When was Tropos Technologies founded?

Tropos Technologies was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Tropos Technologies located?

Tropos Technologies is headquartered in Morgan Hill, United States.

Is Tropos Technologies a funded company?

Tropos Technologies is a funded company, having raised a total of $13.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 29, 2017.

When was the latest funding round of Tropos Technologies?

Tropos Technologies' latest funding was a $***** Series B round on Dec 15, 2022, with participation from 1 investor. Its primary sector is Electric Vehicles. In United States, the Electric Vehicles sector has seen $407M in funding in 2026 to date.

Where does Tropos Technologies rank among its competitors?

Tropos Technologies ranks 10th amongst 98 active competitors, of which 8 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Ayro, which secured $7M in Aug, 2025.

Who are the top competitors of Tropos Technologies?

Tropos Technologies' top competitors include Ayro, Morris Commercial and MOKE International. Among them, Ayro secured the most recent funding round in August, 2025.

Tropos Technologies - 2026 Company Profile, Team, Funding & Competitors

Company Details

Manufacturer of electric commercial utility vehicles. Its product "ABLE" is an electric commercial utility vehicle that can be customized as an ambulance, delivery and cargo vehicle, fire truck, food truck, sweeping, sanitation truck, and more. The company also offers contract manufacturing services for corporates, fleet operators, last-mile delivery, construction companies, and other businesses.

Website: tropostech.com
Email ID: *****@tropostech.com
Phone Number: +1 **********
Part Of

Key Metrics

Founded Year

2016

Location

Morgan Hill, United States

Stage

Series B

Total Funding

$13.2M in 4 rounds

Latest Funding Round

Series B, Dec 15, 2022, $*****

Investors

Walleye & 1 more

Ranked

10^th among 98 active competitors

Similar Companies

Ayro & 152 more

View Tropos Technologies' full profile

Tropos Technologies has raised a total funding of $13.2M over 4 rounds. Its first funding round was on Nov 29, 2017. Its latest funding round was a Series B round on Dec 15, 2022 for $*****. 1 investor participated in its latest round. Tropos Technologies has 2 institutional investors.

Here is the list of recent funding rounds of Tropos Technologies:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 15, 2022	8260556	Series B	1495441	8135250	1144729	3022507
Nov 26, 2021	1667906	Series A	1533075	2438918	8569275	8691792
Jul 01, 2021	7083123	Conventional Debt	7104175	4056127	8885471	Walleye

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Top competitors of Tropos Technologies include Ayro, Morris Commercial and MOKE International. Here is the list of Top 10 competitors of Tropos Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ayro 2017, Round Rock (United States), Public	Manufacture of electric utility vehicles	$3.27M	Dancy Capital Partners, Europa & 1 others	60/100
2nd	Morris Commercial 2015, Birmingham (United Kingdom), Seed	Manufacturer of light commercial electric van	$6.89M	Capital for Colleagues, Agile Impact Capital ... & 13 others	50/100
3rd	MOKE International 1964, London (United Kingdom), Acquired	Developer of electric utility vehicles	-	EV Technology Group	47/100
4th	Phoenix Motorcars 2002, Ontario (United States), Public	Developer of light and medium-duty electric vehicles	-	Kleiner Perkins, ATIF Holdings	46/100
5th	Roots Industries India 1990, Coimbatore (India), Unfunded	Manufacturer of golf carts and electric vehicles	-	-	44/100
6th	Waev 2021, Anaheim (United States), Funding Raised	Manufacturer of electric commercial and utility vehicles	-	J P Morgan	42/100
7th	Addax Motors 2015, Deerlijk (Belgium), Series A	Developer of electric utility vehicles	$11.9M	SFPI, Resultance	41/100
8th	TRIPL 2001, Kolding (Denmark), Seed	Urban cargo electric vehicle	$325K	Quotidian Ventures, High Peaks Venture Partners ... & 1 others	40/100
9th	EVC Group 2007, Hulin (Czech Republic), Unfunded	Electric minibus and vans	-	-	39/100
10th	Tropos Technologies 2016, Morgan Hill (United States), Series B	Manufacturer of electric commercial utility vehicles	$13.2M	Walleye, Workhorse Group	38/100