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
*********
- Legal Name Ionity Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
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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. 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.
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.
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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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $791.0M
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First Round
First Round
(15 Jul 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series B - IONITY | Valuation | BlackRock |
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| Sep, 2019 | Amount | Series A - IONITY | Valuation | Kia , Hyundai Motor Company |
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| Apr, 2019 | Amount | Debt – Conventional - IONITY | 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 IONITY
IONITY has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Kia, Hyundai Motor Company and BlackRock. 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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Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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Founded Year | Domain | Location | |
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Motor vehicles and parts are manufactured, imported, distributed, and sold.
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Founded Year | Domain | Location | |
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Passenger vehicles including sedans, SUVs, and electric models are manufactured.
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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 IONITY
| 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 - IONITY
| 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 |
Ionity Comparisons
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. 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 |
Cloud-enabled EV charging stations are operated for diverse sectors.
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| domain | founded_year | HQ Location |
Solar-enabled EV charging stations are operated for plug-in vehicles.
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| domain | founded_year | HQ Location |
Plug-in charging systems with hardware and software are developed.
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| domain | founded_year | HQ Location |
SaaS and AI-enabled platform offering electric vehicle charging and management solutions
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| domain | founded_year | HQ Location |
Electric vehicle charging solutions are offered via a mobile app.
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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 Ionity
Frequently Asked Questions about IONITY
When was IONITY founded?
IONITY was founded in 2017.
Where is IONITY located?
IONITY is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of IONITY?
Michael Hajesch is the current CEO of IONITY.
Is IONITY a funded company?
IONITY is a funded company, having raised a total of $791M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $43.57M, raised on Jul 15, 2017.
What does IONITY do?
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.
Who are the top competitors of IONITY?
IONITY's top competitors include Fastned, ChargePoint and ChargeNet Holdings.
What products or services does IONITY offer?
IONITY offers IONITY App, IONITY Power Subscription, and IONITY Motion Subscription.
Who are IONITY's investors?
IONITY has 5 investors. Key investors include Kia, Hyundai Motor Company, BlackRock, European Union, and Bund.de.
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