About Flo
Flo is a company based in Quebec City (Canada) founded in 2009 by Louis Tremblay. Flo has raised $148.8 million across 2 funding rounds from investors including BDC, Caisse de depot et placement du Quebec and Export Development Canada. Flo offers products and services including FLO Home, FLO Ultra, FLO Mobile App, and CoRe+ Series. Flo operates in a competitive market with competitors including ChargeNet Holdings and AddEnergie Technologies, among others.
- Headquarter Quebec City, Canada
- Founders Louis Tremblay
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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 Flo Services Usa Inc.
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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
$148.8 M (USD)
in 2 rounds
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Latest Funding Round
$136 M (USD), Series E
Jun 18, 2024
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Investors
BDC
& 5 more
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Employee Count
Not available
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Products & Services of Flo
Flo offers a comprehensive portfolio of products and services, including FLO Home, FLO Ultra, FLO Mobile App, and CoRe+ Series.
Residential EV charging device for personal use.
High-speed public charging station for quick EV recharges.
App for locating and managing EV charging sessions.
Durable EV chargers for business and public environments.
People of Flo
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Funding Insights of Flo
Flo has successfully raised a total of $148.8M across 2 strategic funding rounds. The most recent funding activity was a Series E round of $136 million completed in June 2024. 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 Flo
Flo has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include BDC, Caisse de depot et placement du Quebec and Export Development Canada.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on growth-stage startups
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Investment strategies are provided across diverse asset classes and markets.
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Growth capital is provided to climate innovation companies.
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Investor details for Flo
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Investments & Acquisitions by Flo
Investment portfolio details for Flo
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Financial Statements - Flo
Detailed financials for Flo
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Flo Comparisons
Peer comparison for Flo
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Competitors of Flo
Flo 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 and AddEnergie Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS and AI-enabled platform offering electric vehicle charging and management solutions
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Electric-vehicle charging equipment and networking solutions are developed and supplied.
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Detailed competitors of Flo
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Latest news on Flo
Complete news archive for Flo
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Frequently Asked Questions about Flo
Flo was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Flo is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Louis Tremblay is the current CEO of Flo. They have also founded this company.
Flo is a funded company, having raised a total of $148.8M across 2 funding rounds to date.
Flo was founded in 2009 in Quebec City, Canada, and operates in the electric vehicle charging sector. Charging terminals are provided for personal and commercial applications, including models such as CoRe plus, SmartTWO, and SmartTWO-BSR. A network of stations is being expanded across North America. Smart home charging solutions are offered for single-family homes and multi-unit buildings, alongside turnkey EV charging services for property managers, businesses, employers, and municipalities.
Flo's top competitors include ChargeNet Holdings and AddEnergie Technologies.
Flo offers FLO Home, FLO Ultra, FLO Mobile App, and CoRe+ Series.
Flo has 6 investors. Key investors include BDC, Caisse de depot et placement du Quebec, Export Development Canada, Invest Quebec, and Energy Impact Partners.