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
- 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
Investors
Ranked
1st among 14 active competitors
Annual Revenue
$1M - $10M as on Dec 31, 2024
Employee Count
28 as on Aug 31, 2026
Exit Details
Public
Legal entities associated with Volcon
Volcon is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Volcon, Inc. CIN: 0001829794 , United States, Active | Feb 21, 2020 | - | 19 (As on Dec 31, 2020) | - |
Volcon, Inc. CIN: 32073533062 , United States, Active | Feb 24, 2020 | - | - | - |
Volcon, Inc. CIN: 84-4882689 , United States, Active | Feb 20, 2020 | $1M - $10M (As on Dec 31, 2024) | 35 (As on Dec 31, 2023) | - |
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 |
View details of Volcon's funding rounds and investors
Volcon's founders and board of directors
Founder? Claim ProfileVolcon's employee count trend
Volcon has 28 employees as of Aug 26. Here is Volcon's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Volcon 2020, Austin (United States), Public | Manufacturer of all-electric utility vehicles for work and recreational purposes | $17.5M | 57/100 | |
2nd | Club Car 1958, Augusta (United States), Acquired | World's best golf carts and utility vehicles manufacturer | - | 55/100 | |
3rd | Tomberlin Group 2006, Augusta (United States), Unfunded | Luxury electric vehicles and e-bikes with advanced safety and performance | - | - | 28/100 |
4th | Luxe Electric Cars 2009, Palm Desert (United States), Unfunded | Luxury electric golf carts, handbuilt in California, with custom options | - | - | 26/100 |
5th | Battle Approved Motors 2018, Phoenix (United States), Unfunded | Manufacturer of utility task vehicle | - | - | 26/100 |
6th | Solar EV Systems 2009, Port St Lucie (United States), Unfunded | Developer of solar-powered golf carts | - | - | 24/100 |
7th | LION EV 2020, Dunedin (United States), Unfunded | Developer of electric-karts | - | - | 24/100 |
8th | Star EV 2003, Simpsonville (United States), Unfunded | Electric vehicle manufacturer crafting innovative, street-legal golf carts and commercial vehicles | - | - | 23/100 |
9th | SIERRA 2018, Salt Lake City (United States), Funding Raised | Manufacturer adrenaline-fueled electric vehicles for racing | - | 21/100 | |
10th | Bat-Caddy 2004, Novato (United States), Unfunded | Electric golf caddies: best value, innovative design, customer-focused service | - | - | 19/100 |
Looking for more details on Volcon's competitors? Click here to see the top ones
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
Media has covered Volcon for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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Atg Capital Opportunities Fund Acquires 114,447 Shares of Volcon (NASDAQ:EMPD) StockMarketBeat•Jan 31, 2026•Volcon, atgfund.com
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Volcon Acquires 317 Additional BTC and Now Holds Over 3,500 BTCSurge Battery Metals Inc•Jul 28, 2025•Volcon, Site-Incorporated, Google
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Volcon Acquires 280 Bitcoin via $500 Million Private PlacementBitcoin Ethereum News•Jul 23, 2025•Volcon
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Volcon Closes $500 Million Private Placement to Initiate Bitcoin Treasury StrategySurge Battery Metals Inc•Jul 22, 2025•Volcon, emperyn-digital.com
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Volcon Closes over $500 Million Private Placement to Initiate Bitcoin Treasury StrategyTMC•Jul 22, 2025•Volcon, FalconX, Pantera Capital, Relayer Capital and 6 others
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Volcon Announces over $500M Private Placement to Initiate Bitcoin Treasury StrategySurge Battery Metals Inc•Jul 17, 2025•Volcon, Empery Asset Management
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Volcon ePowersports Obtains Floor Plan Program with Dealer Direct FinancingGlobeNewswire•May 28, 2025•Volcon, Dealer Direct
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