Highland Electric Fleet - About the company
Highland Electric Fleet is a series D company based in Ipswich (United States), founded in 2018. It operates as a Provider of dealership services for automotive electric vehicles. Highland Electric Fleet has raised $478M in funding from Vision Ridge Partners. The company has 102 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Ridepanda, Electrada and Plug Motors.
Company Details
- Website
- highlandfleets.com
- Email ID
- *****@highlandet.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2018
Location
Ipswich, United States
Stage
Series D
Total Funding
$478M in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 102 active competitors
Employee Count
165 as on Sep 30, 2026
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Highland Electric Fleet's funding and investors
Highland Electric Fleet has raised a total funding of $478M over 5 rounds. Its first funding round was on Feb 16, 2021. Its latest funding round was a Series D round on Jun 02, 2026 for $*****. 1 investor participated in its latest round. Highland Electric Fleet has 5 institutional investors.
Here is the list of recent funding rounds of Highland Electric Fleet:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 02, 2026 | 8244416 | Series D | 1997111 | 6231801 | 7426980 | 4580665 |
Dec 10, 2025 | 3310450 | Series D | 2793861 | 7149689 | 8735712 | |
Oct 29, 2025 | 4901996 | Grant (prize money) | 5300087 | 4022551 | 3954561 |
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Highland Electric Fleet's founders and board of directors
Founder? Claim ProfileHighland Electric Fleet's employee count trend
Highland Electric Fleet has 165 employees as of Sep 26. Here is Highland Electric Fleet's employee count trend over the years:
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Highland Electric Fleet's Competitors and alternates
Top competitors of Highland Electric Fleet include Ridepanda, Electrada and Plug Motors. Here is the list of Top 10 competitors of Highland Electric Fleet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ridepanda 2020, San Francisco (United States), Series B | Online retailer platform offering multi-category electric vehicles | $23.9M | 59/100 | |
2nd |  Highland Electric Fleet 2018, Ipswich (United States), Series D | Provider of dealership services for automotive electric vehicles | $478M | 52/100 | |
3rd |  Electrada 2020, Cincinnati (United States), Series B | Manufacturer of automotive electric vehicles | $33.9M | - | 50/100 |
4th |  Plug Motors 2019, San Francisco (United States), Series A | Online marketplace facilitating the buying and selling of used electric vehicles | $20M | 46/100 | |
5th |  Michigan Economic Development 1997, Lansing (United States), Funding Raised | A foundation focused on economic development | - | 38/100 | |
6th | E-Biker.Net 2023, Sheridan (United States), Unfunded | Online retailer of electric bicycles | - | - | 33/100 |
7th | VORO 2016, Warrenville (United States), Unfunded | Online retailer of electric scooters & bikes | - | - | 29/100 |
8th | CCE Golf Cars 2004, Wareham (United States), Acquired | New England's premier golf cart and small vehicle distributor | - | 28/100 | |
9th |  Vene Rides 2011, Miami Beach (United States), Seed | Online retailer offering multi-category electric vehicles | - | - | 26/100 |
10th | Ezeryders 2021, San Diego (United States), Unfunded | Online retailer of electric bikes, boards, parts, accessories, and rentals | - | - | 25/100 |
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Highland Electric Fleet's Investments and acquisitions
Highland Electric Fleet has made no investments or acquisitions yet.
Reports related to Highland Electric Fleet
Here is the latest report on Highland Electric Fleet's sector:
News related to Highland Electric Fleet
Filter this listMedia has covered Highland Electric Fleet for a total of 6 events in the last 1 year, 3 of them have been about company updates.
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Dad's Health Hazard Discovery Leads to $50M Business for Electric School BusesEntrepreneur•Sep 23, 2026•Highland Electric Fleet
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Highland Electric Fleets Raises $75 Million to Scale Electric School Bus ExpansionVentureburn•Jun 02, 2026•Highland Electric Fleet
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Rio Bravo-Greeley Union School District to Break Ground on Electric School Bus ProjectPR Newswire•May 06, 2026•Rio Bravo-Greeley Union School District, Highland Electric Fleet, Blue Bird
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Highland Electric Fleets Secures $150 Million from Aiga Capital Partners for ExpansionMiningstockeducation•Dec 10, 2025•Aiga Capital, Highland Electric Fleet, Latham & Watkins
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Darcy Partners Announces Top Energy Transition Innovators of 2024PR Newswire•Feb 25, 2025•Darcy Partners, Beam Global, dcbel, FlexCharging and 36 others
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U.S. Department of Energy Awards Highland Electric Fleets’ Project Approximately $10.9 Million in Cost-share Funding to Accelerate Vehicle-to-Grid ServicesMiningstockeducation•Oct 18, 2024•Highland Electric Fleet, DOE
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Highland Electric Fleets and GRID Alternatives Partner on Workforce Development and Training Program for Electric School Bus OperationsCNW•Oct 10, 2024•Highland Electric Fleet, GRID Alternatives
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Highland Named One Of TIME’s Most Influential CompaniesAftermarket News•May 31, 2024•Highland Electric Fleet
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Highland Electric Fleets Scales School Bus Electrification as EPA Announces Latest Funding for the Clean School Bus ProgramPR Newswire•May 29, 2024•Highland Electric Fleet
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CIB to lend Highland Electric up to $50 million to expand electric school bus fleet in CanadaCNW•May 08, 2024•Highland Electric Fleet, Canada Infrastructure Bank
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