Range has raised $46.0M in total across 3 funding rounds.
Range's investors include 10100, Cathay Innovation, General Catalyst, Gradient Ventures, Jonathan Golden, Sommet AB, Streamlined Ventures, Summit Partners, Y Combinator, Adrian Aoun, Dharmesh Shah, Jean Charles Samuelian.
Range Technology is an automotive technology company founded in 2010 that develops plug-and-play devices to override unwanted fuel management features in vehicles, such as cylinder deactivation (Active Fuel Management) and auto start/stop systems.[1][4] It serves car owners frustrated by these efficiency features, solving the problem of reduced engine performance and control by restoring full-cylinder power or disabling interruptions, all via simple OBD-II port installations that take under 30 minutes.[1] Customer reviews highlight improved performance, reliability across models like Silverado and Tahoe, and ease of use, with products like the Active Dynamic Fuel Management Disabler and Start Stop Disabler driving steady demand since early 2021.[1]
A separate UK entity, RANGE TECHNOLOGY LTD (incorporated 2021), operates in security systems service activities (SIC 80200), but lacks public details on products or growth; the primary focus here is the US-based auto tech firm with consistent positive traction.[2]
Range Technology emerged in 2010 amid growing consumer annoyance with automakers' fuel-saving tech like GM's Active Fuel Management, which deactivates cylinders for efficiency but compromises V8 power and smoothness.[1][4] The founders targeted affordable, user-friendly workarounds, creating OBD-II dongles that plug in instantly without voiding warranties or requiring mechanical expertise. Early adoption is evident in customer reviews from 2021 onward, with repeat buyers upgrading across vehicles, signaling organic word-of-mouth growth and product validation in real-world use like daily drives and stoplights.[1]
(Note: The UK firm RANGE TECHNOLOGY LTD focuses on security systems but offers no comparable product details.[2])
Range Technology rides the wave of consumer backlash against OEM fuel-efficiency mandates, amplified by rising fuel costs and a resurgence in performance-oriented trucks/SUVs post-2020.[1] Timing aligns with stricter EPA rules pushing cylinder deactivation and start/stop, creating demand for aftermarket fixes amid a DIY auto mod boom fueled by online communities and e-commerce. It influences the ecosystem by democratizing engine tuning, empowering owners against "nanny" features, and filling a niche ignored by big auto parts giants, while highlighting tensions between regulatory efficiency goals and driver preferences.
Range Technology's momentum positions it for expansion into hybrid/EV-era annoyances like forced regen braking or battery management overrides, with potential software updates for newer models. Trends like electrification and autonomy will test adaptability, but its hardware simplicity ensures relevance in a market valuing personalization. As auto tech fragments between efficiency regs and enthusiast pushback, Range could evolve influence through broader OBD-II ecosystems or partnerships, solidifying its role as the go-to for reclaiming engine control—echoing its core promise of affordable, instant power since 2010.[1][4]
Range has raised $46.0M across 3 funding rounds. Most recently, it raised $28.0M Series B in November 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2024 | $28.0M Series B | 10100, Cathay Innovation, General Catalyst, Gradient Ventures, Jonathan Golden, Sommet AB, Streamlined Ventures, Summit Partners, Y Combinator, Adrian Aoun, Dharmesh Shah, Jean Charles Samuelian, Mathilde Collin, Sergei Anikin | |
| May 1, 2023 | $12.0M Series A | 10100, Kevin Hartz, Craft Ventures, Gradient Ventures, Jonathan Golden, NextView Ventures, Summit Partners, Y Combinator, Dharmesh Shah, Jean Charles Samuelian, Mathilde Collin, Sergei Anikin, Tellef Thorleifsson, Tom Blomfield | |
| Feb 1, 2020 | $6.0M Seed | Ataria Ventures, Bold Capital Partners, Foundation Capital, Founders Fund, General Catalyst, La Famiglia, Quiet Capital, Streamlined Ventures, SV Angel, Thirty Five Ventures, Charlie Songhurst, Ed Baker, Louis Beryl, Nicolas Berggruen |
