About Revoy
Revoy is a company based in San Mateo (United States) founded in 2020 by Ian Rust. Revoy has raised $625 thousand across 3 funding rounds from investors including Y Combinator, TRAC and Climate Capital. Revoy offers products and services including EV Swapping Service. Revoy operates in a competitive market with competitors including ULEMCo, pepper motion, ZEVx, KEYOU and Boson Motors, among others.
- Headquarter San Mateo, United States
- Founders Ian Rust
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$625 K (USD)
in 3 rounds
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Latest Funding Round
$500 K (USD), Seed
Jun 01, 2022
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Investors
Y Combinator
& 2 more
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Employee Count
Employee Count
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Products & Services of Revoy
Revoy offers a comprehensive portfolio of products and services, including EV Swapping Service.
Facilitates quick battery swaps for trucks to reduce fuel use and operational downtime.
Funding Insights of Revoy
Revoy has successfully raised a total of $625K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in June 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 3
- Last Round Seed — $500,000
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Revoy | Valuation | Y Combinator | |
| Jun, 2022 | Amount | Seed - Revoy | Valuation | Y Combinator |
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| Jun, 2021 | Amount | Seed - Revoy | Valuation | Climate Capital |
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Investors in Revoy
Revoy has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Y Combinator, TRAC and Climate Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Investments are made by TRAC in early-stage technology startups.
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Founded Year | Domain | Location | |
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Venture capital is invested in climate tech startups and entrepreneurs.
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Founded Year | Domain | Location |
Investments & Acquisitions by Revoy
Financial Statements - Revoy
Revoy Comparisons
Competitors of Revoy
Revoy 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 ULEMCo, pepper motion, ZEVx, KEYOU and Boson Motors, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
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| domain | founded_year | HQ Location |
Electric conversion kits for commercial vehicles are provided.
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| domain | founded_year | HQ Location |
Fleet electrification solutions for mid-duty vehicles are provided.
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| domain | founded_year | HQ Location |
Hydrogen-powered conversion kits are developed for commercial vehicles.
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| domain | founded_year | HQ Location |
Smart electric commercial vehicles are manufactured by Boson Motors.
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| domain | founded_year | HQ Location |
Tembo is recognized as a leader in electric utility vehicles.
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Latest news on Revoy
Frequently Asked Questions about Revoy
Revoy was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Revoy is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Ian Rust is the current CEO of Revoy. They have also founded this company.
Revoy is a funded company, having raised a total of $625K across 3 funding rounds to date.
Manufacturer of electric trucks. The company offers hybrid-electric solutions for semi-trucks, allowing users to swap Revoy EVs for a charged unit in minutes.
Revoy offers EV Swapping Service.
Revoy has 3 investors. Key investors include Y Combinator, TRAC, and Climate Capital.