Tech Company Financing Transactions
Telo Trucks Funding Round
Telo Trucks, based in San Carlos, secured $5.4 million from Neo and Spero Ventures.
Transaction Overview
Company Name
Announced On
3/13/2024
Transaction Type
Venture Equity
Amount
$5,400,000
Round
Undisclosed
Investors
Proceeds Purpose
The new funding will help Telo develop deeper relationships with potential fleet customers and develop two "fully functional press vehicles" that will have the look, feel and fit and finish of the final product.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
969 E San Carlos Ave.
San Carlos, CA 94070
USA
San Carlos, CA 94070
USA
Phone
Undisclosed
Website
Email Address
Overview
TELO Trucks makes the world's most efficient EV pickup for urban living and weekend adventuring. We redesigned the EV truck footprint and function from the ground up by marrying the state of the art in electrification and advanced safety technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jason Marks
Chief Technical Officer
Forrest North
VP - Customer Service
Yves Béhar
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