Proterra was founded in 2004 by Dale Hill. In July 2019, Reuters reported that the company had “hired investment banks to prepare for an initial public offering (IPO), according to people familiar with the matter” and adding that “the timing of the IPO depended on market conditions.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Proterra designs and manufactures zero-emission transit busses. The company has raised approximately $520 million in Venture Capital funding from investors including BMW iVentures, G2VP, Hercules Capital, Tao Capital Partners, GM Ventures, Kleiner Perkins, and Franklin Templeton Investments. Per company press releases, Proterra last raised $155 million in September 2018 at a post-money valuation of $855 million.

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Learn more about Proterra

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What is Proterra's IPO price?

Proterra's IPO price is 0.067 as of 8/16/23.
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What is Proterra's funding to date?

Proterra has raised $608.2MM to date.
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When was Proterra founded?

Proterra was founded in 2004.

Who are Proterra's major investors?

88 Green Ventures
Constellation Ventures
Edison Energy
General Motors Ventures
Global Investment Partners
Hennessey Capital
Hercules Technology Growth Capital
Middle East Venture Partners

Proterra Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
8/2/2019 Series 8 $86.87MM raised $XXX.XX $XXX.XX
9/19/2018 Series 7 $155MM raised $XXX.XX $XXX.XX
6/13/2017 Series 6 $55MM raised $XXX.XX $XXX.XX
1/3/2017 Series 5 $142.99MM raised $XXX.XX $XXX.XX
6/17/2015 Series 4 $31.65MM raised $XXX.XX $XXX.XX
10/4/2013 Series 3 $36.48MM raised $XXX.XX $XXX.XX
11/5/2012 Series 2 $24.95MM raised $XXX.XX $XXX.XX
6/9/2011 Series 1 $75.26MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Nov 15, 2023


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