FLO Services

Energy Storage & BatteriesSeries ECanadaflo.com

Latest round

Series E

Last raised

Jun 2024

Total raised

$99M

Investors

8

About FLO Services

Based in Quebec, Canada, FLO Services Inc.Founded in 2009, FLO Services Inc. is dedicated to providing electric vehicle charging solutions. The company's headquarters are located in Quebec, Canada. The founders, Dmitry Gurski and Sarah Hobbs, initiated the venture to address the growing demand for EV infrastructure.FLO specializes in the design, manufacturing, and deployment of electric vehicle (EV) charging solutions tailored to both residential and commercial markets across the United States and Canada. The company’s flagship products include the FLO Home® charging station, the CoRe+™ series, SmartTWO™ series, and FLO Ultra™ fast chargers, which are engineered to provide efficient and reliable charging in various environments. These products facilitate convenient charging for individual consumers, businesses, municipalities, and fleets, addressing the growing demand for accessible EV infrastructure. By offering a comprehensive suite of charging solutions, FLO serves a diverse clientele, including auto dealerships, hospitality venues, and municipal organizations in regions such as New York, Colorado, and California.FLO's revenue generation primarily stems from the sale of its EV charging hardware and software solutions, along with ongoing service agreements that support installation and maintenance. The transaction structure includes direct sales to end consumers and partnerships with businesses and municipalities, enabling a comprehensive B2B and B2C approach. For instance, residential customers can purchase FLO Home® chargers while commercial clients may opt for bulk orders of the CoRe+™ series for installation across multiple locations. The pricing plans are structured to accommodate various customer needs, with options available for installation services, ensuring that clients receive tailored solutions.In June 2024, FLO Services Inc. Future initiatives include launching new charging products and targeting expansion into additional markets throughout the United States and Canada, though specific regions and product launch dates have not been disclosed.

Who invested in FLO Services

8 investors across 3 rounds

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Funding rounds

  1. Series E

    Jun 11, 2024

    Amount

    $99M

    Investors

    Locked

  2. Series C

    Feb 16, 2021

    Amount

    Undisclosed

    Investors

    Locked

  3. Series C

    Oct 30, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about FLO Services

Who invested in FLO Services?

FLO Services has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has FLO Services raised?

FLO Services has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did FLO Services last raise money?

FLO Services's most recent round on record is a Series E, in Jun 2024.

What does FLO Services do?

Based in Quebec, Canada, FLO Services Inc.

Where is FLO Services headquartered?

FLO Services is headquartered in Canada.

Which VCs invest in companies like FLO Services?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at FLO Services's stage. Their profiles are linked below.

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