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of electronics components | 1977 | yageo.com | Taipei, Taiwan | |
Financial assistance and development resources are provided to small businesses. | 1953 | sba.gov |
Investor details for Canoo
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People of Canoo
2 people are tracked at Canoo (2 in leadership).
| Name | Role | Group |
|---|---|---|
Karl-Thomas Neumann | Co-Founder | Leadership |
Ulrich Kranz | Co-Founder & CEO | Leadership |
Complete people profiles for Canoo
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IPO & Listings of Canoo
Canoo is a publicly listed company on the OTC with ticker symbol GOEVQ in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date18 Apr 2019
- Listed onNASDAQ: GOEV
- Listed entityCanoo Inc.
- Exchange sectorConsumer durables
- ISINUS13803R3003
- Share price$0.00 · 2026-10-13
- Market capitalisation$15,935.00
- Volume (last session)558
Financials of Canoo
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2023 | $886,000 | -$302.0M | -$254.0M |
| 2022 | -$487.7M | -$492.9M | |
| 2021 | -$346.8M | -$439.9M | |
| 2020 | $2.5M | -$86.7M | -$192.0M |
Detailed financial statements for Canoo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Canoo
4 dated milestones of Canoo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Canoo is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
- Funding Latest funding round, Post-IPO, of $45.0M.
Competitors of Canoo
Canoo has 3 listed competitors in our database, 3 of them funded. They include Autonomy, Tesla and Fisker.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| autonomy.com | 1996 | Phoenix, United States | $32.75M | 15,156 | Electric car subscriptions are facilitated via an app-based platform. | |
| tesla.com | 2003 | Austin, United States | $407.53M | 125,665 | Electric vehicles and solar energy products are manufactured. | |
| fiskerinc.com | 2007 | Los Angeles, United States | $1.11B | 1,195 | Electric vehicles are manufactured and leased by Fisker Inc. |
Detailed competitors of Canoo
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Web traffic of Canoo
Websites that share an audience with Canoo (canoo.com).
Websites whose visitors overlap most with Canoo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| netbeans.org | 100% | 15.7K | #1,627,912 | View details | |
| jgoodies.com | 99% | #3,041,876 | View details | ||
java.net | java.net | 91% | #107,850 | – | |
| artima.com | 86% | 25.4K | #1,146,961 | View details | |
javaworld.com | javaworld.com | 85% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Canoo
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- 19 similar websites
- Audience overlap
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Related news about Canoo
Complete news archive for Canoo
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Frequently Asked Questions about Canoo
Canoo was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Canoo is headquartered in Torrance, United States. It is registered at Torrance, California, United States.
Ulrich Kranz is the CEO of Canoo, as recorded in our data. They have also founded this company.
Annual revenue of Canoo is $886K as on Dec 31, 2023.
Canoo was founded in 2017 and is headquartered in Torrance, United States. Electric vehicles in diverse categories, including lifestyle vehicles, multi-purpose delivery vehicles, pickup trucks, and passenger cars, are designed and developed by the company. Operations center on the electric vehicle sector, with emphasis placed on engineering and production processes to support various mobility needs.
Yes, Canoo is publicly traded on OTC under the ticker symbol GOEVQ.
Canoo has 2 investors. Key investors include Yageo Corporation, and Small Business Administration.