# The Mobility House

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-mobility-house

- Industry: Energy Storage & Batteries
- Headquarters: Munich, Germany
- Website: www.mobilityhouse.com
- Total disclosed funding: $51M
- Latest round: Series D (Nov 30, 2022)
- Investors on record: 9

## About

The Mobility House GmbH focuses on innovative smart charging solutions that enhance the transition to electric mobility through advanced energy management software and comprehensive infrastructure services for electric vehicle fleets.Founded in 2009 and headquartered in Munich, Germany, The Mobility House GmbH provides smart charging solutions for electric vehicles. The company has successfully completed 8 funding deals, with its most recent funding round being a Series D on November 30, 2022, raising EUR 48.50 million from investors including Alliance Venture Management and Mercedes-Benz Group AG. The company is led by CEOs Andreas Sippel and Gregor Hintler, who bring substantial experience in technology and business development.The Mobility House specializes in smart charging solutions aimed at facilitating the transition to electric mobility. Their core product, ChargePilot®, is a sophisticated energy management software that dynamically manages the charging needs of electric vehicles (EVs) across various fleets, including school buses, transit buses, and commercial vehicles. This software optimizes charging schedules, thereby reducing operational costs and minimizing carbon emissions, as evidenced by the reported reduction of 68.3 million pounds of CO2 emissions across client fleets. The company offers full-service solutions which include consulting services to design and implement tailored charging infrastructures without any upfront costs to the customer. Their geographical reach extends to over 2,500 charging depots worldwide, catering primarily to public transit agencies and commercial fleet operators in North America and Europe.The Mobility House generated revenue of EUR 48,422,240.30 in the most recent fiscal year of 2023, with an EBITDA of EUR -30,598,558.70. The company’s revenue model is centered on subscriptions and partnerships with public transit agencies and commercial fleets, providing comprehensive charging solutions that include ChargePilot® and ongoing consulting support, typically structured as long-term agreements. These partnerships enable clients to streamline their EV charging operations while benefiting from predictive maintenance and cost-saving strategies over time, with projected savings of EUR 500,000 over five years for districts implementing their solutions.In November 2022, The Mobility House GmbH raised EUR 48.50 million in Series D funding, which will be utilized to develop technology and expand into new markets. The company plans to broaden its presence, with specific targets for growth in North America and Europe, aligning with global trends toward electric mobility. The investment will support the continued evolution of ChargePilot® and facilitate the launch of new products, enhancing the company's offerings to meet the growing demand for electric vehicle infrastructure.

## Funding rounds

- Series D, Nov 30, 2022, $51M — Mitsui Global Investment, Alliance Venture Management, Mercedes-Benz Group AG, Wermuth Asset Management, SP Group, Ventura Capital, Mercuria
- Series C, Nov 3, 2022, $0M — Alliance Venture, Mitsui Global Investment, Mercedes-Benz Group AG, Wermuth Asset Management, Mercuria, SP Group, Ventura Capital
- Series C, Jun 27, 2019 — Alliance Ventures

## Investors

- Alliance Ventures — Series C
- Alliance Venture (https://capitalatlas.ai/funds/alliance-venture) — Series C
- Mitsui Global Investment (https://capitalatlas.ai/funds/mitsui-global-investment) — Series C, Series D
- Mercedes-Benz Group AG — Series C, Series D
- Wermuth Asset Management (https://capitalatlas.ai/funds/wermuth-asset-management) — Series C, Series D
- Mercuria — Series C, Series D
- SP Group — Series C, Series D
- Ventura Capital (https://capitalatlas.ai/funds/ventura-capital) — Series C, Series D
- Alliance Venture Management (https://capitalatlas.ai/funds/alliance-venture-management) — Series D