About Lectrium
Lectrium is a company based in Palo Alto (United States) founded in 2021 by Peter Barba and Zygimantas Zabieta.. Lectrium has raised $150 thousand across 1 funding round from investors including URBAN-X. Lectrium offers products and services including EV Knowledge Hub, EV Savings Badge, and EV Range Map. Lectrium operates in a competitive market with competitors including evCHARGEsolutions, Fenice EVS, WooEV, Electric Car Parts Company and EV Performance, among others.
- Headquarter Palo Alto, United States
- Founders Peter Barba, Zygimantas Zabieta
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Sectors
Transportation, Automotive & Logistics
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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 Lectrium, 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
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Mar 11, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Lectrium
Lectrium offers a comprehensive portfolio of products and services, including EV Knowledge Hub, EV Savings Badge, and EV Range Map. 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.
Platform providing resources and knowledge on electric vehicles for dealerships.
Tool to calculate and display savings from electric vehicle purchases.
Service offering range estimates and mapping for electric vehicles.
Funding Insights of Lectrium
Lectrium has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in March 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $150,000
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First Round
First Round
(11 Mar 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Seed - Lectrium | Valuation | URBAN-X |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Lectrium
Lectrium has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include URBAN-X. 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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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 Lectrium
| 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 - Lectrium
| 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 |
Lectrium Comparisons
Competitors of Lectrium
Lectrium 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 evCHARGEsolutions, Fenice EVS, WooEV, Electric Car Parts Company and EV Performance, 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 |
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| domain | founded_year | HQ Location |
Online store for Electric Vehicle Supply Equipment
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering a wide range of electric vehicle components.
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| domain | founded_year | HQ Location |
Sells custom fit floor mats, trunk liners, and cargo covers for cars.
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| domain | founded_year | HQ Location |
Sells lithium batteries, chargers, and components for electric vehicles and solar energy storage.
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| domain | founded_year | HQ Location |
Manages an e-commerce store for multi-category electric vehicle components.
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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 Lectrium
Frequently Asked Questions about Lectrium
When was Lectrium founded?
Lectrium was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Lectrium located?
Lectrium is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Lectrium a funded company?
Lectrium is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Mar 11, 2024.
What does Lectrium do?
Lectrium was founded in 2021 in Palo Alto, United States, and operates in the electric vehicle charging sector. Home charging solutions are offered through a platform that supplies Level 2 chargers. These chargers are delivered directly to customers and installed by certified electricians. The focus is placed on accessible EV infrastructure for residential use.
Who are the top competitors of Lectrium?
Lectrium's top competitors include evCHARGEsolutions, Fenice EVS and WooEV.
What products or services does Lectrium offer?
Lectrium offers EV Knowledge Hub, EV Savings Badge, and EV Range Map.
Who are Lectrium's investors?
Lectrium has 1 investor. Key investors include URBAN-X.