About AddEnergie Technologies
AddEnergie Technologies is a company based in Quebec City (Canada) founded in 2009.. AddEnergie Technologies has raised $39.78 million across 3 funding rounds from investors including National Bank of Canada, BDC and Caisse de depot et placement du Quebec. AddEnergie Technologies offers products and services including FLO Ultra, FLO Home, and CoRe+ Series. AddEnergie Technologies operates in a competitive market with competitors including ChargePoint, EV Connect, FreeWire, Flo and IONITY, among others.
- Headquarter Quebec City, Canada
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Flo Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.78 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
National Bank of Canada
& 7 more
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Employee Count
Employee Count
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Products & Services of AddEnergie Technologies
AddEnergie Technologies offers a comprehensive portfolio of products and services, including FLO Ultra, FLO Home, and CoRe+ Series. 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.
Provides rapid EV charging for public roadside use.
Enables reliable EV charging at residential locations.
Offers durable charging for business and fleet needs.
Funding Insights of AddEnergie Technologies
AddEnergie Technologies has successfully raised a total of $39.78M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(30 Oct 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series C - AddEnergie Technologies | Valuation | Energy Impact Partners |
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| Oct, 2020 | Amount | Series C - AddEnergie Technologies | Valuation | MacKinnon, Bennett & Company | |
| Oct, 2020 | Amount | Debt – Conventional - AddEnergie Technologies | Valuation |
investors |
| 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 AddEnergie Technologies
AddEnergie Technologies has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include National Bank of Canada, BDC and Caisse de depot et placement du Quebec. 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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Venture capital fund focused on growth-stage startups
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Founded Year | Domain | Location | |
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Growth capital is provided to climate innovation companies.
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Founded Year | Domain | Location | |
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Investment strategies are provided across diverse asset classes and markets.
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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 AddEnergie Technologies
| 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 - AddEnergie Technologies
| 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 |
Addenergie Technologies Comparisons
Competitors of AddEnergie Technologies
AddEnergie Technologies 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 ChargePoint, EV Connect, FreeWire, Flo and IONITY, 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 |
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| domain | founded_year | HQ Location |
Cloud-enabled EV charging stations are operated for diverse sectors.
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| domain | founded_year | HQ Location |
Provider of electric vehicle charging software and solutions
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| domain | founded_year | HQ Location |
Electric-vehicle charging solutions are developed and provided by FreeWire.
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| domain | founded_year | HQ Location |
Developer of electric vehicle charging network
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| domain | founded_year | HQ Location |
EV charging station network is operated for vehicle users.
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| domain | founded_year | HQ Location |
Solar-enabled EV charging stations are operated for plug-in vehicles.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Addenergie Technologies
Frequently Asked Questions about AddEnergie Technologies
When was AddEnergie Technologies founded?
AddEnergie Technologies was founded in 2009 and raised its 1st funding round 11 years after it was founded.
Where is AddEnergie Technologies located?
AddEnergie Technologies is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Is AddEnergie Technologies a funded company?
AddEnergie Technologies is a funded company, having raised a total of $39.78M across 3 funding rounds to date. The company's 1st funding round was a Series C of $39.78M, raised on Oct 30, 2020.
What does AddEnergie Technologies do?
AddEnergie Technologies was founded in 2009 in Quebec City, Canada, within the electric vehicle infrastructure sector. Charging equipment and smart software are developed for residential, commercial, and public applications. Solutions such as cloud-based management systems, Street terminal units, and Core workplace chargers with energy-sharing features are offered to clients. Operations focus on integrating hardware with software for efficient EV charging networks.
Who are the top competitors of AddEnergie Technologies?
AddEnergie Technologies's top competitors include IONITY, Fastned and EV Connect.
What products or services does AddEnergie Technologies offer?
AddEnergie Technologies offers FLO Ultra, FLO Home, and CoRe+ Series.
Who are AddEnergie Technologies's investors?
AddEnergie Technologies has 8 investors. Key investors include National Bank of Canada, BDC, Caisse de depot et placement du Quebec, Export Development Canada, and Energy Impact Partners.
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