Tech Company Financing Transactions
XL Hybrids Funding Round
XL Hybrids closed a $3 million funding round on 12/12/2013. Investors included WindSail Capital Group.
Transaction Overview
Company Name
Announced On
12/12/2013
Transaction Type
Debt
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The debt funding will allow XL Hybrids to increase production and sales of its hybrid systems to thousands of units next year, president Tod Hynes said in a news release.
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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