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Orange EV - About the company

Orange EV is a series A company based in Riverside (United States), founded in 2012 by Wayne Mathisen. It operates as a Manufacturer of electric terminal trucks, batteries, chargers, and on-site service. Orange EV has raised $35.2M in funding from investors like Wells Fargo, Missouri Technology and S2G Investments. The company has 78 active competitors, including 10 funded and 10 that have exited. Its top competitors include companies like A123 Systems, Moura and Octillion Power Systems.

Company Details

Manufacturer of electric terminal trucks, batteries, chargers, and on-site service. The company builds and sells heavy-duty electric vehicles. They offer terminal trucks designed for reliability and cost savings. The company also provides maintenance and repair services with mobile technicians.
Social
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Email ID
*****@OrangeEV.com
Registered Address
Riverside,Missouri
Key Metrics
Founded Year
2012
Location
Riverside, United States
Stage
Series A
Total Funding
$35.2M in 3 rounds
Investors
Ranked
Employee Count
293 as on Oct 31, 2026
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Orange EV's funding and investors

Orange EV has raised a total funding of $35.2M over 3 rounds. Its first funding round was on Sep 30, 2015. Its latest funding round was a Conventional Debt round on Aug 13, 2026 for $*****. 1 investor participated in its latest round. Orange EV has 3 institutional investors.

Here is the list of recent funding rounds of Orange EV:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 13, 2026
2504923
Conventional Debt
4438928
1539950
2877317
1539549
Aug 03, 2022
8731805
Series A
9631217
8134408
3483147
9479401
Sep 30, 2015
5817844
Seed
7612010
1273223
7278979
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Orange EV's founders and board of directors

Founder? Claim Profile
The founders of Orange EV is Wayne Mathisen. Wayne Mathisen is the CEO of Orange EV.
Here are the details of Orange EV's key team members:

Orange EV's Board of Directors

Orange EV's board has 5 active members. Wayne Mathisen, Christine Bolstad, Stephen Feilhauer, Tanya Burnell and Kurt Neutgens are independent board members.
Here is the list of Orange EV's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
4y 0m
pvqtaui
Independent board member
-
Current
8y 1m
bocffbv
Independent board member
-
Current
5y 1m
urfbhtd
Independent board member
-
Current
5y 2m
dogapjs
Independent board member
-
Current
2y 5m

Orange EV's employee count trend

Orange EV has 293 employees as of Oct 26. Here is Orange EV's employee count trend over the years:
Employee count trend for Orange EV
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Orange EV's Competitors and alternates

Top competitors of Orange EV include A123 Systems, Moura and Octillion Power Systems. Here is the list of Top 10 competitors of Orange EV, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for A123 Systems
A123 Systems
2001, Hangzhou (China), Public
Manufacturer of automotive lithium-ion batteries
$201M
76/100
2nd
Logo for Moura
Moura
1957, Belo Jardim (Brazil), Unfunded
Online platform offering batteries for electric vehicles
-
-
60/100
3rd
Logo for Octillion Power Systems
Octillion Power Systems
2009, Hayward (United States), Series F
Developer of Lithium Ion battery packs
$150M
59/100
4th
Logo for Orange EV
Orange EV
2012, Riverside (United States), Series A
Manufacturer of electric terminal trucks, batteries, chargers, and on-site service
$35.2M
59/100
5th
Logo for Pajarito Powder
Pajarito Powder
2012, Albuquerque (United States), Series B
Manufacturer of advanced catalysts for fuel cells and electrolyzer applications
$14.8M
56/100
6th
Logo for Ilika
Ilika
2004, Chilworth (United Kingdom), Public
Platform offering batteries for electric cars
-
56/100
7th
Logo for Symbio
Symbio
2010, Paris (France), Series B
Manufacturer of hydrogen fuel cell systems for mobility and industry
-
51/100
8th
Logo for One
One
2020, Novi (United States), Series B
Manufacturer of battery cells, modules, and energy storage systems
$390M
51/100
9th
Logo for Coulomb Litech
Coulomb Litech
2020, Mumbai (India), Seed
Manufacturer of battery technology and energy storage for electric vehicles
$2.85M
48/100
10th
Logo for Boston Power
Boston Power
2005, Westborough (United States), Series G
Provider of lithium-ion battery
$627M
47/100
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Orange EV's Investments and acquisitions

Orange EV has made no investments or acquisitions yet.

Reports related to Orange EV

Here is the latest report on Orange EV's sector:

News related to Orange EV

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Media has covered Orange EV for a total of 8 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
•
Orange EV Raises $100M in Credit FacilityFinSMEs•Aug 13, 2026•Wells Fargo, Orange EV
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