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VC-funded Company:

XL Hybrids
145 Newton Street
Boston, MA 2135
Phone: 617-718-0329

XL Hybrids designs, manufactures and installs hybrid electric powertrains for commercial vans and trucks. The company's patent-pending hybrid electric powertrain can be installed on existing vehicles or as an upfit on new ones. By storing energy wasted in braking and reapplying it during acceleration, XL Hybrids technology decreases fuel use and carbon dioxide emissions by up to 21.2 percent on urban routes, while operating with the same durability and reliability as traditional vans and trucks.

Key Contact
Name
Tod Hynes
Title
President
Funding Events

Date
Amount
Type
Investors
03/13/13 $4,000,000 Series B
03/13/13 $4,000,000 Series B
10/12/17 $22,000,000 Series D Constellation Technology Ventures
IKEA Group