Bonnet

London, United Kingdom Founded: 2019 • Age: 7 yrs Acquired By OVO Energy
EV charging app for electric car charging

About Bonnet

Bonnet is a Transportation, Automotive & Logistics company based in London (United Kingdom) founded in 2019 by Eliot Makabu and Patrick Reich, and was acquired by OVO Energy in November 2023. EV charging app for electric car charging. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Bonnet has raised $12.35 million across 4 funding rounds from investors including OVO Energy, Imperial College London and Lightspeed Venture Partners. The company has 20 employees. Its chief executive, as recorded, is Patrick Reich. Its website joinbonnet.com draws about 14 thousand monthly visits. Bonnet offers products and services including EV Charging App and Membership Plans. Its focus areas include Energy Tech, Energy Storage Tech, Charging and Station Network. Its legal entity is BONNET LTD.

Company details

Bonnet was founded in 2019 in London, United Kingdom, within the electric vehicle mobility sector. An app is provided for users to locate charging stations by location, receive pricing notifications and updates, access charging details, plan routes, initiate plug-ins for vehicles, and complete payments. Operations focus on integrating these functions into a single platform for electric car owners.

  • Headquarters London, United Kingdom
  • Employees 20
  • Founders Eliot Makabu, Patrick Reich
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Website category Vehicles · Motorsports
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website joinbonnet.com
  • Social LinkedIn X Instagram
  • Acquired by OVO Energy (Nov 2023)
  • Legal Name Bonnet Ltd
  • Date of Incorporation 25 Oct, 2019
  • Jurisdiction BRISTOL, ENGLAND
Key Metrics
  • Total Equity Funding
    $12.35M (USD)

    in 4 rounds

  • Latest Funding Round
    $5.5M (USD), Series A

    Dec 2022

  • Investors
    OVO Energy

    & 13 more

  • Employee Count
    20
  • Acquired by
    OVO Energy

    (Nov 2023)

Products & Services of Bonnet

Bonnet offers a comprehensive portfolio of products and services, including EV Charging App and Membership Plans.

EV Charging App
Mobile Application

App for finding and paying at EV charging stations.

Membership Plans
Subscription Service

Service offering discounts and rewards on EV charging.

Funding Insights of Bonnet

Bonnet has successfully raised a total of $12.35M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in December 2022. 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 $12.35M
  • Total Rounds 4
  • Last Round Series A β€” $5.5M
  • First Round $1.25M

    (Jul 2021)

  • Investors Count 13

All 4 funding rounds of Bonnet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2022$5.5MSeries A–Lightspeed Venture Partners
Feb 2022$5.6MSeed––
–
Aug 2021$95,757Grant––
Jul 2021$1.25MSeed–Ascension
Valuation history

14 investors in total: 9 institutional and 5 angel.

Investors in Bonnet

Bonnet has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include OVO Energy, Imperial College London and Lightspeed Venture Partners.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Corporate backed venture capital fund investing in multiple sectors
gv.comMountain View, United States
Early-stage startups are invested in by APX venture capital firm.
apx.vcBerlin, Germany
Early-stage startups at venture-media intersections are funded by 20VC Fund.
20vc.fundLondon, United Kingdom
Ascension is recognized as a venture capital firm focused on early-stage tech investments.
ascension.vcLondon, United Kingdom
Research and innovation funding is managed for UK advancement.
2018ukri.orgSwindon, United Kingdom
Guidance is offered for OZEV EV chargepoint grant applications.
ozevgrant.com
Multiple courses and degrees are offered across diversified academic streams.
1907imperial.ac.ukLondon, United Kingdom
Renewable energy is supplied via app-based platform by OVO Energy.
2009ovoenergy.comBristol, United Kingdom

Jon McNeill

Venture capitalist, ex-Tesla COO, angel investor in Indian startups
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Investor details for Bonnet

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People of Bonnet

7 people are tracked at Bonnet (2 in leadership, 5 in team); the tracked headcount is 20.

NameRoleGroup
Eliot Makabu
Co-FounderLeadership
Patrick Reich
Co-Founder & CEOLeadership
Anna Takacs
Product Design LeadTeam
Mik Ridhwan
Network Growth LeadTeam
Tu-Han Vincent-Sultan
Regional ManagerTeam
Freddie Eastham
Product LeadTeam
Marko Nikolov
iOS Software DeveloperTeam
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Timeline of Bonnet

4 dated milestones of Bonnet across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bonnet is founded.
  2. Funding First funding round of $1.3M.
  3. Funding Latest funding round, Series A, of $5.5M.
  4. Exit Acquired by OVO Energy.

Web traffic of Bonnet

The website of Bonnet (joinbonnet.com) receives about 14.5K visits a month and ranks #1,948,562 among all websites worldwide, #2,133 in Motorsports.

  • Monthly visits
    14.5K

    ▲ 11% vs previous month

  • Unique visitors
    5.6K

    per month

  • Global rank
    #1,948,562

    among all websites

  • Category rank
    #2,133

    Vehicles · Motorsports

Similar websites

Websites whose visitors overlap most with Bonnet. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
rightcharge.co.uk
100%
10.8K#2,349,057View details
leccy.net
leccy.net
100%
#3,242,628–
rav4resource.com
rav4resource.com
94%
#2,250,020–
electriccarguide.co.uk
electriccarguide.co.uk
88%
#5,875,165–
hypervolt.co.uk
86%
114.2K#335,260View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Frequently Asked Questions about Bonnet

Bonnet was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Bonnet is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Patrick Reich is the CEO of Bonnet, as recorded in our data. They have also founded this company.

Bonnet is a funded company, having raised a total of $12.35M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on Jul 2021.

Bonnet has 20 employees.

Bonnet was founded in 2019 in London, United Kingdom, within the electric vehicle mobility sector. An app is provided for users to locate charging stations by location, receive pricing notifications and updates, access charging details, plan routes, initiate plug-ins for vehicles, and complete payments. Operations focus on integrating these functions into a single platform for electric car owners.

Bonnet offers EV Charging App and Membership Plans.

Bonnet operates through Bonnet Ltd.

Yes. Bonnet was acquired by OVO Energy in November 2023.

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