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Volcon - About the company

Volcon is a public company based in Austin (United States), founded in 2020. It operates as a Manufacturer of all-electric utility vehicles for work and recreational purposes. Volcon has raised $17.5M in funding from Empery Asset Management. The company has 14 active competitors, including 2 that have exited. Its top competitors include companies like Club Car, Tomberlin Group and Luxe Electric Cars.

Company Details

Manufacturer of all-electric utility vehicles for work and recreational purposes. The company provides light utility vehicles designed for both work and leisure activities. These vehicles are energy-efficient and intended to deliver performance without aesthetic sacrifices. The company offers vehicles suitable for heavy-duty jobs, off-roading, and challenging terrain, serving both commercial and recreational applications.
Website
volcon.com
Social
X
Registered Address
3267 Bee Caves Road, Suite 107-322 Austin, TX 78746
Key Metrics
Founded Year
2020
Location
Austin, United States
Stage
Public
Total Funding
$17.5M in 3 rounds
Latest Funding Round
Ranked
Annual Revenue
$1M - $10M as on Dec 31, 2024
Employee Count
28 as on Aug 31, 2026
Similar Companies
Exit Details
Public

Volcon's IPO details

Volcon got listed on Oct 06, 2021.
Click here to take a look at Volcon's IPO in detail
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Volcon's funding and investors

Volcon has raised a total funding of $17.5M over 3 rounds. Its first funding round was on Jun 02, 2021. Its latest funding round was a Post IPO round on Jul 17, 2025 for $*****. 5 investors participated in its latest round. Volcon has 11 institutional investors.

Here is the list of recent funding rounds of Volcon:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 17, 2025
4998916
Post IPO
2424875
9635030
9815253
6225529
Aug 22, 2022
4941510
Post IPO
9625769
3757460
5350561
1665602
Jun 02, 2021
5410299
Series B
5853019
2717775
8518054
2855566
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Volcon's founders and board of directors

Founder? Claim Profile

Volcon's employee count trend

Volcon has 28 employees as of Aug 26. Here is Volcon's employee count trend over the years:
Employee count trend for Volcon
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Volcon's Competitors and alternates

Top competitors of Volcon include Club Car, Tomberlin Group and Luxe Electric Cars. Here is the list of Top 10 competitors of Volcon, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Volcon
Volcon
2020, Austin (United States), Public
Manufacturer of all-electric utility vehicles for work and recreational purposes
$17.5M
57/100
2nd
Logo for Club Car
Club Car
1958, Augusta (United States), Acquired
World's best golf carts and utility vehicles manufacturer
-
55/100
3rd
Logo for Tomberlin Group
Tomberlin Group
2006, Augusta (United States), Unfunded
Luxury electric vehicles and e-bikes with advanced safety and performance
-
-
28/100
4th
Logo for Luxe Electric Cars
Luxe Electric Cars
2009, Palm Desert (United States), Unfunded
Luxury electric golf carts, handbuilt in California, with custom options
-
-
26/100
5th
Logo for Battle Approved Motors
Battle Approved Motors
2018, Phoenix (United States), Unfunded
Manufacturer of utility task vehicle
-
-
26/100
6th
Logo for Solar EV Systems
Solar EV Systems
2009, Port St Lucie (United States), Unfunded
Developer of solar-powered golf carts
-
-
24/100
7th
Logo for LION EV
LION EV
2020, Dunedin (United States), Unfunded
Developer of electric-karts
-
-
24/100
8th
Logo for Star EV
Star EV
2003, Simpsonville (United States), Unfunded
Electric vehicle manufacturer crafting innovative, street-legal golf carts and commercial vehicles
-
-
23/100
9th
Logo for SIERRA
SIERRA
2018, Salt Lake City (United States), Funding Raised
Manufacturer adrenaline-fueled electric vehicles for racing
-
21/100
10th
Logo for Bat-Caddy
Bat-Caddy
2004, Novato (United States), Unfunded
Electric golf caddies: best value, innovative design, customer-focused service
-
-
19/100
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Volcon's Investments and acquisitions

Volcon has made no investments or acquisitions yet.

Reports related to Volcon

Here is the latest report on Volcon's sector:

News related to Volcon

lockFilter this list
Media has covered Volcon for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Volcon Inc. is Now Empery Digital Inc.Business Wire•Jul 31, 2025•Volcon, Empirican
•
Volcon Acquires 280 Bitcoin via $500 Million Private PlacementBitcoin Ethereum News•Jul 23, 2025•Volcon
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FAQs about Volcon

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