Tech Company Financing Transactions
XL Hybrids Funding Round
XL Hybrids closed a $10.5 million Series C funding round on 8/28/2015. Investors included private investors.
Transaction Overview
Company Name
Announced On
8/28/2015
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series C
Investors
private investors (Lead Investor) (Peter O'Brien)
Proceeds Purpose
The company plans to use some of its new funding to expand its technology so that it works in a wider range of vehicles from those and other auto makers.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
145 Newton St.
Boston, MA 02135
USA
Boston, MA 02135
USA
Phone
Website
Email Address
Overview
XL Hybrids provides hybrid vehicle solutions for commercial fleet owners. XL Hybrids delivers value to our customers by improving fleet fuel economy, reducing maintenance costs and significantly lowering emissions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Neal Isaacson
Chief Technical Officer
Edward Lovelace
Co-Founder
Clay Siegert
President
Tod Hynes
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