Zevvy Announces Its Official Launch Alongside $5.4M in Seed Funding to Offer a D2C Consumer Financing Platform for Electric Vehicles
HAYWARD, Calif., October 26, 2022--(BUSINESS WIRE)--Flux EV, Inc., a San Francisco Bay Area-based company with a 'total cost of ownership’ electric vehicle (EV) lease product, today announced its official launch and rebranding to ‘Zevvy’ alongside $5.4M in seed funding. The round was led by MaC Venture Capital, with participation from BoxGroup, MissionOne Capital, Gardner Capital’s Upward Mobility Fund, I2BF Global Ventures, and Climate Capital, as well as other leading impact and clean economy angel investors. The rebranding and funding together serve as the launchpad toward growing Zevvy’s operational and technical capacities over the next year, thereby allowing the company to expand access to EVs to thousands more drivers across the state of California.
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