TELO Trucks

TELO Trucks

Urban Adventure Vehicles The Future of EV Is Here

Founded 2022

San Carlos, United States 15 employees Seed Total: $6.80M Manufacturing, Automotive

TELO Trucks, a manufacturer of compact electric vehicle trucks, is poised to revolutionize urban and suburban mobility and cater to the growing demand for electric vehicles (EV). With the slogan "Urban Adventure Vehicles - The Future of EV Is Here," TELO Trucks aims to provide practical and sustainable mobility solutions for active lifestyles. Founded in 2022 in the United States, the company's mission is to create intelligently designed trucks with a focus on space efficiency, aligning with the trend towards smaller, more purposeful vehicles. The recent $5.40M Seed Round investment from Spero Ventures and Neo on 13 March 2024 signifies confidence in TELO's vision. Notably, the company was co-founded by industry veterans Jason Marks and Forrest North, who bring extensive experience in automotive innovation, including contributions to major automakers and Tesla. Moreover, TELO Trucks has partnered with renowned designer and investor Yves Béhar and Fuseproject for vehicle design, adding further credibility to their endeavor.

Funding Stage	Amount	Investors	Lead Investors	Date
Seed Round	$5.40M	2	Spero Ventures, Neo	13 Mar 2024
Pre Seed Round	$1.40M	4	Underdog Labs, GoAhead Ventures +2	14 Jun 2023

Funding Stage

Amount

Investors

Lead Investors

Date

Seed Round

$5.40M

Spero Ventures, Neo

13 Mar 2024

Pre Seed Round

$1.40M

Underdog Labs, GoAhead Ventures +2

14 Jun 2023

FAQ About TELO Trucks

Urban Adventure Vehicles The Future of EV Is Here

TELO Trucks was founded in 2022.

TELO Trucks is headquartered in San Carlos, United States.

TELO Trucks operates in Manufacturing and Automotive. Its work centres on Electric Vehicles, Urban Mobility, Compact Trucks and Sustainable Transportation. Its customers include Individuals and businesses looking for environmentally friendly and versatile urban and off-road vehicles.

TELO Trucks has approximately 15 employees.

TELO Trucks has completed 2 funding rounds, raising a total of $6.80M. The latest funding stage is Seed.

TELO Trucks offers: Design and manufacturing of compact and efficient electric pickup trucks for urban living and weekend adventuring.

Top alternatives and competitors to TELO Trucks include Arcimoto, Varcas, Quantum Motors S.A., Hitech Electric, iweech. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

TELO Trucks and Arcimoto are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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