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 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.

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.

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 17th amongst 243 active competitors, of which 57 are funded. It stands 10th 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 Ossia, Energous and Wi-Charge. Among them, Solace Power secured the most recent funding round in February, 2026.

HEVO - 2026 Company Profile, 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
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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

17^th among 243 active competitors

Annual Revenue

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

Employee Count

5 as on Oct 08, 2025

Similar Companies

InductEV & 53 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		$0 - $1M (As on Dec 31, 2022)	9 (As on Oct 18, 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	7349643	Seed	5086193	5523825	6691028	1361376
Nov 18, 2018	4067394	Seed	7499296	5508436	2337156	4128581
Jan 04, 2017	2896188	Grant (prize money)	4949494	6602663	9479620	Europa

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View details of HEVO's funding rounds and investors

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 Ossia, Energous and Wi-Charge. 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	Energous 2012, San Jose (United States), Public	Provider of RF-based charging solutions	$5.5M	Herald Investment Management, MDB Capital ... & 2 others	66/100
3rd	Wi-Charge 2010, Rehovot (Israel), Series C	Offering optical wireless charging solutions	$23M	Standard Industries, Keter Holdings & 23 others	63/100
4th	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
5th	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
6th	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
7th	ElectReon 1992, Tel Aviv Yafo (Israel), Public	Developer of wireless charging technology	-	Psagot Investment House, Migdal Group & 4 others	56/100
8th	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	55/100
9th	GuRu 2017, Pasadena (United States), Series A	Provider of wireless charging solutions	$15M	Bold Capital Partners, Kairos Ventures & 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
17th	HEVO 2011, Brooklyn (United States), Seed	Provider of wireless charging solutions for electric vehicles	$585K	Ulu Ventures, Wexford Capital Partners & 7 others	42/100