When was Strutt founded?

Strutt was founded in 2023 and raised its 1st funding round 3 years after it was founded.

Where is Strutt located?

Strutt is headquartered in Seattle, United States.

Is Strutt a funded company?

Strutt is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 2026.

When was the latest funding round of Strutt?

Strutt's latest funding was a $***** Seed round on Aug 2026, with participation from 0 investor.

Where does Strutt rank among its competitors?

Strutt ranks 15th amongst 18 active competitors, of which 9 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Applied EV, which secured $40M in Jan, 2026.

Who are the top competitors of Strutt?

Strutt's top competitors include Applied EV, LEEKR and REE. Among them, Strutt secured the most recent funding round in August, 2026.

Strutt - 2026 Company Profile, Funding & Competitors

Strutt is a seed company based in Seattle (United States), founded in 2023. It operates as a They design and manufacture smart personal mobility products. Strutt has raised $100M in funding. The company has 18 active competitors, including 9 funded and 2 that have exited. Its top competitors include companies like Applied EV, LEEKR and REE.

Company Details

They design and manufacture smart personal mobility products. They focus on creating safe, easy-to-use vehicles with advanced technology, including smart wheel systems, powerful motors, and sophisticated co-pilot technology that enhances safety and navigation. The company is committed to continuous improvement and expansion of its product line, actively seeking user feedback to shape future developments. They aim to improve personal mobility through innovative engineering and design.

Website: strutt.inc
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Key Metrics

Founded Year

2023

Location

Seattle, United States

Stage

Seed

Total Funding

$100M in 1 round

Latest Funding Round

Seed, Aug 2026, $*****

Ranked

15^th among 18 active competitors

Similar Companies

LEEKR & 11 more

View Strutt's full profile

Strutt has raised a total funding of $100M over 1 round.

Here is the list of recent funding rounds of Strutt:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 2026	7610475	Seed	3022394	6273953	6319356	3750449

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Top competitors of Strutt include Applied EV, LEEKR and REE. Here is the list of Top 10 competitors of Strutt, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Applied EV 2015, Melbourne (Australia), Series B	Developer of programmable and autonomous-solar powered electric vehicle platform	$63.5M	Japan Post Capital, St Baker Energy Innovation Fund ... & 7 others	57/100
2nd	LEEKR 2020, Shanghai (China), Series C	Provider of full-stack vision processing solutions for autonomous driving	$192M	Harvest Fund, Vision Plus Capital & 14 others	55/100
3rd	REE 2011, Tel Aviv (Israel), Public	Developer of software defined vehicle technology and electronic control systems	$20.7M	Invesco Mutual Fund, Toyota & 10 others	53/100
4th	Robomart 2017, Los Angeles (United States), Seed	Provider of autonomous delivery vehicles and mobile smart-shops for on-demand delivery and retail	$4M	HAX, W Ventures & 8 others	51/100
5th	DeepDrive 2021, Munich (Germany), Series B	Provider of autonomous modular electric vehicle platform	$54.4M	BMW i Ventures, UVC Partners & 9 others	45/100
6th	Pixmoving 2014, San Francisco (United States), Series A	Developer of autonomous mobile spaces and modular robotic chassis platforms	$21M	TIS, Guizhou Transportation Planning Survey & Design Academe ... & 3 others	42/100
7th	Rigi Technologies 2019, Lausanne (Switzerland), Seed	Developer of drone systems and cloud-based software for drone logistics	-	Swiss ICT Investor Club, Conected Mobility HUB ... & 3 others	41/100
8th	Yika Zhiche 2018, Shanghai (China), Series B	Manufacturer of unmanned vehicle chassis and related autonomous driving solutions	$28.1M	CITIC, Guohe Investment & 4 others	38/100
9th	U Power 2021, Hefei (China), Series B	Developer of electric vehicle skateboard chassis and vehicle upper bodies	-	Hefei Industrial Investment Holdings, gddongchuang.com ... & 6 others	38/100
10th	Open Motors 2013, Palo Alto (United States), Seed	Developer of AI-enabled autonomous electric vehicle and electric battery swapping management solutions	$120K	Y Combinator, Plug and Play Tech Center & 2 others	32/100
15th	Strutt 2023, Seattle (United States), Seed	They design and manufacture smart personal mobility products	$100M	-	24/100