About Cenntro
Cenntro is a company based in Sparks (United States) founded in 2013.. The company has 260 employees as of December 31, 2024. Cenntro has completed 1 acquisition, including Brand Motors. Cenntro offers products and services including Logistar Series, AVANTIER, Metro, and TeeMak. Cenntro operates in a competitive market with competitors including BILITI Electric, Yuba Bicycles, T3 Motion, Benno Bikes and Coaster Cycles, among others.
- Headquarter Sparks, United States
- Employees 260 as on 31 Dec, 2024
- Stage Public
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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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- Legal Name Cenntro Inc.
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Annual Revenue
$31.3 M200.2as on Dec 31, 2024
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Net Profit
$-44.87 M17.22as on Dec 31, 2024
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EBITDA
$-24.98 M32.62as on Dec 31, 2024
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Latest Funding Round
$27.4 K (USD), Post-IPO
Mar 05, 2024
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Investors
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Employee Count
260
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Cenntro
Cenntro is a publicly listed company on the NASDAQ with ticker symbol CENN 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.
Products & Services of Cenntro
Cenntro offers a comprehensive portfolio of products and services, including Logistar Series, AVANTIER, Metro, and TeeMak. 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.
Commercial EVs designed for city mobility and delivery tasks
Electric vehicle model for urban utility and transport needs
Compact EV for last-mile delivery operations
Utility vehicle for commercial mobility solutions
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Funding Insights of Cenntro
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $27,400
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First Round
First Round
(03 Aug 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Post-IPO - Cenntro | Valuation |
investors |
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| Dec, 2023 | Amount | Post-IPO - Cenntro | Valuation |
investors |
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| Aug, 2022 | Amount | Post-IPO - Cenntro | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Cenntro
Cenntro has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Brand Motors. 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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Blogs on automotive topics are published and maintained regularly.
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2015 |
| 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 - Cenntro
| 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 |
Cenntro Comparisons
Competitors of Cenntro
Cenntro 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 BILITI Electric, Yuba Bicycles, T3 Motion, Benno Bikes and Coaster Cycles, 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 |
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| domain | founded_year | HQ Location |
Creates innovative technologies for electric utility vehicles to enhance efficiency and sustainability.
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| domain | founded_year | HQ Location |
Manufactures adaptable cargo bikes for families and businesses in urban environments.
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| domain | founded_year | HQ Location |
Electric personal vehicles for law enforcement and security are provided.
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| domain | founded_year | HQ Location |
Manufactures e-bikes with cargo capacity for daily commuting and adventure.
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| domain | founded_year | HQ Location |
Pedal-powered vehicles are manufactured by Coaster Cycles.
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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 Cenntro
Frequently Asked Questions about Cenntro
When was Cenntro founded?
Cenntro was founded in 2013 and raised its 1st funding round 9 years after it was founded.
Where is Cenntro located?
Cenntro is headquartered in Sparks, United States. It is registered at Sparks, Nevada, United States.
How many employees does Cenntro have?
As of Dec 31, 2024, the latest employee count at Cenntro is 260.
What is the annual revenue of Cenntro?
Annual revenue of Cenntro is $31.3M as on Dec 31, 2024.
What does Cenntro do?
SaaS and AI-based developer of electric-utility vehicle and commercialization management solutions. The company develops various electric-utility vehicles like Metro, Metro II, and Neibor with features like Lead-acid batteries and lithium-ion batteries, 24 kW battery range, 6 kW motor range, and more. Also, it offers a cloud and AI-enabled platform that offers decentralized manufacturing and supply-chain management.
Who are the top competitors of Cenntro?
Cenntro's top competitors include T3 Motion, Coaster Cycles and BILITI Electric.
What products or services does Cenntro offer?
Cenntro offers Logistar Series, AVANTIER, Metro, and TeeMak.
Is Cenntro publicly traded?
Yes, Cenntro is publicly traded on NASDAQ under the ticker symbol CENN.
How many acquisitions has Cenntro made?
Cenntro has made 1 acquisition, including Brand Motors.
What is Cenntro's ticker symbol?
The ticker symbol of Cenntro is CENN on NASDAQ.
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