ChargeZone
Latest round
- Series A
Last raised
- Mar 2023
Total raised
- $46M
Investors
- 1
About ChargeZone
, was founded in 2018 in Vadodara, India. The company focuses on electric vehicle solutions and has not undergone significant strategic pivots. Founded by Kartikey Hariyani and Pavan Bakeri, ChargeZone has successfully completed 13 deals.ChargeZone specializes in providing comprehensive e-mobility solutions that integrate electric vehicles with a robust network of charging infrastructure. Their core offerings include electric trucks designed for long-haul logistics and heavy payload capacities, complemented by strategically deployed high-speed charging stations that minimize downtime for fleets. The company leverages an advanced AI tech stack to enhance vehicle performance and operational efficiency while enabling real-time route optimization.S.In 2023, ChargeZone reported a revenue of USD 5,847,569 and an EBITDA of USD -122,399. The company operates on a subscription-based revenue model, allowing businesses to transition to electric logistics with minimal upfront capital. Clients pay a flat monthly fee alongside a per-mile charge, making the solution appealing to logistics providers managing various fleet sizes. The company is focused on launching new products and services that enhance its e-mobility offerings, although specific product release dates have not been disclosed. ChargeZone plans to broaden its market reach into additional geographic regions, aiming to solidify its presence in emerging logistics hubs by the end of 2024.
Who invested in ChargeZone
1 investor across 1 round
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Funding rounds
Series A
Mar 20, 2023
Amount
$46M
Investors
Questions about ChargeZone
Who invested in ChargeZone?
ChargeZone has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ChargeZone raised?
ChargeZone has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ChargeZone last raise money?
ChargeZone's most recent round on record is a Series A, in Mar 2023.
What does ChargeZone do?
, was founded in 2018 in Vadodara, India.
Where is ChargeZone headquartered?
ChargeZone is headquartered in Vadodara, India.
Which VCs invest in companies like ChargeZone?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back energy storage & batteries companies at ChargeZone's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series A
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