HEVO

Brooklyn, United States Founded: 2011 • Age: 15 yrs
Wireless charging hardware and software for electric vehicles are provided.
Annual revenue $69,827 Latest available
Total funding $585,000 6 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About HEVO

HEVO is a company based in Brooklyn (United States) founded in 2011. HEVO has raised $585 thousand across 6 funding rounds from investors including European Union, Ulu Ventures and INCENSe Accelerator. HEVO offers products and services including Rezonant E8 and Journey App. HEVO operates in a competitive market with competitors including WiTricity, Wiferion, Wireless Advanced Vehicle Electrification, Mojo Mobility and easE-Link, among others.

  • Headquarter Brooklyn, United States
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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  • Legal Name Hevo Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $69.83 K (USD)
    0
    as on Dec 31, 2022
  • Net Profit
    -$3.06 M (USD)
    -30
    as on Dec 31, 2022
  • EBITDA
    Not available
  • Total Equity Funding
    $585 K (USD)

    in 6 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    Sep 24, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of HEVO

HEVO offers a comprehensive portfolio of products and services, including Rezonant E8 and Journey App.

Product name locked
Category locked
Primary

Device for wireless charging of electric vehicles.

Product name locked
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App for managing and optimizing EV charging experiences.

Funding Insights of HEVO

HEVO has successfully raised a total of $585K across 6 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in September 2021. 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 HEVO

HEVO has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Ulu Ventures and INCENSe Accelerator.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed-stage funding is provided to innovative founder teams.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for HEVO

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  • Participation history

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Investments & Acquisitions by HEVO

Investments
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Investment portfolio details for HEVO

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  • Portfolio identities
  • Transaction dates
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Financial Statements - HEVO

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Detailed financials for HEVO

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  • Profit trends
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Hevo Comparisons

HEVO Primary company
Description
Wireless charging hardware and software for electric vehicle...
Location
Brooklyn, United States
Founded Year
2011
Annual Revenue
$69.83 K (USD)
Net Profit
-$3.06 M (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for HEVO

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Competitors of HEVO

HEVO 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 WiTricity, Wiferion, Wireless Advanced Vehicle Electrification, Mojo Mobility and easE-Link, among others.

Company Name Domain Founded year HQ Location Description
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Magnetic resonance-based wireless charging for electric vehicles is developed.
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Wireless charging systems for electric vehicle stations are developed.
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Wireless EV charging station developers
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Near-field technology is employed for wireless mobile device charging.
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Conductive self-charging technology for electric vehicles is developed.
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Wireless charging solutions are delivered via an AI platform.
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Detailed competitors of HEVO

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Latest news on Hevo

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Complete news archive for HEVO

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Frequently Asked Questions about HEVO

HEVO was founded in 2011 and raised its 1st funding round 2 years after it was founded.

HEVO is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.

HEVO is a funded company, having raised a total of $585K across 6 funding rounds to date.

Annual revenue of HEVO is $69.83K as on Dec 31, 2022.

HEVO was founded in 2011 and is based in Brooklyn, United States. Wireless charging solutions for electric vehicles are developed and offered by the company, including hardware such as power pads and vehicle pads. Software-enabled features, cloud-based station management, and a mobile application for users are also provided. Operations focus on automated solutions and digital dashboards within the electric vehicle charging sector.

HEVO's top competitors include Wiferion, Mojo Mobility and WiTricity.

HEVO offers Rezonant E8 and Journey App.

HEVO has 3 investors. Key investors include European Union, Ulu Ventures, and INCENSe Accelerator.

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