When was EVUM Motors founded?

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

Where is EVUM Motors located?

EVUM Motors is headquartered in Munich, Germany.

Which legal entities is EVUM Motors associated with?

EVUM Motors is associated with Evum Motors Gmbh.

How many employees does EVUM Motors have?

As of May 31, 2026, the latest employee count at EVUM Motors is 27.

Is EVUM Motors a funded company?

EVUM Motors is a funded company, having raised a total of $43.4M across 5 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Sep 23, 2020.

When was the latest funding round of EVUM Motors?

EVUM Motors' latest funding was a $***** Series B round on Dec 12, 2023, with participation from 2 investors.

Where does EVUM Motors rank among its competitors?

EVUM Motors ranks 6th amongst 13 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Rivian, which secured $1B in Jun, 2025.

Who are the top competitors of EVUM Motors?

EVUM Motors' top competitors include Rivian, Telo Trucks and Lordstown Motors. Among them, Rivian secured the most recent funding round in June, 2025.

EVUM Motors - 2026 Company Profile, Team, Funding, Competitors & Financials

EVUM Motors is a series B company based in Munich (Germany), founded in 2017 by Sascha Koberstaedt and Martin Soltes. It operates as a Dealer of cars. EVUM Motors has raised $43.4M in funding from Bayern Kapital and Jolt Capital. The company has 13 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like Rivian, Telo Trucks and Lordstown Motors.

Company Details

Dealer of cars. The platform enables users to book vehicles by providing location, user details, vehicle details, payment details, and more.

Website: evum-motors.com
Social
Email ID: *****@evum-motors.com
Phone Number: +49 **********

Key Metrics

Founded Year

2017

Location

Munich, Germany

Stage

Series B

Total Funding

$43.4M in 5 rounds

Latest Funding Round

Series B, Dec 12, 2023, $*****

Investors

Bayern Kapital & 9 more

Ranked

6^th among 13 active competitors

Employee Count

27 as on May 31, 2026

Similar Companies

Rivian & 12 more

View EVUM Motors' full profile

EVUM Motors is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Evum Motors Gmbh CIN: HRB235385 , Germany, Active	Aug 23, 2017	-	52 (As on Dec 31, 2021)

EVUM Motors has raised a total funding of $43.4M over 5 rounds. Its first funding round was on Sep 23, 2020. Its latest funding round was a Series B round on Dec 12, 2023 for $*****. 2 investors participated in its latest round. EVUM Motors has 7 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of EVUM Motors:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 12, 2023	5264270	Series B	9015000	2470244	2996893	1756748
Jun 06, 2023	6563886	Conventional Debt	3322807	2361322	7193901	UniCredit
Sep 19, 2022	9960953	Conventional Debt	6265895	7719234	2765729	European Investment Bank

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View details of EVUM Motors's funding rounds and investors

The founders of EVUM Motors are Sascha Koberstaedt and Martin Soltes.

Here are the details of EVUM Motors' key team members:

Sascha Koberstaedt: Co-Founder & Managing Director of EVUM Motors and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Martin Soltes: Co-Founder of EVUM Motors.

EVUM Motors' Board of Directors

EVUM Motors's board has 2 active members. Sascha Koberstaedt and Lothar Holder are part of team.

Here is the list of EVUM Motors' board of directors:

Name	Type	Representing	Status	Duration
Sascha Koberstaedt	Team	-	Current	8y 9m
qeesgbq	Team	-	Past	2y 7m
iulmttq	Team	-	Current	3y 9m

View details of EVUM Motors's Founder profiles and Board Members

EVUM Motors' employee count trend

EVUM Motors has 27 employees as of May 26. Here is EVUM Motors's employee count trend over the years:

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Top competitors of EVUM Motors include Rivian, Telo Trucks and Lordstown Motors. Here is the list of Top 10 competitors of EVUM Motors, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rivian 2009, Irvine (United States), Public	Manufacturer of off-road electric pickup trucks for adventure	$10.5B	T. Rowe Price, Ford & 35 others	78/100
2nd	Telo Trucks 2023, San Carlos (United States), Series A	Manufacturer of electric trucks	$7.18M	Neo, GoAhead Ventures & 4 others	60/100
3rd	Lordstown Motors 2019, Youngstown (United States), Public	Manufacturer of electric pickup trucks	-	Foxconn Electronics, Luxor Capital Group & 2 others	58/100
4th	Bollinger Motors 2014, Oak Park (United States), Acquired	Platform offering on electric trucks and utility vehicles	-	State of Michigan	50/100
5th	Atlis Motor Vehicles 2016, Phoenix (United States), Public	Developer of electric pickup trucks	$1.86M	endInSight, Commodity Project	42/100
6th	EVUM Motors 2017, Munich (Germany), Series B	Dealer of cars	$43.4M	European Investment Bank, UniCredit & 8 others	42/100
7th	EdisonFuture 2020, Anaheim (United States), Unfunded	Manufacturer of solar-powered electric trucks and vans	-	-	37/100
8th	Hercules 2018, Farmington (United States), Series A	Developer of electric pickup trucks	$20M	CMD Global Partners	33/100
9th	Voltu 2011, Sunnyvale (United States), Unfunded	Developer of electric vehicle powertrains and related energy storage systems	-	-	29/100
10th	Kaiyun Motors 2015, Xingtai (China), Series A	Brand of commercial vehicles	-	Panda Capital, HIT Robot Group	25/100