VENTURI Competitors and Similar CompaniesClear all
Workhorse's competitors and similar companies include InstaVolt, Kreisel Electric and XL.
Founding Date | Founding Date 2007 | Founding Date 2016 | Founding Date 2014 | Founding Date 2009 |
Type | Type Public | Type Private | Type Private | Type Private |
Tags | ||||
Locations | Locations Sharonville, US HQ Mason, US Union City, US Wixom, US | Locations Chineham, GB HQ | Locations Rainbach im Mühlkreis, AT HQ Freistadt, AT Pudong Xinqu, CN | Locations Boston, US HQ |
Employees | Employees 29810% decrease | Employees 1312% increase | Employees 145 | Employees 20 |
Financial | ||||
Revenue (est.) | Revenue (est.) $21.2m (FY, 2025) | Revenue (est.) £193.7k (FY, 2019) | Revenue (est.) €5.2m (FY, 2019) | Revenue (est.) N/A |
Cost of goods | Cost of goods $30.8m (FY, 2025) | Cost of goods £721.7k (FY, 2019) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit ($9.6m) (FY, 2025) | Gross profit (£528k) (FY, 2019) | Gross profit N/A | Gross profit N/A |
Net income | Net income ($64.1m) (FY, 2025) | Net income (£4.3m) (FY, 2019) | Net income (€10.4m) (FY, 2019) | Net income N/A |
Funding | ||||
Latest funding round | Latest funding round N/A | Latest funding round $ 14.8m (over 9 years ago) | Latest funding round N/A | Latest funding round $ 22m (over 8 years ago) |
Total funding raised | Total funding raised $ 67.4m | Total funding raised $ 14.8m | Total funding raised N/A | Total funding raised $ 45.7m |
For sources of this data, please see the company profile
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InstaVolt
HQ
Chineham, GB
Employees
131↑ 2% increase
InstaVolt delivers the electric vehicle charging infrastructure.
View company
Kreisel Electric
HQ
Rainbach im Mühlkreis, AT
Employees
145
Kreisel Electric develops performance-oriented electric mobility.
View company
XL
HQ
Boston, US
Employees
20
XL offers hybrid vehicle solutions for commercial fleet owners.
View company