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§ Private Profile · Los Angeles, CA, USA
Electric vehicle company designing and distributing all-electric, zero-emissions cars and battery systems, targeting California consumers.
Coda Automotive is a Santa Monica, California-based enterprise that designs, brands, markets, and distributes all-electric, zero-emissions passenger vehicles and advanced battery transportation systems for the consumer market. The organization utilizes a manufacturing partnership strategy to rapidly develop highway-capable electric commuter cars without requiring heavy upfront capital investment in dedicated production facilities. Operating with a core team of 31 employees, the business successfully secured $24 million in Series B venture capital funding to support the engineering and commercial delivery of its flagship electric sedan to California drivers. The company's financial backers and strategic advisory board feature several recognizable names across the finance and political sectors, including former Treasury Secretary Hank Paulson, Thomas F. Steyer, John Bryson, and Thomas "Mack" McLarty. Coda Automotive was officially founded in 2009 by entrepreneurs Miles Rubin and Kevin Czinger.
Coda Automotive has raised $159.0M across 3 funding rounds.
Coda Automotive has raised $159.0M in total across 3 funding rounds.
Coda Automotive has raised $159.0M across 3 funding rounds. Most recently, it raised $76.0M Other Equity in January 2011.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 6, 2011 | $76M Venture Round | — | Aeris Capital, Angeleno Group, Harbinger Capital, Riverstone Holdings | Announced |
| May 19, 2010 | $58M Series C | Aeris Capital | LES Wexner, Angeleno Group, Countyline, EDBI | Announced |
| Jan 6, 2010 | $25M Series C | — | — | Announced |
Coda Automotive has raised $159.0M in total across 3 funding rounds.
Coda Automotive's investors include Aeris Capital, Angeleno Group, Harbinger Capital, Riverstone Holdings, Les Wexner, Countyline, EDBI.