Effenco
2006
FOUNDED
PRIVATE
STATUS
31-40
EMPLOYEES
Series A
LATEST DEAL TYPE
$9M
LATEST DEAL AMOUNT
6
INVESTORS
Description
Developer of heavy vehicle hybrid provisions intended to reduce fleet fuel costs and GHG emissions. The company's hybrid provisions offer an electric system designed to shut down the engine of vocational trucks when they are stationary and to provide electric power to the vehicle equipment, cab and chassis accessories including the HVAC system, enabling users to reduce engine operating hours and corresponding fuel consumption, emissions and maintenance.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electrical Equipment
Primary Office
- 3700 Saint Patrick Street
- Suite 316 (Shipping at dock 23)
- Montreal, Quebec H4E 1A2
- Canada
+1 (514) 000-0000
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Effenco Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series A) | 14-Dec-2018 | $9M | 000.00 | Completed | Generating Revenue | |
| 4. Grant | 02-May-2018 | 00.00 | 00.00 | Completed | Generating Revenue | |
| 3. Grant | 11-Sep-2015 | 00000 | 00.00 | Completed | Generating Revenue | |
| 2. Accelerator/Incubator | 12-Mar-2013 | $1.8M | Completed | Generating Revenue | ||
| 1. Later Stage VC | 15-Feb-2013 | $1.8M | $1.8M | Completed | Generating Revenue |
Effenco Competitors (5)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Protean Electric | Formerly VC-backed | Troy, MI | 000 | 00000 | 000000&0 | 00000 |
| 00000000000 000000 | Venture Capital-Backed | Alameda, CA | 00 | 000.00 | 00000000000 | 000.00 |
| 0000000 000000000 | Corporate Backed or Acquired | Ontario, CA | 00 | 00000000000 | ||
| 000000000 00000000 | Venture Capital-Backed | Milpitas, CA | 00 | 000.00 | 000000&0 | 000.00 |
| 00000000 | Venture Capital-Backed | Burlingame, CA | 000 | 00000 | 0000000000 0 | 00000 |
Effenco Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Business Development Bank of Canada | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Investissement Québec | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Government of Canada | Government | Minority | 000 0000 | 000000 0 | ||
| Center of Excellence in Energy Efficiency | Government | 000 0000 | 000000 0 | |||
| Canadian Technology Accelerator | Accelerator/Incubator | 000 0000 | 000000 0 |
Effenco Executive Team (3)
Effenco Board Members (1)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Colin Ryan | Effenco | Chairman | 000 0000 |