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AYRO Inc.

Automotive / Electric Vehicles Round Rock, Texas, USA ~10 employees
Founded
--
Employees (Est.)
~10
1 leaders known
Total Funding
$22.0M
Funding Rounds
1
Last Funding
2023-08-08

About AYRO Inc.

AYRO designs and produces low-speed electric vehicles (LSEVs) and solutions focused on sustainability, aiming to minimize carbon emissions and environmental impact while addressing last-mile delivery and micromobility challenges.

Products & Services

AYRO Vanish:A versatile, award-winning low-speed electric vehicle designed for utility purposes, highly customizable for last-mile delivery, micro distribution, and campus/facility mobility needs.
AYRO Valet:A low-speed electric vehicle tailored for specific applications, though detailed information is not provided in the content.

Specialties

Low-Speed Electric Vehicles (LSEVs) Sustainability Last-Mile Delivery Micro Distribution Campus and Facility Mobility

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Private Placement of Convertible Preferred Stock
T: -
FT: Private Placement of Convertible Preferred Stock
A: 22000000
MR: -
FA: approximately $22 million
FAN: 22000000
D: 2023-08-08
FD: 2023-08-08
1 investors
Private Placement of Convertible Preferred Stock Latest
2023-08-08
$22.0M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

D

David Hollingsworth

Interim President of AYRO's Operating Division

Recent News

AYRO Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
ayro.com
Industries
Automotive / Electric Vehicles
Company Size
~10 employees (est.)
Locations
Round Rock, Texas, USA

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Technology Stack

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