About ChargeSpot
ChargeSpot is a company based in Hong Kong (China) founded in 2018 by Jackson Chen and Jess Cheng. It operates as a Pay-per-Use / Usage-Based. ChargeSpot has raised $83.7 million across 3 funding rounds from investors including Goldman Sachs, JP Investment and Chartwell Capital. ChargeSpot offers products and services including Portable Charger Rental. ChargeSpot operates in a competitive market with competitors including ChargeNet Holdings, Telai New Energy, ChargeDot, AddEnergie Technologies and Shenzhen Soudian Technology, among others.
- Headquarter Hong Kong, China
- Founders Jackson Chen, Jess Cheng
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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 Inforich Asia Hong Kong Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$83.7 M (USD)
in 3 rounds
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Latest Funding Round
$38.7 M (USD), Series C
Jun 01, 2020
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Investors
Goldman Sachs
& 3 more
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Employee Count
Employee Count
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Products & Services of ChargeSpot
ChargeSpot offers a comprehensive portfolio of products and services, including Portable Charger Rental. 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.
Portable chargers are rented for mobile device charging.
Funding Insights of ChargeSpot
ChargeSpot has successfully raised a total of $83.7M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $38.7 million completed in June 2020. 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 Series C — $38.7M
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First Round
First Round
(01 Jun 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series C - ChargeSpot | Valuation |
investors |
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| Mar, 2020 | Amount | Series B - ChargeSpot | Valuation | Goldman Sachs , JP Investment |
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| Jun, 2018 | Amount | Series A - ChargeSpot | Valuation | Chartwell Capital , Trident Capital |
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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 ChargeSpot
ChargeSpot has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, JP Investment and Chartwell Capital. 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Stage-agnostic investments in US ventures are made by Trident Capital.
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Founded Year | Domain | Location | |
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Provides investment management services focused on portfolio construction and risk assessment.
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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 ChargeSpot
| 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 - ChargeSpot
| 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 |
Chargespot Comparisons
Competitors of ChargeSpot
ChargeSpot 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, Telai New Energy, ChargeDot, AddEnergie Technologies and Shenzhen Soudian Technology, 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 |
Operator of an EV charging network
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| domain | founded_year | HQ Location |
Electric vehicle charging stations are provided and operated by ChargeDot.
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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 |
Mobile power bank rentals are facilitated via an online platform.
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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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Frequently Asked Questions about ChargeSpot
When was ChargeSpot founded?
ChargeSpot was founded in 2018.
Where is ChargeSpot located?
ChargeSpot is headquartered in Hong Kong, China.
Who is the current CEO of ChargeSpot?
Jess Cheng is the current CEO of ChargeSpot. They have also founded this company.
Is ChargeSpot a funded company?
ChargeSpot is a funded company, having raised a total of $83.7M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 01, 2018.
What does ChargeSpot do?
ChargeSpot is established as a prominent provider of shared mobile charging services, operating across multiple regions including Hong Kong, Japan, Thailand, Taiwan, and Singapore. Portable chargers are offered for rent through a network of stations, accessible via a dedicated app or partner platforms. Services are tailored for convenience, supporting cross-border returns and multiple payment methods. The company is focused on consumer electronics within the portable power solutions segment, catering to urban mobile users.
Who are the top competitors of ChargeSpot?
ChargeSpot's top competitors include ChargeNet Holdings, Telai New Energy and ChargeDot.
What products or services does ChargeSpot offer?
ChargeSpot offers Portable Charger Rental.
Who are ChargeSpot's investors?
ChargeSpot has 4 investors. Key investors include Goldman Sachs, JP Investment, Chartwell Capital, and Trident Capital.