About Fleetzero
Fleetzero is a Transportation, Automotive & Logistics company based in Houston (United States) founded in 2021 by Michael Carter and Steven Henderson. It operates as a modular electric cargo ships are built by Fleetzero in Houston. 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. Its chief executive is Steven Henderson. Fleetzero offers products and services including Leviathan ESS. Its focus areas include Aerospace, Maritime and Defense Tech, Maritime Tech, Innovative Marine Vehicles and Electric. Its legal entity is FLEETZERO INC. Its competitors include A123 Systems, Powin Energy, Pure Watercraft, Cadenza Innovation and Arc Boats and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Houston, United States
- Employees 14
- Founders Michael Carter, Steven Henderson
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website fleetzero.com
- Social LinkedIn
- Legal Name Fleetzero Inc.
- Total Equity Funding$59.46M (USD)
in 2 rounds
- Latest Funding Round$43M (USD), Series A
Jan 2026
- InvestorsMcKinley Capital
& 8 more
- Employee Count14
Products & Services of Fleetzero
Fleetzero offers a comprehensive portfolio of products and services, including Leviathan ESS.
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.
- Total Funding $59.46M
- Total Rounds 2
- Last Round Series A — $43M
- First Round $16.46M
(Jun 2022)
- Investors Count 9
All 2 funding rounds of Fleetzero with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2026 | $43M | Series A | – | Obvious Ventures | |
| Jun 2022 | $16.46M | Seed | – | Breakthrough Energy |
9 investors in total: 9 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Climate solutions are advanced via venture capital and startup acceleration. | – | breakthroughenergy.org | Kirkland, United States | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Venture capital is invested in climate tech startups and entrepreneurs. | – | climatecapital.co | San Francisco, United States | |
- | – | obvious.com | - | |
- | – | 8090industries.com | - | |
- | – | shorewindcapital.com | - | |
Diversified investment management services are offered to clients. | 1990 | mckinleycapital.com | Chicago, United States | |
- | – | maersk.com | - | |
- | – | bensoncp.com | - |
Investor details for Fleetzero
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of Fleetzero
2 people are tracked at Fleetzero (2 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
Michael Carter | Co-Founder | Leadership |
Steven Henderson | Co-Founder & CEO | Leadership |
Complete people profiles for Fleetzero
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Fleetzero
3 dated milestones of Fleetzero across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Fleetzero is founded.
- Funding First funding round of $16.5M.
- Funding Latest funding round, Series A, of $43.0M.
Competitors of Fleetzero
Fleetzero has 9 listed competitors in our database, 9 of them funded. They include A123 Systems, Powin Energy, Pure Watercraft, Cadenza Innovation and Arc Boats, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| a123systems.com | 2001 | Hangzhou, China | $201.26M | 886 | Lithium-ion batteries for automotive and industrial uses are manufactured. | |
| powinenergy.com | 2010 | Tualatin, United States | $260M | 100 | Energy storage systems are provided for grid-level and behind-the-meter applications. | |
| purewatercraft.com | 2011 | Seattle, United States | $67.66M | 52 | Electric boats and outboard motors are designed and manufactured. | |
| cadenzainnovation.com | 2016 | Oxford, United States | $20.27M | 28 | Lithium-ion battery systems for energy storage are developed. | |
| arcboats.com | 2021 | Los Angeles, United States | $100M | 55 | Electric ships are designed and manufactured using marine-grade aluminium. | |
| saildrone.com | 2012 | Alameda, United States | $234M | – | Developer of autonomous unmanned surface vehicle | |
| korepower.com | 2018 | Idaho Falls, United States | $75.1M | 132,692 | Lithium-based energy storage systems are manufactured for utilities. | |
| polarium.com | 2015 | Stockholm, Sweden | $273.56M | – | Energy storage systems and batteries are developed for diverse applications. | |
| eguanatech.com | 1999 | Calgary, Canada | $500,000 | 49 | Energy storage systems are provided for residential and commercial sectors. |
Detailed competitors of Fleetzero
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Fleetzero
The website of Fleetzero (fleetzero.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 17.5% vs previous month
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Fleetzero (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Related news about Fleetzero
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. The company's 1st funding round was a Seed of $16.46M, raised on Jun 2022.
Fleetzero has 14 employees.
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.
Fleetzero operates through Fleetzero Inc..