Electrada - About the company
Electrada is a series B company based in Cincinnati (United States), founded in 2020. It operates as a Manufacturer of automotive electric vehicles. Electrada has raised $33.9M in funding. The company has 104 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Ridepanda, Highland Electric Fleet and Plug Motors.
Company Details
- Website
- electrada.com
- Email ID
- *****@electrada.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2020
Location
Cincinnati, United States
Stage
Series B
Total Funding
$33.9M in 3 rounds
Latest Funding Round
Ranked
4th among 104 active competitors
Employee Count
24 as on May 31, 2026
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Electrada's funding and investors
Electrada has raised a total funding of $33.9M over 3 rounds. Its first funding round was on Mar 2021.
Here is the list of recent funding rounds of Electrada:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 15, 2023 | 2638432 | Series B | 7008361 | 8247018 | 5670835 | 2409366 |
Jul 20, 2021 | 6707670 | Seed | 6650937 | 7485336 | 3857831 | 5399040 |
Mar 2021 | 4781103 | Grant (prize money) | 3075235 | 6637504 | 1089572 | 6328365 |
View details of Electrada's funding rounds and investors
Electrada's founders and board of directors
Founder? Claim ProfileElectrada's employee count trend
Electrada has 24 employees as of May 26. Here is Electrada's employee count trend over the years:
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Electrada's Competitors and alternates
Top competitors of Electrada include Ridepanda, Highland Electric Fleet and Plug Motors. Here is the list of Top 10 competitors of Electrada, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ridepanda 2020, San Francisco (United States), Series B | Online retailer platform offering multi-category electric vehicles | $23.9M | 59/100 | |
2nd | Highland Electric Fleet 2018, Ipswich (United States), Series D | Provider of dealership services for automotive electric vehicles | $478M | 52/100 | |
3rd | Plug Motors 2019, San Francisco (United States), Series A | Online marketplace facilitating the buying and selling of used electric vehicles | $20M | 47/100 | |
4th | Electrada 2020, Cincinnati (United States), Series B | Manufacturer of automotive electric vehicles | $33.9M | - | 46/100 |
5th | Michigan Economic Development 1997, Lansing (United States), Funding Raised | A foundation focused on economic development | - | 38/100 | |
6th | E-Biker.Net 2023, Sheridan (United States), Unfunded | Online retailer of electric bicycles | - | - | 32/100 |
7th | VORO 2016, Warrenville (United States), Unfunded | Online retailer of electric scooters & bikes | - | - | 29/100 |
8th | CCE Golf Cars 2004, Wareham (United States), Acquired | New England's premier golf cart and small vehicle distributor | - | 28/100 | |
9th | Vene Rides 2011, Miami Beach (United States), Seed | Online retailer offering multi-category electric vehicles | - | - | 27/100 |
10th | Ezeryders 2021, San Diego (United States), Unfunded | Online retailer of electric bikes, boards, parts, accessories, and rentals | - | - | 26/100 |
Looking for more details on Electrada's competitors? Click here to see the top ones
Electrada's Investments and acquisitions
Electrada has made no investments or acquisitions yet.
Reports related to Electrada
Here is the latest report on Electrada's sector:
News related to Electrada
Media has covered Electrada for a total of 2 events in the last 1 year.
•
Inspiration Mobility Group Acquires Electrada Assets to Scale End-to-End Electrification ServicesAutomotive Fleet•Jun 16, 2026•Inspiration, Electrada
•
Current Trucking Acquires Assets and Talent from ElectradaNew Jersey Business Magazine•Apr 20, 2026•Current Trucking, Electrada
•
Duke Energy, Electrada launch microgrid EV charging hub in North CarolinaTrucking Dive•Dec 03, 2024•Electrada, Duke Energy
•
•
Electrada and Holman Team to Launch Comprehensive Electrification ProgramBenzinga•Apr 30, 2024•Holman, Electrada, Redbulldistributioncompany
•
Daimler, Electrada Partner to Accelerate Fleet Electrificationngtnews.com•Oct 04, 2023•Electrada, Daimler Truck
•
Daimler Truck launches EV charging service in North Americaelectrive.com•Sep 28, 2023•Daimler Truck, Electrada
•
Electrada has filed a notice of an exempt offering of securities to raise $22,000,000.00 in New Equity Investment.intelligence360•May 24, 2023•Electrada
•
Holman and Electrada Announce Innovative Electric Mobility PartnershipPRWeb•Jan 20, 2022•holmanenterprises.com, Electrada
•
Surging Cincinnati startup raising $20M to fuel growth, adds to C-suiteThe Business Journals•Jul 20, 2021•Electrada
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