When was Indigo founded?

Indigo was founded in 2010 and raised its 1st funding round 14 years after it was founded.

Where is Indigo located?

Indigo is headquartered in Cambridge, United States. It is registered at Leesburg, Virginia.

Who is the current CEO of Indigo?

Will Graylin of Indigo. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Indigo have?

As of Sep 30, 2026, the latest employee count at Indigo is 84.

Is Indigo a funded company?

Indigo is a funded company, having raised a total of $54M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 26, 2024.

When was the latest funding round of Indigo?

Indigo's latest funding was a $***** Series B round on Apr 29, 2025, with participation from 3 investors.

Where does Indigo rank among its competitors?

Indigo ranks 4th amongst 68 active competitors, of which 9 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Odyne Systems, which secured $2.15M in May, 2025.

Who are the top competitors of Indigo?

Indigo's top competitors include Sono Motors, Odyne Systems and Punch Powertrain. Among them, Odyne Systems secured the most recent funding round in May, 2025.

Indigo - 2026 Company Profile, Team, Funding & Competitors

Company Details

Indigo Technologies develops an in-wheel motor for electric and autonomous vehicles. It provides an all-in-one wheel called traction T1. The motor in the wheel that replaces engines, differentials, driveshafts, brake lines, dampers, etc of traditional vehicles. It reduces the suspension and provides a smooth ride, eliminates the motors and axels in the vehicle layout and improves the cabin space of the vehicle. Also, it provides a safer ride to the passenger.

Website: indigotech.com
Email ID: *****@indigotech.com
Phone Number: +1 **********
Registered Address: Leesburg, Virginia

Key Metrics

Founded Year

2010

Location

Cambridge, United States

Stage

Series B

Total Funding

$54M in 2 rounds

Latest Funding Round

Series B, Apr 29, 2025, $*****

Investors

Foxconn Electronics & 7 more

Ranked

4^th among 68 active competitors

Employee Count

84 as on Sep 30, 2026

Similar Companies

Sono Motors & 100 more

View Indigo's full profile

Indigo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
INDIGO TECHNOLOGY INC. CIN: 201789562 , United States, Active	Dec 26, 999	-	3 (As on Dec 31, 2017)	-

Indigo has raised a total funding of $54M over 2 rounds. Its first funding round was on Mar 26, 2024. Its latest funding round was a Series B round on Apr 29, 2025 for $*****. 3 investors participated in its latest round. Indigo has 8 institutional investors.

Here is the list of recent funding rounds of Indigo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2025	8933639	Series B	5755627	9452248	5905432	8247899
Mar 26, 2024	4061975	Seed	1771897	3525979	Foxconn Electronics	5566521

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View details of Indigo's funding rounds and investors

The founders of Indigo is Ian Hunter. Will Graylin is the CEO of Indigo.

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

Ian Hunter: Founder of Indigo.
Contact Info: 1 email address
Will Graylin: Founder & CEO of Indigo. They are also an angel investor in 1 startup.
Contact Info: 1 email address

Indigo's Board of Directors

Indigo's board has 3 active members. Erad Fridman, Ena Zheng and Alexander John Ross are independent board members.

Here is the list of Indigo's board of directors:

Name	Type	Representing	Status	Duration
Erad Fridman	Independent board member	-	Current	7y 6m
hx{lpib	Independent board member	-	Current	5y 8m
swazzok	Independent board member	-	Current	8y 3m

View details of Indigo's Founder profiles and Board Members

Indigo's employee count trend

Indigo has 84 employees as of Sep 26. Here is Indigo's employee count trend over the years:

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Top competitors of Indigo include Sono Motors, Odyne Systems and Punch Powertrain. Here is the list of Top 10 competitors of Indigo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sono Motors 2013, Munich (Germany), Public	Developer of solar solutions for vehicle original equipment manufacturers	$120M	Swedbank, Wi Venture & 5 others	67/100
2nd	Odyne Systems 2009, Pewaukee (United States), Series A	Electrification solutions for work trucks, reducing emissions and fuel costs	$8M	Johnson Controls, Allison Transmission & 4 others	58/100
3rd	Punch Powertrain 1972, Sint Truiden (Belgium), Acquired	Manufacturer of powertrains for electric vehicles	$42.2M	Capricorn Partners, LRM & 3 others	58/100
4th	Indigo 2010, Cambridge (United States), Series B	In-wheel motor for electric and autonomous vehicle	$54M	Foxconn Electronics, FM Capital & 6 others	57/100
5th	Motiv 2009, Foster City (United States), Series B	Platform offering electric powertrains for medium and heavy-duty vehicles	$95M	GMAG Holdings Corp, Winnebago Industries & 7 others	46/100
6th	Rimac Technology 2019, Sveta Nedelja (Croatia), Unfunded	Developer of multi-category EV components	-	-	46/100
7th	Robert Bosch 2014, Gerlingen (Germany), Unfunded	Provider of electric mobility & connected vehicle solutions	-	-	41/100
8th	Inventev 2011, Detroit (United States), Seed	Commercializing export power for electrified trucks, enhancing grid resilience and remote power	$225K	Michigan Economic Development, ARPA-E & 2 others	40/100
9th	Olympian Motors 2021, Beverly Hills (United States), Seed	Manufacturer of modular electric vehicles and drivetrain systems for automotive use	$500K	Y Combinator, Climate Capital	39/100
10th	hofer powertrain 1980, Nurtingen (Germany), Unfunded	Developer of powertrain system for electric vehicles	-	-	37/100