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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Hyliion Holdings Corp. was founded with the mission to revolutionize the commercial transportation industry by providing electrified powertrain solutions. The company aims to significantly reduce the carbon intensity and greenhouse gas emissions of Class 8 commercial vehicles. Hyliion's product offerings include hybrid and fully electric powertrain systems designed to enhance the efficiency and sustainability of heavy-duty trucks. The company serves a global market, focusing on fleet operators looking to transition to greener technologies.
Notable figures associated with Hyliion include its founder, Thomas Healy, who has been instrumental in steering the company's innovative direction. Hyliion has attracted significant investment from various venture capital firms and strategic partners committed to advancing clean transportation technologies. Key achievements include successful pilot programs with major fleet operators and partnerships with leading truck manufacturers. Hyliion's impact is evident in its contribution to reducing the environmental footprint of commercial transportation, positioning it as a key player in the transition to sustainable logistics.
Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Solutions, Powertrain
Technology
Electric Vehicles
Tags
Cleantech
Model Types
Hardware
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
Global
When was Hyliion founded?
Hyliion was founded in 2015.
Where is Hyliion’s headquarters located?
Hyliion’s headquarters is located in DE, US.
When was Hyliion’s last funding round?
Hyliion’s most recent funding round was for $325M (USD) in September 2020.
How many employees does Hyliion have?
Hyliion has 250 employees as of Feb 6, 2024.
How much has Hyliion raised to-date?
As of July 05, 2023, Hyliion has raised a total of $354.1M (USD) since Sep 28, 2020.
Add Comparison
Total Raised to Date
$354.1M
USD
Last Update Sep 28, 2020
Last Deal Details
$325M
USD
Sep 28, 2020
Post Ipo Equity
Total Employees Over Time
250
As of Feb 2024
Hyliion Address
Delaware
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts