Proterra

Proterra

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Investment Firm

Overview

Proterra designs and manufactures zero-emission, heavy-duty electric vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities across North America. The company’s configurable Catalyst platform is designed to serve the daily mileage needs of a wide range of transit routes on a single charge. With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered, and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles.

Proterra's revolutionary battery-electric transit vehicles help fleet operators abandon fossil fuels, improve environmental quality, and reduce operating costs. Together with their customers, they have prevented more than 55 million pounds of greenhouse gases from escaping into the atmosphere and avoided burning some 2 million gallons of fuel.

The company was established in 2004 and is based in Burlingame, California, USA.

Highlights

Founded

2004

Industry

Automotive

Employees

1001-5000

Investment

1

Lead Investment

0

Exits

1

Stages

Early Stage Venture

Investor Type

N/A

Location

United States, North America

Contact Information

Social

Profile Resume

Proterra, established in 2004 and headquartered in United States, North America., specializes in Early Stage Venture investments across Automotive, Logistics, Electric Vehicle, Last Mile Transportation, Financial Services, Venture Capital, Finance, Supply Chain Management. The organization boasts a portfolio of 1 investments, with an average round size of $43.5M and 1 successful exits. Their recent investments include Volta Trucks, Luxor Capital Group, Agility. The highest investment round they participated in was $2.1B. Among their most notable exits are Volta Trucks and Luxor Capital Group. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Dale Hill

Dale Hill

Founder

imagePlace JoAnn Covington

JoAnn Covington

Chief Legal Officer and Head of Government Relations

imagePlace Chris Bailey

Chris Bailey

President, Proterra Powered & Energy

imagePlace Jack Allen

Jack Allen

Chairman Of The Board Of Directors

Investment portfolio

Proterra has made 1 investments. Their most recent investment was on Sep 16, 2021, when Volta Trucks raised $43.5M.

investments

1

Diversity investments

0

Lead investments

0

Number of exits

1

Investments

1

Annouced DateOrganization NameIndustryMoney Raised
Sep 16, 2021
Volta Trucks Volta Trucks
Automotive43.5M

Exits

1

Funding Timeline

Funding rounds

1

Investors

43

Funds

0

Funding Rounds

1

Proterra has raised 1 rounds. Their latest funding was raised on Sep 16, 2021 from a Series B - Volta Trucks round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Sep 16, 2021
Series B - Volta Trucks Series B - Volta Trucks
-43.5M-

Investors

74

Proterra is funded by 74 investor(s). BlackRock and 40 North Ventures Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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