ZEVx

Gilbert, United States Founded: 2017 • Age: 9 yrs
Fleet electrification solutions for mid-duty vehicles are provided.
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About ZEVx

ZEVx is a company based in Gilbert (United States) founded in 2017.. ZEVx has raised $41.03 million across 4 funding rounds from investors including KORE Power, Reynolds Capital and Listwin Ventures. ZEVx operates in a competitive market with competitors including ULEMCo, pepper motion, KEYOU, Boson Motors and Tembo, among others.

  • Headquarter Gilbert, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $41.03 M (USD)

    in 4 rounds

  • Latest Funding Round
    $15.93 M (USD), Series B

    Nov 03, 2023

  • Investors
    KORE Power

    & 2 more

  • Employee Count
    Employee Count
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People of ZEVx
Headcount 50-200
Employee Profiles 12
Board Members and Advisors 5
Employee Profiles
People
Damon Kuhn
Chief Manufacturing Officer
People
Jonathan Halas
Sr. Vice President Of Operations
People
Don Listwin
President & CEO
People
Arunachala Kannan
Chief Scientist

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Board Members and Advisors
people
Steve Loranger
Advisor
people
Jeanne Beliveau-Dunn
Advisor
people
Carolyn E. Edwards
Advisor
people
David L. Shimek
Board Member

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Funding Insights of ZEVx

ZEVx has successfully raised a total of $41.03M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15.93 million completed in November 2023. 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 Rounds 4
  • Last Round Series B — $15.9M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2023 Amount Series B - ZEVx Valuation

investors

Feb, 2023 Amount Series B - ZEVx Valuation Reynolds Capital
Jun, 2022 Amount Series A - ZEVx Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ZEVx

ZEVx has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include KORE Power, Reynolds Capital and Listwin Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Technology investments and philanthropy are facilitated by Listwin Ventures.
Founded Year Domain Location
Provides commercial real estate brokerage, consulting, management, and investment services.
Founded Year Domain Location
Lithium-based energy storage systems are manufactured for utilities.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ZEVx

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ZEVx

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Zevx Comparisons

Employees
+
Add Comparison
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Competitors of ZEVx

ZEVx 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, KEYOU, Boson Motors and Tembo, 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
Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
domain founded_year HQ Location
Electric conversion kits for commercial vehicles are provided.
domain founded_year HQ Location
Hydrogen-powered conversion kits are developed for commercial vehicles.
domain founded_year HQ Location
Smart electric commercial vehicles are manufactured by Boson Motors.
domain founded_year HQ Location
Tembo is recognized as a leader in electric utility vehicles.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Zevx

Frequently Asked Questions about ZEVx

When was ZEVx founded?

ZEVx was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is ZEVx located?

ZEVx is headquartered in Gilbert, United States. It is registered at Gilbert, Arizona, United States.

Who is the current CEO of ZEVx?

Carolyn Maury is the current CEO of ZEVx.

Is ZEVx a funded company?

ZEVx is a funded company, having raised a total of $41.03M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5.1M, raised on Dec 21, 2020.

What does ZEVx do?

ZEVx was founded in 2017 and is based in Gilbert, United States. Fleet electrification solutions are offered for mid-duty vehicles within the transportation and energy sectors. Operations encompass powertrain electrification, energy capture and regeneration, along with power management systems and associated software. These services support the transition of commercial fleets to electric powertrains.

Who are the top competitors of ZEVx?

ZEVx's top competitors include ULEMCo, AddVolt and Tembo.

Who are ZEVx's investors?

ZEVx has 3 investors. Key investors include KORE Power, Reynolds Capital, and Listwin Ventures.

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