About Inventev
Inventev is a company based in Detroit (United States) founded in 2011.. Inventev has raised $225 thousand across 5 funding rounds from investors including Michigan Economic Development, ARPA-E and Invest Detroit. Inventev offers products and services including Export Power Subsystems and PHEV Propulsion. Inventev operates in a competitive market with competitors including IRP Systems, Vitesco Technologies, Punch Powertrain, Hexagon Purus and Odyne Systems, among others.
- Headquarter Detroit, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Inventev Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$225 K (USD)
in 5 rounds
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Latest Funding Round
$200 K (USD), Angel Round
Feb 01, 2016
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Investors
Michigan Economic Development
& 2 more
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Employee Count
Employee Count
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Products & Services of Inventev
Inventev offers a comprehensive portfolio of products and services, including Export Power Subsystems and PHEV Propulsion. 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.
Converts high-voltage energy from vehicles into usable AC power for emergencies.
Integrates motors for enhanced performance in plug-in hybrid electric vehicles.
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Funding Insights of Inventev
Inventev has successfully raised a total of $225K across 5 strategic funding rounds. The most recent funding activity was a Angel Round round of $200 thousand completed in February 2016. 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 Funding
- Total Rounds 5
- Last Round Angel Round — $200,000
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First Round
First Round
(01 Jun 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Angel Round - Inventev | Valuation |
investors |
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| Feb, 2016 | Amount | Grant - Inventev | Valuation |
investors |
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| Nov, 2014 | Amount | Seed - Inventev | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Inventev
Inventev has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Michigan Economic Development, ARPA-E and Invest Detroit. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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High-risk energy technologies are funded through competitive grants.
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Founded Year | Domain | Location | |
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Seed-focused venture capital firm investing in tech-based startups
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Founded Year | Domain | Location | |
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Economic development in Michigan is advanced by the foundation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Inventev
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Inventev
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Inventev Comparisons
Competitors of Inventev
Inventev 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 IRP Systems, Vitesco Technologies, Punch Powertrain, Hexagon Purus and Odyne Systems, 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 |
Software-defined electric powertrain systems for micromobility are provided.
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| domain | founded_year | HQ Location |
Developer of powertrain system for multi-category vehicles
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| domain | founded_year | HQ Location |
Manufacturer of powertrains for electric vehicles
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| domain | founded_year | HQ Location |
Hydrogen-based batteries and systems for electric vehicles are manufactured.
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| domain | founded_year | HQ Location |
Plug-in hybrid drivetrains are developed for medium- and heavy-duty vehicles.
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| domain | founded_year | HQ Location |
Electronic equipment is designed and developed for powertrain components.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Inventev
When was Inventev founded?
Inventev was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Inventev located?
Inventev is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Is Inventev a funded company?
Inventev is a funded company, having raised a total of $225K across 5 funding rounds to date. The company's 1st funding round was a Seed of $25K, raised on Jun 01, 2014.
What does Inventev do?
Inventev was founded in 2011 and is based in Detroit, United States. Focus is placed on plug-in hybrid electric vehicle systems for medium-duty commercial fleet trucks. Next-generation propulsion and controls technology is developed and applied to OEM-branded trucks, resulting in electrically-biased drive systems. The transportation sector top prize was awarded at the Accelerate Michigan Innovation Competition in November 2014.
Who are the top competitors of Inventev?
Inventev's top competitors include IRP Systems, Hexagon Purus and Equipmake.
What products or services does Inventev offer?
Inventev offers Export Power Subsystems and PHEV Propulsion.
Who are Inventev's investors?
Inventev has 3 investors. Key investors include Michigan Economic Development, ARPA-E, and Invest Detroit.