About VIA Motors
VIA Motors is a company based in Orem (United States) founded in 2010 was acquired by Ideanomics in August 2021.. VIA Motors has raised $56.4 million across 6 funding rounds from investors including Ideanomics. The company has 105 employees as of December 31, 2022. VIA Motors operates in a competitive market with competitors including Libertine, IRP Systems, Hexagon Purus, Punch Powertrain and Vitesco Technologies, among others.
- Headquarter Orem, United States
- Employees 105 as on 31 Dec, 2022
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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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Annual Revenue
$00as on Apr 15, 2014
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Net Profit
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EBITDA
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Total Equity Funding
$56.4 M (USD)
in 6 rounds
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Latest Funding Round
$3.5 M (USD), Series B
Nov 06, 2014
- Investors
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Employee Count
105
as on Dec 31, 2022
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Acquired by
Ideanomics
(Aug 30, 2021)
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Funding Insights of VIA Motors
VIA Motors has successfully raised a total of $56.4M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $3.5 million completed in November 2014. 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 6
- Last Round Series B — $3.5M
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First Round
First Round
(18 Mar 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2014 | Amount | Series B - VIA Motors | Valuation |
investors |
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| Apr, 2014 | Amount | Series B - VIA Motors | Valuation |
investors |
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| Jan, 2014 | Amount | Series B - VIA Motors | Valuation |
investors |
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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 VIA Motors
VIA Motors has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ideanomics. 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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Electric vehicles are manufactured and distributed using blockchain technology.
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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 VIA Motors
| 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 - VIA Motors
| 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 |
Via Motors Comparisons
Competitors of VIA Motors
VIA Motors 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 Libertine, IRP Systems, Hexagon Purus, Punch Powertrain and Vitesco Technologies, 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 |
Linear power systems are provided for free-piston engine uses.
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| domain | founded_year | HQ Location |
Software-defined electric powertrain systems for micromobility are provided.
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| domain | founded_year | HQ Location |
Hydrogen-based batteries and systems for electric vehicles are manufactured.
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| domain | founded_year | HQ Location |
Manufacturer of powertrains for electric vehicles
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| domain | founded_year | HQ Location |
Developer of powertrain system for multi-category vehicles
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Via Motors
Frequently Asked Questions about VIA Motors
When was VIA Motors founded?
VIA Motors was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is VIA Motors located?
VIA Motors is headquartered in Orem, United States. It is registered at Orem, Utah, United States.
Is VIA Motors a funded company?
VIA Motors is a funded company, having raised a total of $56.4M across 6 funding rounds to date. The company's 1st funding round was a Series B of $8.88M, raised on Mar 18, 2011.
How many employees does VIA Motors have?
As of Dec 31, 2022, the latest employee count at VIA Motors is 105.
What does VIA Motors do?
VIA Motors was founded in 2010 and is based in Orem, United States. Electric vehicle drive systems for commercial applications are supplied by the company. Large commercial vehicles are converted into electric versions through its technologies. The eREV powertrain has been developed to transform trucks into electric models. Electric trucks and vans are also produced using this powertrain, focusing on the commercial transportation sector.
Who are the top competitors of VIA Motors?
VIA Motors's top competitors include IRP Systems, Libertine and Hexagon Purus.
Who are VIA Motors's investors?
VIA Motors has 1 investor. Key investors include Ideanomics.