Evolectric
PrivateLast Round
Accelerator
Mar 9, 2026
Est. Valuation
$1.43M
Total Funding Raised
$15.67M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Evolectric is an automotive technology company that provides services and products to electrify commercial vehicle fleets by converting existing combustion engine vehicles to fully electric.
Sector
Mobility, Transportation & Logistics
Verticals
Electric Vehicles, Clean Transportation, Circular Economy, Fleet Management, EV Charging
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting, Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Evolectric Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Evolectric Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Accelerator | Mar 9, 2026 | ||||
| Grant | Apr 29, 2025 | ||||
| Series B | Sep 12, 2023 | ||||
| Debt | Aug 4, 2022 | ||||
| Grant | Oct 18, 2021 | ||||
Accelerator | Feb 15, 2021 |
Key People
Founding team and executive leadership
Evolectric Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Scale For ClimateTech | Accelerator |
| Sunstone Management | Accelerator |
| Sunstone Management | Accelerator |
| Long Beach Accelerator | Accelerator |
| Venture For ClimateTech | Accelerator |
| Los Angeles Cleantech Incubator | Grant, Accelerator |
| Department of Energy | Grant |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 19, 2026
Monthly visitors increased 192% MoM, reaching 2.2K.
- Mar 9, 2026
$50K raised from Scale For ClimateTech.
Evolectric Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Evolectric's valuation, stock price, and market status.