E
Effenco
Reducing GHG emissions around the globe through our electrification solutions for the transportation industry
About Effenco
Effenco Development Inc. specializes in designing, manufacturing, and marketing technologies aimed at the electrification and connectivity of heavy-duty vocational trucks. The company operates in the clean technology market, focusing on reducing greenhouse gas emissions and enhancing operational efficiency for its clients. Effenco serves a diverse range of clients, including waste management companies, municipal fleets, and other organizations that rely on heavy-duty vocational trucks. The business model revolves around providing scalable and modular electrification solutions, which can be installed on both new and existing fleets. Effenco generates revenue through the sale of its electrification systems and related services, including installation and maintenance. The company has been recognized for its innovative contributions to clean technology, including being named to the 2021 Global Cleantech 100 list. Effenco's solutions are designed to meet the specific needs and objectives of its clients, ensuring optimal performance and reduced environmental impact.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2006
- Headquarters
- Montreal, Canada
- Employees
- 12
- Open positions
- None listed
- Dealroom signal
- 86.7/100
- Industry
- Transportation
- Sub-industry
- Vehicle Production
- Sector
- Transportation, Sustainable Development Goals, Climate Tech, EV Motor, Electric Mobility, EV Manufacturing, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Other✓Other financing | Jan 2022 | $0 | — | Centech | — |
| EARLY VC✓Equity / VC | Sep 2020 | $7.3M | $60M | BDC Capital · C3E - Center of Excellence in Energy Efficiency · Invest Quebec · David Arsenault | ↗ |
Growth signals
Latest recorded traffic for Effenco is 1.9K monthly website visits, up 18.8% over the last three months. Effenco's team grew 20% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Sustainable Development Technology Canada
Series A5 investors entered at this stage
BDC Capital
Business Development Bank of Canada
C3E - Center of Excellence in Energy Efficiency
Invest Quebec- DADavid Arsenault
Other known investors2 additional known investors
Centech- BLBenoit Lacroix
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Effenco on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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