About IONITY
IONITY is a company based in Munchen (Germany) founded in 2017 was acquired by Hyundai Motor Company in September 2020. IONITY has raised $791 million across 7 funding rounds from investors including Kia, Hyundai Motor Company and BlackRock. IONITY offers products and services including IONITY App, IONITY Power Subscription, and IONITY Motion Subscription. IONITY operates in a competitive market with competitors including ChargePoint, Fastned, Wirelane, ChargeNet Holdings and Qwello, among others.
- Headquarter Munchen, Germany
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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 Ionity Gmbh
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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
$791 M (USD)
in 7 rounds
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Latest Funding Round
$791 M (USD), Series B
Oct 22, 2021
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Investors
Kia
& 4 more
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Employee Count
Not available
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Acquired by
Hyundai Motor Company
(Sep 02, 2020)
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Products & Services of IONITY
IONITY offers a comprehensive portfolio of products and services, including IONITY App, IONITY Power Subscription, and IONITY Motion Subscription.
Mobile app for managing EV charging sessions and payments.
Monthly plan offering discounted EV charging rates for frequent users.
Occasional use plan with lower charging costs per session.
People of IONITY
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Funding Insights of IONITY
IONITY has successfully raised a total of $791M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $791 million completed in October 2021. 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 IONITY
IONITY has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Kia, Hyundai Motor Company and BlackRock.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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Motor vehicles and parts are manufactured, imported, distributed, and sold.
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Passenger vehicles including sedans, SUVs, and electric models are manufactured.
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Investor details for IONITY
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Investments & Acquisitions by IONITY
Investment portfolio details for IONITY
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Financial Statements - IONITY
Detailed financials for IONITY
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Ionity Comparisons
Peer comparison for IONITY
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Competitors of IONITY
IONITY 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, Fastned, Wirelane, ChargeNet Holdings and Qwello, among others.
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Cloud-enabled EV charging stations are operated for diverse sectors.
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Solar-enabled EV charging stations are operated for plug-in vehicles.
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Plug-in charging systems with hardware and software are developed.
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SaaS and AI-enabled platform offering electric vehicle charging and management solutions
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Electric vehicle charging solutions are offered via a mobile app.
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Detailed competitors of IONITY
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Latest news on Ionity
Complete news archive for IONITY
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Frequently Asked Questions about IONITY
IONITY was founded in 2017.
IONITY is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Michael Hajesch is the current CEO of IONITY.
IONITY is a funded company, having raised a total of $791M across 7 funding rounds to date.
IONITY was founded in 2017 and is headquartered in Munich, Germany. A network of electric vehicle charging stations is managed across Europe, enabling users to locate stations and initiate charging sessions. Access is facilitated through provision of location data, user information, and payment details. The service supports the growing demand for EV infrastructure in the automotive sector, with operations focused on reliable and widespread charging solutions.
IONITY's top competitors include Fastned, ChargePoint and ChargeNet Holdings.
IONITY offers IONITY App, IONITY Power Subscription, and IONITY Motion Subscription.
IONITY has 5 investors. Key investors include Kia, Hyundai Motor Company, BlackRock, European Union, and Bund.de.