R
Revoy
Transportation · San Mateo, United States · Founded 2020
Swappable battery solution and charging network to turn trucks into hybrid and long-term fully electric vehicles MoreLess
Revoy is a startup revolutionizing the trucking industry by offering a unique solution to convert diesel trucks into electric vehicles (EVs). The company targets logistics and transportation businesses that operate large fleets of semi-trucks. These clients often face high fuel costs and stringent emissions regulations, making Revoy's offering particularly attractive.
Revoy operates in the electric vehicle market, specifically focusing on heavy-duty trucks. The core of its business model is a subscription-based service that allows companies to convert their existing diesel trucks into electric ones without the need to purchase entirely new vehicles. This is achieved through a simple process: truck drivers pull up to a Revoy swap station, where their diesel truck is instantly converted into an electric vehicle. The conversion is facilitated by attaching a specialized fifth wheel, which is a component that connects the truck to its trailer.
The company makes money through its subscription tiers, which provide various levels of access to their EV conversion and battery swapping services. This model offers immediate cost savings for fleet operators by reducing fuel expenses and lowering emissions. Additionally, Revoy's battery swapping stations enable quick recharges, minimizing downtime and increasing operational efficiency. The company claims that its solution can save an average of $25,000 per truck annually, with fuel efficiency improvements of 3-5 times compared to traditional diesel trucks.
Revoy also emphasizes safety and driver experience, boasting features like a 30% shorter stopping distance and reduced driver turnover. The infrastructure for battery swapping is designed to be 90% faster than traditional EV charging, allowing for a five-minute swap time.
In summary, Revoy provides a cost-effective, efficient, and environmentally friendly solution for converting diesel trucks to electric, targeting logistics and transportation companies with large fleets.
Keywords: electric trucks, diesel conversion, fleet management, battery swapping, logistics, transportation, cost savings, emissions reduction, subscription service, operational efficiency.
Company overview
Revoy company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- San Mateo, United States
- Employees
- 9
- Open positions
- None listed
- Dealroom signal
- 57.9
Valuation & funding
Revoy funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jul 2026 | $27M | $108M | Y Combinator · Terrell Capital Referral · Doeren Mayhew Capital Advisors · Time Ventures | ↗ |
| SEEDEquity / VC | Apr 2022 | $0 | — | TRAC | — |
| SEED✓Equity / VC | Mar 2022 | $125K | $500K | Y Combinator | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 10 |
| 2025 | 8 |
| 2024 | 12 |
| 2023 | 9 |
Growth signals
Revoy website traffic
Latest recorded traffic for Revoy is 490 monthly website visits, down 65% over the last three months. Revoy's team grew 12.5% over the past year.
Comparisons
Revoy compared with similar companies
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Talent graph
Revoy's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Revoy has talent and traffic
team presence
In the news
Latest news about Revoy
Recent press, funding announcements, and product moves mentioning Revoy — open to read from the original sources.
Market sentiment
What the market is saying about Revoy
An AI-synthesized read of the highest-engagement posts about Revoy on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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