About Wevolt
Wevolt is a Transportation, Automotive & Logistics company based in Perth (Australia) founded in 2022 by Amit Khullar, Sukh Singh Verka, Jagroop Gill, Madan Morris, and Taj Saini. It operates as an operator of the electric vehicle charging network. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Wevolt has raised $2 million across 1 funding round. Its chief executive is Jagroop Gill. Wevolt offers products and services including Wevolt App and Wevolt Online Platform. Its focus areas include Energy Tech, Energy Storage Tech, Charging and Station Network. Its competitors include Everty, Open Charge Map, Oceania EV Challenge and Unplugged Motion.
Company details
Wevolt was founded in 2022 in Perth, Australia, within the electric vehicle infrastructure sector. A network of EV chargers is managed, with a platform enabling community-based sharing. Solutions are offered for residential, commercial, fleet, parking lot, and other applications. Access is provided via a mobile app compatible with iOS and Android devices, supporting operations across various user needs.
- Headquarters Perth, Australia
- Founders Amit Khullar, Sukh Singh Verka, Jagroop Gill, Madan Morris, Taj Saini
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website wevolt.com.au
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$2M (USD)
in 1 rounds
- Latest Funding Round$2M (USD), Seed
Jun 2023
Products & Services of Wevolt
Wevolt offers a comprehensive portfolio of products and services, including Wevolt App and Wevolt Online Platform.
App for EV drivers to locate and use charging stations.
Platform for owners to manage and monetize EV chargers.
Funding Insights of Wevolt
Wevolt 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 June 2023. 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 — $2M
- First Round $2M
(Jun 2023)
All 1 funding rounds of Wevolt 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 |
|---|---|---|---|---|---|
| Jun 2023 | $2M | Seed | – | – | – |
People of Wevolt
5 people are tracked at Wevolt (5 in leadership).
| Name | Role | Group |
|---|---|---|
Amit Khullar | Co-Founder | Leadership |
Sukh Singh Verka | Co-Founder | Leadership |
Jagroop Gill | Co-Founder & CEO | Leadership |
Madan Morris | Co-Founder | Leadership |
Taj Saini | Co-Founder | Leadership |
Complete people profiles for Wevolt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Wevolt
2 dated milestones of Wevolt across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Wevolt is founded.
- Funding First funding round of $2.0M.
Competitors of Wevolt
Wevolt has 4 listed competitors in our database. They include Everty, Open Charge Map, Oceania EV Challenge and Unplugged Motion, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| everty.com.au | 2017 | Chippendale, Australia | – | – | EV charging points are located and listed through Everty's platform. | |
| openchargemap.org | 2011 | Perth, Australia | – | – | Delivers an online map solution for electric vehicle charging stations. | |
| oceaniaevchallenge.com | 2019 | Brisbane, Australia | – | – | Oceania EV Challenge offers a reliable charging station locator app for electric vehicle drivers. | |
| unpluggedmotion.com | 2021 | Melbourne, Australia | – | – | Provides an online platform for locating electric vehicle charging stations. |
Detailed competitors of Wevolt
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- Full competitor set
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Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Wevolt (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Related news about Wevolt
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Frequently Asked Questions about Wevolt
Wevolt was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Wevolt is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
Jagroop Gill is the current CEO of Wevolt. They have also founded this company.
Wevolt 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 Jun 2023.
Wevolt was founded in 2022 in Perth, Australia, within the electric vehicle infrastructure sector. A network of EV chargers is managed, with a platform enabling community-based sharing. Solutions are offered for residential, commercial, fleet, parking lot, and other applications. Access is provided via a mobile app compatible with iOS and Android devices, supporting operations across various user needs.
Wevolt's top competitors include Everty, Open Charge Map and Oceania EV Challenge.
Wevolt offers Wevolt App and Wevolt Online Platform.