About We Drive Solar
We Drive Solar is a company based in Utrecht (Netherlands) founded in 2016.. We Drive Solar offers products and services including Solar City Laadpaal and Wallbox. We Drive Solar operates in a competitive market with competitors including FlexClub, GoAbout, LeaseSwap, GoodMoovs and Carsub, among others.
- Headquarter Utrecht, Netherlands
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Sectors
Transportation, Automotive & Logistics
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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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Latest Funding Round
$276.35 K (USD), Grant
Jan 01, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of We Drive Solar
We Drive Solar offers a comprehensive portfolio of products and services, including Solar City Laadpaal and Wallbox. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables bidirectional charging for energy storage and grid support.
Facilitates solar-powered charging for electric vehicles at home.
Funding Insights of We Drive Solar
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $276,345
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First Round
First Round
(01 Jan 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Grant - We Drive Solar | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 We Drive Solar
We Drive Solar has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by We Drive Solar
| 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 |
Financial Statements - We Drive Solar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
We Drive Solar Comparisons
Competitors of We Drive Solar
We Drive Solar 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 FlexClub, GoAbout, LeaseSwap, GoodMoovs and Carsub, 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 |
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| domain | founded_year | HQ Location |
Cars are offered via an online subscription platform.
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Provides shared bike and car rentals via app for businesses and users.
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Online platform for transferring and managing car lease contracts efficiently.
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| domain | founded_year | HQ Location |
Provides platform for sharing electric vehicles via apps and backoffice for fleet management.
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Provides monthly car rentals, all-inclusive insurance, and flexible options for individuals.
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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 We Drive Solar
Frequently Asked Questions about We Drive Solar
When was We Drive Solar founded?
We Drive Solar was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is We Drive Solar located?
We Drive Solar is headquartered in Utrecht, Netherlands.
What does We Drive Solar do?
We Drive Solar was established in 2016 in Utrecht, Netherlands, as a provider in the electric vehicle sector. Subscription-based rental services for electric cars are operated, enabling flexible access to sustainable mobility. The model supports short- or long-term subscriptions without ownership commitments. Activities are centered in the Dutch market, with operations based in Utrecht to serve regional users. The domain wedrivesolar.nl is used for online engagement.
Who are the top competitors of We Drive Solar?
What products or services does We Drive Solar offer?
We Drive Solar offers Solar City Laadpaal and Wallbox.
Who are We Drive Solar's investors?
We Drive Solar has 1 investor. Key investors include European Union.