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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

Social
Facebook
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
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
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Electrada's founders and board of directors

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Electrada's employee count trend

Electrada has 24 employees as of May 26. Here is Electrada's employee count trend over the years:
Employee count trend for Electrada
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ridepanda
Ridepanda
2020, San Francisco (United States), Series B
Online retailer platform offering multi-category electric vehicles
$23.9M
59/100
2nd
Logo for Highland Electric Fleet
Highland Electric Fleet
2018, Ipswich (United States), Series D
Provider of dealership services for automotive electric vehicles
$478M
52/100
3rd
Logo for Plug Motors
Plug Motors
2019, San Francisco (United States), Series A
Online marketplace facilitating the buying and selling of used electric vehicles
$20M
47/100
4th
Logo for Electrada
Electrada
2020, Cincinnati (United States), Series B
Manufacturer of automotive electric vehicles
$33.9M
-
46/100
5th
Logo for Michigan Economic Development
Michigan Economic Development
1997, Lansing (United States), Funding Raised
A foundation focused on economic development
-
38/100
6th
Logo for E-Biker.Net
E-Biker.Net
2023, Sheridan (United States), Unfunded
Online retailer of electric bicycles
-
-
32/100
7th
Logo for VORO
VORO
2016, Warrenville (United States), Unfunded
Online retailer of electric scooters & bikes
-
-
29/100
8th
Logo for CCE Golf Cars
CCE Golf Cars
2004, Wareham (United States), Acquired
New England's premier golf cart and small vehicle distributor
-
28/100
9th
Logo for Vene Rides
Vene Rides
2011, Miami Beach (United States), Seed
Online retailer offering multi-category electric vehicles
-
-
27/100
10th
Logo for Ezeryders
Ezeryders
2021, San Diego (United States), Unfunded
Online retailer of electric bikes, boards, parts, accessories, and rentals
-
-
26/100
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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.
•
Current Trucking Acquires Assets and Talent from ElectradaNew Jersey Business Magazine•Apr 20, 2026•Current Trucking, Electrada
•
Surging Cincinnati startup raising $20M to fuel growth, adds to C-suiteThe Business Journals•Jul 20, 2021•Electrada
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