Indigo Technologies

Indigo Technologies

Private
Woburn, MassachusettsMobility, Transportation & Logisticshttps://www.indigo.tech

Last Round

Series B

Extension

Apr 29, 2025

Total Funding Raised

$74M

Momentum Score

25 /100

Company Overview

Indigo Technologies, Inc. is a US-based electric vehicle (EV) original equipment manufacturer (OEM) developing light utility EVs for commercial applications such as ride-hailing and last-mile delivery. Founded in 2010 and headquartered in Woburn, Massachusetts, the company's vehicle design is centered around its patented "SmartWheels" technology, which integrates the vehicle's drivetrain and an active suspension system directly into the wheels. This approach is designed to create EVs that are lighter, more spacious, and more efficient, with a smoother ride quality. The company has announced two vehicles, the "FLOW" and the smaller "DASH". Indigo Technologies has secured strategic investments from major corporations including Hon Hai Technology Group (Foxconn) and FedEx, and is partnered with transportation and delivery network companies to deploy its vehicles.

Sector

Mobility, Transportation & Logistics

Verticals

Electric Vehicles, Last-Mile Delivery, Ride-Sharing, Autonomous Vehicles, Fleet Management

Business Model

B2B

Customer Profile

Hardware Sales, Hardware + Subscription, Subscription SaaS, Services & Consulting

AI Layer

Non-AI

Keywords

electric vehicle OEMSmartWheelslast-mile deliverycommercial electric vehiclesrideshare vehicledelivery EVactive suspensionin-wheel motorlight commercial EVgig economy vehicletransport-as-a-serviceTaaSfleet telematicsfleet management softwareautonomous deliveryunmanned delivery vehicledelivery robot

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Caplight Momentum Score

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Indigo Technologies Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Indigo Technologies Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionApr 29, 2025
StrategicMar 25, 2024
VC RoundMay 24, 2021

Indigo Technologies Investors

Notable investors and investment history

InvestorRounds
FedExSeries B Extension

Market signals

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  • Oct 4, 2025

    Added Urocaq, an automotive manufacturing startup, as a customer.

  • Oct 4, 2025

    Added Fundacionhomi, a mid-market healthcare non-profit, as a customer.

Indigo Technologies Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Indigo Technologies Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersWoburn, Massachusetts
Employee Range147
Year Founded2010
Last FundingApr 29, 2025

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