The round was led by an affiliated fund of Greenbacker Capital Management LLC, which provides growth capital and best-in-class guidance for growth-stage clean energy companies. With the investment, Revolv will expand its operations across North America to support the growing demand for decarbonized commercial fleets with light, medium and heavy-duty trucks. The company is on track to deliver over 100 vehicles ranging from Class 2 through Class 8 by the end of 2023, with plans to scale and manage a fleet of vehicles in the thousands by the following years.

Revolv is helping commercial fleets move more quickly and confidently toward zero-emission solutions. A complete single-partner solution to deploy, charge, and integrate electric vehicles seamlessly into operations. Our mission is to simplify EV adoption for fleets by reimagining how they buy and use transportation. We are empowering fleets to accelerate zero-emission adoption without losing focus on their core business or operations.