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 Aug 31, 2026, the latest employee count at Proterra is 420.

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. Its primary sector is Electric Vehicles. In United States, the Electric Vehicles sector has seen $3.34B in funding in 2026 to date.

What is the annual revenue of Proterra?

Annual revenue of Proterra is between $100M and $500M as on Dec 31, 2022

Is Proterra a Electric Vehicles company?

The primary sectors of Proterra are Electric Vehicles and Energy Storage Tech.

Where does Proterra rank among its competitors?

Proterra ranks 2nd amongst 651 active competitors, of which 77 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Harbinger Motors, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Proterra?

Proterra's top competitors include A123 Systems, EKA and QuantumScape. Among them, Harbinger Motors secured the most recent funding round in June, 2026.

Proterra - 2026 Company Profile, Team, Funding, Competitors & Financials

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 heavy duty and commercial vehicles. The company provides energy storage solutions for various transportation sectors, including transit, school, and specialty vehicles, as well as off-highway, mining, and maritime equipment. Offerings include battery pack engineering, integration services, aftermarket parts, and technical support to assist manufacturers in transitioning to zero-emission operations. Battery configurations are designed to provide energy density and scalability for diverse industrial and transport applications.

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

2^nd among 651 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2022

Employee Count

420 as on Aug 31, 2026

Investment & Acquisitions

Volta Trucks & 1 more

Similar Companies

SES Technologies & 260 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 ApS CIN: 26110637 , Denmark, Active	Jun 30, 2001	-	-
Proterra Inc CIN: 1820630 , United States, Active		$100M - $500M (As on Dec 31, 2022)	-	-
Proterra Inc CIN: 271878459 , United States, Active	Dec 31, 1999	$100M - $500M (As on Dec 31, 2022)	699 (As on Dec 31, 2023)	-

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	-	-	-	U.S. 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 420 employees as of Aug 26. Here is Proterra's employee count trend over the years:

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Top competitors of Proterra include A123 Systems, EKA and QuantumScape. 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	A123 Systems 2001, Hangzhou (China), Public	Manufacturer of automotive lithium-ion batteries	$201M	General Electric, Qualcomm Ventures & 19 others	76/100
2nd	Proterra 2004, Burlingame (United States), Public	Manufacturer of battery systems for heavy duty and commercial vehicles	$858M	Section Partners, Generation Investment Management ... & 38 others	76/100
3rd	EKA 2019, Pune (India), Series A	Manufacturer of electric buses trucks and small commercial transport vehicles	$179M	Mitsui, NIIF & 6 others	75/100
4th	QuantumScape 2010, San Jose (United States), Public	Developer of solid-state lithium-metal battery technology for electric vehicle applications	$1B	Volkswagen Group, Toyota Motor & 16 others	73/100
5th	SES Technologies 2012, Woburn (United States), Public	Developer of Li-Metal batteries and AI-powered battery management solutions	$336M	Temasek, Applied Materials & 16 others	72/100
6th	Neuron Energy 2018, Mumbai (India), Series A	Manufacturer of lithium-ion batteries for electric vehicles and energy storage	$9.61M	Equanimity Investments, Chona Family Office ... & 53 others	69/100
7th	Emo Energy 2022, Bengaluru (India), Series A	Provider of energy management systems integrating battery technology and charging hardware	$14.1M	Subhkam Ventures, Gruhas & 49 others	67/100
8th	Contemporary Amperex Technology 2011, Ningde (China), Public	Manufacturer of battery systems for electric vehicles and energy storage	-	Fortera Capital, Strait Huifu Industrial Investment Fund Management ... & 18 others	67/100
9th	Harbinger Motors 2021, Gardena (United States), Series C	Manufacturer of medium duty electric and hybrid commercial vehicle platforms	$363M	Capricorn, Thor Industries & 23 others	66/100
10th	SK On 2021, Seoul (South Korea), Series E	Provider of energy and chemical products, including batteries and lubricants	$1.73B	MBK Partners, Korea Investment Holdings & 3 others	66/100