About Orange EV
Orange EV is a company based in Riverside (United States) founded in 2012 by Kurt Neutgens and Wayne Mathisen.. Orange EV has raised $35.15 million across 2 funding rounds from investors including S2G Ventures and Missouri Technology. Orange EV offers products and services including e-TRIEVER, HUSK-e, Batteries & Chargers, and On-site Service. Orange EV operates in a competitive market with competitors including PlusAI, TuSimple, Arrival, Lightning eMotors and Gatik, among others.
- Headquarter Riverside, United States
- Founders Kurt Neutgens, Wayne Mathisen
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Orange Ev, 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
$35.15 M (USD)
in 2 rounds
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Latest Funding Round
$35 M (USD), Series A
Aug 03, 2022
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Investors
S2G Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Orange EV
Orange EV offers a comprehensive portfolio of products and services, including e-TRIEVER, HUSK-e, Batteries & Chargers, and On-site Service. 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.
Heavy-duty truck for efficient cargo handling in logistics
Truck designed for yard operations and heavy loads
Components supporting electric truck performance
Expert repairs and support for terminal trucks
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Sales and Marketing
21 people
Software Development Team
20 people
Leadership Team
7 people
Finance and Accounting
6 people
Human Resources and Administration
5 people
Legal and Compliance
2 people
Customer Team
2 people
Mechanical Team
2 people
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Funding Insights of Orange EV
Orange EV has successfully raised a total of $35.15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $35 million completed in August 2022. 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 2
- Last Round Series A — $35.0M
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First Round
First Round
(30 Sep 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2022 | Amount | Series A - Orange EV | Valuation | S2G Ventures |
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| Sep, 2015 | Amount | Seed - Orange EV | Valuation | Missouri Technology |
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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 Orange EV
Orange EV has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include S2G Ventures and Missouri Technology. 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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Stage agnostic venture capital firm
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Founded Year | Domain | Location | |
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Tech companies focused VC firm operating across Missouri
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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 Orange EV
| 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 - Orange EV
| 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 |
Orange Ev Comparisons
Competitors of Orange EV
Orange EV 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 PlusAI, TuSimple, Arrival, Lightning eMotors and Gatik, 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 |
Self-driving technology for commercial trucks is developed by PlusAI.
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| domain | founded_year | HQ Location |
Self-driving truck solutions are developed using AI technology.
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| domain | founded_year | HQ Location |
Multi-category commercial electric vehicles, including buses and vans, are manufactured.
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| domain | founded_year | HQ Location |
SaaS management solutions for EV charging operators are provided.
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| domain | founded_year | HQ Location |
AI-enabled platform offering self-driving delivery trucks and delivery management system
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| domain | founded_year | HQ Location |
Autonomous electric trucks are manufactured for freight and emissions management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Orange Ev
Frequently Asked Questions about Orange EV
When was Orange EV founded?
Orange EV was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Orange EV located?
Orange EV is headquartered in Riverside, United States. It is registered at Riverside, California, United States.
Who is the current CEO of Orange EV?
Wayne Mathisen is the current CEO of Orange EV. They have also founded this company.
Is Orange EV a funded company?
Orange EV is a funded company, having raised a total of $35.15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Sep 30, 2015.
What does Orange EV do?
Orange EV was founded in 2012 in Riverside, United States, focusing on the electric vehicle sector. All-electric terminal trucks are developed and produced for short-range operations in shipping, retail distribution, rail yards, ports, and terminals, with speeds up to 25 mph. Diesel trucks are also converted to electric versions. Operations emphasize industrial applications within the transportation industry.
Who are the top competitors of Orange EV?
What products or services does Orange EV offer?
Orange EV offers e-TRIEVER, HUSK-e, Batteries & Chargers, and On-site Service.
Who are Orange EV's investors?
Orange EV has 2 investors. Key investors include S2G Ventures, and Missouri Technology.
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