ENVGO
Latest round
- Seed
Last raised
- Jun 2025
Total raised
- $2M
Investors
- 2
About ENVGO
Based in Canada, ENVGO Inc.Founded in 2021 in Waterloo, Canada, ENVGO Inc. focuses on electric hydrofoiling boat technology.700 mn.ENVGO Inc. specializes in the design and manufacture of electric hydrofoiling boats, utilizing aerospace technology to innovate within the marine mobility sector. The flagship product, the ENVGO NV1, is engineered with aerospace-grade materials, targeting eco-conscious consumers and marine enthusiasts seeking high-performance boating solutions. These hydrofoiling boats lift above the water's surface on hydrofoils, reducing drag and increasing speed while promoting zero-emission travel.Specific revenue figures for ENVGO Inc. are not publicly disclosed, but the company generates revenue through direct sales of its hydrofoiling boats to consumers and potential partnerships with marine retailers. The sales model likely includes direct-to-consumer transactions, where customers can reserve or purchase the NV1 boat. Additionally, ENVGO may explore subscription-based models for maintenance services or upgrades, enhancing customer retention and loyalty.ENVGO Inc. The company is also focused on expanding into new markets, aiming to increase its presence in various regions with a strong demand for innovative and eco-friendly watercraft.
Who invested in ENVGO
2 investors across 1 round
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Funding rounds
Seed
Jun 10, 2025
Amount
$2M
Investors
Questions about ENVGO
Who invested in ENVGO?
ENVGO has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ENVGO raised?
ENVGO has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ENVGO last raise money?
ENVGO's most recent round on record is a Seed, in Jun 2025.
What does ENVGO do?
ENVGO is a transportation services company.
Where is ENVGO headquartered?
ENVGO is headquartered in Waterloo, Canada.
Which VCs invest in companies like ENVGO?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back transportation services companies at ENVGO's stage. Their profiles are linked below.
VCs backing transportation services startups at Seed
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