Electric Vehicle Fleet-As-A-Service Pioneer Revolv Raises $15 Million To Support Growing Demand For Decarbonized Commercial Fleets
Amount Raised
$15 Million
Round Type
Funding Round
San FranciscoTransportationInvestors
Description
Revolv, a full-service provider of electric medium-to-heavy commercial fleets, today announced it has closed a $15 million Series A funding round led by an affiliated fund of Greenbacker Capital Management LLC ("Greenbacker"), which provides growth capital and best-in-class guidance for growth-stage clean energy companies. With the investment, Revolv will expand its operations across North America to support the growing demand for decarbonized commercial fleets with light, medium and heavy-duty trucks. The company is on track to deliver over 100 vehicles ranging from Class 2 through Class 8 by the end of 2023, with plans to scale and manage a fleet of vehicles in the thousands by the following years.
Quick answer
Revolv raised $15 Million in a Funding Round round, dated March 21, 2023. Investors: Greenbacker Capital Management LLC and Greenbacker Capital Management. Revolv is based in San Francisco, California, United States.
- How much did Revolv raise?
- Revolv raised $15 Million in a Funding Round round on March 21, 2023.
- Who invested in Revolv?
- Greenbacker Capital Management LLC and Greenbacker Capital Management are named as investors in this round.
- What does Revolv do?
- Revolv is helping commercial fleets move more quickly and confidently toward zero-emission solutions.
- Where is Revolv based and how big is it?
- Revolv is based in San Francisco, California, United States.
- Who are the decision-makers at Revolv?
- Fundz holds 1 contact at Revolv. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation around the same time
Companies in the same sectors as Revolv that raised within 45 days of this round, from Fundz verified event records.
- BluSmart Mobility raised $42M (Funding Round) on May 4, 2023.
- Gage Zero raised an undisclosed amount on May 3, 2023.
- Joby Aviation raised $180M on May 3, 2023.
- Warehowz raised $2.3M (Seed) on May 1, 2023.
- Slip Robotics raised $11M on April 28, 2023.
- Luup raised $30M (Funding Round) on April 26, 2023.
Who to call at Revolv, and when
A new round usually means Revolv is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Revolv raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Revolv, from your own LinkedIn network
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Related People
Revolv raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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