Exclusive: Zevos EV-only car-share fleet is helping Tesla owners make money | TechCrunch
Summary
Zevo is a Dallas-based peer-to-peer car-sharing startup that focuses exclusively on electric vehicles. The company says it has raised $6 million and plans to expand into more major U.S. cities. It reports more than $8 million in annualized recurring revenue and a wait list of over 3,500 customers with little marketing. Most renters use the platform for gig work, and Zevo says its software automates sharing, insurance, and other rental logistics. The startup aims to keep scaling with a lean team while competing in the broader mobility market.
Funding
Amount
$6.0M
Total raised
Date
August 1, 2023
Announcement date
Investors
DoorDash, Lyft, Turo
Lead investors
Company
https://www.zevo.com
Funded company
Classifications
industries
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applications
Accounting and Taxes
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