About Electreon
Electreon is a company based in Tel Aviv-yafo (Israel) founded in 1992. It operates as a Charging as a Service, Pay-per-Use / Usage-Based, and Subscription Services. Electreon has completed 1 acquisition, including InductEV. Electreon offers products and services including Wireless EV Charging and Charging as a Service (CaaS). Electreon operates in a competitive market with competitors including WiTricity, Wiferion, Wireless Advanced Vehicle Electrification, easE-Link and InductEV, among others.
- Headquarter Tel Aviv-yafo, Israel
- Stage Public
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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 Electreon Wireless Ltd
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Annual Revenue
$6.38 M (USD)167.02as on Dec 31, 2023
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Net Profit
$-20.95 M (USD)8.17as on Dec 31, 2023
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EBITDA
$-21.47 M (USD)11.2as on Dec 31, 2023
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Latest Funding Round
$50 M (USD), Post-IPO
Jun 30, 2020
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Investors
Sphera Solutions
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Electreon
Electreon is a publicly listed company on the TASE with ticker symbol ELWS in Israel, operating in the Producer manufacturing 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.
Products & Services of Electreon
Electreon offers a comprehensive portfolio of products and services, including Wireless EV Charging and Charging as a Service (CaaS). 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.
Wireless charging solutions for electric vehicles are provided.
Financing options for EV charging infrastructure are offered.
Unlock access to complete
Funding Insights of Electreon
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $50.0M
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First Round
First Round
(30 Jun 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2020 | Amount | Post-IPO - Electreon | 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 Electreon
Electreon has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Sphera Solutions, Migdal Group and Afcon. 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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Cloud-based QEHS and operational risk software is provided.
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Founded Year | Domain | Location | |
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EPC and project development services for utility projects are provided.
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Founded Year | Domain | Location | |
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Insurance and financial services are offered in Israel.
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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 Electreon
Electreon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include InductEV. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Wireless charging solutions are delivered via an AI platform.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Electreon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Electreon Comparisons
Competitors of Electreon
Electreon 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 WiTricity, Wiferion, Wireless Advanced Vehicle Electrification, easE-Link and InductEV, 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 |
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| domain | founded_year | HQ Location |
Magnetic resonance-based wireless charging for electric vehicles is developed.
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| domain | founded_year | HQ Location |
Wireless charging systems for electric vehicle stations are developed.
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| domain | founded_year | HQ Location |
Wireless EV charging station developers
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| domain | founded_year | HQ Location |
Conductive self-charging technology for electric vehicles is developed.
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| domain | founded_year | HQ Location |
Wireless charging solutions are delivered via an AI platform.
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| domain | founded_year | HQ Location |
Wireless charging solutions for electric kick scooters are developed.
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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 Electreon
Frequently Asked Questions about Electreon
When was Electreon founded?
Electreon was founded in 1992 and raised its 1st funding round 28 years after it was founded.
Where is Electreon located?
Electreon is headquartered in Tel Aviv-yafo, Israel. It is registered at Tel Aviv-yafo, Tel Aviv District, Israel.
What is the annual revenue of Electreon?
Annual revenue of Electreon is $6.38M as on Dec 31, 2023.
What does Electreon do?
Wireless charging infrastructure and services for electric vehicles are delivered by Electreon. The company focuses on dynamic and stationary charging solutions for fleet operators and municipalities. Sectors served include transportation and urban mobility, with an emphasis on reducing emissions and operational costs. Flexible business models like Charging as a Service are offered to eliminate upfront investment barriers. Projects are implemented globally, including a pioneering wireless Electric Road System in urban environments.
Who are the top competitors of Electreon?
What products or services does Electreon offer?
Electreon offers Wireless EV Charging and Charging as a Service (CaaS).
Is Electreon publicly traded?
Yes, Electreon is publicly traded on TASE under the ticker symbol ELWS.
How many acquisitions has Electreon made?
Electreon has made 1 acquisition, including InductEV.
Who are Electreon's investors?
Electreon has 5 investors. Key investors include Sphera Solutions, Migdal Group, Afcon, Psagot Investment House, and Halman-Aldubi Group.
What is Electreon's ticker symbol?
The ticker symbol of Electreon is ELWS on TASE.