About Chargefox
Chargefox is a company based in Melbourne (Australia) founded in 2017 by Mark Wells and Martin Andrews was acquired by Australian Motoring Services in July 2022.. Chargefox has raised $8 million across 2 funding rounds from investors including Victorian Government, Australian Renewable Energy Agency and Australian Motoring Services. Chargefox offers products and services including Chargefox App, Charger Hosting Service, and Fleet Electrification Solutions. Chargefox operates in a competitive market with competitors including ChargeNet Holdings, AddEnergie Technologies, Evie Networks, Vyro and Charge HQ, among others.
- Headquarter Melbourne, Australia
- Founders Mark Wells, Martin Andrews
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Sectors
Transportation, Automotive & LogisticsEnvironment Energy & 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
$8 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series A
Oct 22, 2018
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Investors
Victorian Government
& 4 more
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Employee Count
Employee Count
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Acquired by
Australian Motoring Services
(Jul 04, 2022)
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Products & Services of Chargefox
Chargefox offers a comprehensive portfolio of products and services, including Chargefox App, Charger Hosting Service, and Fleet Electrification Solutions. 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.
App for finding, charging, and paying at EV stations.
Service for businesses to host and manage EV chargers.
Tools for transitioning and monitoring electric vehicle fleets.
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Funding Insights of Chargefox
Chargefox has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in October 2018. 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 2
- Last Round Series A — $8.0M
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First Round
First Round
(22 Oct 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series A - Chargefox | Valuation | Australian Motoring Services , Wilson Transformer Company | |
| Oct, 2018 | Amount | Grant - Chargefox | 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 Chargefox
Chargefox has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Victorian Government, Australian Renewable Energy Agency and Australian Motoring 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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Cleantech sector funding is provided via venture capital investments.
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Founded Year | Domain | Location | |
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Governance and public services for Victoria are administered.
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Founded Year | Domain | Location | |
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Australian Motoring Services is recognized as a leading provider of automotive solutions in Australia.
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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 Chargefox
| 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 - Chargefox
| 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 |
Chargefox Comparisons
Competitors of Chargefox
Chargefox 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 ChargeNet Holdings, AddEnergie Technologies, Evie Networks, Vyro and Charge HQ, 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 and AI-enabled platform offering electric vehicle charging and management solutions
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| domain | founded_year | HQ Location |
Electric-vehicle charging equipment and networking solutions are developed and supplied.
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| domain | founded_year | HQ Location |
EV charging station operators
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| domain | founded_year | HQ Location |
Online platform for buying electric cars
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| domain | founded_year | HQ Location |
Cloud-based platform for smart EV charging at home
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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 Chargefox
Frequently Asked Questions about Chargefox
When was Chargefox founded?
Chargefox was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Chargefox located?
Chargefox is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Chargefox?
Martin Andrews is the current CEO of Chargefox. They have also founded this company.
Is Chargefox a funded company?
Chargefox is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Oct 22, 2018.
What does Chargefox do?
An electric vehicle charging network was established in 2017 in Melbourne, Australia. Partnerships with local businesses are formed to deploy charging stations equipped with hardware and backend systems. Ultra-rapid chargers delivering 150kW to 300kW output are provided. An app for Android and iOS devices is offered, enabling drivers to locate available stations, initiate charging, and handle payments.
Who are the top competitors of Chargefox?
Chargefox's top competitors include ChargeNet Holdings, Evie Networks and Charge HQ.
What products or services does Chargefox offer?
Chargefox offers Chargefox App, Charger Hosting Service, and Fleet Electrification Solutions.
Who are Chargefox's investors?
Chargefox has 5 investors. Key investors include Victorian Government, Australian Renewable Energy Agency, Australian Motoring Services, Wilson Transformer Company, and Greg Roebuck.