When was ZEVx founded?

ZEVx was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is ZEVx located?

ZEVx is headquartered in Gilbert, United States.

How many employees does ZEVx have?

As of Mar 31, 2026, the latest employee count at ZEVx is 15.

Is ZEVx a funded company?

ZEVx is a funded company, having raised a total of $41M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 21, 2020.

When was the latest funding round of ZEVx?

ZEVx's latest funding was a $***** Series B round on Nov 03, 2023, with participation from 0 investor.

Where does ZEVx rank among its competitors?

ZEVx ranks 5th amongst 46 active competitors, of which 13 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was ULEMCo, which secured $2.37M in Nov, 2025.

Who are the top competitors of ZEVx?

ZEVx's top competitors include ULEMCo, AddVolt and Tembo. Among them, ULEMCo secured the most recent funding round in November, 2025.

ZEVx - 2026 Company Profile, Funding & Competitors

ZEVx is a series B company based in Gilbert (United States), founded in 2017. It operates as a Platform offering fleet electrification solutions. ZEVx has raised $41M in funding from Listwin Ventures and Reynolds Capital. The company has 46 active competitors, including 13 funded and 5 that have exited. Its top competitors include companies like ULEMCo, AddVolt and Tembo.

Company Details

Platform offering fleet electrification solutions. The company offers solutions to electrify the fleets of mid-duty vehicles. The process includes powertrain electrification, energy capture & regeneration, and providing power management solutions & management software.

Website: zevx.com
Social
Email ID: *****@zevx.com
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

Gilbert, United States

Stage

Series B

Total Funding

$41M in 4 rounds

Latest Funding Round

Series B, Nov 03, 2023, $*****

Investors

Listwin Ventures & 3 more

Ranked

5^th among 46 active competitors

Employee Count

15 as on Mar 31, 2026

Similar Companies

AddVolt & 47 more

View ZEVx's full profile

ZEVx is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ZEVX, Inc CIN: 850530343 , United States, Active		-	-	-
ZEVX, Inc. CIN: 850530343 , Germany, Active		-	-

ZEVx has raised a total funding of $41M over 4 rounds. Its first funding round was on Dec 21, 2020. ZEVx has 4 institutional investors.

Here is the list of recent funding rounds of ZEVx:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 03, 2023	7469646	Series B	2239131	2604572	4504146	6797502
Feb 16, 2023	1083784	Series B	8286450	2046697	7788465	7595176
Jun 16, 2022	1831185	Series A	3326609	1471840	7184352	KORE Power

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View details of ZEVx's funding rounds and investors

ZEVx's employee count trend

ZEVx has 15 employees as of Mar 26. Here is ZEVx's employee count trend over the years:

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Top competitors of ZEVx include ULEMCo, AddVolt and Tembo. Here is the list of Top 10 competitors of ZEVx, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ULEMCo 2014, Liverpool (United Kingdom), Series A	Manufacturer of low emission hydrogen-fueled vehicles	$7.84M	Northwest Fund, Equity Gap & 23 others	58/100
2nd	AddVolt 2014, Porto (Portugal), Acquired	Plug-and-play electrical system for refrigerated trucks	-	Portugal Ventures, Abacus Alpha & 6 others	53/100
3rd	Tembo 2014, Eindhoven (Netherlands), Acquired	Provider of fleet electrification solutions	$10M	Emirates Investment Authority	49/100
4th	pepper motion 2019, Denkendorf (Germany), Acquired	Provider of electric conversion kits for commercial vehicles	-	Lennertz, Cullom Capital & 4 others	45/100
5th	ZEVx 2017, Gilbert (United States), Series B	Platform offering fleet electrification solutions	$41M	Listwin Ventures, Blue Impact & 2 others	42/100
6th	IX Energy 2017, Noida (India), Seed	Provider of electric powertrain solutions for hybrid and full electric vehicles	$460K	Catch Foods, DS Group & 4 others	43/100
7th	Kalyani Powertrain 2017, Pune (India), Unfunded	Manufacturer electric conversion kits for trucks	-	-	42/100
8th	Boson Motors 2017, Fremont (United States), Seed	Manufacturer of smart electric commercial vehicles	-	Techstars, Falconx	41/100
9th	e-troFit 2019, Ingolstadt (Germany), Unfunded	Provider of electrification kits for the conversion of diesel buses and trucks	-	-	38/100
10th	Reborn Electric Motors 2017, Rancagua (Chile), Series A	Provider of electric motor retrofits for vehicles	$4M	Marcopolo	37/100