TELO Trucks

TELO Trucks

Private
San Carlos, CaliforniaMobility, Transportation & Logisticshttps://www.telotrucks.com

Last Round

Series A

Sep 23, 2025

Total Funding Raised

$27.18M

Momentum Score

25 /100

Company Overview

TELO Trucks is an American electric vehicle manufacturer focused on producing compact electric pickup trucks designed for urban environments. Its debut vehicle, the TELO MT1, is designed to offer the bed capacity of a standard pickup and the comfort of a crew cabin within the footprint of a 2-door MINI Cooper. The company was co-founded by CEO Jason Marks, CTO Forrest North, and CCO Yves Béhar. TELO has raised significant funding, including a $20M Series A round, and is actively taking pre-orders for its trucks.

Sector

Mobility, Transportation & Logistics

Verticals

Electric Vehicles, Clean Transportation, Fleet Management, Last-Mile Delivery

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

electric pickup truckcompact electric truckEV pickupcity truckelectric utility vehiclecommercial fleetsEV trucklast-mile delivery vehiclemini truckdirect-to-consumer salescontract manufacturingfleet salesvehicle pre-ordersintegrated solar panels

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TELO Trucks 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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TELO Trucks Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series ASep 23, 2025
SeedMar 13, 2024
Pre SeedJun 26, 2023

Key People

Founding team and executive leadership

Forrest North

Co-Founder And CTO

Founding Team

Jason Marks

Chief Executive Officer

Executive Team

TELO Trucks Investors

Notable investors and investment history

InvestorRounds
Spero VenturesSeries A, Seed
Uncorrelated VenturesSeries A
NeoSeries A
My Climate Journey CollectiveSeries A
TO VCSeries A
GoAhead VenturesPre Seed
Underdog LabsPre Seed

Market signals

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  • Feb 25, 2026

    Received an iF Design Award for its product.

  • Nov 21, 2025

    Attended the Web Summit event.

TELO Trucks Filings

SEC and related filings with document metadata.

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TELO Trucks Filings

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Frequently Asked Questions

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Firmographic Details

HeadquartersSan Carlos, California
Employee Range32
Year Founded2022
Last FundingSep 23, 2025

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