Odyne Systems

Pewaukee, United States Founded: 2009 • Age: 17 yrs
Plug-in hybrid drivetrains are developed for medium- and heavy-duty vehicles.
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About Odyne Systems

Odyne Systems is a company based in Pewaukee (United States) founded in 2009.. The company has 17 employees as of December 31, 2022. Odyne Systems offers products and services including PHEV System, Battery Recharge System, and Regenerative Braking. Odyne Systems operates in a competitive market with competitors including IRP Systems, Vitesco Technologies, Punch Powertrain, Hexagon Purus and Equipmake, among others.

  • Headquarter Pewaukee, United States
  • Employees 17 as on 31 Dec, 2022
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Odyne Systems, Llc
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    17

    as on Dec 31, 2022

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Products & Services of Odyne Systems

Odyne Systems offers a comprehensive portfolio of products and services, including PHEV System, Battery Recharge System, and Regenerative Braking. 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

Enables hybrid drive for trucks to reduce emissions and noise levels.

Facilitates fast recharging for extended vehicle operation on site.

Captures energy during braking to improve power and reduce costs.

People of Odyne Systems
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
John Stark
Vice President
People
John R Petras
Director, Programs & Principal Investigator
People
Joe Dalum
President & CEO
People
Bill Cavanaugh
Director, Engineering

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Funding Insights of Odyne Systems

  • Total Funding
  • Total Rounds 4
  • Last Round
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Series A - Odyne Systems Valuation Arenberg Holdings
Jul, 2012 Amount Series A - Odyne Systems Valuation Allison Transmission
Aug, 2011 Amount Grant - Odyne Systems Valuation

investors

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 Odyne Systems

Odyne Systems has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Johnson Controls, Allison Transmission and Air Quality Management District. 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
Institutional
Investor Description Founded Year Domain Location
A venture fund focused on early-stage Midwestern companies.
Founded Year Domain Location
Manufacturer of automatic transmissions and electric hybrid propulsion systems
Founded Year Domain Location
Air quality management services are provided for regulatory compliance.
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 Odyne Systems

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 - Odyne Systems

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

Odyne Systems Comparisons

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Competitors of Odyne Systems

Odyne Systems 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 Equipmake, 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.
domain founded_year HQ Location
Developer of powertrain system for multi-category vehicles
domain founded_year HQ Location
Manufacturer of powertrains for electric vehicles
domain founded_year HQ Location
Hydrogen-based batteries and systems for electric vehicles are manufactured.
domain founded_year HQ Location
Electronic equipment is designed and developed for powertrain components.
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 Odyne Systems

When was Odyne Systems founded?

Odyne Systems was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is Odyne Systems located?

Odyne Systems is headquartered in Pewaukee, United States. It is registered at Pewaukee, Wisconsin, United States.

How many employees does Odyne Systems have?

As of Dec 31, 2022, the latest employee count at Odyne Systems is 17.

What does Odyne Systems do?

Odyne Systems was established in 2009 through the acquisition of Odyne Corp assets by DUECO. Hybrid drivetrain technology is developed and manufactured in the United States for medium- and heavy-duty vehicles. Patented systems are designed to lower fuel use, emissions, operational and maintenance costs, while enhancing vehicle performance. Operations are based in Pewaukee, focusing on the automotive sector for commercial applications.

Who are the top competitors of Odyne Systems?

Odyne Systems's top competitors include IRP Systems, Hexagon Purus and Equipmake.

What products or services does Odyne Systems offer?

Odyne Systems offers PHEV System, Battery Recharge System, and Regenerative Braking.

Who are Odyne Systems's investors?

Odyne Systems has 4 investors. Key investors include Johnson Controls, Allison Transmission, Air Quality Management District, and Arenberg Holdings.

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