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Organization
Contact Information
Overview
FTEX is a Montreal start-up that is producing next-generation smart connected drive systems for light electric vehicles. We provide the electronics, software and applications that control the vehicle's motor, all of it connected in real-time over a cellular network to FTEX’s Cloud. This enables and provides various functionalities to users via our mobile EVionics operating system, such as location, usage, diagnostics, security, remote locking, collision detection, service, and theft insurance.
Our mission is to accelerate the use of personal electric vehicles with smart and connected motor controllers that enhance performance, range and user experience through implementation of novel technology and standards.
About
InsurTech, CleanTech, Manufacturing, Electric Vehicle
2017
11-50
Headquarters locations
Montréal, Quebec, Canada, North America
Social
Profile Resume
FTEX headquartered in North America, operates in the InsurTech, CleanTech, Manufacturing, Electric Vehicle sector. The company focuses on InsurTech and has secured $142.2M in funding across 80 round(s). With a team of 11-50 employees, FTEX is actively contributing to advancements in InsurTech. Their latest funding round, Non Equity Assistance - FTEX, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
5
1
0
$1.8M
Details
2
FTEX has raised a total of $1.8M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2021 | Seed | 389.0K | ||
2022 | Seed | 1.4M |
Investors
FTEX is funded by 14 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
FTEX | - | FUNDING ROUND - FTEX | 1.4M |
Investissement Quebec | - | FUNDING ROUND - Investissement Quebec | 1.4M |
FTEX | - | FUNDING ROUND - FTEX | undefined |
Cycle Momentum | - | FUNDING ROUND - Cycle Momentum | undefined |
Recent Activity
News
Sep 23, 2022
Google Patent - Electric dynamic power conversion system
Funding Round
Aug 01, 2022
FTEX raised $1362496 on 2022-08-01 in Seed Round
Funding Round
Aug 01, 2021
FTEX raised $388980 on 2021-08-01 in Pre Seed Round
Funding Round
Jan 01, 2021
FTEX raised an undisclosed amount on 2021-01-01 in Non Equity Assistance
Funding Round
Sep 01, 2020
FTEX raised an undisclosed amount on 2020-09-01 in Non Equity Assistance
Funding Round
Sep 01, 2019
FTEX raised $26279 on 2019-09-01 in Non Equity Assistance