# Workhorse Group

**Source:** https://www.startuphub.ai/startups/workhorse-group
**Profile type:** Startup

> Manufacturer of electric delivery trucks, buses, and drone systems for last-mile delivery.

## About

Workhorse Group Inc. is a North American manufacturer of medium-duty electric trucks and buses, focusing on providing sustainable and cost-effective solutions for the commercial transportation sector. The company designs and manufactures all-electric trucks, including the technology that optimizes their operation, and also offers drone systems for delivery solutions. Their products are marketed under the Workhorse and Motiv brand names.

## Key facts

- **Slug:** workhorse-group
- **Website:** https://www.workhorse.com/
- **Location:** Sharonville, United States
- **Founded:** 2007-01-01
- **Employees:** 247
- **Operating status:** Active
- **Total funding:** $7M
- **Sectors / tags:** Commercial Vehicle Manufacturing, Electric Vehicles, Last-Mile Delivery, Fleet Electrification, Drone Technology, Telematics, Automotive
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/workhorsetechnologies
  - Twitter: https://twitter.com/workhorse_group
  - Facebook: https://www.facebook.com/workhorsetechnologies

## Frequently asked

### What does Workhorse Group do?

Workhorse Group Inc. is a North American manufacturer of medium-duty electric trucks and buses, focusing on providing sustainable and cost-effective solutions for the commercial transportation sector. The company designs and manufactures all-electric trucks, including the technology that optimizes their operation, and also offers drone systems for delivery solutions. Their products are marketed under the Workhorse and Motiv brand names.

### What is Workhorse Group's valuation?

StartupHub estimates Workhorse Group's effective valuation at $24.2M (range $17.3M to $41.4M, 16% confidence), based on comparable companies in the sector.

### How much funding has Workhorse Group raised?

Workhorse Group has raised a total of $7M in funding. The most recent round on record is Convertible Note.

### Where is Workhorse Group headquartered?

Workhorse Group is headquartered in Sharonville, United States.

### When was Workhorse Group founded?

Workhorse Group was founded in 2007.

### What industry does Workhorse Group operate in?

Workhorse Group operates in Commercial Vehicle Manufacturing, Electric Vehicles, Last-Mile Delivery, Fleet Electrification, Drone Technology, Telematics.

### How many employees does Workhorse Group have?

Workhorse Group has approximately 247 people on record.

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