Forum Mobility
PrivateLast Round
Series A
Jan 17, 2023
Total Funding Raised
$22.5M
Company Overview
Forum Mobility is a zero-emission trucking solutions provider focused on heavy-duty drayage fleets in California. The company develops, owns, and operates a network of charging depots for Class 8 electric trucks, strategically located near ports like Long Beach, Los Angeles, and Oakland, and along major freight routes. In addition to charging infrastructure, Forum Mobility offers a subscription-based service that includes the leasing of electric trucks, aiming to simplify the transition to zero-emission vehicles for small fleets and independent owner-operators. This model helps truckers comply with California's environmental mandates by bundling the vehicle and charging into a single monthly price, converting a large upfront capital expense into a manageable operational cost. The company is backed by significant investment, including a $400 million joint venture with CBRE Investment Management and Homecoming Capital, and a Series A round with investors like Amazon's Climate Pledge Fund.
Sector
Energy & Sustainability
Verticals
EV Charging, Electric Vehicles, Clean Transportation, Fleet Management
Business Model
B2B
Customer Profile
Hardware + Subscription, Subscription SaaS, Government Contracts
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Forum Mobility Comps
Public and private peers based on sector, stage, and business model.
Forum Mobility Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jan 17, 2023 | ||||
| Seed | Dec 6, 2021 |
Key People
Founding team and executive leadership
Forum Mobility Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Elemental Impact | Series A |
| Obvious Ventures | Series A, Seed |
| CBRE Group | Series A |
| Overture Climate | Seed |
Forum Mobility 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 Forum Mobility's valuation, stock price, and market status.
