Tech Company Financing Transactions
Zevvy Funding Round
Zevvy, operating out of Hayward, scored $5.4 million in investment from MaC Venture Capital, BoxGroup and Climate Capital.
Transaction Overview
Company Name
Announced On
10/26/2022
Transaction Type
Venture Equity
Amount
$5,400,000
Round
Seed
Investors
MaC Venture Capital (Lead Investor) (Marlon Nichols)
Proceeds Purpose
The rebranding and funding together serve as the launchpad toward growing Zevvy's operational and technical capacities over the next year, thereby allowing the company to expand access to EVs to thousands more drivers across the state of California.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
25441 Mission Boulevard
Hayward, CA 94544
USA
Hayward, CA 94544
USA
Phone
Website
Email Address
Overview
We're committed to making driving an EV easy and affordable for everyone. Our goal is simple: to get you behind the wheel of an electric vehicle that will save you time and money. Through our innovative flexible lease platform that eliminates the barriers of traditional leases and loans, like mileage caps, three-year terms, and sky-high upfront payments.
Management Team
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