United States · Funded startup

Who invested in Hyliion

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summaryUpdated 26 Oct 2026

$27Mraised across 2 rounds since 2017, from 2 sources

$21MSeries A$6.0MGrant
Latest round
Grant, $6.0MDec 2024
Biggest round
$21MSeries A · Sept 2017
Investors
3
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018201920202021202220232024
$21MSeries A$6.0MGrant
First round
Series A, $21M
Sept 2017
Biggest round
$21M
Series A · Sept 2017
Between rounds
7.2 years
from the last two

The rounds

  1. Dec 2024
    Grant$6.0M2 new

    Source recorded

  2. Sept 2017
    Series A$21M1 new

    Reported by FinSMEsSEC filing: $3.3M sold, first sale Aug 2017

Founders and team

From Hyliion's own website and the SEC filings it signed: 1 founder, 3 on the team.

Thomas HealyCEO and FounderNamed on its 2019 Form D
  • Jon PanzerChief Financial Officer
  • Jose OxholmChief Legal & Compliance Officer
  • Josh MookChief Technology Officer

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

US Department of EnergyGovernment1round
Axioma VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Hyliion

Who invested in Hyliion?

Hyliion's investors include US Department of Energy, Colle Capital Partners and Axioma Ventures.

How much has Hyliion raised?

Hyliion has raised $27M across 2 rounds since 2017.

When did Hyliion last raise?

Hyliion's most recent round was a Grant of $6.0M in Dec 2024.

What was Hyliion's biggest round?

Hyliion's largest round on record is $21M (Series A), in Sept 2017.

Who backed Hyliion first?

Hyliion's first round on record, in Sept 2017, was backed by Axioma Ventures.

What stage is Hyliion at?

Hyliion's latest named round is a Grant, in Dec 2024.

Where is Hyliion based?

Hyliion is based in the United States.

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