Blink Charging

Miami Beach, United States Founded: 2006 • Age: 20 yrs
Electric vehicle charging networks and SaaS solutions are operated.
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About Blink Charging

Blink Charging is a company based in Miami Beach (United States) founded in 2006 by Michael Farkas and Eric Greenberg.. Blink Charging has raised $13.55 million across 19 funding rounds from investors including Commonwealth of Massachusetts, Illinois and Consumers Energy. The company has 40 employees as of April 06, 2024. Blink Charging has completed 7 acquisitions, including 350Green, Beam Charging and Blink Network. Blink Charging offers products and services including Commercial EV Chargers, Residential EV Chargers, and Turnkey EV Services. Blink Charging operates in a competitive market with competitors including ChargePoint, Fastned, EV Connect, FreeWire and EVgo, among others.

  • Headquarter Miami Beach, United States
  • Employees 40 as on 06 Apr, 2024
  • Founders Michael Farkas, Eric Greenberg
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Blinkcharging Software Solutions India Private Limited
  • Date of Incorporation 12 Nov, 2021
  • Jurisdiction Noida, Uttar Pradesh, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
    $1.47 M (USD)
    345.22
    as on Mar 31, 2023
  • Net Profit
    $150.97 K (USD)
    244.64
    as on Mar 31, 2023
  • EBITDA
    $-1.25 M (USD)
    -341.73
    as on Mar 31, 2023
  • Total Equity Funding
    $13.55 M (USD)

    in 19 rounds

  • Latest Funding Round
    $2 M (USD), Grant

    Oct 30, 2024

  • Investors
  • Employee Count
    40

    as on Apr 06, 2024

  • Investments & Acquisitions
    350Green

    & 6 more

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IPO & Listings of Blink Charging

Blink Charging is a publicly listed company on the NASDAQ with ticker symbol BLNK in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: BLNK . Sector: Consumer services · USA

Products & Services of Blink Charging

Blink Charging offers a comprehensive portfolio of products and services, including Commercial EV Chargers, Residential EV Chargers, and Turnkey EV Services. 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.

Primary

Devices for businesses to provide EV charging services.

Chargers for individual use in homes or garages.

Installation and maintenance for EV charging systems.

People of Blink Charging
Headcount 50-200
Employee Profiles 41
Board Members and Advisors 3
Employee Profiles
People
Preyash Parikh
Product Manager
People
Abhishek Koulgi
Senior Software Quality Assurance Engineer
People
Jim R.
Vice President Of Global Operations
People
Felicitas Massa
Corporate Communications Manager

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Board Members and Advisors
people
Ritsaart Van Montfrans
Chairman

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Funding Insights of Blink Charging

Blink Charging has successfully raised a total of $13.55M across 19 strategic funding rounds. The most recent funding activity was a Grant round of $2 million completed in October 2024. 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 Rounds 19
  • Last Round Grant — $2.0M
  • First Round

    (02 Jun 2010)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2024 Amount Grant - Blink Charging Valuation

investors

Mar, 2022 Amount Grant - Blink Charging Valuation

investors

Nov, 2021 Amount Grant - Blink Charging Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Blink Charging

Blink Charging has secured backing from 8 investors, including institutional investors. Prominent investors backing the company include Commonwealth of Massachusetts, Illinois and Consumers Energy. 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.

All
Institutional
Investor Description Founded Year Domain Location
Illinois based agency focused on nonprofit organisations and private businesses
Founded Year Domain Location
Government programs access and development services are provided to residents.
Founded Year Domain Location
Electricity services are provided to residential and business customers.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Blink Charging

Blink Charging has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include 350Green, Beam Charging and Blink Network. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
ML-based platform for EV charging and asset maximization is developed.
2021
Electric vehicle charging points are installed at urban parking garages.
2010
EV charging network developer
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Blink Charging

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Blink Charging Comparisons

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Competitors of Blink Charging

Blink Charging 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, Fastned, EV Connect, FreeWire and EVgo, 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
Cloud-enabled EV charging stations are operated for diverse sectors.
domain founded_year HQ Location
Solar-enabled EV charging stations are operated for plug-in vehicles.
domain founded_year HQ Location
Provider of electric vehicle charging software and solutions
domain founded_year HQ Location
Electric-vehicle charging solutions are developed and provided by FreeWire.
domain founded_year HQ Location
EV charging station operators
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Blink Charging

Frequently Asked Questions about Blink Charging

When was Blink Charging founded?

Blink Charging was founded in 2006 and raised its 1st funding round 4 years after it was founded.

Where is Blink Charging located?

Blink Charging is headquartered in Miami Beach, United States. It is registered at Miami Beach, Florida, United States.

Is Blink Charging a funded company?

Blink Charging is a funded company, having raised a total of $13.55M across 19 funding rounds to date.

How many employees does Blink Charging have?

As of Apr 06, 2024, the latest employee count at Blink Charging is 40.

What is the annual revenue of Blink Charging?

Annual revenue of Blink Charging is $1.47M as on Mar 31, 2023.

What does Blink Charging do?

Blink Charging was founded in 2006 and is headquartered in Miami Beach, United States. Operations focus on the electric vehicle sector, where chargers are designed, developed, and manufactured. A SaaS platform is provided for shared power management and optimal charging times. Solutions are offered for residential and commercial spaces. A mobile application, available on Android and iOS, is used to locate real-time charging stations.

Who are the top competitors of Blink Charging?

Blink Charging's top competitors include Fastned, EV Connect and ChargePoint.

What products or services does Blink Charging offer?

Blink Charging offers Commercial EV Chargers, Residential EV Chargers, and Turnkey EV Services.

Is Blink Charging publicly traded?

Yes, Blink Charging is publicly traded on NASDAQ under the ticker symbol BLNK.

How many acquisitions has Blink Charging made?

Blink Charging has made 7 acquisitions, including 350Green, Beam Charging, and Blink Network.

Who are Blink Charging's investors?
What is Blink Charging's ticker symbol?

The ticker symbol of Blink Charging is BLNK on NASDAQ.

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