The Electric Car Scheme

Hayes, United Kingdom Founded: 2020 • Age: 6 yrs
Electric vehicle salary sacrifice schemes are facilitated for employees.

About The Electric Car Scheme

The Electric Car Scheme is a Transportation, Automotive & Logistics company based in Hayes (United Kingdom) founded in 2020 by Thom Groot and Tom Eilon. Electric vehicle salary sacrifice schemes are facilitated for employees. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. The Electric Car Scheme has raised $4.56 million across 4 funding rounds from investors including Seedcamp, Triple Point and Adjuvo. Its chief executive, as recorded, is Thom Groot. Its website electriccarscheme.com draws about 304 thousand monthly visits. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is THE ELECTRIC CAR SCHEME LTD.

Company details

The Electric Car Scheme was founded in 2020 and is headquartered in Hayes, United Kingdom. Operations focus on the electric vehicle sector, where salary sacrifice schemes enable employees to acquire vehicles through pre-tax deductions. Partnerships with leasing companies ensure competitive pricing, while protections are offered to employers against risks from employee departures. A supplementary charging program is provided to lower costs, alongside ongoing support and resources throughout the process.

  • Headquarters Hayes, United Kingdom
  • Founders Thom Groot, Tom Eilon
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Website category Vehicles · Makes and Models
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website electriccarscheme.com
  • Social LinkedIn Facebook Instagram
  • Legal Name The Electric Car Scheme Ltd
  • Date of Incorporation 04 Jun, 2020
  • Jurisdiction HAYES, ENGLAND
Key Metrics
  • Net Profit
    -$1.08 M (USD)
    as on Dec 31, 2022
  • Total Equity Funding
    $4.56M (USD)

    in 4 rounds

  • Investors
    Seedcamp

    & 15 more

Funding Insights of The Electric Car Scheme

The Electric Car Scheme has successfully raised a total of $4.56M across 4 strategic funding rounds. 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 $4.56M
  • Total Rounds 4
  • First Round $371,957

    (May 2021)

  • Investors Count 16

All 4 funding rounds of The Electric Car Scheme with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2024Seed–13books Capital
Sep 2022$2.83MSeed–Triple Point
Nov 2021$1.35MSeed––
–
May 2021$371,957Seed––
–
Valuation history

16 investors in total: 9 institutional and 7 angel.

Investors in The Electric Car Scheme

The Electric Car Scheme has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Seedcamp, Triple Point and Adjuvo.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are provided to fintech startups.
13bookscapital.com
Venture capital fund investing in tech startups
2007seedcamp.comLondon, United Kingdom
London-based startups in CleanTech, Manufacturing, and Media sectors are funded.
2015adjuvo.comLondon, United Kingdom
Ascension is recognized as a venture capital firm focused on early-stage tech investments.
ascension.vcLondon, United Kingdom
High-tech industries are targeted for investments by Bayern Kapital.
bayernkapital.deLandshut, Germany
Provider of investment management services
2004triplepoint.co.ukLondon, United Kingdom
Early-stage tech startups are invested in by this angel network.
portfolio.venturesLondon, United Kingdom
Early-stage investments are made in B2B software companies.
triplepoint.vcLondon, United Kingdom
Weekend adventures are organized and promoted by the foundation.
2019voyagers.ioLondon, United Kingdom

Henry De Zoete

British entrepreneur, angel investor, co-founder of Look After My Bills, active in India
unknown_ca312bebe5ef4ae49
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Investor details for The Electric Car Scheme

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People of The Electric Car Scheme

30 people are tracked at The Electric Car Scheme (12 in leadership, 1 in board & advisors, 17 in team).

NameRoleGroup
Thom Groot
Co-Founder & CEOLeadership
Tom Eilon
Co-FounderLeadership
Gaurav Ahluwalia
Marketing DirectorLeadership
Francisco Gutierrez
CFO, Finance AdvisorLeadership
Alexander Blair
CTOLeadership
Hiten Patel
Head of PartnershipsLeadership
Cameron Dillon-Godfray
Enterprise Client DirectorLeadership
Alex Ramsay
Chief Revenue OfficerLeadership
Matt Crook
Account DirectorLeadership
Natalie Izzard
Head Of PartnershipsLeadership
Iesha Parker
Senior Talent PartnerLeadership
Ryan Amos
Sales DirectorLeadership
Amir Eilon
Co-Founder & Executive ChairBoard & advisors
Mustafa Ibrahim
Senior Fulfilment SpecialistTeam
Stefan Collier
Senior Software Engineer (team Lead)Team
James Robinson
Lead Software EngineerTeam
Harvey Coltman
Sales Development RepresentativeTeam
Hugo Gregory
Partnerships ManagerTeam
Fiona Bompard
Software EngineerTeam
Wen Ting Wang
Software EngineerTeam

10 more people are available in the full profile.

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Timeline of The Electric Car Scheme

3 dated milestones of The Electric Car Scheme across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded The Electric Car Scheme is founded.
  2. Funding First funding round of $372K.
  3. Funding Latest funding round, Seed,.

Web traffic of The Electric Car Scheme

The website of The Electric Car Scheme (electriccarscheme.com) receives about 304K visits a month and ranks #164,224 among all websites worldwide, #3,608 in Makes and Models.

  • Monthly visits
    304K

    ▲ 9.1% vs previous month

  • Unique visitors
    95.4K

    per month

  • Global rank
    #164,224

    among all websites

  • Category rank
    #3,608

    Vehicles · Makes and Models

Similar websites

Websites whose visitors overlap most with The Electric Car Scheme. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
octopusev.com
100%
539.5K#79,421View details
loveelectric.cars
66%
32.6K#656,569View details
wevee.uk
66%
24.5K#760,432View details
skoda.co.uk
skoda.co.uk
64%
#43,549–
ohme-ev.com
64%
280.6K#182,322View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Top companies in Automotive Retail & Aftersales

2 companies that operate in the same segment as The Electric Car Scheme (Automotive Retail & Aftersales) in United Kingdom, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 161.3 MUSD 369.88 M625
Vehicle parts and accessories are sold via an online platform.
1897Walsall, West Midlands, United KingdomUSD 20.37 M
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Related news about The Electric Car Scheme

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Frequently Asked Questions about The Electric Car Scheme

The Electric Car Scheme was founded in 2020 and raised its 1st funding round 1 year after it was founded.

The Electric Car Scheme is headquartered in Hayes, United Kingdom. It is registered at Hayes, England, United Kingdom.

Thom Groot is the CEO of The Electric Car Scheme, as recorded in our data. They have also founded this company.

The Electric Car Scheme is a funded company, having raised a total of $4.56M across 4 funding rounds to date. The company's 1st funding round was a Seed of $371.96K, raised on May 2021.

The Electric Car Scheme was founded in 2020 and is headquartered in Hayes, United Kingdom. Operations focus on the electric vehicle sector, where salary sacrifice schemes enable employees to acquire vehicles through pre-tax deductions. Partnerships with leasing companies ensure competitive pricing, while protections are offered to employers against risks from employee departures. A supplementary charging program is provided to lower costs, alongside ongoing support and resources throughout the process.

The Electric Car Scheme has 16 investors. Key investors include Seedcamp, Triple Point, Adjuvo, Voyagers, and 13books Capital.

The Electric Car Scheme operates through The Electric Car Scheme Ltd.

The website of The Electric Car Scheme receives about 304 thousand visits a month and ranks #164,224 among all websites worldwide.

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