About EverCharge
EverCharge is a company based in San Francisco (United States) founded in 2013 was acquired by SK E&S in March 2022.. EverCharge has raised $8.75 million across 5 funding rounds from investors including Eventbrite, Leland Stanford Junior University and SK E&S. EverCharge offers products and services including EV02, Cove, DCFC, Glance, and SmartPower. EverCharge operates in a competitive market with competitors including Wallbox, POD Point, Span.IO, CTEK and EO Charging, among others.
- Headquarter San Francisco, United States
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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
*********
- Legal Name Evercharge, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.75 M (USD)
in 5 rounds
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Latest Funding Round
$6 M (USD), Series A
Feb 26, 2019
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Investors
Eventbrite
& 3 more
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Employee Count
Employee Count
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Acquired by
SK E&S
(Mar 18, 2022)
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Products & Services of EverCharge
EverCharge offers a comprehensive portfolio of products and services, including EV02, Cove, DCFC, Glance, and SmartPower. 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.
Level 2 hardware for efficient vehicle charging in various settings
DCFC solution for fast charging applications
High-speed EV charging technology for fleets and workplaces
CSMS for managing and monitoring EV charging networks
Technology to maximize chargers on existing infrastructure
Funding Insights of EverCharge
EverCharge has successfully raised a total of $8.75M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in February 2019. 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 5
- Last Round Series A — $6.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Series A - EverCharge | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - EverCharge | Valuation |
investors |
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| Jun, 2016 | Amount | Seed - EverCharge | Valuation | Bolt |
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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 EverCharge
EverCharge has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Eventbrite, Leland Stanford Junior University and SK E&S. 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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Seed-stage investments in US companies are made by Bolt.
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Founded Year | Domain | Location | |
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Various courses and degrees across diversified streams are offered.
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Founded Year | Domain | Location | |
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Platform for discovering and purchasing tickets for events
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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 EverCharge
| 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 - EverCharge
| 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 |
Evercharge Comparisons
Competitors of EverCharge
EverCharge 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 Wallbox, POD Point, Span.IO, CTEK and EO Charging, 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 |
Provider of electric-vehicle charging solutions
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| domain | founded_year | HQ Location |
Provider of electric vehicle charging solutions
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
EV chargers for automotive batteries are manufactured and distributed worldwide.
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| domain | founded_year | HQ Location |
EV charging points for car parks are designed and manufactured.
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| domain | founded_year | HQ Location |
SaaS management solutions for EV charging operators are provided.
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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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Latest news on Evercharge
Frequently Asked Questions about EverCharge
When was EverCharge founded?
EverCharge was founded in 2013.
Where is EverCharge located?
EverCharge is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of EverCharge?
Jason Appelbaum is the current CEO of EverCharge.
Is EverCharge a funded company?
EverCharge is a funded company, having raised a total of $8.75M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Apr 24, 2013.
What does EverCharge do?
EverCharge was founded in 2013 and is headquartered in San Francisco, United States. Operations focus on the electric vehicle sector, where charging infrastructure is supplied for multifamily housing such as apartments and condominiums, as well as commercial fleets. Services include installation and management of EV charging stations tailored to residential and fleet needs, supporting broader adoption of electric vehicles in urban and operational environments.
Who are the top competitors of EverCharge?
What products or services does EverCharge offer?
EverCharge offers EV02, Cove, DCFC, Glance, and SmartPower.
Who are EverCharge's investors?
EverCharge has 4 investors. Key investors include Eventbrite, Leland Stanford Junior University, SK E&S, and Bolt.