When was HEVO founded?

HEVO was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Where is HEVO located?

HEVO is headquartered in Brooklyn, United States.

Who is the current CEO of HEVO?

Jeremy McCool of HEVO. They have also founded 1 company.

How many employees does HEVO have?

As of Oct 08, 2025, the latest employee count at HEVO is 5.

Is HEVO a funded company?

HEVO is a funded company, having raised a total of $585K across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 01, 2013.

How much is HEVO worth?

The latest valuation of HEVO is $***** as of Oct 08, 2025. This marks a decline of 1% from its peak valuation of $60.6M in Sep, 2025. This marks a decline of 1% from its peak valuation of $60.6M in Sep, 2025.

When was the latest funding round of HEVO?

HEVO's latest funding was a $***** Seed round on Sep 24, 2021, with participation from 0 investor. Its primary sector is Electric Vehicles. In United States, the Electric Vehicles sector has seen $3.11B in funding in 2026 to date.

What is the annual revenue of HEVO?

Annual revenue of HEVO is less than $1M as on Dec 31, 2022

Where does HEVO rank among its competitors?

HEVO ranks 15th amongst 250 active competitors, of which 59 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Solace Power, which secured $10.3M in Feb, 2026.

Who are the top competitors of HEVO?

HEVO's top competitors include Energous, WiTricity and InductEV. Among them, Solace Power secured the most recent funding round in February, 2026.

HEVO - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of wireless charging solutions for electric vehicles. The company offers hardware and software-enabled wireless charging solutions for users. It develops wireless charging pads like power pads, vehicle pads, etc. Also, it offers cloud-enabled station management and mobile application for users. It offers features like digital dashboard, automated solutions, etc.

Website: hevo.com
Social

Key Metrics

Founded Year

2011

Location

Brooklyn, United States

Stage

Seed

Total Funding

$585K in 6 rounds

Latest Funding Round

Seed, Sep 24, 2021, $*****

Post Money Valuation

$***** as on Oct 08, 2025

Investors

Ulu Ventures & 8 more

Ranked

15^th among 250 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2022

Employee Count

5 as on Oct 08, 2025

Similar Companies

InductEV & 56 more

View HEVO's full profile

HEVO is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
HEVO Inc. CIN: 0001587317 , United States, Active		$0 - $1M (As on Dec 31, 2022)	9 (As on Oct 18, 2022)	-
HEVO INC CIN: 453988107 , United States, Active	Dec 31, 2010	-	-	-

HEVO has raised a total funding of $585K over 6 rounds. Its first funding round was on Jun 01, 2013. HEVO has 9 institutional investors.

Here is the list of recent funding rounds of HEVO:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 24, 2021	6748716	Seed	4981448	9026606	7405222	4347971
Nov 18, 2018	5565255	Seed	1455620	8185516	5084955	8704849
Jan 04, 2017	7695965	Grant (prize money)	9418704	8559037	9207955	Europa

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View details of HEVO's funding rounds and investors

The founders of HEVO is Jeremy McCool. Jeremy McCool is the CEO of HEVO.

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

Jeremy McCool: Founder & CEO of HEVO.
Contact Info: 1 email address

View details of HEVO's Founder profiles and Board Members

HEVO's employee count trend

HEVO has 5 employees as of Oct 25. Here is HEVO's employee count trend over the years:

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Top competitors of HEVO include Energous, WiTricity and InductEV. Here is the list of Top 10 competitors of HEVO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Energous 2012, San Jose (United States), Public	Provider of RF-based charging solutions	$5.5M	Herald Investment Management, MDB Capital ... & 2 others	66/100
2nd	WiTricity 2007, Watertown (United States), Series G	Magnetic resonance-based wireless charging solutions for electric vehicles	$146M	Foxconn Electronics, Future Shape & 19 others	62/100
3rd	InductEV 2011, Malvern (United States), Acquired	Provider of wireless charging solutions for transit and port fleet vehicles	$32.9M	Volvo Group, The Martin Group & 2 others	59/100
4th	ElectReon 1992, Tel Aviv Yafo (Israel), Public	Developer of wireless charging technology	-	Migdal Group, Psagot Investment House & 4 others	58/100
5th	Solace Power 2007, Mount Pearl (Canada), Series C	Offering wireless charging infrastructure using Resonant Capacitive coupling	$19.8M	Boeing, Lockheed Martin & 2 others	56/100
6th	Reach 2014, Redwood City (United States), Series B	Online platform offering wireless energy solutions	$39.1M	DCVC, Y Combinator & 15 others	56/100
7th	Ossia 2008, Bellevue (United States), Series C	Provider of wireless charging solution	$54.6M	KDDI Open Innovation Fund, ENEOS Group & 11 others	56/100
8th	Eggtronic 2012, Modena (Italy), Series B	Manufacturer of charging accessories	$30M	Rinkelberg Capital, European Investment Bank ... & 5 others	55/100
9th	Powermat 2006, Petah Tikva (Israel), Series B	Provider of induction-based wireless charging solutions	$108M	Hudson Clean Energy Partners, Goldman Sachs ... & 13 others	55/100
10th	Salcomp 1975, Salo (Finland), Acquired	Manufacturer of power supplies for electronic devices	-	AP6, Nordstjernan	54/100
15th	HEVO 2011, Brooklyn (United States), Seed	Provider of wireless charging solutions for electric vehicles	$585K	Ulu Ventures, Wexford Capital Partners & 7 others	46/100