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Indigo technologies

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Sustainable and affordable electric vehicles

Woburn, United StatesFounded 2010Transportation
Valuation $250–500M Last recorded · 2025
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Indigo technologies and the history behind them.

About Indigo technologies

Indigo Technologies, founded in 2010 and based in Woburn, MA, specializes in developing next-generation light utility electric vehicles (EVs) designed for last-mile delivery and ride-hailing services. The company's core innovation lies in its patented road-sensing smart wheel technology, which integrates active suspension and propulsion directly into each wheel. This design not only enhances ride comfort and safety but also maximizes cabin space, making the vehicles roomier and more efficient. Indigo's EVs are engineered to be lighter and more cost-effective, addressing the common issues of weight and battery inefficiency found in conventional EVs. The primary clients include fleet operators and ridesharing companies looking for sustainable and economical transportation solutions. Indigo Technologies generates revenue through the sale and leasing of its EVs, as well as through maintenance and support services. The market it operates in is the rapidly growing electric vehicle sector, with a focus on urban logistics and passenger transport.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2010
Headquarters
Woburn, United States
Employees
86
Open positions
11
Dealroom signal
49.4/100
Industry
Transportation
Sector
Transportation

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Feb 2026 $4M — MassDevelopment ↗
LATE VCOther financing Oct 2025 $0 — PassKey ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Indigo technologies website traffic

Latest recorded traffic for Indigo technologies is 2.9K monthly website visits, down 27.5% over the last three months. Indigo technologies's team grew 1.2% over the past year.

Latest monthly visits2.9K 3-month web change-27.5% 1-year team growth+1.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • US Department of War

Series A2 investors entered at this stage

  • FedEx Corporation
  • FM Capital

Series B and later7 investors entered at this stage

  • Virtus Inspire Ventures
  • Proeza Ventures
  • Sands Capital Management
  • HCS Beteiligungsgesellschaft
  • Foxconn Technology Group
  • PassKey
  • MassDevelopment
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇸 United States61%
🇪🇪 Estonia32.2%
🇩🇪 Germany3.4%
🇵🇭 Philippines1.7%
🇮🇳 India1.7%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Indigo technologies 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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