About VOOL
VOOL is a Transportation, Automotive & Logistics company based in Tallinn (Estonia) founded in 2018. EV charging solutions are provided for business and private customers. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. VOOL has raised $5.25 million across 6 funding rounds from investors including European Union, Kaamos and Startup Wise Guys. The company has 33 employees. Its chief executive, as recorded, is Juhan Harm. VOOL offers products and services including VOOL Charger, VOOL LMC, VOOL App, VOOL Portal, and Public Charging. Its focus areas include Energy, Energy Storage, Energy Tech and Energy Storage Tech. Its legal entity is MULTICHARGE OÜ.
Company details
VOOL was founded in 2018 in Tallinn, Estonia, within the electric vehicle sector. Charging solutions are offered to both business and private customers, featuring efficient and smart chargers. Operations focus on cost-effective and reliable infrastructure, with services extending to sleek designs for various applications. The company maintains a presence in the EV charging market across Europe.
- Annual Revenue$18.51 K (USD)1153as on Dec 31, 2022
- Net Profit$301.44 K (USD)as on Dec 31, 2022
- Total Equity Funding$5.25M (USD)
in 6 rounds
- Latest Funding Round$1.69M (USD), Seed
May 2025
- InvestorsEuropean Union
& 11 more
- Employee Count33
Products & Services of VOOL
VOOL offers a comprehensive portfolio of products and services, including VOOL Charger, VOOL LMC, VOOL App, VOOL Portal, and Public Charging.
Smart charger for efficient EV charging at home or work.
Controller for safe and reliable electricity distribution.
App for cost-effective and user-controlled EV charging.
Platform for complete EV charging management and reporting.
System to make chargers public and generate revenue streams.
Funding Insights of VOOL
VOOL has successfully raised a total of $5.25M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.69 million completed in May 2025. 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 $5.25M
- Total Rounds 6
- Last Round Seed — $1.69M
- Investors Count 12
All 6 funding rounds of VOOL with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2025 | $1.69M | Seed | – | – | – |
| May 2024 | $323,091 | Seed | – | – | |
| Sep 2023 | $1.39M | Seed | – | Specialist | |
| Sep 2023 | $1.74M | Grant | – | – | |
| Feb 2023 | $1.84M | Seed | – | Specialist | |
| Nov 2022 | Grant | – | – |
12 investors in total: 8 institutional and 4 angel.
Investors in VOOL
VOOL has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include European Union, Kaamos and Startup Wise Guys.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
B2B software, fintech, and tech companies are funded by Specialist. | specialist.vc | Tallinn, Estonia | ||
A global technology investment fund is managed by Amalfi Capital. | amalficapital.com | |||
Venture capital and startup accelerator focused on B2B and SaaS companies | 2012 | startupwiseguys.com | Tallinn, Estonia | |
Provider of electricity, gas, and fuel solutions with a customer loyalty program | 1990 | alexela.ee | Tallinn, Estonia | |
Commercial and residential property projects are developed in Estonia. | 2002 | kaamos.ee | Tallinn, Estonia | |
| astrigroup.ae | ||||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
TV Taavi Veskimägi | unknown_268dd8ef0f2049428 | |||
KV Kuldar Väärsi | Founder of Milrem Robotics, active angel investor in tech startups | unknown_898028cea63743248 | ||
EN Elar Nellis | unknown_19a937d2247d41f08 |
Investor details for VOOL
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.
People of VOOL
1 people are tracked at VOOL (1 in leadership); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
Juhan Harm | CEO | Leadership |
Complete people profiles for VOOL
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of VOOL
3 dated milestones of VOOL across 7 years, from founding to its latest funding, stage changes and deals.
- Founded VOOL is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.7M.
Web traffic of VOOL
The website of VOOL (vool.com) receives about 6.6K visits a month.
- Monthly visits6.6K
▲ 62.2% vs previous month
Websites whose visitors overlap most with VOOL. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| chargedrive.com | 100% | #969,595 | View details |
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Related news about Vool
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Frequently Asked Questions about VOOL
VOOL was founded in 2018 and raised its 1st funding round 4 years after it was founded.
VOOL is headquartered in Tallinn, Estonia.
Juhan Harm is the CEO of VOOL, as recorded in our data.
VOOL is a funded company, having raised a total of $5.25M across 6 funding rounds to date.
VOOL has 33 employees.
Annual revenue of VOOL is $18.51K as on Dec 31, 2022.
VOOL was founded in 2018 in Tallinn, Estonia, within the electric vehicle sector. Charging solutions are offered to both business and private customers, featuring efficient and smart chargers. Operations focus on cost-effective and reliable infrastructure, with services extending to sleek designs for various applications. The company maintains a presence in the EV charging market across Europe.
VOOL offers VOOL Charger, VOOL LMC, VOOL App, VOOL Portal, and Public Charging.
VOOL has 12 investors. Key investors include European Union, Kaamos, Startup Wise Guys, Alexela, and Vabariigi Valitsus.
VOOL operates through Multicharge Oü.