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Tenet

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Offering financing for EVs

New York City, United StatesFounded 2021Fintech
Valuation $50–100M Last recorded · 2023
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Tenet and the history behind them.

About Tenet

Tenet is a financial technology startup that specializes in providing loans and refinancing options specifically for electric vehicles (EVs). The company operates in the green finance market, targeting environmentally conscious consumers who are either looking to purchase a new EV or refinance an existing one to reduce their monthly payments. Tenet serves individual clients who are interested in modern, eco-friendly transportation solutions.

The business model of Tenet revolves around offering direct loans and refinancing options tailored to the unique needs of EV owners. By focusing exclusively on electric vehicles, Tenet positions itself as a niche player in the automotive finance industry, providing specialized services that traditional lenders may not offer. This specialization allows Tenet to offer competitive rates and terms that are more favorable for EV buyers and owners.

Tenet makes money through the interest charged on the loans and refinancing agreements it provides. Additionally, the company may generate revenue from fees associated with loan origination and other financial services. By leveraging technology, Tenet offers a seamless and user-friendly experience, enabling clients to apply for loans or refinancing online with minimal hassle.

One of the standout features of Tenet is its commitment to sustainability. The company not only helps clients finance their EVs but also provides tools to monitor and optimize their vehicle's efficiency. Through the Tenet dashboard, users can track their carbon emissions savings, monitor mileage, and keep an eye on battery health. This added value aligns with the growing consumer demand for environmentally responsible products and services.

In summary, Tenet is a forward-thinking financial platform dedicated to making EV ownership more accessible and affordable. By focusing on the specific needs of EV buyers and owners, Tenet is carving out a unique space in the green finance market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
New York City, United States
Employees
92
Open positions
None listed
Dealroom signal
61.5/100
Industry
Fintech, Transportation
Sub-industry
Mortgages & Lending, Search, Buy & Rent
Sector
Fintech, Consumer Lending, Online Car Purchasing
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LENDING CAPITAL✓Other financing Nov 2023 $20M — Silicon Valley Bank ↗
SERIES A✓Equity / VC Nov 2023 $10M $90M Giant Ventures · Nyca Partners · Assurant Ventures ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Tenet website traffic

Latest recorded traffic for Tenet is 11K monthly website visits, up 42.9% over the last three months. Tenet's team declined 8% over the past year.

Latest monthly visits11K 3-month web change+42.9% 1-year team growth-8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

15 investors on the cap table

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

Seed5 investors entered at this stage

Series A2 investors entered at this stage

  • Nyca Partners
  • Assurant Ventures

Other known investors8 additional known investors

  • NY Green Bank
  • Silicon Valley Bank
  • Ambush Capital
  • Gokul Rajaram
  • Hawktail
  • Thiel Fellowship
  • Will Wells
  • Yury Y. Yakubchyk, Jr. (he/him).
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
2 countries with
team presence
🇺🇸 United States91.7%
🇬🇧 United Kingdom8.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Tenet 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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