About Qwello
Qwello is a company based in Munchen (Germany) founded in 2017.. Qwello has raised $57.88 million across 1 funding round from investors including Tiger Infrastructure. The company has 16 employees as of December 31, 2020. Qwello has completed 1 acquisition, including Park 'n Charge. Qwello operates in a competitive market with competitors including ChargePoint, Fastned, IONITY, Wirelane and ChargeNet Holdings, among others.
- Headquarter Munchen, Germany
- Employees 16 as on 31 Dec, 2020
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$57.88 M (USD)
in 1 rounds
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Latest Funding Round
$57.88 M (USD), Series C
Nov 02, 2021
- Investors
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Employee Count
16
as on Dec 31, 2020
- Investments & Acquisitions
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Funding Insights of Qwello
Qwello has successfully raised a total of $57.88M through 1 strategic funding round. The most recent funding activity was a Series C round of $57.88 million completed in November 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 1
- Last Round Series C — $57.9M
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First Round
First Round
(02 Nov 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Series C - Qwello | Valuation | Tiger Infrastructure Partners |
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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 Qwello
Qwello has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Tiger Infrastructure. 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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Tiger Infrastructure is focused on middle market infrastructure investments.
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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 Qwello
Qwello has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Park 'n Charge. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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EV charging solutions are provided for vehicles in the Netherlands.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Qwello
| 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 |
Qwello Comparisons
Competitors of Qwello
Qwello 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, IONITY, Wirelane and ChargeNet Holdings, 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 |
EV charging station network is operated for vehicle users.
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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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| 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 Qwello
Frequently Asked Questions about Qwello
When was Qwello founded?
Qwello was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Qwello located?
Qwello is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Qwello a funded company?
Qwello is a funded company, having raised a total of $57.88M across 1 funding round to date. The company's 1st funding round was a Series C of $57.88M, raised on Nov 02, 2021.
How many employees does Qwello have?
As of Dec 31, 2020, the latest employee count at Qwello is 16.
What does Qwello do?
Qwello was founded in 2017 and is based in Munich, Germany. Operations focus on the electric vehicle charging sector, where solutions are delivered through a mobile application compatible with iOS and Android platforms. Availability of charging points is monitored and accessed by users via the app. The companys domain, qwello.eu, supports these services across relevant geographies in Europe.
Who are the top competitors of Qwello?
Qwello's top competitors include IONITY, Fastned and ChargePoint.
How many acquisitions has Qwello made?
Qwello has made 1 acquisition, including Park 'n Charge.
Who are Qwello's investors?
Qwello has 1 investor. Key investors include Tiger Infrastructure.