When was Electrada founded?

Electrada was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Electrada located?

Electrada is headquartered in Cincinnati, United States.

How many employees does Electrada have?

As of Apr 30, 2026, the latest employee count at Electrada is 24.

Is Electrada a funded company?

Electrada is a funded company, having raised a total of $33.9M across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Mar 2021.

When was the latest funding round of Electrada?

Electrada's latest funding was a $***** Series B round on May 15, 2023, with participation from 0 investor.

Where does Electrada rank among its competitors?

Electrada ranks 4th amongst 90 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Ridepanda, which secured $12.6M in Mar, 2026.

Who are the top competitors of Electrada?

Electrada's top competitors include Ridepanda, Highland Electric Fleet and Plug Motors. Among them, Ridepanda secured the most recent funding round in March, 2026.

Electrada - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: electrada.com
Social
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

Series B, May 15, 2023, $*****

Ranked

4^th among 90 active competitors

Employee Count

24 as on Apr 30, 2026

Similar Companies

Highland Electric Fleet & 358 more

View Electrada's full profile

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	2596863	Series B	6109764	4417847	8463779	1206929
Jul 20, 2021	8314088	Seed	5875501	3972017	8289831	8747751
Mar 2021	5749512	Grant (prize money)	9443027	5319817	6061408	5895436

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View details of Electrada's funding rounds and investors

Electrada's employee count trend

Electrada has 24 employees as of Apr 26. Here is Electrada's employee count trend over the years:

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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:

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	$23.8M	Blackhorn Ventures, Yamaha Motor Ventures ... & 15 others	64/100
2nd	Highland Electric Fleet 2018, Ipswich (United States), Series D	Provider of dealership services for automotive electric vehicles	$403M	Vision Ridge Partners, Fontinalis Partners ... & 2 others	56/100
3rd	Plug Motors 2019, San Francisco (United States), Series A	Online marketplace facilitating the buying and selling of used electric vehicles	$20M	Lightspeed Venture Partners, Autotech Ventures ... & 3 others	43/100
4th	Electrada 2020, Cincinnati (United States), Series B	Manufacturer of automotive electric vehicles	$33.9M	-	50/100
5th	E-Biker.Net 2023, Sheridan (United States), Unfunded	Online retailer of electric bicycles	-	-	35/100
6th	Michigan Economic Development 1997, Lansing (United States), Funding Raised	A foundation focused on economic development	-	National Science Foundation, OSTI & 6 others	34/100
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	-	Gladstone Investment, The Mustang Group	28/100
9th	GEM Vehicles 1998, Anaheim (United States), Acquired	Provider of automotive electrical vehicles	-	-	28/100
10th	Vene Rides 2011, Miami Beach (United States), Seed	Online retailer offering multi-category electric vehicles	-	-	28/100