About Workhorse Group
Workhorse Group is a company based in Cincinnati (United States) founded in 2007 by Steve Burns. Workhorse Group offers products and services including W4 CC, W750, and W56. Workhorse Group operates in a competitive market with competitors including PlusAI, Volansi, Gatik, Zipline and Flytrex, among others.
- Headquarter Cincinnati, United States
- Founders Steve Burns
- Stage Public
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Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Workhorse Group
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Annual Revenue
$6.62 M (USD)-49.47as on Dec 31, 2024
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Net Profit
-$101.79 M (USD)17.86as on Dec 31, 2024
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EBITDA
-$65.28 M (USD)35.52as on Dec 31, 2024
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Latest Funding Round
$3.5 M (USD), Post-IPO
Jan 27, 2025
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Investors
Marathon Asset Management
& 2 more
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Employee Count
Not available
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IPO & Listings of Workhorse Group
Workhorse Group is a publicly listed company on the NASDAQ with ticker symbol WKHS in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Workhorse Group
Workhorse Group offers a comprehensive portfolio of products and services, including W4 CC, W750, and W56.
Cab chassis truck for upfitting and customization needs.
Durable class 4 van for reliable commercial delivery tasks.
Zero-emission truck with cargo capacity for fleet operations.
People of Workhorse Group
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Funding Insights of Workhorse Group
Investors in Workhorse Group
Workhorse Group has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Marathon Asset Management, Arosa Capital Management and OSTI.GOV.
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Arosa Capital Management is engaged in energy sector investments.
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Diversified investment management services are provided across asset classes.
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Investor details for Workhorse Group
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Investments & Acquisitions by Workhorse Group
Investment portfolio details for Workhorse Group
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Financial Statements - Workhorse Group
Detailed financials for Workhorse Group
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Workhorse Group Comparisons
Peer comparison for Workhorse Group
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Competitors of Workhorse Group
Workhorse Group 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, Volansi, Gatik, Zipline and Flytrex, among others.
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Self-driving technology for commercial trucks is developed by PlusAI.
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VTOL drone delivery solutions for logistics are provided.
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AI-enabled platform offering self-driving delivery trucks and delivery management system
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Drones are operated for on-demand delivery of medical supplies.
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Cloud-based on-demand drone delivery for e-commerce is provided.
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Autonomous trucks are developed for long-haul freight transport.
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Detailed competitors of Workhorse Group
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Latest news on Workhorse Group
Complete news archive for Workhorse Group
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Frequently Asked Questions about Workhorse Group
Workhorse Group was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Workhorse Group is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Steve Burns is the current CEO of Workhorse Group. They have also founded this company.
Annual revenue of Workhorse Group is $6.62M as on Dec 31, 2024.
Workhorse Group was established in 2007 in Cincinnati, United States, focusing on the electric vehicle and drone sector for last-mile delivery. Electric utility vans in the C-series are produced, incorporating dual battery packs, permanent magnet motors, anti-locking brakes, payload handling, and shock absorption. Drones are developed with autonomous flight, four rotors, remote operation, LTE connectivity, GPS, and compass systems. Delivery monitoring is enabled through a dedicated app.
Workhorse Group offers W4 CC, W750, and W56.
Yes, Workhorse Group is publicly traded on NASDAQ under the ticker symbol WKHS.
Workhorse Group has 3 investors. Key investors include Marathon Asset Management, Arosa Capital Management, and OSTI.GOV.
The ticker symbol of Workhorse Group is WKHS on NASDAQ.