About Electrada
Electrada is a company based in Cincinnati (United States) founded in 2020.. Electrada has raised $33.9 million across 2 funding rounds. Electrada offers products and services including 360 CaaS and Electric Fuel Cost Calculator. Electrada operates in a competitive market with competitors including Ridepanda, Highland Electric Fleet, Zeus Electric Chassis, Karma Broward and Vene Rides, among others.
- Headquarter Cincinnati, United States
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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 Electrada, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.9 M (USD)
in 2 rounds
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Latest Funding Round
$22 M (USD), Series B
May 15, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Electrada
Electrada offers a comprehensive portfolio of products and services, including 360 CaaS and Electric Fuel Cost Calculator. 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.
End-to-end EV charging solution for fleets with no capital investment.
Tool to estimate EV charging costs based on fleet data.
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Funding Insights of Electrada
Electrada has successfully raised a total of $33.9M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $22 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $22.0M
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First Round
First Round
(20 Jul 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series B - Electrada | Valuation |
investors |
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| Jul, 2021 | Amount | Seed - Electrada | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Electrada
| 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 - Electrada
| 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 |
Electrada Comparisons
Competitors of Electrada
Electrada 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 Ridepanda, Highland Electric Fleet, Zeus Electric Chassis, Karma Broward and Vene Rides, 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 |
Multi-category electric vehicles are retailed online via quiz-based recommendations.
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| domain | founded_year | HQ Location |
Dealership services for automotive electric vehicles are provided.
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| domain | founded_year | HQ Location |
Automotive electric chassis are manufactured for vehicle applications.
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| domain | founded_year | HQ Location |
Manufacturer of automotive electric vehicles
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| domain | founded_year | HQ Location |
Multi-category electric vehicles are retailed online by Vene Rides.
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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 Electrada
Frequently Asked Questions about Electrada
When was Electrada founded?
Electrada was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Electrada located?
Electrada is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of Electrada?
Kevin Kushman is the current CEO of Electrada.
Is Electrada a funded company?
Electrada is a funded company, having raised a total of $33.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $11.9M, raised on Jul 20, 2021.
What does Electrada do?
Electrada was established in 2020 and is headquartered in Cincinnati, United States. Electric vehicles for the automotive industry are produced by the company, with operations centered on vehicle manufacturing. The sector involves development and assembly processes tailored to electric mobility needs. Leadership is held by CEO Kevin Kushman, overseeing activities in this specialized field.
Who are the top competitors of Electrada?
Electrada's top competitors include Highland Electric Fleet, Ridepanda and Zeus Electric Chassis.
What products or services does Electrada offer?
Electrada offers 360 CaaS and Electric Fuel Cost Calculator.
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