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Valuation

$32.4M

2025 Revenue

$10.8M

Funding

$0

Team

23

Founded

2019

How Evolectric grew Evolectric to $10.8M revenue with a 23 person team in 2025.

Evolectric is a California-based technology company specializing in electrified transportation and battery technologies, focused on converting existing diesel commercial vehicles into electric.

Last updated

Evolectric Revenue

In 2025, Evolectric's revenue reached $10.8M. Since its launch in 2019, Evolectric has shown consistent revenue growth.

Evolectric Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M2019202020212022202320242025$0$11MSource: GetLatka.com
YearMilestone
2025Evolectric Hit $10.8m revenue in September 2025
2019Launched with $0 revenue

Evolectric Valuation, Funding Rounds

Evolectric's most recent disclosed valuation is $32.4M.

Evolectric is a bootstrapped SaaS startup. Founded in 2019, Evolectric has grown to $10.8M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Evolectric has built its business with no outside investment.

Evolectric Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120192019 cumulative: $0 • 2019 Founded: $02019 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Evolectric Employees & Team Size

Evolectric employs approximately 23 people as of 2026.

Evolectric has 23 total employees in different roles and functions.

Evolectric Team GrowthReported headcount over time05101520252019202020212022202320242025002323Source: GetLatka.com
YearMilestone
2025Reached 23 employees (September 2025)

Customers

We do not have customer count information for Evolectric yet.

Frequently Asked Questions about Evolectric

What is Evolectric's revenue?

Evolectric generates $10.8M in revenue.

How much funding does Evolectric have?

Evolectric raised $0.

How many employees does Evolectric have?

Evolectric has 23 employees.

Where is Evolectric headquarters?

Evolectric is headquartered in Long Beach, California, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Evolectric Revenue 2025: $10.8M ARR, $32.4M Valuation