# Effenco: Transportation/trucking/railroad, Montreal, Canada

> Effenco: Effenco is a Montreal-based Green-Tech company founded in 2006, specializing in electrification and connectivity technologies for heavy-duty...

Source: https://millionrounds.com/startup/effenco (Millionrounds; every figure on the page links to its filing or article)

Canada · [Transportation/trucking/railroad startup](https://millionrounds.com/companies)

# Effenco

Effenco is a Montreal-based Green-Tech company founded in 2006, specializing in electrification and connectivity technologies for heavy-duty vocational trucks.

Funding reported Last round: Series B

Transportation/trucking/railroad Montreal, Canada

Company summary

- **Founded:** 2006 20 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 22.7M as listed, currency not stated
- **Last round:** Series B Sept 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Effenco has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Effenco

Effenco is a Montreal-based Green-Tech company founded in 2006, specializing in electrification and connectivity technologies for heavy-duty vocational trucks.

The company aims to reduce operational costs and greenhouse gas emissions through its innovative solutions. In February 2023, Effenco was acquired by Martinrea International, enhancing its capabilities and market reach. Effenco's core offerings include Active Stop-StartTM Technology, a patented electric hybrid system that saves up to 30 tons of GHG emissions per truck annually, and fleet management software that provides data-driven insights for optimizing fleet operations. The company serves blue-chip clients in sectors such as waste, construction, and logistics across multiple countries, including Canada, the United States, and France. Effenco is recognized for its commitment to sustainability and has received the "Solar Impulse Efficient Solution" Label for its contributions to transportation electrification.

## What company datasets say Effenco raised

Funding, as reported

Reported in all **22.7M** in the source's currency

Rounds **3**

Last round **Series B**

Last round size **7.5M**

Last round date **Sept 2020**

Investors listed **6**

## The company, in detail

What they build

Known for

supercapacitors clean energy & technology manufacturing energy storage wireless charging energy management environmental services greenhouse gas reduction sustainability oil & energy real-time vehicle data operational efficiency mechanical or industrial engineering services energy efficiency truck transportation

Built with from their website

Google Tag Manager WordPress.org HREF Lang Font Awesome CloudFlare Viewport Meta CookieYes Element UI Facebook SDK Fathom

+8 more

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- **Sector:** Transportation/trucking/railroad
- **Industry code:** NAICS 336320, 336390, SIC 3711, 3714
- **Region:** Quebec
- **Part of:** Martinrea International
- **Revenue:** 5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/effenco)

## Transportation/trucking/railroad in Canada

Startups like it

- [**Waabi** Toronto · founded 2021 *Raised*](https://millionrounds.com/company/waabi)
- [**Taxelco** Montreal · founded 2014 *Raised*](https://millionrounds.com/company/taxelco)
- [**bus.com** Montreal · founded 2014 *Raised*](https://millionrounds.com/company/bus-com)
- [**Torq Logistics** Calgary · founded 2011](https://millionrounds.com/startup/torq-logistics)
- [**Highlight Motor Group** Vaughan · founded 2007](https://millionrounds.com/startup/highlight-motor-group)
- [**Class8** Toronto · founded 2015](https://millionrounds.com/startup/class8)
- [**Netlift** Montreal · founded 2012](https://millionrounds.com/startup/netlift)
- [**Weeve** Montreal · founded 2021](https://millionrounds.com/startup/weeve-4)

## Is this your company?

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