When was Conifer founded?

Conifer was founded in 2022 and raised its 1st funding round 3 years after it was founded.

Where is Conifer located?

Conifer is headquartered in Sunnyvale, United States.

How many employees does Conifer have?

As of Jun 30, 2026, the latest employee count at Conifer is 60.

Is Conifer a funded company?

Conifer is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 14, 2025.

When was the latest funding round of Conifer?

Conifer's latest funding was a $***** Seed round on Apr 14, 2025, with participation from 7 investors.

Where does Conifer rank among its competitors?

Conifer ranks 84th amongst 7560 active competitors, of which 69 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Conifer, which secured $20M in Apr, 2025.

Who are the top competitors of Conifer?

Conifer's top competitors include Uno Minda, Cooper Standard and Motherson Group. Among them, Conifer secured the most recent funding round in April, 2025.

Conifer - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of electric conversion kits for multiple categories of vehicles. Its conversion kit includes motors, controllers, batteries, and more. It also developed a patented axial flux motor technology with proprietary stator design, enabling high efficiency and power density using widely available ferrite magnets.

Key Metrics

Founded Year

2022

Location

Sunnyvale, United States

Stage

Seed

Total Funding

$20M in 1 round

Latest Funding Round

Seed, Apr 14, 2025, $*****

Investors

MaC Venture Capital & 6 more

Ranked

84^th among 7560 active competitors

Employee Count

60 as on Jun 30, 2026

Similar Companies

Linamar & 365 more

View Conifer's full profile

Conifer has raised a total funding of $20M over 1 round. Its latest funding round was a Seed round on Apr 14, 2025 for $*****. 7 investors participated in its latest round. Conifer has 7 institutional investors.

Here is the list of recent funding rounds of Conifer:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 14, 2025	4749489	Seed	3095517	4620500	7567290	7734364

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View details of Conifer's funding rounds and investors

The founders of Conifer are Yateendra Deshpande and Ankit Somani.

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

Yateendra Deshpande: Co-Founder of Conifer.
Contact Info: 1 email address
Ankit Somani: Co-Founder of Conifer.
Contact Info: 1 email address

View details of Conifer's Founder profiles and Board Members

Conifer's employee count trend

Conifer has 60 employees as of Jun 26. Here is Conifer's employee count trend over the years:

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Top competitors of Conifer include Uno Minda, Cooper Standard and Motherson Group. Here is the list of Top 10 competitors of Conifer, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Uno Minda 1958, Gurugram (India), Public	Manufacturer of automotive components and systems for original equipment manufacturers	$260M	Motilal Oswal Private Equity, Kotak Mahindra Bank ... & 7 others	73/100
2nd	Cooper Standard 1960, Novi (United States), Acquired	Global supplier of sealing, fluid handling systems, and material science solutions	$51.1M	-	69/100
3rd	Motherson Group 1975, Noida (India), Public	Manufactures electrical distribution systems for automobiles	-	Nepean Capital, India Capital Growth & 2 others	69/100
4th	Delphi Technologies 1994, Auburn Hills (United States), Acquired	Manufacturer and supplier of automotive parts to OEMs	-	Goldman Sachs, Appaloosa Management & 5 others	68/100
5th	Faurecia 1997, Nanterre (France), Public	Manufacturer of automotive components and systems	-	NUMA, PSA Group & 3 others	68/100
6th	CIE Automotive 2002, Bilbao (Spain), Public	Manufacturer and supplier of major auto components to OEMs and tier 1 companies	$16.3M	Kedaara, Ainos Holdings & 19 others	68/100
7th	Dana 1904, Maumee (United States), Acquired	Supplier of electrified light-vehicle driveline technologies and components	-	Centerbridge Partners, Going Investment & 2 others	67/100
8th	Linamar 1966, Guelph (Canada), Public	Manufacturer and supplier of motor vehicle parts and agricultural vehicle parts	-	Region ile-de-France, Economy And Finance ... & 1 others	66/100
9th	Continental 1871, Hannover (Germany), Public	Manufacturer & supplier of tires, brake systems, chassis, safety, and power train components	-	Economy And Finance, TPG & 4 others	66/100
10th	Schaeffler 1946, Herzogenaurach (Germany), Public	Manufacturer of bearings for the automotive industry	-	Europa, Gov.cz	66/100
84th	Conifer 2022, Sunnyvale (United States), Seed	Provider of electric conversion kits for multiple categories of vehicles	$20M	MaC Venture Capital, SVB & 5 others	52/100