About Electric Last Mile Solutions
Electric Last Mile Solutions is a company based in Auburn Hills (United States) founded in 2020 by James Taylor was acquired by Mullen Technologies in October 2022.. Electric Last Mile Solutions offers products and services including Mullen ONE and Mullen THREE. Electric Last Mile Solutions operates in a competitive market with competitors including PlusAI, TuSimple, Arrival, Lightning eMotors and Gatik, among others.
- Headquarter Auburn Hills, United States
- Founders James Taylor
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mullen Automotive, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$990 K (USD), Post-IPO
Dec 22, 2020
- Investors
-
Employee Count
Employee Count
-
Acquired by
Mullen Technologies
(Oct 19, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Electric Last Mile Solutions
Electric Last Mile Solutions offers a comprehensive portfolio of products and services, including Mullen ONE and Mullen THREE. 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.
All-electric Class 1 cargo van for commercial delivery needs.
All-electric Class 3 vehicle for urban business operations.
Unlock access to complete
Funding Insights of Electric Last Mile Solutions
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $990,000
-
First Round
First Round
(10 Dec 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Post-IPO - Electric Last Mile Solutions | Valuation |
investors |
|
| Dec, 2020 | Amount | Post-IPO - Electric Last Mile Solutions | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Electric Last Mile Solutions
Electric Last Mile Solutions has secured backing from 1 investor. Prominent investors backing the company include Mullen Technologies. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Electric vehicles are manufactured with AI integration by Mullen Technologies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Electric Last Mile Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Electric Last Mile Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Electric Last Mile Solutions Comparisons
Competitors of Electric Last Mile Solutions
Electric Last Mile Solutions 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 PlusAI, TuSimple, Arrival, Lightning eMotors and Gatik, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Self-driving technology for commercial trucks is developed by PlusAI.
|
|
| domain | founded_year | HQ Location |
Self-driving truck solutions are developed using AI technology.
|
|
| domain | founded_year | HQ Location |
Multi-category commercial electric vehicles, including buses and vans, are manufactured.
|
|
| domain | founded_year | HQ Location |
SaaS management solutions for EV charging operators are provided.
|
|
| domain | founded_year | HQ Location |
AI-enabled platform offering self-driving delivery trucks and delivery management system
|
|
| domain | founded_year | HQ Location |
Autonomous electric trucks are manufactured for freight and emissions management.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Electric Last Mile Solutions
Frequently Asked Questions about Electric Last Mile Solutions
When was Electric Last Mile Solutions founded?
Electric Last Mile Solutions was founded in 2020.
Where is Electric Last Mile Solutions located?
Electric Last Mile Solutions is headquartered in Auburn Hills, United States. It is registered at Auburn Hills, Michigan, United States.
Who is the current CEO of Electric Last Mile Solutions?
James Taylor is the current CEO of Electric Last Mile Solutions. They have also founded this company.
What does Electric Last Mile Solutions do?
Electric Last Mile Solutions was founded in 2020 and is headquartered in Auburn Hills, United States. Electric cargo-vans are developed by the company for last-mile delivery, featuring a payload capacity of 2,403 lbs, a range of 150 to 200 miles, and optimized charging times. Data-driven telematics and fleet management solutions are also provided to support operations in the electric vehicle sector.
Who are the top competitors of Electric Last Mile Solutions?
What products or services does Electric Last Mile Solutions offer?
Electric Last Mile Solutions offers Mullen ONE and Mullen THREE.
Who are Electric Last Mile Solutions's investors?
Electric Last Mile Solutions has 1 investor. Key investors include Mullen Technologies.