Financials

Estimates*

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Revenues, earnings & profits over time
USD20182019202020212022
Revenues123m181m197m243m309m
% growth-47 %9 %23 %27 %
EBITDA(80.0m)(81.0m)(80.0m)(112m)(208m)
% EBITDA margin(65 %)(45 %)(41 %)(46 %)(67 %)
Profit(92.0m)(102m)(127m)(250m)(238m)
% profit margin(75 %)(56 %)(64 %)(103 %)(77 %)
EV / revenue--1.8x5.8x2.3x
EV / EBITDA---4.4x-12.5x-3.4x
R&D budget-35.5m36.2m43.8m63.7m
R&D % of revenue-20 %18 %18 %21 %
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DateInvestorsAmountRound
-

N/A

-

$20.0m

Early VC

$30.0m

Series A

$30.0m

Series A

$15.0m

Early VC

$23.0m

Series B

$34.2m

Series C
*

N/A

Support Program

$30.0m

Series D

$25.0m

Debt

$140m

Series E

$55.0m

Series F
*

$155m

Series G

N/A

-

$86.9m

Series H

$200m

Valuation: $1.0b

5.5x EV/LTM Revenues

-12.3x EV/LTM EBITDA

Growth Equity VC

$250m

Valuation: $1.6b

8.1x EV/LTM Revenues

-20.0x EV/LTM EBITDA

SPAC IPO

$415m

Valuation: $1.6b

8.1x EV/LTM Revenues

-20.0x EV/LTM EBITDA

SPAC Private Placement
*
N/A

N/A

Bankruptcy
*

$210m

Valuation: $210m

0.7x EV/LTM Revenues

-1.0x EV/LTM EBITDA

Acquisition
Total Funding$1.2b

Recent News about Proterra

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More about Proterrainfo icon
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Proterra is a pioneering company in the design and manufacture of zero-emission electric buses, primarily serving public transportation agencies and commercial fleet operators. Operating in the sustainable transportation market, Proterra's business model focuses on providing high-efficiency electric buses that significantly reduce operating costs and environmental impact. The company generates revenue through the sale of electric buses, battery leasing programs, and comprehensive energy delivery solutions. Proterra's advanced battery systems are developed in-house in Silicon Valley, ensuring lightweight, compact, safe, and powerful performance. Additionally, Proterra offers a cloud-based vehicle intelligence system that provides real-time and historical data to optimize fleet operations and reduce costs. The company also provides a range of EV charging systems designed for heavy-duty fleets, featuring various power levels and flexible layout options. Proterra's clients include regional transportation authorities and commercial fleet operators who are looking to transition to sustainable and cost-effective transportation solutions.

Keywords: zero-emission buses, electric buses, battery technology, fleet optimization, public transportation, commercial fleets, energy delivery, vehicle intelligence, EV charging systems, sustainable transportation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Proterra

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Volta Trucks
BUYOUT by Luxor Capital Apr 2024