When was Canoo founded?

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

Where is Canoo located?

Canoo is headquartered in Torrance, United States. It is registered at Torrance, California.

Who is the current CEO of Canoo?

Stefan Krause, Ulrich Kranz and Tony Aquila s of Canoo. Ulrich Kranz has also founded 1 company.

How many employees does Canoo have?

As of Sep 30, 2026, the latest employee count at Canoo is 154.

Is Canoo a funded company?

Canoo is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Apr 2020.

When was the latest funding round of Canoo?

Canoo's latest funding was a $***** Post IPO round on Oct 02, 2023, with participation from 0 investor. Its primary sector is Open Source. In United States, the Open Source sector has seen $9.07B in funding in 2026 to date.

What is the annual revenue of Canoo?

Annual revenue of Canoo is less than $1M as on Dec 31, 2023

Where does Canoo rank among its competitors?

Canoo ranks 18th amongst 207 active competitors, of which 18 are funded. It stands 11th 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 Canoo?

Canoo's top competitors include Lucid, Niu and Gogoro. Among them, Harbinger Motors secured the most recent funding round in June, 2026.

Canoo - 2026 Company Profile, Team, Funding, Competitors & Financials

Canoo is a public company based in Torrance (United States), founded in 2017 by Richard Kim, Stefan Krause and Ulrich Kranz. It operates as a Developer of multiple categories of electric vehicles. Canoo has raised an undisclosed amount in funding. The company has 207 active competitors, including 18 funded and 26 that have exited. Its top competitors include companies like Lucid, Niu and Gogoro.

Company Details

Developer of multiple categories of electric vehicles. The company design and develops multiple categories of electric vehicles like lifestyle vehicles, MPDVs, pickup trucks, cars, and more.

Website: canoo.com
Social
Email ID: *****@canoo.com
Registered Address: Torrance, California

Key Metrics

Founded Year

2017

Location

Torrance, United States

Stage

Public

Latest Funding Round

Post IPO, Oct 02, 2023, $*****

Investors

AFV Partners & 2 more

Ranked

18^th among 207 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2023

Employee Count

154 as on Sep 30, 2026

Similar Companies

Azul Systems & 978 more

Exit Details

Public

View Canoo's full profile

Canoo is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CANOO INC CIN: 7006460 , United States, Active	Jun 08, 2018	-	-	-
CANOO INC. CIN: 1750153 , United States, Active	Aug 05, 2018	$0 - $1M (As on Dec 31, 2023)	651 (As on Dec 31, 2023)	-
Canoo Technologies Inc. CIN: 823375874 , United States, Active	Dec 31, 1999	-	132 (As on Dec 31, 2024)	-

Canoo got listed on Apr 18, 2019.

Click here to take a look at Canoo's IPO in detail

Canoo has raised funding over 3 rounds. Its first funding round was on Apr 2020. Canoo has 3 institutional investors.

Here is the list of recent funding rounds of Canoo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 02, 2023	4762841	Post IPO	4339297	4521805	9242051	5510120
Aug 24, 2020	2949071	Post IPO	5735691	4497089	5041208	Yageo Corporation
Apr 2020	3667497	Conventional Debt	9493263	3008973	1807998	U.S. Small Business Administration

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View details of Canoo's funding rounds and investors

The founders of Canoo are Richard Kim, Stefan Krause and Ulrich Kranz. Ulrich Kranz is the CEO of Canoo.

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

Richard Kim: Co-Founder & Chief Design Officer of Canoo and founder of 1 other company.
Stefan Krause: CEO of Canoo.
Contact Info: 1 phone number
Ulrich Kranz: Co-Founder & CEO of Canoo.
Contact Info: 1 email address
Tony Aquila: CEO of Canoo.
Contact Info: 1 email address

View details of Canoo's Founder profiles and Board Members

Canoo's employee count trend

Canoo has 154 employees as of Sep 26. Here is Canoo's employee count trend over the years:

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Top competitors of Canoo include Lucid, Niu and Gogoro. Here is the list of Top 10 competitors of Canoo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lucid 2007, Newark (United States), Public	Manufacturer of electric vehicles and related technologies for consumer markets	$1.13B	Public Investment Fund, BAIC & 17 others	78/100
2nd	Niu 2014, Beijing (China), Public	Manufacturer of electric scooters, mopeds, motorcycles, and related accessories	$50M	Sequoia Capital China, GSR Ventures & 9 others	75/100
3rd	Gogoro 2011, Taipei (Taiwan), Public	Platform offering electric scooters and operator of battery swapping networks	$765M	Sumitomo Corporation, Generation Investment Management ... & 15 others	73/100
4th	BYD 1994, Shenzhen (China), Public	Manufacturer of electric cars, sedans, SUVs, batteries, and rail transit	-	Berkshire Hathaway, Hillhouse & 14 others	69/100
5th	Faraday Future 2014, Los Angeles (United States), Public	Manufacturer of electric cars	$3.21B	Informa, Evergrande & 14 others	69/100
6th	Harbinger Motors 2021, Gardena (United States), Series C	Manufacturer of medium duty electric and hybrid commercial vehicle platforms	$363M	Capricorn, Thor Industries & 23 others	68/100
7th	Fisker 2007, Los Angeles (United States), Public	Manufacturer of electric cars	$1.11B	Caterpillar, Advantas Capital Ventures & 16 others	66/100
8th	Aptera Motors 2005, Carlsbad (United States), Public	Developer of solar electric vehicles designed for efficient energy use	$83.4M	California Energy Commission, Cloud Toronto Venture Capital ... & 8 others	65/100
9th	Autonomy 1996, Phoenix (United States), Acquired	App-based platform electric car subscription services	$62.8M	http://markpincus.blog, Reid Hoffman & 18 others	63/100
10th	XPENG 2014, Guangzhou (China), Public	Platform offering electric cars	-	Mubadala, IFM Investors & 3 others	58/100
18th	Canoo 2017, Torrance (United States), Public	Developer of multiple categories of electric vehicles	-	AFV Partners, U.S. Small Business Administration ... & 1 others	50/100