About 7Gen
7Gen is a company based in Vancouver (Canada) founded in 2020 by Mark Bayley and Frans Tjallingii.. 7Gen has raised $28 million across 4 funding rounds from investors including Zenobē, Fonds de solidarite FTQ and Siemens Financial Services. The company has 17 employees as of December 31, 2024. 7Gen offers products and services including Electric Fleet Solutions, Charging Infrastructure, and Financing Options. 7Gen operates in a competitive market with competitors including Merchants Fleet, Flipturn, Electrifi Mobility, Make My Day and Microgrid Labs, among others.
- Headquarter Vancouver, Canada
- Employees 17 as on 31 Dec, 2024
- Founders Mark Bayley, Frans Tjallingii
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28 M (USD)
in 4 rounds
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Latest Funding Round
$34.75 M (USD), Debt – Conventional
May 05, 2025
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Investors
Zenobē
& 3 more
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Employee Count
17
as on Dec 31, 2024
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Products & Services of 7Gen
7Gen offers a comprehensive portfolio of products and services, including Electric Fleet Solutions, Charging Infrastructure, and Financing Options. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for electric vehicle selection and operations support
Design and installation of charging systems for fleets
Flexible leasing and monthly payment plans for electrification
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Funding Insights of 7Gen
7Gen has successfully raised a total of $28M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $34.75 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $34.8M
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First Round
First Round
(01 Jun 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Debt – Conventional - 7Gen | Valuation |
investors |
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| Apr, 2025 | Amount | Debt – Conventional - 7Gen | Valuation |
investors |
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| Jul, 2022 | Amount | Series A - 7Gen | Valuation | Fonds de solidarite FTQ , Siemens Financial Services |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 7Gen
7Gen has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Zenobē, Fonds de solidarite FTQ and Siemens Financial Services. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Spring Lane Capital is focused on sustainable project financing.
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Founded Year | Domain | Location | |
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Fleet electrification, battery storage, and second-life battery solutions are provided.
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Founded Year | Domain | Location | |
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Offers savings plans, investments, and financing for businesses and individuals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 7Gen
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 7Gen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
7Gen Comparisons
Competitors of 7Gen
7Gen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Merchants Fleet, Flipturn, Electrifi Mobility, Make My Day and Microgrid Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-driven fleet management and leasing solutions are provided.
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| domain | founded_year | HQ Location |
SaaS-based fleet charging infrastructures solutions for electric vehicle fleet operators
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| domain | founded_year | HQ Location |
Provides EV leasing, financing, and maintenance for commercial fleet electrification.
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| domain | founded_year | HQ Location |
Smart mobility solutions are provided for electric vehicle fleets.
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| domain | founded_year | HQ Location |
Microgrid implementation solutions are provided for analysis and design.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on 7Gen
Frequently Asked Questions about 7Gen
When was 7Gen founded?
7Gen was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is 7Gen located?
7Gen is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of 7Gen?
Frans Tjallingii is the current CEO of 7Gen. They have also founded this company.
Is 7Gen a funded company?
7Gen is a funded company, having raised a total of $28M across 4 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Jun 01, 2021.
How many employees does 7Gen have?
As of Dec 31, 2024, the latest employee count at 7Gen is 17.
What does 7Gen do?
7Gen was founded in 2020 in Vancouver, Canada, within the clean energy and transportation sector. Charging infrastructure is developed, and vehicle leasing projects are offered to support electric vehicle adoption by commercial fleets. EV deployments are implemented through coordination among investors, owners, operators, charger manufacturers, and policymakers. Operations focus on bridging stakeholder gaps to enable fleet transitions in North America.
Who are the top competitors of 7Gen?
7Gen's top competitors include Flipturn, Merchants Fleet and Decade.
What products or services does 7Gen offer?
7Gen offers Electric Fleet Solutions, Charging Infrastructure, and Financing Options.
Who are 7Gen's investors?
7Gen has 4 investors. Key investors include Zenobē, Fonds de solidarite FTQ, Siemens Financial Services, and Spring Lane Capital.