{"data":{"type":"company_profile_ai","id":5996,"entity_id":"wefunder:company:5996","attributes":{"canonical_url":"https://wefunder.com/hevo","retrieval_urls":{"canonical":"https://wefunder.com/hevo","json":"https://wefunder.com/hevo.json","markdown":"https://wefunder.com/hevo.md","ai_json":"https://wefunder.com/hevo.ai.json","ai_text":"https://wefunder.com/hevo.ai.txt","changelog_json":"https://wefunder.com/hevo.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-08T02:50:33Z","generated_at":"2026-06-08T03:15:46Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":5996,"entity_id":"wefunder:company:5996","slug":"hevo","name":"HEVO","tagline":"Wireless charging infrastructure to power our EV future","elevator_pitch":"HEVO is supplies wireless charging hardware and end-to-end EV charging software that significantly improves the user experience for drivers, fleet operators, charging hosts, and local communities.","description":"HEVO offers a wireless charging network for electric vehicles, specifically to commercial, municipal, and military fleets, to reduce transportation costs, streamline fleet operations, and resolve the inconvenience and hazards of plug-in stations. Let us tell you about our customers and distribution pipelines and why HEVO will lead this burgeoning market.","location":"Brooklyn, NY","website":"https://www.hevo.com","total_amount_raised":1907207,"total_investors":1911,"is_funded":false,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 1907207","citation":"https://wefunder.com/hevo#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-08T02:50:33Z","as_of":"2026-06-08T03:15:46Z","confidence":"high"},"observed_at":"2026-06-08T02:50:33Z","expires_at":"2026-06-09T02:50:33Z"},{"claim_id":"claim-total-investors","text":"Total investors: 1911","citation":"https://wefunder.com/hevo#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-08T02:50:33Z","as_of":"2026-06-08T03:15:46Z","confidence":"high"},"observed_at":"2026-06-08T02:50:33Z","expires_at":"2026-06-09T02:50:33Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 1907207","citation":"https://wefunder.com/hevo#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-08T02:50:33Z","as_of":"2026-06-08T03:15:46Z","confidence":"high"},"observed_at":"2026-06-08T02:50:33Z","expires_at":"2026-06-09T02:50:33Z"},{"claim_id":"claim-total-investors","text":"Total investors: 1911","citation":"https://wefunder.com/hevo#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-08T02:50:33Z","as_of":"2026-06-08T03:15:46Z","confidence":"high"},"observed_at":"2026-06-08T02:50:33Z","expires_at":"2026-06-09T02:50:33Z"}],"company_claims":{"tagline":"Wireless charging infrastructure to power our EV future","elevator_pitch":"HEVO is supplies wireless charging hardware and end-to-end EV charging software that significantly improves the user experience for drivers, fleet operators, charging hosts, and local communities.","description":"HEVO offers a wireless charging network for electric vehicles, specifically to commercial, municipal, and military fleets, to reduce transportation costs, streamline fleet operations, and resolve the inconvenience and hazards of plug-in stations. Let us tell you about our customers and distribution pipelines and why HEVO will lead this burgeoning market.","story":"See Kingscrowd’s Investment Memo on HEVO here.Dear Investor,I founded HEVO in 2011 after returning from combat deployment in Iraq, where I witnessed firsthand the geopolitical consequences of our global reliance on fossil fuels. Upon returning, I realized electric vehicles as a critical technology to solving that reliance, and identified EV charging as a critical barrier to EV adoption. For all the innovation in electric vehicles, we're still charging them with a technology concept that hasn't fundamentally changed in over a century - plugging in a cable. It's inconvenient, often unreliable, and incompatible with the future of autonomous vehicles.So we built a better way.HEVO has developed wireless charging technology that transforms the EV experience into something as simple as parking your car. No cables, no plugs, no hassle. Just power flowing effortlessly from the ground to your vehicle.Today, I'm proud to share that HEVO is Advancing multiple automaker wireless charging production programs for $100M+ targeted revenues starting in 2028Targeting 7+ new EV platforms as the reference design selected by multiple global automakers Partnering with Stellantis to integrate wireless charging into their EVsIf you don’t believe EVs are the future, HEVO is probably not for you. But if you believe, as we do, that the electric future is inevitable, I invite you to take a deeper look, because this isn't just another EV charging play, it's an opportunity to invest in what we believe will be the essential infrastructure for the future of transportation. To date, we've raised nearly $18 million from VCs and over 3,700 investors who share our vision. Now, we're inviting you to join us at a pivotal moment in our journey.Sincerely,Jeremy McCoolFounder \u0026amp; CEO, HEVOU.S. Army VeteranPlug-in EV charging is a stopgap solution. The future of electric vehicles is wireless charging that’s as innovative as the vehicles themselves. HEVO has developed a revolutionary and patented wireless charging system for electric vehicles that eliminates the need for cables and plugs.Our system includes vehicle-mounted receivers and grid-connected charging pads that work together to transfer power wirelessly with efficiency comparable to traditional plug-in charging. Already selected by major global automakers for integration into multiple vehicle platforms, HEVO's technology is certified to meet both UL safety standards and SAE interoperability standards, ensuring universal compatibility across vehicle brands.HEVO delivers wireless charging that is…Cost-Competitive: On par with plug-in charging, up to 90% cheaper than wireless competitorsHigh-Efficiency: Up to 93% grid-to-battery efficiency, matching plug-in systemsAll this without cables, plugs, or manual connections.Hevo Rectifier, Polemount, Receiver, Transmitter, FOD \u0026amp; InverterOur polyphase technology (co-developed with Oak Ridge National Labs) delivers 8× more power per square meter than competitors.Competitive RFQs and RFIs with major automakers revealed we are up to 80% cheaper than our wireless charging competition based on pricing, performance, size, and weight.This means HEVO can achieve in one charging pad what would require eight pads from competitors, while maintaining cost parity with traditional plug-in systems.Future-Proof: Ready for autonomous vehicles adoption with hands-free wireless chargingBi-Directional: Turn your car into a home generator during outages or peak pricingWhile convenient for human drivers, wireless charging is essential for autonomous vehicles. Tesla's $76M acquisition of wireless charging company Wiferion confirms this critical technology need. HEVO provides the path forward for both current and future vehicles.Despite all the innovation in electric vehicles, we're still charging them with technology that hasn't fundamentally changed in a century – plugging in a cable.\"Charging anxiety\" – the constant worry about where, when, and if you'll be able to charge – is the EV owner's nightmare.This leads to several challenges:The solution isn't making better cables or more adapters.It's eliminating them entirely.HEVO has built best-in-class wireless charging technology for electric vehicles.HEVO Performs On Par with Plug-In SystemsHEVO has achieved what no competitor has:Best In Class Certifications: Dual certification with both UL 2750 and SAE J2954PACEpilot Award Winner (2022): The industry's most prestigious innovation award17 Issued Patent Families: Strong IP portfolio with 17 patent families. We have plans to potentially double our IP portfolio in less than two years.Polyphase Technology: 8x more power in the same space compared to competitors, co-developed with Oak Ridge National Labs (“ORNL”)One Square Meter of HEVO has the same power as up to 8 Square Meters of Competitor Chargers Switching from Plug-in Charging to HEVO is simpleHEVO isn't just another startup with a prototype.We’ve already partnering with Stellantis, the world’s 4th largest automaker, to integrate wireless charging into Stellantis EVs.We are also advancing multiple automaker wireless charging production programs for $100M+ targeted revenue starting in 2028 (not guaranteed). We can’t tell you the automaker names just yet, but we’re pretty sure you’ve heard of them. Let’s call them OEM 1 and OEM 2.OEM 1Agreement signed as preferred developer and supplier of EV chargingPursuing wireless electric vehicle charging for 4 EV platformsOEM 2Pursuing wireless electric vehicle charging for 3 EV Platforms and selected as preferred developer for this programWith just these two potential customers, we have a production target of 75k-100k units/year, with a potential revenue of $100M+/year (not guaranteed). And that’s just the start.By 2030, EVs are expected to make up over 40% of global car sales (source), with the market projected to reach $2.5 trillion by 2034 (source).The global EV charging station market is projected to grow from approximately $21.8 billion in 2025 to over $414 billion by 2033, reflecting a staggering CAGR of 44.5% (source).Forward-looking projections cannot be guaranteed.But there’s a bigger story here.We don’t see a world where autonomous vehicles are not the norm.Once the autonomous vehicle technology is fully deployed, there’s no reason for people to be driving themselves.But autonomous vehicles can’t plug themselves in. You need people for that.The solution?Wireless charging, of course.In fact, Tesla’s acquisition of wireless charging company, Wiferion, for a reported $76M in 2023, indicates they are preparing for this future.And while Tesla is preparing to vertically commercialize their wireless EV charging for their cars and autonomous EVs, HEVO’s technology is being targeted and selected by the other automakers.Our vision is to be the universal solution for all other automakers, providing best-in-class performance, price, size, and weight.After being forced by market pressures to adopt Tesla's proprietary charging standards for plug-in charging, other major automakers are looking for an independent solution.We believe that solution is HEVO. HEVO has a dual revenue approach that combines immediate hardware sales with recurring high-margin software revenue:Rezonant™ Hardware: Factory-installed in new EVs and charging infrastructure. The charging infrastructure can be offered:Directly by the automaker as package with the vehicleThrough their dealership networkThird party distributorsDirectly through HEVOJourney™ Software: SaaS platform with recurring revenue for charging networks, user experience, and fleet managementFleet yards and public charging stations: Subscription for operations and payment managementHome charging: Bi-directional charging with grid management and advanced featuresFuture revenue streams: Subscription payments for public charging instead of pay-as-you-go, advertising at charging stations, and moreThis creates a powerful flywheel effectBuilding transformative infrastructure for the automotive industry requires visionary leadership and deep industry expertise.HEVO has assembled a team with over 100 years of combined automotive experience, including executives who've successfully exited EV charging companies, and automotive leaders from Tesla, GM, Ford, Rivian, and BMW. We believe our team has both the technical knowledge and industry relationships critical for bringing wireless charging to market at scale.At HEVO, we’re not just building wireless electric charging, we believe we’re building the essential infrastructure that will power the global EV future. We building a company to provide charging hardware and software that enables EV wireless power at home, in parking lots, and ultimately, on the open road, where you can dynamically charge while driving without ever having to stop and charge, we have a bold vision for HEVO.We want you to be part of the journey and help us build the future.Your Investment Goes Directly To:Securing production agreements with major automakersAdvancing the next stages of HEVO Rezonant™ developments for faster power generationGrowing HEVO Journey™ software platformScaling our wireless charging infrastructure for early adopter fleetsFrom electric vehicle adoption, to autonomous technology, to renewable energy integration, we believe a wireless charging company being built today will come to dominate this market.We believe that we have the team, the technology, and the drive to win.We invite you to join us as we build the wireless infrastructure that will power the future of transportation.Join us as an 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Their innovative approach to wireless charging is making it easier for grassroots communities to enjoy a better tomorrow— with less pollution and more options for getting around. Together, we can transform the way we power our lives."},{"id":11331,"entity_id":"wefunder:company_investor_profile:11331","name":"Matthew Donegan-Ryan","bio":"Pioneering event industry entrepreneur since 2005. Led CrowdCompass and Thriva to successful acquisitions. Advisor to Attendify, Eventbrite, Social Tables, and others. Founded Swapcard's US entity, growing revenue from $0 to $5M in year 1.","profile_url":"https://wefunder.com/matthew.doneganryan","endorsement_quote":"Tesla’s decision to go all-in on wireless charging for the Cybercab is like when Apple ditched the wired headphone port for good. It’s a signal: wireless is the future for EV charging, and every company other than Tesla is going to need a partner like HEVO to charge their vehicles. After reviewing other startups, I chose to invest in HEVO due to the team and the tech."},{"id":11316,"entity_id":"wefunder:company_investor_profile:11316","name":"VoLo ","bio":"VoLo Earth provides first-in funding and hands-on leadership to companies that are unlocking an economic-led transformation of the rapidly-evolving global energy economy.","profile_url":"https://wefunder.com/volo.","endorsement_quote":"https://www.voloearth.com/"},{"id":12403,"entity_id":"wefunder:company_investor_profile:12403","name":"Ramesh Gadila","bio":"Deep Tech Investor \u0026amp; Innovation-Driven Technologist","profile_url":"https://wefunder.com/ramesh.kumar.gadila","endorsement_quote":"As a tech professional and early-stage investor, I look for bold ideas that have the potential to reshape industries and create a better world. HEVO is doing both—at the intersection of innovation and sustainability. Their wireless EV charging technology isn’t just innovative—it’s inevitable. With a working product, strategic partnerships, and a clear path to scale, HEVO is building the invisible infrastructure for the electric, autonomous, and sustainable future of mobility. They’ve also built a strong foundation of intellectual property, with over a dozen patents in wireless charging—protecting their position in a space with few direct competitors and enormous long-term potential. What truly sets them apart is the team: visionary yet execution-focused. HEVO’s leadership is transparent, mission-driven, accessible, and deeply committed to delivering—not just promising. We’re at an inflection point in the future of mobility. Clean, green, and intelligent energy solutions are no longer optional—they’re essential. HEVO is solving a challenge the world hasn’t fully grasped yet—but soon will. That’s why I’ve backed HEVO again as lead investor in this round. If you believe, like I do, that real change begins with early conviction—join me. Let’s invest in a future that’s cleaner, smarter, and already taking shape."},{"id":11315,"entity_id":"wefunder:company_investor_profile:11315","name":"Ulu Ventures","bio":"Ulu Ventures is a top seed stage venture fund in Silicon Valley focused on innovation across enterprise, fintech, consumer, health, and sustainability. 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Yes, this round is a continuation of the $1.9M raised on Republic earlier this year. By launching the campaign on Wefunder, we hope to reach an expanded network of investors!"},{"question":"When does this offer close?","answer":"Answered above! Thanks again for your interest in HEVO!"},{"question":"When does this offer close","answer":"Hi Phillip, thanks for asking! Our campaign on Wefunder officially closes on January 23, 2023. However, we are able to initiate our first \"rolling close\" on October 14, 2022, allowing us to immediately apply your investments to our rapid commercialization efforts!"},{"question":"Good Afternoon, I invested on Republic and am excited to have a chance to increase my investment on Wefunder. I have a couple questions in regards to the tech licensing with ORNL. I read above that this is an exclusive commercialization license. I saw UPS and VW have partnersh...","answer":"Hi Kyle, thanks for your questions and previous support. We appreciate you! Some of the details are confidential but our license and partnership is focused on preparing the technology for commercialization and manufacturing. It is the same technology being used for the UPS and VW projects. We don't know the details of those agreements, but ORNL has a variety of partnerships where they work with outside entities e.g. https://www.ornl.gov/sponsored-research"},{"question":"I live in NYC, would it be possible to see a rezonant demo? Or are there upcoming investor conferences to see? Also thank you for your prompt answer to my precious questions. I appreciate it!","answer":"Hi Kyle, thanks for your question! We'd love to have you visit HQ, but for compliance reasons, we are not allowed to -- we have to share the same information with all investors. Check out this recent demo and interview with our Founder \u0026amp; CEO: https://www.youtube.com/watch?v=3F7aTZAS3uE."}],"recent_posts":[{"id":183341,"entity_id":"wefunder:feed_item:183341","title":"Mythbusters: EV Wireless Charging Edition: Speed, Efficiency, and Cost","preview":"Dear HEVO Community,Let's cut through the noise. As wireless EV charging surges into the mainstream, a lot of outdated myths are still floating around. For anyone looking to invest in the future of EV infrastructure, understanding these truths is critical.MYTH #1: Wireless charging is a snail's pace slow. This is old news. HEVO’s wireless charging technology delivers speeds that are absolutely ON PAR with traditional plug-in Level 2 and even the mighty DC Fast Charging systems.Home \u0026 Workplac...","published_at":"2025-06-30T15:56:45Z","canonical_url":"https://wefunder.com/feed/183341"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-08T03:15:46Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-08T02:50:33Z","as_of":"2026-06-08T03:15:46Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-08T02:50:33Z","as_of":"2026-06-08T03:15:46Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-05-11T21:30:16Z","as_of":"2026-06-08T03:15:46Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-05-11T21:30:16Z","as_of":"2026-06-08T03:15:46Z","confidence":"medium"}}}}}}