SEC Filing · RW
Envoy Technologies, Inc.
SEC Filing
Company context
We are a fast-growing EV-sharing operator and developer of electric fleet technologies based in Los Angeles. We provide electric car-sharing as a premium amenity for private properties like apartment buildings, hotels, and workplaces. We also collaborate with cities, municipalities, and non-profit organizations that fund programs to provide electric car-sharing services to broader public communities. We power our EV-sharing apps in all our operations through our advanced mobility platform. Nearly 17,000 drivers in select U.S. cities have used our car-sharing services since June 2017, consisting of approximately 14,000 drivers using our Envoy Amenity services and approximately 3,000 drivers using our Envoy City services. For the year ended December 31, 2024 compared to the year ended December 31, 2023, revenues from our Envoy Amenity and Envoy City operations (as described below) grew 20% from $3,232,224 to $3,870,817. Under the Envoy Amenity and Envoy City agreements, partner revenue grew 12% from $2,246,720 to $2,521,289, and booking revenue grew 36% from $913,981 to $1,246,687.