About Exro
Exro is a company based in Vancouver (Canada) founded in 2006. Exro has raised $312.85 thousand across 9 funding rounds. The company has 160 employees as of December 31, 2024. Exro has completed 1 acquisition, including SEA Electric. Exro offers products and services including Coil Driver™, Cell Driver™, and SEA-Drive®. Exro operates in a competitive market with competitors including Fluence, Alsym Energy, EV Realty, Connected Energy and Redback Technologies, among others.
- Headquarter Vancouver, Canada
- Employees 160 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Phone
Locked
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Website
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Social
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- Legal Name Exro Technologies, Inc.
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Annual Revenue
$16.03 M (USD)0as on Dec 31, 2024
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Net Profit
-$200.81 M (USD)-470.75as on Dec 31, 2024
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EBITDA
-$42.95 M (USD)-51.08as on Dec 31, 2024
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Total Equity Funding
$312.85 K (USD)
in 9 rounds
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Latest Funding Round
$623.16 K (USD), Post-IPO
Dec 31, 2024
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Investors
Not available
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Employee Count
160
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Exro
Exro is a publicly listed company on the TSX with ticker symbol EXRO in Canada, operating in the Producer manufacturing 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 Exro
Exro offers a comprehensive portfolio of products and services, including Coil Driver™, Cell Driver™, and SEA-Drive®.
Adaptive inverter for dynamic EV motor performance.
Manages battery cells for safety and efficiency.
Complete electrification solution for commercial vehicles.
People of Exro
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Funding Insights of Exro
Exro has successfully raised a total of $312.85K across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $623.16 thousand completed in December 2024. 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.
Investments & Acquisitions by Exro
Exro has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SEA Electric.
Investment portfolio details for Exro
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electric power systems for commercial vehicles are manufactured and developed.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Exro
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Financial Statements - Exro
Detailed financials for Exro
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Exro Comparisons
Peer comparison for Exro
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Competitors of Exro
Exro 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 Fluence, Alsym Energy, EV Realty, Connected Energy and Redback Technologies, among others.
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Energy storage systems are supplied for industrial renewable applications.
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Non-flammable battery solutions are provided for vehicles and storage systems.
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Grid-scale EV charging infrastructure is developed for fleet electrification.
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Battery energy storage systems are supplied to various industries.
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Developer of solar power packs for home
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Detailed competitors of Exro
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Latest news on Exro
Complete news archive for Exro
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Frequently Asked Questions about Exro
Exro was founded in 2006.
Exro is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Exro is a funded company, having raised a total of $312.85K across 9 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Exro is 160.
Annual revenue of Exro is $16.03M as on Dec 31, 2024.
Exro was founded in 2006 in Vancouver, Canada, and operates in the power electronics sector for electric vehicles and energy storage. Traction inverters, e-propulsion systems, and energy storage systems are designed and manufactured using patented technologies to address performance, efficiency, and cost factors. End-to-end electrification engineering services are also provided to vehicle manufacturers, with operations focused on improving electric vehicle and storage technologies.
Exro's top competitors include Fluence, EV Realty and Connected Energy.
Exro offers Coil Driver™, Cell Driver™, and SEA-Drive®.
Yes, Exro is publicly traded on TSX under the ticker symbol EXRO.
Exro has made 1 acquisition, including SEA Electric.
The ticker symbol of Exro is EXRO on TSX.