Highland Electric Fleets delivers an Electrification-as-a-Service model supplying vehicles, charging infrastructure, software solutions, and operational management to school districts, municipalities, and fleet operators under long-term service agreements. The company’s contracts are structured to align costs with traditional fuel options and generate stable, recurring revenue backed by asset-backed deployments. Highland plans to expand operations in key markets and broaden offerings across additional municipal fleet and energy applications, including projects that integrate charging with on-site energy resources. It is the Official Electric School Bus Provider of the LA28 Olympic and Paralympic Games and manages transportation operations in that role. Founded in 2019 and based in Beverly, Massachusetts, Highland reports its electric school buses have collectively traveled more than 10 million miles. The company emphasizes execution and scalable deployment across diverse operating environments as it grows.

Total raised

$225M

Funding rounds

2

Latest round

Preferred

Latest activity

Jun 2026