Fleetzero

Houston, United States Founded: 2021 • Age: 5 yrs
Modular electric cargo ships are built by Fleetzero in Houston.
Annual revenue - Latest available
Total funding $59.5M 2 rounds
Employees 14 Tracked headcount
Investors 9 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Fleetzero

Fleetzero is a company based in Houston (United States) founded in 2021 by Michael Carter and Steven Henderson. Fleetzero has raised $59.46 million across 2 funding rounds from investors including McKinley Capital, Breakthrough Energy and Y Combinator. The company has 14 employees as of December 31, 2023. Fleetzero offers products and services including Leviathan ESS. Fleetzero operates in a competitive market with competitors including A123 Systems, Powin Energy, Pure Watercraft, Cadenza Innovation and Arc Boats, among others.

  • Headquarter Houston, United States
  • Employees 14 as on 31 Dec, 2023
  • Founders Michael Carter, Steven Henderson
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Fleetzero Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Maritime, Ports & Shipping Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $59.46 M (USD)

    in 2 rounds

  • Latest Funding Round
    $43 M (USD), Series A

    Jan 16, 2026

  • Investors
  • Employee Count
    14

    as on Dec 31, 2023

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Products & Services of Fleetzero

Fleetzero offers a comprehensive portfolio of products and services, including Leviathan ESS.

Product name locked
Category locked
Primary

Battery for hybridizing ships to achieve zero emissions in operations.

Funding Insights of Fleetzero

Fleetzero has successfully raised a total of $59.46M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $43 million completed in January 2026. 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.

Investors in Fleetzero

Fleetzero has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include McKinley Capital, Breakthrough Energy and Y Combinator.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Climate solutions are advanced via venture capital and startup acceleration.
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Early-stage startups are accelerated via funding and educational programs.
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Venture capital is invested in climate tech startups and entrepreneurs.
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Investor details for Fleetzero

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Investments & Acquisitions by Fleetzero

Investments
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Investment portfolio details for Fleetzero

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  • Transaction dates
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Financial Statements - Fleetzero

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Detailed financials for Fleetzero

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Fleetzero Comparisons

Fleetzero Primary company
Description
Modular electric cargo ships are built by Fleetzero in Houst...
Location
Houston, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
14
As of 2023
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Peer comparison for Fleetzero

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Competitors of Fleetzero

Fleetzero 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 A123 Systems, Powin Energy, Pure Watercraft, Cadenza Innovation and Arc Boats, among others.

Company Name Domain Founded year HQ Location Description
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Energy storage systems are provided for grid-level and behind-the-meter applications.
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Electric boats and outboard motors are designed and manufactured.
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Lithium-ion battery systems for energy storage are developed.
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Electric ships are designed and manufactured using marine-grade aluminium.
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Developer of autonomous unmanned surface vehicle
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Detailed competitors of Fleetzero

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Latest news on Fleetzero

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Complete news archive for Fleetzero

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Frequently Asked Questions about Fleetzero

Fleetzero was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Fleetzero is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Steven Henderson is the current CEO of Fleetzero. They have also founded this company.

Fleetzero is a funded company, having raised a total of $59.46M across 2 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Fleetzero is 14.

Builder of modular electric cargo ships. This company utilizes modular propulsion systems and hull replication to reduce construction and operational costs compared to traditional shipbuilding methods. The modular design allows for efficient construction and increased shipyard output. Electric propulsion is central to the companys approach, enabling the creation of more affordable and environmentally friendly vessels.

Fleetzero's top competitors include A123 Systems, Powin Energy and Pure Watercraft.

Fleetzero offers Leviathan ESS.

Fleetzero has 9 investors. Key investors include McKinley Capital, Breakthrough Energy, Y Combinator, Climate Capital, and Obvious Ventures.

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