When was Volektra founded?

Volektra was founded in 2020 and raised its 1st funding round 4 years after it was founded.

Where is Volektra located?

Volektra is headquartered in Sacramento, United States. It is registered at 8639 Hall Road, Utica, MI.

Who is the current CEO of Volektra?

Manish Seth of Volektra. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Volektra have?

As of Aug 31, 2026, the latest employee count at Volektra is 16.

Is Volektra a funded company?

Volektra is a funded company, having raised a total of $5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 30, 2024.

When was the latest funding round of Volektra?

Volektra's latest funding was a $***** Series A round on Jan 29, 2026, with participation from 3 investors. Its primary sector is Electric Vehicles. In United States, the Electric Vehicles sector has seen $3.34B in funding in 2026 to date.

Where does Volektra rank among its competitors?

Volektra ranks 14th amongst 122 active competitors, of which 22 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Matel, which secured $13.6M in Aug, 2026.

Who are the top competitors of Volektra?

Volektra's top competitors include TSUYO, Vitesco Technologies and Matel. Among them, Matel secured the most recent funding round in August, 2026.

Volektra - 2026 Company Profile, Team, Funding & Competitors

Volektra is a series A company based in Sacramento (United States), founded in 2020 by Manish Seth and Piyush Desai. It operates as a Developer of electric drivetrain systems and modular EV platforms. Volektra has raised $5M in funding from investors like Accel, Ecozen Solutions and Chakra Growth Capital. The company has 122 active competitors, including 22 funded and 8 that have exited. Its top competitors include companies like TSUYO, Vitesco Technologies and Matel.

Company Details

Developer of electric drivetrain systems and modular EV platforms. The company offers electric drivetrain platforms as easy-to-install kits that allows converting existing vehicles into efficient electric vehicles. It provides a complete drivetrain hardware platform and software solutions for businesses to create their own ranges of electric vehicles. It also provides cloud-based software for fleet operators.

Website: volektra.com
Email ID: *****@volektra.com
Registered Address: 8639 Hall Road, Utica, MI

Key Metrics

Founded Year

2020

Location

Sacramento, United States

Stage

Series A

Total Funding

$5M in 3 rounds

Latest Funding Round

Series A, Jan 29, 2026, $*****

Investors

Accel & 3 more

Ranked

14^th among 122 active competitors

Employee Count

16 as on Aug 31, 2026

Similar Companies

TSUYO & 113 more

View Volektra's full profile

Volektra is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Volektra Inc. CIN: 0001964097 , United States, Active	Feb 28, 2020	$1M - $10M (As on Dec 31, 2023)	15 (As on Dec 31, 2023)	-
Volektra GmbH CIN: HRB262081 , Germany, Active	Jan 03, 2021	-	-

Volektra has raised a total funding of $5M over 3 rounds. Its first funding round was on Jul 30, 2024. Its latest funding round was a Series A round on Jan 29, 2026 for $*****. 3 investors participated in its latest round. Volektra has 4 institutional investors.

Here is the list of recent funding rounds of Volektra:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 29, 2026	2982647	Series A	4430670	9044290	1810029	4302727
Apr 12, 2025	4121246	Seed	9166705	1794185	9920536	1666171
Jul 30, 2024	9198506	Seed	6613221	8515477	Ecozen Solutions	1872050

Access funding benchmarks and valuations. Sign up today!

View details of Volektra's funding rounds and investors

The founders of Volektra are Manish Seth and Piyush Desai. Manish Seth is the CEO of Volektra.

Here are the details of Volektra's key team members:

Manish Seth: Co-Founder & CEO of Volektra. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Piyush Desai: Co-Founder & CTO of Volektra.

Volektra's Board of Directors

Volektra's board has 1 active member. Anna Radtke Weronika is part of team.

Here is the list of Volektra's board of directors:

Name	Type	Representing	Status	Duration
lgmtrmt	Team	-	Current	9y 7m

View details of Volektra's Founder profiles and Board Members

Volektra's employee count trend

Volektra has 16 employees as of Aug 26. Here is Volektra's employee count trend over the years:

Uncover Volektra's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Volektra include TSUYO, Vitesco Technologies and Matel. Here is the list of Top 10 competitors of Volektra, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TSUYO 2020, Delhi (India), Seed	Platform offering motors for multi-category electric-three wheelers	$4.95M	Ramkrishna Forgings, Avaana Capital Advisors ... & 3 others	64/100
2nd	Vitesco Technologies 2018, Hannover (Germany), Acquired	Developer of powertrain system for multi-category vehicles	-	Economy And Finance, Europa & 1 others	62/100
3rd	Matel 2016, Pune (India), Series B	Manufacturer of electric vehicle powertrains and high-efficiency synchronous industrial motors	$18.3M	Transition VC, UC Impower & 5 others	55/100
4th	IRP Systems 2015, Ness Ziona (Israel), Series C	Provider of software-defined electric powertrain system for micro mobility	$57M	Fosun RZ Capital, Clal Insurance & 12 others	53/100
5th	Electra EV 2017, Pune (India), Series B	Manufacturer of electric vehicle powertrains, battery systems, and energy storage	$29.4M	GEF Capital Partners & 3 others	53/100
6th	Hexagon Purus 2018, Alesund (Norway), Public	Provider of systems and solutions for clean transportation and energy applications	-	Colinas AS, Mitsui & 4 others	51/100
7th	Donut Lab 2010, Espoo (Finland), Seed	Developer of in-wheel electric motor platform	$29.3M	-	49/100
8th	Scalvy 2022, Mountain View (United States), Series A	Developer of powertrain system for multiple cateories of electric vehicles	$16.9M	Climate Capital, Alchemist Accelerator & 3 others	49/100
9th	BNC Motors 2020, Coimbatore (India), Series B	Manufacturer of electric two-wheeled vehicles, batteries, and related electronic components	$25.5M	Musashi Seimitsu Industry, Lyman Lakes & 27 others	49/100
10th	InfiMotion 2021, Wuxi (China), Series A	Manufacturer of powertrain systems for electric vehicles	-	China Structural Reform Fund, China Merchants ... & 2 others	48/100
14th	Volektra 2020, Sacramento (United States), Series A	Developer of electric drivetrain systems and modular EV platforms	$5M	Accel, ThinKuvate & 2 others	43/100