About evTS
evTS is a company based in Brookline (United States) founded in 2015 by David Solomont.. evTS has raised $5.15 million across 2 funding rounds. evTS offers products and services including FireFly ESV and evTS Connect. evTS operates in a competitive market with competitors including Ayro, Addax Motors, Waev, Phoenix Motorcars and ANTRIC, among others.
- Headquarter Brookline, United States
- Founders David Solomont
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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 Ev Transportation Services, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.15 M (USD)
in 2 rounds
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Latest Funding Round
$2.42 M (USD), Seed
Jun 03, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of evTS
evTS offers a comprehensive portfolio of products and services, including FireFly ESV and evTS Connect. 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.
Versatile vehicle for security patrols and urban delivery services.
Platform for monitoring and managing electric vehicle operations.
Funding Insights of evTS
evTS has successfully raised a total of $5.15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.42 million completed in June 2020. 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 Seed — $2.4M
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First Round
First Round
(08 Jun 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - evTS | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - evTS | 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 evTS
| 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 - evTS
| 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 |
Evts Comparisons
Competitors of evTS
evTS 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 Ayro, Addax Motors, Waev, Phoenix Motorcars and ANTRIC, 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 |
Electric utility vehicles are manufactured for various sectors by Ayro.
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| domain | founded_year | HQ Location |
Electric utility vehicles are developed for urban and industrial applications.
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| domain | founded_year | HQ Location |
Blockchain platform for secure data storage and sharing is offered.
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| domain | founded_year | HQ Location |
Light and medium-duty electric vehicles are developed for commercial fleets.
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| domain | founded_year | HQ Location |
Electric cargo utility vehicles are manufactured for delivery applications.
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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 Evts
Frequently Asked Questions about evTS
When was evTS founded?
evTS was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is evTS located?
evTS is headquartered in Brookline, United States. It is registered at Brookline, Massachusetts, United States.
Who is the current CEO of evTS?
David Solomont is the current CEO of evTS. They have also founded this company.
Is evTS a funded company?
evTS is a funded company, having raised a total of $5.15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.73M, raised on Jun 08, 2017.
What does evTS do?
evTS was founded in 2015 in Brookline, United States, within the electric vehicle and fleet management sector. Commercial utility vehicles, such as the Firefly model equipped with DuraSteer front suspension, anti-dive control, and lockable storage including ladder racks, are produced. A cloud-based platform for fleet tracking and management is also offered, supporting operations in port services, package delivery, and gated communities.
Who are the top competitors of evTS?
evTS's top competitors include Ayro, MOKE International and Addax Motors.
What products or services does evTS offer?
evTS offers FireFly ESV and evTS Connect.
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