About Electrify America
Electrify America is a company based in Reston (United States) founded in 2016. Electrify America has raised $450 million across 1 funding round from investors including Siemens and Volkswagen Group. Electrify America operates in a competitive market with competitors including ChargePoint, EV Connect, FreeWire, EVgo and Blink Charging, among others.
- Headquarter Reston, United States
- Stage Unicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$450 M (USD)
in 1 rounds
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Latest Funding Round
$450 M (USD), Series C
Jun 28, 2022
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Investors
Siemens
& 1 more
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Employee Count
Not available
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People of Electrify America
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Funding Insights of Electrify America
Electrify America has successfully raised a total of $450M through 1 strategic funding round. The most recent funding activity was a Series C round of $450 million completed in June 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.
Investors in Electrify America
Electrify America has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Siemens and Volkswagen Group.
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Industrial software is developed for automation, electrification, and digitalization solutions.
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Passenger and commercial vehicles are manufactured globally by Volkswagen Group.
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Investor details for Electrify America
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Investments & Acquisitions by Electrify America
Investment portfolio details for Electrify America
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Financial Statements - Electrify America
Detailed financials for Electrify America
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Electrify America Comparisons
Peer comparison for Electrify America
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Competitors of Electrify America
Electrify America 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 ChargePoint, EV Connect, FreeWire, EVgo and Blink Charging, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-enabled EV charging stations are operated for diverse sectors.
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Provider of electric vehicle charging software and solutions
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Electric-vehicle charging solutions are developed and provided by FreeWire.
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EV charging station operators
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Electric vehicle charging networks and SaaS solutions are operated.
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Detailed competitors of Electrify America
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Latest news on Electrify America
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Frequently Asked Questions about Electrify America
Electrify America was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Electrify America is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.
Giovanni Palazzo is the current CEO of Electrify America.
Electrify America is a funded company, having raised a total of $450M across 1 funding round to date.
Electrify America was founded in 2016 and is based in Reston, United States. Electric vehicle charging solutions are offered in the clean energy sector, with devices developed for residential areas, commercial spaces, and public locations. An app is provided for locating DC fast chargers, checking availability, reserving stations, starting and monitoring sessions, processing payments, and guiding navigation. The app is supported on Android and iOS platforms.
Electrify America's top competitors include EV Connect, ChargePoint and EVgo.
Electrify America has 2 investors. Key investors include Siemens, and Volkswagen Group.
The valuation of Electrify America is $2.45B as of Jun 2022.