Recargo

Los Angeles, United States Founded: 2010 • Age: 16 yrs Acquired By EVgo
Mobile applications for electric vehicle drivers are developed.

About Recargo

Recargo is a Transportation, Automotive & Logistics company based in Los Angeles (United States) founded in 2010, and was acquired by EVgo in July 2021. Mobile applications for electric vehicle drivers are developed. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Recargo has raised $2 million across 1 funding round from investors including EVgo and Innogy. The company has 16 employees. Recargo has completed 1 acquisition, including Xatori. Recargo offers products and services including PlugShare App, PlugShare API, PlugShare Research, PlugShare DataTool, and PlugShare Dashboard. Its focus areas include Energy Tech, Energy Storage Tech, Charging and Station Network. Its legal entity is Recargo Inc. Its competitors include Bluedot, PlugShare and EVMatch; 1 of its 3 listed competitors has raised funding.

Company details

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.

  • Headquarters Los Angeles, United States
  • Employees 16
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Website recargo.com
  • Social X Facebook
  • Acquired by EVgo (Jul 2021)
  • Legal Name Recargo Inc.
Key Metrics
  • Total Equity Funding
    $2M (USD)

    in 1 rounds

  • Latest Funding Round
    $2M (USD), Seed

    Apr 2013

  • Investors
    EVgo

    & 1 more

  • Employee Count
    16
  • Investments & Acquisitions
  • Acquired by
    EVgo

    & 1 more

    (Jul 2021)

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.

PlugShare App
EV Charging App

App for locating and reviewing electric vehicle charging stations.

PlugShare API
Data Licensing

API providing charging station data for in-vehicle and mobile apps.

PlugShare Research
Market Research

Research tools using surveys from EV drivers worldwide.

PlugShare DataTool
Data Products

Data solutions for business and government EV needs.

PlugShare Dashboard
Management Tool

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.

  • Total Funding $2M
  • Total Rounds 1
  • Last Round Seed β€” $2M
  • First Round $2M

    (Apr 2013)

All 1 funding rounds of Recargo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2013$2MSeed––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Recargo

Recargo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include EVgo and Innogy.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Power and gas are generated, transmitted, and distributed across Europe.
2016innogy.comEssen, Germany
EV charging station operators
2010evgo.comLos Angeles, United States
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Investor details for Recargo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Recargo

Recargo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Xatori.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Software for electric vehicles
xatori.comPalo Alto, United States2010May 2013β€’β€’β€’β€’
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Complete acquisition details for Recargo

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Recargo

5 dated milestones of Recargo across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Recargo is founded.
  2. Funding First funding round of $2.0M.
  3. Acquisition Acquires Xatori.
  4. Exit Acquired by innogy.
  5. Exit Acquired by EVgo.

Competitors of Recargo

Recargo has 3 listed competitors in our database, 1 of them funded. They include Bluedot, PlugShare and EVMatch.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
thebluedot.co2019San Francisco, United States$7.15M
Bluedot is focused on simplifying EV charging payments and access.
plugshare.com2010Los Angeles, United States
Platform and app for EV drivers
evmatch.com2016Santa Barbara, United States
App based solution to connect EV drivers and charging hosts
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Detailed competitors of Recargo

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Recargo

Websites that share an audience with Recargo (recargo.com).

Similar websites

Websites whose visitors overlap most with Recargo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
chargepoint.com
100%
468.6K#80,250View details
plugshare.com
100%
721.6K#60,795View details
carstations.com
98%
View details

Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Recargo (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765 MUSD 244.66 M953
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.4 B2,813
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
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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. The company's 1st funding round was a Seed of $2M, raised on Apr 2013.

Recargo has 16 employees.

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's top competitors include PlugShare, Bluedot and EVMatch.

Recargo offers PlugShare App, PlugShare API, PlugShare Research, PlugShare DataTool, and PlugShare Dashboard.

Recargo has made 1 acquisition, including Xatori.

Recargo has 2 investors. Key investors include EVgo, and Innogy.

Recargo operates through Recargo Inc..

Yes. Recargo was acquired by EVgo in July 2021.

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