When was ADASTEC founded?

ADASTEC was founded in 2017 and raised its 1st funding round 6 years after it was founded.

Where is ADASTEC located?

ADASTEC is headquartered in San Francisco, United States.

Who is the current CEO of ADASTEC?

Ali Peker of ADASTEC. They have also founded 1 company.

How many employees does ADASTEC have?

As of Jun 30, 2026, the latest employee count at ADASTEC is 125.

Is ADASTEC a funded company?

ADASTEC is a funded company, having raised a total of $3.81M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 22, 2023.

When was the latest funding round of ADASTEC?

ADASTEC's latest funding was a $***** Seed round on Jul 07, 2025, with participation from 0 investor.

Where does ADASTEC rank among its competitors?

ADASTEC ranks 21st amongst 475 active competitors, of which 22 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Harbinger Motors, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of ADASTEC?

ADASTEC's top competitors include Proterra, EKA and Scania. Among them, Harbinger Motors secured the most recent funding round in June, 2026.

ADASTEC - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: www.adastec.com/
Social
Email ID: *****@adastec.com

Key Metrics

Founded Year

2017

Location

San Francisco, United States

Stage

Seed

Total Funding

$3.81M in 3 rounds

Latest Funding Round

Seed, Jul 07, 2025, $*****

Investors

APY Ventures & 4 more

Ranked

21^st among 475 active competitors

Employee Count

125 as on Jun 30, 2026

Similar Companies

Marcopolo & 144 more

View ADASTEC's full profile

ADASTEC is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ADASTEC Corp CIN: 36-4860443 , United States, Active	Dec 31, 2016	-	-	-

ADASTEC has raised a total funding of $3.81M over 3 rounds. Its first funding round was on Jun 22, 2023. ADASTEC has 5 institutional investors.

Here is the list of recent funding rounds of ADASTEC:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 07, 2025	4304409	Seed	8532718	3464842	6824551	7656174
Mar 19, 2024	6133774	Seed	2750657	3031318	5561023	8759652
Jun 22, 2023	3599581	Seed	9748695	4073580	4795547	4629390

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View details of ADASTEC's funding rounds and investors

The founders of ADASTEC are Ali Peker and Kerem Par. Ali Peker is the CEO of ADASTEC.

Here are the details of ADASTEC's key team members:

Ali Peker: Co-Founder & CEO of ADASTEC.
Contact Info: 1 email address
Kerem Par: Co-Founder of ADASTEC.
Contact Info: 1 email address

View details of ADASTEC's Founder profiles and Board Members

ADASTEC's employee count trend

ADASTEC has 125 employees as of Jun 26. Here is ADASTEC's employee count trend over the years:

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Top competitors of ADASTEC include Proterra, EKA and Scania. Here is the list of Top 10 competitors of ADASTEC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Proterra 2004, Burlingame (United States), Public	Manufacturer of battery systems for electric vehicles and commercial equipment	$858M	GM Ventures, Kleiner Perkins & 38 others	76/100
2nd	EKA 2019, Pune (India), Series A	Manufacturer of electric buses trucks and small commercial transport vehicles	$179M	Mitsui, NIIF & 6 others	72/100
3rd	Scania 1891, Sodertalje (Sweden), Acquired	Manufacturer of commercial vehicles	-	Economy And Finance, Europa	67/100
4th	Harbinger Motors 2021, Gardena (United States), Series C	Manufacturer of medium duty electric and hybrid commercial vehicle platforms	$363M	Capricorn, Thor Industries & 21 others	66/100
5th	PMI Electro Mobility 2017, Gurugram (India), Series C	Manufacturer of electric buses for public transportation and school use	$89.2M	Authum, Piramal Group & 53 others	66/100
6th	Marcopolo 1949, Caxias do Sul (Brazil), Unfunded	Manufacturer and supplier of bus body components to OEMs and aftermarket	-	-	65/100
7th	Daimler Truck 1895, Leinfelden Echterdingen (Germany), Public	Manufacturer of commercial vehicles and buses	$9B	Geely, BAIC & 4 others	65/100
8th	Volvo Group 1927, Gothenburg (Sweden), Public	Brand of commercial vehicles	-	Renault, Cevian Capital & 6 others	65/100
9th	Mullen Technologies 2012, La Habra (United States), Public	Manufacturer of Class 1-4 commercial electric vehicles and chassis cabs	$2M	Capital Q Ventures, Small Business Administration ... & 2 others	65/100
10th	The Lion Electric 2008, Saint Jerome (Canada), Public	Manufacturer of all-electric school buses and related electric vehicle services	-	Canada Economic Development, Freedom 3 Capital ... & 7 others	64/100
21st	ADASTEC 2017, San Francisco (United States), Seed	Manufacturer of buses	$3.81M	Y Capital, Keiretsu Forum & 3 others	52/100