About Telo Trucks
Telo Trucks is a company based in San Carlos (United States) founded in 2023 by Jason Marks, Forrest North, and Yves Behar. Telo Trucks has raised $7.18 million across 2 funding rounds from investors including Neo, Spero and GoAhead Ventures. Telo Trucks offers products and services including TELO MT1. Telo Trucks operates in a competitive market with competitors including Rivian, EVUM Motors, Lordstown Motors, Bollinger Motors and Atlis Motor Vehicles, among others.
- Headquarter San Carlos, United States
- Founders Jason Marks, Forrest North, Yves Behar
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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
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7.18 M (USD)
in 2 rounds
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Latest Funding Round
$5.4 M (USD), Series A
Mar 13, 2024
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Investors
Neo
& 5 more
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Employee Count
Not available
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Products & Services of Telo Trucks
Telo Trucks offers a comprehensive portfolio of products and services, including TELO MT1.
Compact truck for urban adventures and efficient hauling.
People of Telo Trucks
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Funding Insights of Telo Trucks
Telo Trucks has successfully raised a total of $7.18M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.4 million completed in March 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.
Investors in Telo Trucks
Telo Trucks has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Neo, Spero and GoAhead Ventures.
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Technology startups are accelerated and incubated sector-agnostically by Neo.
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A boutique venture firm is focused on purpose-led companies.
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Early-stage tech startups are funded primarily in the US.
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Investor details for Telo Trucks
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Investments & Acquisitions by Telo Trucks
Investment portfolio details for Telo Trucks
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Financial Statements - Telo Trucks
Detailed financials for Telo Trucks
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Telo Trucks Comparisons
Peer comparison for Telo Trucks
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Competitors of Telo Trucks
Telo Trucks 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 Rivian, EVUM Motors, Lordstown Motors, Bollinger Motors and Atlis Motor Vehicles, among others.
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Off-road electric pickup trucks are manufactured for adventure use.
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Cars are dealt and booked via an online platform.
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Electric pickup trucks are developed and manufactured by Lordstown Motors.
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Off-road and on-road sport utility trucks are developed.
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Developer of electric pickup trucks
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Detailed competitors of Telo Trucks
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Latest news on Telo Trucks
Complete news archive for Telo Trucks
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Frequently Asked Questions about Telo Trucks
Telo Trucks was founded in 2023.
Telo Trucks is headquartered in San Carlos, United States. It is registered at San Carlos, California, United States.
Jason Marks is the current CEO of Telo Trucks. They have also founded this company.
Telo Trucks is a funded company, having raised a total of $7.18M across 2 funding rounds to date.
Telo Trucks was founded in 2023 in San Carlos, United States, as a manufacturer in the electric vehicle sector. Products are provided through a platform designed for urban employees and weekend adventurers. Vehicles are equipped with a 350-mile range and 106kWh battery capacity, among other features. Operations focus on sustainable transportation solutions in the North American market.
Telo Trucks's top competitors include Rivian, EVUM Motors and Lordstown Motors.
Telo Trucks offers TELO MT1.
Telo Trucks has 6 investors. Key investors include Neo, Spero, GoAhead Ventures, WorkPlay Ventures, and Underdog Labs.