Revoy Analysis: $125K Raised
What is Revoy?
Revoy offers electric vehicle solutions for trucks, focusing on battery swapping to reduce diesel use and emissions while enhancing efficiency and minimizing downtime.
Employees
4
Founded
2020
Revenue
$0-5M
ZoomInfo
Product Features & Capabilities
- electric vehicle (EV) solutions for trucks, instant battery swapping at charging stations, improved fuel efficiency, reduced emissions, enhanced road safety features, fully charged EVs ready at stops, significant cost savings per truck annually, 30% shorter stopping distance for improved safety
Pricing
-
Basic Plan:
- Ideal for owner-operators/small fleets (1-4 trucks)
- Cost parity with diesel after Revoy fees
- 7,500 miles/month included
- Includes hands-off Revoy swapping, maintenance costs, advanced safety features, mobile app access, and truck stop amenities.
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**Business Plan
How much Revoy raised
1 - $125K
January 1, 2023Lead Investor: Y Combinator, Climate Capital, and 3 others.
Who are the founders of Revoy
IR
Ian Rust
CEO
CS
Catherine Shepherd
Co-Founder
Competitors Overview
Revoy operates in the electric vehicle (EV) solutions market, specifically focusing on battery swapping systems for trucks. Its main competitors include:
- NIO: A leading Chinese electric vehicle manufacturer known for its battery swapping technology. NIO's battery swap stations allow users to
Market Focus
Revoy primarily focuses on the electric vehicle (EV) industry, specifically providing solutions for trucks that reduce diesel consumption and emissions through a battery swapping system for instant access to charged EVs.
Business Model
Fee-based model for battery swapping, reducing upfront costs for fleet electrification.
Investors
- Y Combinator
- TRAC
- Eight Capital
- 10X Capital
- Brandon Calder
- Bruckner Ventures
- Calm Ventures
- Climate Capital
- TechNexus Venture Collaborative
- World Within Ventures
- Leap Forward Ventures
- Gaingels
- MCJ Collective
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