About Recargo
Recargo is a company based in Los Angeles (United States) founded in 2010 was acquired by EVgo in July 2021. Recargo has raised $2 million across 1 funding round from investors including EVgo and Innogy. The company has 16 employees as of December 31, 2018. Recargo has completed 1 acquisition, including Xatori. Recargo offers products and services including PlugShare App, PlugShare API, PlugShare Research, PlugShare DataTool, and PlugShare Dashboard. Recargo operates in a competitive market with competitors including Bluedot, PlugShare, EVMatch, Vehya and TEQ Charging, among others.
- Headquarter Los Angeles, United States
- Employees 16 as on 31 Dec, 2018
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Phone
Locked
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Website
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Social
Locked
- Legal Name Recargo 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
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Apr 23, 2013
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Investors
EVgo
& 1 more
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Employee Count
16
as on Dec 31, 2018
- Investments & Acquisitions
- Acquired by
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Products & Services of Recargo
Recargo offers a comprehensive portfolio of products and services, including PlugShare App, PlugShare API, PlugShare Research, PlugShare DataTool, and PlugShare Dashboard.
App for locating and reviewing electric vehicle charging stations.
API providing charging station data for in-vehicle and mobile apps.
Research tools using surveys from EV drivers worldwide.
Data solutions for business and government EV needs.
Dashboard for monitoring and managing charging network operations.
Funding Insights of Recargo
Recargo has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in April 2013. 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 Recargo
Recargo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include EVgo and Innogy.
| Investor | Description | Founded Year | Domain | Location |
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Power and gas are generated, transmitted, and distributed across Europe.
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EV charging station operators
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Investor details for Recargo
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Investments & Acquisitions by Recargo
Recargo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Xatori.
Investment portfolio details for Recargo
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Software for electric vehicles
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Complete acquisition details for Recargo
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Financial Statements - Recargo
Detailed financials for Recargo
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Recargo Comparisons
Peer comparison for Recargo
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Competitors of Recargo
Recargo 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 Bluedot, PlugShare, EVMatch, Vehya and TEQ Charging, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Bluedot is focused on simplifying EV charging payments and access.
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Platform and app for EV drivers
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App based solution to connect EV drivers and charging hosts
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AI-based solutions for electric vehicle charging are provided.
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Intelligent EV charging systems are developed using adaptive algorithms.
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App-based platform to locate electric vehicle charging points
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Detailed competitors of Recargo
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Latest news on Recargo
Complete news archive for Recargo
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Frequently Asked Questions about Recargo
Recargo was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Recargo is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Recargo is a funded company, having raised a total of $2M across 1 funding round to date.
As of Dec 31, 2018, the latest employee count at Recargo is 16.
Recargo was founded in 2010 in Los Angeles, United States, as a developer of mobile applications targeted at drivers of electric and alternative fuel vehicles. Operations focus on tools for locating charging stations and related services. The initial web-based charging station locator was released in July 2010, followed by iOS-compatible versions for iPhone, iPad, and iPod touch in December 2010. The sector involves automotive software for sustainable transportation.
Recargo offers PlugShare App, PlugShare API, PlugShare Research, PlugShare DataTool, and PlugShare Dashboard.
Recargo has made 1 acquisition, including Xatori.