About Mullen Technologies
Mullen Technologies is a publicly listed company based in La Habra (United States) founded in 2012. Electric vehicles are manufactured with AI integration by Mullen Technologies. Mullen Technologies has raised $2 million across 12 funding rounds from investors including Small Business Administration and RBL Group. The company has 388 employees. Mullen Technologies has completed 6 acquisitions, including Aptito, Bollinger Motors and Electric Last Mile Solutions. Mullen Technologies offers products and services including Mullen ONE, Mullen THREE, Mullen CAMPUS, Bollinger B4-6, and Mullen-GO. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Cars. Its legal entity is Mullen Automotive, Inc. Its competitors include Tesla, Fisker and Aptera Motors; 3 of its 3 listed competitors have raised funding.
Company details
Mullen Technologies was founded in 2012 in La Habra, United States, focusing on the automotive sector. Electric cars, including the Mullen Dragonfly K50 and Reserve Dragonfly K50 models, are developed with features such as four-wheel drive, multiple driving modes, double wishbone suspension, and carbon-fiber body panels. An AI-enabled platform called Carhub is provided for vehicle transactions and ownership management.
- Annual Revenue$1.09 M (USD)199as on Sep 30, 2024
- Net Profit-$457.06 M (USD)52.99as on Sep 30, 2024
- EBITDA-$250.65 M (USD)9.43as on Sep 30, 2024
- Total Equity Funding$2M (USD)
in 12 rounds
- Latest Funding Round$4.4M (USD), Post-IPO
Dec 2024
- InvestorsSmall Business Administration
& 1 more
- Employee Count388
- Investments & AcquisitionsAptito
& 5 more
Products & Services of Mullen Technologies
Mullen Technologies offers a comprehensive portfolio of products and services, including Mullen ONE, Mullen THREE, Mullen CAMPUS, Bollinger B4-6, and Mullen-GO.
All-electric Class 1 cargo van for commercial delivery services.
All-electric Class 3 low cab forward vehicle for urban use.
Platform for electric campus and utility vehicles.
All-electric truck model for commercial applications.
Accessory for enhancing electric vehicle performance.
Apps and channels of Mullen Technologies
its YouTube channel Mullen Automotive has 5.38K subscribers and 30 videos.
Videos from Mullen Technologies
The most watched videos on Mullen Technologies's YouTube channel, Mullen Automotive (5.38K subscribers). Click a video to play it here.
More on Mullen Automotive.
Funding Insights of Mullen Technologies
Mullen Technologies has successfully raised a total of $2M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $4.4 million completed in December 2024. 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 $2M
- Total Rounds 12
- Last Round Post-IPO — $4.4M
- First Round $2M
(Mar 2012)
- Investors Count 2
Latest 10 of 12 funding rounds of Mullen Technologies 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 |
|---|---|---|---|---|---|
| Dec 2024 | $4.4M | Post-IPO | – | – | – |
| May 2024 | $13.16M | Post-IPO | – | – | – |
| Jan 2021 | $525,000 | Post-IPO | – | – | – |
| Apr 2020 | Debt – Conventional | – | – | ||
| Jan 2018 | $7.55M | Post-IPO | – | – | – |
| Sep 2017 | $2M | Post-IPO | – | – | – |
| Jan 2016 | $3.08M | Post-IPO | – | – | – |
| May 2015 | $5M | Post-IPO | – | – | – |
| Sep 2014 | Post-IPO | – | – | – | |
| Jul 2014 | $10M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in Mullen Technologies
Mullen Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Small Business Administration and RBL Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial assistance and development resources are provided to small businesses. | 1953 | sba.gov | ||
Human capability is enhanced by The RBL Group through consulting. | 1999 | rbl.net | Provo, United States |
Investor details for Mullen Technologies
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IPO & Listings of Mullen Technologies
Mullen Technologies is a publicly listed company on the NASDAQ with ticker symbol BINI in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date05 Nov 2021
- Listed onNASDAQ: MULN
- Listed entityBollinger Innovations, Inc.
- Exchange sectorTechnology services
- Share price$3.28 (-36.19% on the day) · 2025-09-29
- Market capitalisation$60,417.00
- EPS (diluted, trailing year)$-7,600,422,638.97
- Volume (last session)1,971,856
- Analyst consensusNeutral
Financials of Mullen Technologies
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $1.1M | -$457.1M | -$250.7M |
| 2023 | $366,000 | -$972.2M | -$276.8M |
| 2022 | -$739.5M | -$93.6M | |
| 2021 | -$44.2M | -$21.3M | |
| 2020 | $65.7M | -$5.9M | -$1.5M |
Detailed financial statements for Mullen Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Mullen Technologies
Mullen Technologies has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Aptito, Bollinger Motors and Electric Last Mile Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electric cargo-vans and telematics solutions are developed for last-mile delivery. | electriclastmile.com | Auburn Hills, United States | 2020 | Oct 2022 | $240M | |
Off-road and on-road sport utility trucks are developed. | bollingermotors.com | Oak Park, United States | 2014 | Sep 2022 | $148.2M | |
Cross-border remittances and mobile wallet services are facilitated by Paystar. | paystar.net | New York, United States | 2006 | Jul 2016 | •••• | |
Online merchant acquiring is provided for payments across Eurasia. | payonline.ru | Moscow, Russia | 2008 | Mar 2015 | •••• | |
Cloud-based iPad PoS system is offered for restaurants. | aptito.com | Nottingham, United Kingdom | 2011 | May 2013 | •••• | |
Mobile payments and value added transaction service provider | unifiedpayments.com | Lagos, Nigeria | 2010 | Mar 2013 | $25M |
Complete acquisition details for Mullen Technologies
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Timeline of Mullen Technologies
10 dated milestones of Mullen Technologies across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Mullen Technologies is founded.
- Funding First funding round of $2.0M.
- Acquisition Acquires Unified Payments.
- Acquisition Acquires Aptito.
- Acquisition Acquires PayOnline.
- Acquisition Acquires PayStar.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Bollinger Motors.
- Acquisition Acquires Electric Last Mile Solutions.
- Funding Latest funding round, Post-IPO, of $4.4M.
Competitors of Mullen Technologies
Mullen Technologies has 3 listed competitors in our database, 3 of them funded. They include Tesla, Fisker and Aptera Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tesla.com | 2003 | Austin, United States | $407.53M | 125,665 | Electric vehicles and solar energy products are manufactured. | |
| fiskerinc.com | 2007 | Los Angeles, United States | $1.11B | 1,195 | Electric vehicles are manufactured and leased by Fisker Inc. | |
| aptera.us | 2005 | Carlsbad, United States | $83.45M | 91 | Solar-powered electric vehicles are manufactured by Aptera Motors. |
Detailed competitors of Mullen Technologies
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Web traffic of Mullen Technologies
Websites that share an audience with Mullen Technologies (mullenusa.com).
- Global rank#7,035,155
among all websites
- Category rank#5,222
Vehicles · Motorsports
- Bounce rate38%
- Pages per visit1.7
- Average visit42 sec
- DevicesDesktop 26% · Mobile 74%
Websites whose visitors overlap most with Mullen Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
theevreport.com | theevreport.com | 100% | #673,816 | – | |
shopownermag.com | shopownermag.com | 62% | #1,905,850 | – | |
| thetruthaboutcars.com | 53% | #129,657 | View details |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Mullen Technologies (Electric & Green Mobility) in United States, 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 buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Mullen Technologies
Complete news archive for Mullen Technologies
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Frequently Asked Questions about Mullen Technologies
Mullen Technologies was founded in 2012.
Mullen Technologies is headquartered in La Habra, United States. It is registered at La Habra, California, United States.
Mullen Technologies is a funded company, having raised a total of $2M across 12 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $10M, raised on Mar 2012.
Mullen Technologies has 388 employees.
Annual revenue of Mullen Technologies is $1.09M as on Sep 30, 2024.
Mullen Technologies was founded in 2012 in La Habra, United States, focusing on the automotive sector. Electric cars, including the Mullen Dragonfly K50 and Reserve Dragonfly K50 models, are developed with features such as four-wheel drive, multiple driving modes, double wishbone suspension, and carbon-fiber body panels. An AI-enabled platform called Carhub is provided for vehicle transactions and ownership management.
Mullen Technologies's top competitors include Fisker, Tesla and Aptera Motors.
Mullen Technologies offers Mullen ONE, Mullen THREE, Mullen CAMPUS, Bollinger B4-6, and Mullen-GO.
Yes, Mullen Technologies is publicly traded on NASDAQ under the ticker symbol BINI.
Mullen Technologies has made 6 acquisitions, including Aptito, Bollinger Motors, and Electric Last Mile Solutions.
Mullen Technologies has 2 investors. Key investors include Small Business Administration, and RBL Group.
Mullen Technologies operates through Mullen Automotive, Inc..