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Vicinity - About the company

Vicinity is a public company based in Aldergrove (Canada), founded in 2008 by William Trainer. It operates as a Developer of electric-buses. Vicinity has raised an undisclosed amount in funding. The company has 195 active competitors, including 15 funded and 26 that have exited. Its top competitors include companies like EKA, Proterra and Harbinger Motors.

Company Details

Social
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Email ID
*****@vicinitymotor.com
Phone Number
+1 **********
Key Metrics
Founded Year
2008
Location
Aldergrove, Canada
Stage
Public
Ranked
Employee Count
50 - 199 as on Mar 01, 2026
Similar Companies
Exit Details
Public

Vicinity's IPO details

Vicinity got listed on Dec 20, 2013.
Click here to take a look at Vicinity's IPO in detail
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Vicinity's funding and investors

Vicinity has raised funding over 7 rounds. Its latest funding round was a Grant (prize money) round on Jun 07, 2021 for $*****. 1 investor participated in its latest round. Vicinity has 2 institutional investors.

Here is the list of recent funding rounds of Vicinity:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 07, 2021
2063375
Grant (prize money)
6204129
9673342
2054066
5455555
Dec 07, 2020
6282200
Post IPO
4878981
5707539
8697215
7752342
Dec 19, 2015
3654189
Post IPO
3994771
9462693
6878833
7793428
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Vicinity's founders and board of directors

Founder? Claim Profile
The founders of Vicinity is William Trainer. William Trainer is the CEO of Vicinity.
Here are the details of Vicinity's key team members:

Vicinity's employee count trend

Vicinity has 50 - 199 employees as of Mar 26. Here is Vicinity's employee count trend over the years:
Employee count trend for Vicinity
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Vicinity's Competitors and alternates

Top competitors of Vicinity include EKA, Proterra and Harbinger Motors. Here is the list of Top 10 competitors of Vicinity, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for EKA
EKA
2019, Pune (India), Series A
Manufacturer of electric buses trucks and small commercial transport vehicles
$179M
76/100
2nd
Logo for Proterra
Proterra
2004, Burlingame (United States), Public
Manufacturer of battery systems for heavy duty and commercial vehicles
$858M
72/100
3rd
Logo for Harbinger Motors
Harbinger Motors
2021, Gardena (United States), Series C
Manufacturer of medium duty electric and hybrid commercial vehicle platforms
$363M
66/100
4th
Logo for PMI Electro Mobility
PMI Electro Mobility
2017, Gurugram (India), Series C
Manufacturer of electric buses for public transportation and school use
$89.2M
65/100
5th
Logo for Qucev
Qucev
2022, Hyderabad (India), Series B
Platform offering electric commercial vehicles
$19.1M
62/100
6th
Logo for Endera
Endera
2018, San Diego (United States), Series C
Developer of comprehensive commercial electric shuttles and telematics software solutions
$91.9M
58/100
7th
Logo for Lightning eMotors
Lightning eMotors
2008, Loveland (United States), Public
SaaS-based management solutions for EV charging station operators
$56.5M
57/100
8th
Logo for The Lion Electric
The Lion Electric
2008, Saint Jerome (Canada), Public
Manufacturer of all-electric school buses and related electric vehicle services
-
57/100
9th
Logo for Mullen Technologies
Mullen Technologies
2012, La Habra (United States), Public
Manufacturer of Class 1-4 commercial electric vehicles and chassis cabs
$2M
54/100
10th
Logo for Olectra
Olectra
2000, Hyderabad (India), Public
Manufacturer of electric buses and high tension electrical power insulators
-
54/100
50th
Logo for Vicinity
Vicinity
2008, Aldergrove (Canada), Public
Developer of electric-buses
-
30/100
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Vicinity's Investments and acquisitions

Vicinity has made no investments or acquisitions yet.

Reports related to Vicinity

Here is the latest report on Vicinity's sector:

News related to Vicinity

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•
Vicinity Motor Corp board resigns after receivershiInvesting•Oct 26, 2024•Vicinity
•
Vicinity Motor slumps 11%, prices $2.5M direct offeringSeeking Alpha•Jul 16, 2024•Vicinity
•
Vicinity Motor appoints Tina Stewart as CFOSeeking Alpha•Jun 10, 2024•Vicinity
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