# ZEPLUG

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zeplug

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Paris, France
- Website: www.zeplug.com
- Total disclosed funding: $6.1M
- Latest round: Series A (May 27, 2021)
- Investors on record: 1

## About

Zeplug is a prominent provider of electric vehicle charging solutions, focusing on the installation and maintenance of charging stations for condominiums and businesses, facilitating sustainable mobility across France.Founded in 2014, Zeplug specializes in the installation of electric vehicle charging points tailored for residential and commercial properties. The company’s headquarters are located in Paris, France. Zeplug was co-founded by Gilles Gomis and Nicolas Banchet, and Adam Procell currently serves as the CEO. In November 2023, Zeplug raised EUR 240.00 mn in a GROWTH funding round led by ICG Alternative Credit, marking a total amount raised of EUR 240.00 mn through 6 deals.Zeplug operates as a leading operator of electric vehicle (EV) charging stations specifically designed for condominiums and businesses. Their core services include the installation of charging points in residential parking spaces and commercial properties, catering to both individual homeowners and corporate clients. Zeplug manages the entire installation process, from consultations on appropriate charging power to overseeing installation work and ensuring ongoing maintenance, thus promoting seamless charging experiences for end users across the French market.Zeplug generates revenue through subscription-based models for their charging services. Clients pay a monthly fee for access to installed charging points, with costs incurred only by subscribers utilizing the service. Pricing is structured to minimize expenses for condominiums, with installation fees starting from EUR 899, allowing effective service across both residential and commercial sectors without imposing costs on property management.In November 2023, Zeplug merged with ChargeGuru to strengthen their market position in Europe. The company aims to leverage this merger to enhance their offerings and expand their services. Recent funding will support the integration of ChargeGuru's capabilities and facilitate entry into additional European markets. Specific plans for product development and geographic expansion will be detailed as the merger progresses.

## Funding rounds

- Series A, May 27, 2021, $6.1M — LBO France

## Investors

- LBO France (https://capitalatlas.ai/funds/lbo-france) — Series A