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.

How many employees does HEVO have?

As of Mar 31, 2026, the latest employee count at HEVO is 44.

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.

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.

Where does HEVO rank among its competitors?

HEVO ranks 12th amongst 242 active competitors, of which 56 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Wi-Charge, which secured $20M in May, 2025.

Who are the top competitors of HEVO?

HEVO's top competitors include Ossia, Wi-Charge and Energous. Among them, Wi-Charge secured the most recent funding round in May, 2025.

HEVO - 2026 Company Profile, Funding & Competitors

HEVO is a seed company based in Brooklyn (United States), founded in 2011. It operates as a Provider of wireless charging solutions for electric vehicles. HEVO has raised $585K in funding from Ulu Ventures, with a current valuation of $*****. The company has 242 active competitors, including 56 funded and 10 that have exited. Its top competitors include companies like Ossia, Wi-Charge and Energous.

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
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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

12^th among 242 active competitors

Employee Count

44 as on Mar 31, 2026

Similar Companies

Wiferion & 52 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	Documents
HEVO INC CIN: 453988107 , United States, Active	Dec 31, 2010	-	-	-
HEVO Inc. CIN: 0001587317 , United States, Active		$69.8K (As on Dec 31, 2022)	-	-

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	8794725	Seed	2305628	3956434	5076628	8205652
Nov 18, 2018	3882128	Seed	9950583	2126578	5709410	2939164
Jan 04, 2017	9501289	Grant (prize money)	9537190	3076992	5923592	Europa

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View details of HEVO's funding rounds and investors

HEVO's employee count trend

HEVO has 44 employees as of Mar 26. Here is HEVO's employee count trend over the years:

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Top competitors of HEVO include Ossia, Wi-Charge and Energous. 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	Ossia 2008, Bellevue (United States), Series C	Provider of wireless charging solution	$54.6M	KDDI Open Innovation Fund, ENEOS Group & 11 others	68/100
2nd	Wi-Charge 2010, Rehovot (Israel), Series C	Offering optical wireless charging solutions	$23M	Standard Industries, Keter Holdings & 23 others	61/100
3rd	Energous 2012, San Jose (United States), Public	Provider of RF-based charging solutions	$5.5M	Herald Investment Management, MDB Capital ... & 2 others	59/100
4th	ElectReon 1992, Tel Aviv Yafo (Israel), Public	Developer of wireless charging technology	-	Psagot Investment House, Migdal Group & 4 others	59/100
5th	Wiferion 2016, Freiburg im Breisgau (Germany), Acquired	Developer of wireless charging system for EV charging stations	$6.8M	Nordic Alpha Partners, HTGF & 7 others	58/100
6th	WiBotic 2015, Seattle (United States), Series A	Provider of wireless charging solutions for industrial robots	$13.5M	SV Tech Ventures, The W Fund & 9 others	54/100
7th	GuRu 2017, Pasadena (United States), Series A	Provider of wireless charging solutions	$15M	Bold Capital Partners, Kairos Ventures & 2 others	54/100
8th	Salcomp 1975, Salo (Finland), Acquired	Manufacturer of power supplies for electronic devices	-	AP6, Nordstjernan	53/100
9th	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	53/100
10th	Powermat 2006, Petah Tikva (Israel), Series B	Provider of induction-based wireless charging solutions	$108M	Hudson Clean Energy Partners, Goldman Sachs ... & 13 others	52/100
12th	HEVO 2011, Brooklyn (United States), Seed	Provider of wireless charging solutions for electric vehicles	$585K	Ulu Ventures, Wexford Capital Partners & 7 others	51/100