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Recently Funded|Amount: USD 10.9M|Industry: Environmental Services

Highland Electric Fleets Secures $10.9 Million in Funding to Power the Future of Electric Fleet Management

Highland Electric Fleets

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51-200 employees employees (Est.)
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Highland Electric Fleets, the premier provider of Electrification-as-a-Service (EaaS) for school districts, governments, and fleet operators across North America, is excited to announce the successful completion of a funding round, raising an impressive $10.9 million. This significant investment underscores the growing momentum in the transition to electric fleets and positions Highland Electric Fleets to expand its mission further. With an innovative suite of products designed to simplify and make the upgrade to electric vehicles both effortless and cost-effective, Highland is committed to accelerating the decarbonization of public transportation. The newly acquired funds will be strategically allocated towards expanding their network of electric vehicle solutions, enhancing their technology platforms, and extending support to their partners in navigating the complexities of electrification. The demand for sustainable transportation options has never been higher, especially among public entities seeking to reduce emissions and select green operational practices. By providing customized support for the electrification journey, Highland Electric Fleets not only empowers local governments and school systems to meet their environmental goals but also helps them realize long-term cost savings on fuel and maintenance. As Highland looks toward the future, this funding will enable the company to scale its operations, foster innovation, and ultimately drive a more sustainable future for communities across North America. With their commitment to transforming public fleets, Highland Electric Fleets is poised to play a pivotal role in shaping a cleaner and more sustainable transportation landscape.
October 23, 2024

Buying Signals & Intent

Our AI suggests Highland Electric Fleets may be interested in solutions related to:

  • Government Grants
  • Electric Buses
  • Fleet Management Solutions
  • Green Technology
  • Energy Solutions

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