About DRIVECO
DRIVECO is a company based in Paris (France) founded in 2010.. DRIVECO has raised $274.29 million across 1 funding round from investors including APG. DRIVECO offers products and services including EV Charging Stations and DRIVECO App. DRIVECO operates in a competitive market with competitors including Fastned, ChargeNet Holdings, Electra, Zeplug and IZIVIA, among others.
- Headquarter Paris, France
-
Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Driveco
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$274.29 M (USD)
in 1 rounds
-
Latest Funding Round
$274.29 M (USD), Private Equity Round
May 11, 2023
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of DRIVECO
DRIVECO offers a comprehensive portfolio of products and services, including EV Charging Stations and DRIVECO App. 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.
Network of fast charging points powered by green energy
App for locating and managing EV charging sessions
Funding Insights of DRIVECO
DRIVECO has successfully raised a total of $274.29M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $274.29 million completed in May 2023. 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 1
- Last Round Private Equity Round — $274.3M
-
First Round
First Round
(11 May 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Private Equity Round - DRIVECO | 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 DRIVECO
DRIVECO has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include APG. 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 |
|---|---|---|---|---|
|
Pension assets are managed for Dutch families and retirees.
|
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 DRIVECO
| 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 |
Financial Statements - DRIVECO
| 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 |
Driveco Comparisons
Competitors of DRIVECO
DRIVECO 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 Fastned, ChargeNet Holdings, Electra, Zeplug and IZIVIA, 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 |
Solar-enabled EV charging stations are operated for plug-in vehicles.
|
|
| domain | founded_year | HQ Location |
SaaS and AI-enabled platform offering electric vehicle charging and management solutions
|
|
| domain | founded_year | HQ Location |
Fast charging solutions for electric vehicles are provided.
|
|
| domain | founded_year | HQ Location |
Electric-vehicle charging solutions are provided for operators and developers.
|
|
| domain | founded_year | HQ Location |
Offering solutions for electric vehicle charging
|
| 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 Driveco
Frequently Asked Questions about DRIVECO
When was DRIVECO founded?
DRIVECO was founded in 2010 and raised its 1st funding round 13 years after it was founded.
Where is DRIVECO located?
DRIVECO is headquartered in Paris, France.
Who is the current CEO of DRIVECO?
Ion Leahu Aluas is the current CEO of DRIVECO.
Is DRIVECO a funded company?
DRIVECO is a funded company, having raised a total of $274.29M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $274.29M, raised on May 11, 2023.
What does DRIVECO do?
Founded in 2010 and based in Paris, France, operations in the renewable energy sector are conducted by focusing on electric vehicle charging infrastructure. Charging terminals, management software, and installation services are developed and provided. Products such as solar-integrated stations with photovoltaic panels and output capacities up to 29 kW, plug-in charging units, and grid-independent systems are offered, alongside supervision tools for remote maintenance and energy oversight.
Who are the top competitors of DRIVECO?
DRIVECO's top competitors include Fastned, ChargeNet Holdings and IZIVIA.
What products or services does DRIVECO offer?
DRIVECO offers EV Charging Stations and DRIVECO App.
Who are DRIVECO's investors?
DRIVECO has 1 investor. Key investors include APG.