XL Fleet

XL Fleet is a Massachusetts-based designer and distributor of electric drive systems and charging accessories for commercial and municipal fleet applications.

Business Model:

Revenue: $22.4B

Employees: 5,001-10,000

Detailed XL Fleet Information

Geographic Data

XL Fleet headquarters map

Address: 47000 Liberty Drive

City: Wixom

State: MI

Zip: 48393

Country: US

Financial Info

Stage:

convertible note

Raised Last:

$0

Raised Total:

$46M

Metrics

1,611,416Website Global Rank

15,122Website Monthly Traffic

Twitter Followers

Description

XL Fleet is a Massachusetts-based designer and distributor of electric drive systems and charging accessories for commercial and municipal fleet applications.

Contact Phone:
+16177180329

Contact Email:

XL Fleet went public on 12/22/2020 on the NYSE

Listed Exchange:
NYSE

IPO Date:
12/22/2020

IPO Valuation:
$3B

Ticker Symbol:
XL

IPO Price:
$25/share

Amount Raised:
$350M

Live

Opened: -/share

EBITDA -
Total Cash -
Total Debt -
Total Revenue -
Total Profit (Gross) -
PE Ratio -
Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
1/2011 Seed Round $4.4M
12/2013 Debt Financing 1 $3M WindSail Capital Group
WindSail Capital Group
9/2017 Series D $22M IKEA
Constellation Technology Ventures
10/2017 Series D 2 $22M IKEA
Constellation Technology Ventures
Constellation Technology Ventures
IKEA
Constellation Technology Ventures
Constellation Technology Ventures
IKEA
8/2015 Series C 1 $10.5M Peter O’Brien
Peter O’Brien
Peter O’Brien
Peter O’Brien
7/2010 Seed Round 1 $1.8M Ron Rubbico
Ron Rubbico
5/2013 Grant 1 $150k Massachusetts Clean Energy Center
Massachusetts Clean Energy Center
Massachusetts Clean Energy Center
Massachusetts Clean Energy Center
12/2020 IPO SPAC $350M
4/2020 Debt $1M U.S. Small Business Administration.
3/2013 Series B $4M
1/2011 Venture Round $4.4M
9/2019 Convertible Note 1 - OGCI Climate Investments
OGCI Climate Investments
9/2019 Convertible Note 1 - OGCI Climate Investments
OGCI Climate Investments
Announced Date Name Price
5/2021 World Energy Efficiency Services

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