# Intramotev

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/intramotev

- Industry: Rail Transport
- Headquarters: Saint Louis, US
- Website: www.intramotev.com
- Total disclosed funding: $14M
- Latest round: Series A (Apr 24, 2024)
- Investors on record: 10

## About

Founded in 2020 by Corey Vasel (CTO) and Alex Peiffer (COO) and based in Missouri, US, Intramotev, Inc. engages in building self-driving, battery-powered railcars designed to move freight across private rail networks. In April 2024, Intramotev, Inc. raised USD 14 million in series A funding co-led by new investors Alpaca and Flybridge Capital Partners, with participation from other new investors Advantage Capital Partners, Aera VC, Band Capital Partners, Cantos Ventures, Cathcart Rail, Collide Capital, Decisive Point, and Idealab. Other unspecified investors also participated in the round. As of 2024, the company is led by its CEO, Timothy Luchini.

Intramotev's product line comprises TugVolt and ReVolt, two railcars meant for integration with current train networks. TugVolt is designed to disconnect from the main train and manage the first and last mile of transportation on its own. ReVolt remains within the train consist, using regenerative braking technology to collect and reuse energy, thereby lowering fuel usage.

The company plans to use the April 2024 funding to continue distributing our technology globally, paving the way for a new era of growth in the rail sector.

## Funding rounds

- Series A, Apr 24, 2024, $14M — Advantage Capital, Flybridge Capital Partners, Idealab, Alpaca, Cantos Ventures, Aera, Cathcart Rail, Decisive Point, Collide Capital, Band Capital Partners

## Investors

- Advantage Capital — Series A
- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Series A
- Idealab (https://capitalatlas.ai/funds/idealab) — Series A
- Alpaca (https://capitalatlas.ai/funds/alpaca) — Series A
- Cantos Ventures (https://capitalatlas.ai/funds/cantos-ventures) — Series A
- Aera (https://capitalatlas.ai/funds/aera) — Series A
- Cathcart Rail — Series A
- Decisive Point (https://capitalatlas.ai/funds/decisive-point) — Series A
- Collide Capital (https://capitalatlas.ai/funds/collide-capital) — Series A
- Band Capital Partners (https://capitalatlas.ai/funds/band-capital-partners) — Series A