Highland Electric Fleet

Ipswich, United States Founded: 2018 • Age: 8 yrs
Dealership services for automotive electric vehicles are provided.
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About Highland Electric Fleet

Highland Electric Fleet is a company based in Ipswich (United States) founded in 2018.. Highland Electric Fleet has raised $403 million across 2 funding rounds from investors including Vision Ridge Partners, Fontinalis Partners and Aiga Capital Partners. Highland Electric Fleet offers products and services including FleetBuilder and Electric Bus Talk. Highland Electric Fleet operates in a competitive market with competitors including Ridepanda, Electrada, Zeus Electric Chassis, CCE Golf Cars and Vene Rides, among others.

  • Headquarter Ipswich, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $403 M (USD)

    in 2 rounds

  • Latest Funding Round
    $150 M (USD), Series D

    Dec 10, 2025

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Highland Electric Fleet

Highland Electric Fleet offers a comprehensive portfolio of products and services, including FleetBuilder and Electric Bus Talk. 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.

Primary

Tool for planning and managing electric school bus fleets efficiently.

Videos providing insights on electric bus electrification benefits.

People of Highland Electric Fleet
Headcount 50-200
Employee Profiles 44
Employee Profiles
People
Alec Steffenberg
Customer Success Manager
People
Amy McGuire
Senior Director, Market Development
People
Leah Brams
Market Development Manager
People
Joshua Williams
Senior Midwestern Regional Manager, Market Development

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Funding Insights of Highland Electric Fleet

Highland Electric Fleet has successfully raised a total of $403M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $150 million completed in December 2025. 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 Rounds 2
  • Last Round Series D — $150.0M
  • First Round

    (16 Feb 2021)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2025 Amount Series D - Highland Electric Fleet Valuation

investors

Feb, 2021 Amount Private Equity Round - Highland Electric Fleet Valuation Vision Ridge Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Highland Electric Fleet

Highland Electric Fleet has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Vision Ridge Partners, Fontinalis Partners and Aiga Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Sector-agnostic venture capital firm funding companies in the US
Founded Year Domain Location
Tech focused Stage-Agnostic VC Firm investing in the US
Founded Year Domain Location
Capital is deployed for sustainable energy assets by Aiga.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Highland Electric Fleet

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Highland Electric Fleet

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Highland Electric Fleet Comparisons

Employees
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Competitors of Highland Electric Fleet

Highland Electric Fleet 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 Ridepanda, Electrada, Zeus Electric Chassis, CCE Golf Cars and Vene Rides, 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
domain founded_year HQ Location
Multi-category electric vehicles are retailed online via quiz-based recommendations.
domain founded_year HQ Location
Automotive electric vehicles are manufactured by Electrada.
domain founded_year HQ Location
Automotive electric chassis are manufactured for vehicle applications.
domain founded_year HQ Location
Electric Club Car and GEM/Polaris vehicles are distributed.
domain founded_year HQ Location
Multi-category electric vehicles are retailed online by Vene Rides.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Highland Electric Fleet

When was Highland Electric Fleet founded?

Highland Electric Fleet was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Highland Electric Fleet located?

Highland Electric Fleet is headquartered in Ipswich, United States. It is registered at Ipswich, Massachusetts, United States.

Who is the current CEO of Highland Electric Fleet?

Duncan McIntyre is the current CEO of Highland Electric Fleet.

Is Highland Electric Fleet a funded company?

Highland Electric Fleet is a funded company, having raised a total of $403M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $253M, raised on Feb 16, 2021.

What does Highland Electric Fleet do?

Highland Electric Fleet was founded in 2018 and is based in Ipswich, United States. Operations focus on the automotive sector, where dealership services for electric vehicles are offered. These services support vehicle sales, maintenance, and related infrastructure for fleet operators and individual buyers. The company operates within the growing electric mobility market, serving clients across the United States with a emphasis on sustainable transportation solutions.

Who are the top competitors of Highland Electric Fleet?

Highland Electric Fleet's top competitors include Ridepanda, Electrada and Zeus Electric Chassis.

What products or services does Highland Electric Fleet offer?

Highland Electric Fleet offers FleetBuilder and Electric Bus Talk.

Who are Highland Electric Fleet's investors?

Highland Electric Fleet has 3 investors. Key investors include Vision Ridge Partners, Fontinalis Partners, and Aiga Capital Partners.

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