Effenco

Effenco develops, manufactures and distributes electric-hydraulic hybrid systems for heavy-duty commercial vehicles. Read more

5 Followers on Owler
5 Followers on Owler
5 Followers on Owler
5 Followers on Owler

Effenco

Effenco develops, manufactures and distributes electric-hydraulic hybrid systems for heavy-duty commercial vehicles. Read more

David Arsenault's photo - President & CEO of Effenco

President & CEO

David Arsenault

CEO Approval Rating

89/100

EFFENCO TOP COMPETITORS OR ALTERNATIVES

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Nordresa is seen as one of Effenco's biggest rivals. Nordresa was founded in 2015, and is headquartered in Laval, Quebec. Nordresa competes in the Truck Manufacturers industry. Nordresa generates $1.4M more revenue vs. Effenco.

Parker is a top competitor of Effenco. Parker is a Public company that was founded in Cleveland, Ohio in 1917. Parker competes in the Industrial Machinery & Equipment field. Parker has 50,475 more employees vs. Effenco.

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Effenco Acquisitions

No recent acquisitions found related to Effenco

Effenco Funding History

Since Effenco was founded in 2006, it has participated in 3 rounds of funding. In total Effenco has raised $23.8M. Effenco's last funding round was on Sep 2020 for a total of $7.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series B
Sep 2020
$7.5M

BDC Capital

Equity
Jun 2020
$4.3M
Series A
Dec 2018
$12M

Since Effenco was founded in 2006, it has participated in 3 rounds of funding. In total Effenco has raised $23.8M. Effenco's last funding round was on Sep 2020 for a total of $7.5M

Effenco Investments

No recent investments found related to Effenco

Effenco News

September 11, 2020MarketScreener

Truck Electrification Leader Effenco Announces Major Financing

(marketscreener.com) Effenco Development Inc. , a leader in heavy duty vocational vehicle electrifica... See more »
June 19, 2020Betakit

Effenco has developed a commercial truck connectivity platform that enables up to 10 percent fuel savings and reduces maintenance costs and GHG emissions.

Effenco ($4.25 million): Effenco has developed a commercial truck connectivity platform that enables ... See more »
December 5, 2019Solid Waste & Recycling

Effenco wins EDC award for stop-start technology

MONTREAL - Montreal-based Effenco was named an Export Star by EDC during Cleantech Export Week. An in... See more »
December 28, 2018Betakit

Effenco closes $12 million Series A round with help from government's cleantech commitments

Montreal-based AutoTech company Effenco has announced the close of a $12 million Series A round of fu... See more »

Effenco Press Releases

Effenco Videos

Social Media

Effenco Headquarters

3700, St-Patrick Street Suite 316

Montreal, QuebecH4E 1A2

1-514-397-4020

Driving Directions »

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Effenco Summary

ABOUT

Overview

Effenco develops, manufactures and distributes electric-hydraulic hybrid systems for heavy-duty commercial vehicles. Effenco was founded in 2006. Effenco's headquarters is located in Montreal, Quebec, CA H4E 1A2. It has raised 23.8M in 3 rounds. The l...

CEO

Effenco's President & CEO, David Arsenault, currently has an approval rating of 89%. Effenco's primary competitors are Lightning Systems, Nordresa & Parker.

Website

effenco.com

Frequently Asked Questions about Effenco

  1. When was Effenco founded?

    Effenco was founded in 2006
  2. Who is Effenco's CEO?

    Effenco's CEO is David Arsenault
  3. How much revenue does Effenco generate?

    Effenco generates $5M in revenue
  4. How much funding does Effenco have?

    Effenco has historically raised $23.8M in funding
  1. Where is Effenco's headquarters?

    Effenco's headquarters is in Montreal Quebec, CA
  2. How many employees does Effenco have?

    Effenco has 45 employees
  3. What sector does Effenco operate in?

    Effenco is in Electric, Water & Gas Utilities
  4. Who are Effenco's competitors?

    Effenco's top competitors are Lightning Systems, Nordresa, Parker