When was Proterra founded?

Proterra was founded in 2004 and raised its 1st funding round 6 years after it was founded.

Where is Proterra located?

Proterra is headquartered in Burlingame, United States. It is registered at Greenville, South Carolina.

Who is the current CEO of Proterra?

Christopher Bailey of Proterra.

How many employees does Proterra have?

As of Mar 31, 2026, the latest employee count at Proterra is 423.

Is Proterra a funded company?

Proterra is a funded company, having raised a total of $858M across 19 funding rounds to date. The company's 1st funding round was a $41.1M Series B round, raised on May 13, 2010.

When was the latest funding round of Proterra?

Proterra's latest funding was a $200M Series H round on Oct 15, 2020, with participation from 3 investors.

What is the annual revenue of Proterra?

Annual revenue of Proterra is $309M as on Dec 31, 2022.

Is Proterra a Electric Vehicles company?

The primary sector of Proterra is Electric Vehicles.

Where does Proterra rank among its competitors?

Proterra ranks 1st amongst 157 active competitors, of which 13 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Qucev, which secured $15M in Dec, 2025.

Who are the top competitors of Proterra?

Proterra's top competitors include EKA, Mullen Technologies and PMI Electro Mobility. Among them, Qucev secured the most recent funding round in December, 2025.

Proterra - 2026 Company Profile, Team, Funding & Competitors

Proterra is a public company based in Burlingame (United States), founded in 2004 by Dale Hill and Jeff Granato. It operates as a Manufacturer of battery systems for electric vehicles and commercial equipment. Proterra has raised $858M in funding from investors like GM Ventures, Kleiner Perkins and Mitsui Global Investment. The company has 157 active competitors, including 13 funded and 23 that have exited. Its top competitors include companies like EKA, Mullen Technologies and PMI Electro Mobility.

Sectors and market segments that Proterra operate in

Proterra serves in the Energy Tech, Auto Tech market segments.The primary business model of Proterra are:

Company Details

Manufacturer of battery systems for electric vehicles and commercial equipment. The company provides battery solutions for heavy-duty trucks, commercial transit, school buses, and off-highway equipment. Batteries are designed with safety features, durable enclosures, and scalable platforms. The company offers engineering expertise, vehicle integration, and servicing for original equipment manufacturers.

Website: proterra.com
Social
Phone Number: +1 **********
Registered Address: Greenville, South Carolina

Key Metrics

Founded Year

2004

Location

Burlingame, United States

Stage

Public

Total Funding

$858M in 19 rounds

Latest Funding Round

Series H, Oct 15, 2020, $200M

Investors

GM Ventures & 39 more

Ranked

1^st among 157 active competitors

Annual Revenue

$309M as on Dec 31, 2022

Employee Count

423 as on Mar 31, 2026

Investment & Acquisitions

Volta Trucks & 1 more

Similar Companies

PMI Electro Mobility & 72 more

Exit Details

Public

View Proterra's full profile

Proterra is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Proterra Powered Llc CIN: 219879293 , United States, Active	Dec 01, 2023	-	-	-
Proterra Inc CIN: 271878459 , United States, Active	Dec 31, 1999	$309M (As on Dec 31, 2022)	699 (As on Dec 31, 2023)	-
PROTERRA ApS CIN: 26110637 , Denmark, Active	Jun 30, 2001	-	-
ARCLIGHT CLEAN TRANSITION CORP. CIN: 1820630 , United States, Active		$309M (As on Dec 31, 2022)	-	-

Proterra got listed on Nov 27, 2020.

Click here to take a look at Proterra's IPO in detail

Proterra has raised a total funding of $858M over 19 rounds. Its first funding round was on May 13, 2010. Its latest funding round was a Series H round on Oct 15, 2020 for $200M. 3 investors participated in its latest round. Proterra has 40 institutional investors.

Here is the list of recent funding rounds of Proterra:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 15, 2020	$200M	Series H	$1.1B	-	Cowen	Generation Investment Management, Broadscale Group
Apr 2020	Undisclosed	Conventional Debt	-	-	-	Small Business Administration
Sep 19, 2018	$155M	Series G	-	-	Mercedes-Benz, Tao Capital Partners	G2 Venture Partners

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View details of Proterra's funding rounds and investors

The founders of Proterra are Dale Hill and Jeff Granato. Christopher Bailey is the CEO of Proterra.

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

Dale Hill: Co-Founder of Proterra.
Jeff Granato: Former Co-Founder of Proterra.
Christopher Bailey: CEO of Proterra.

View details of Proterra's Founder profiles and Board Members

Proterra's employee count trend

Proterra has 423 employees as of Mar 26. Here is Proterra's employee count trend over the years:

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Top competitors of Proterra include EKA, Mullen Technologies and PMI Electro Mobility. Here is the list of Top 10 competitors of Proterra, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Proterra 2004, Burlingame (United States), Public	Manufacturer of battery systems for electric vehicles and commercial equipment	$858M	Section Partners, Generation Investment Management ... & 38 others	77/100
2nd	EKA 2019, Pune (India), Series A	Platform offering electric commercial vehicles including trucks, buses, and small carriers	$179M	Mitsui, Enam Holdings & 6 others	72/100
3rd	Mullen Technologies 2012, La Habra (United States), Public	Manufacturer of Class 1-4 commercial electric vehicles and chassis cabs	$2M	Capital Q Ventures, Small Business Administration ... & 2 others	66/100
4th	PMI Electro Mobility 2017, Gurugram (India), Series C	Electric bus manufacturer and e-mobility solutions provider focused on designing and producing battery-electric buses for urban and intercity public transport	$89.2M	Authum, Piramal Group & 54 others	65/100
5th	Olectra 2000, Hyderabad (India), Public	Developer of electric bus	-	KPitalism	63/100
6th	Qucev 2022, Hyderabad (India), Series B	Platform offering electric commercial vehicles	$19.1M	Singularity AMC, Barclays & 8 others	62/100
7th	Lightning eMotors 2008, Loveland (United States), Public	SaaS-based management solutions for EV charging station operators	$56.5M	BP Ventures, Castrol InnoVentures & 7 others	58/100
8th	Ebusco 2010, Deurne (Netherlands), Public	Manufacturer of electric buses and energy storage systems for transport	-	-	58/100
9th	The Lion Electric 2008, Saint Jerome (Canada), Public	Manufacturer of all-electric school buses and related electric vehicle services	-	Canada Economic Development, Fondaction & 6 others	58/100
10th	Arrival 2015, London (United Kingdom), Deadpooled	Manufacturer of multi-category commercial electric vehicles	$111M	Hyundai Motor Company, Kia & 10 others	56/100