Simpleenergy Overview
- Year Founded
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2019
- Status
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Private
- Employees
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400
- Latest Deal Type
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Series C
- Latest Deal Amount
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$180M
- Investors
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19
Simpleenergy General Information
Description
Manufacturer of an electric vehicle designed to develop smart electric scooters for sustainable mobility. The company's electric scooters have a removable lithium-ion battery that is lightweight and can be charged in a few minutes, with features like touchscreen onboard navigation and short-range wireless technology standards, enabling customers to have easy charging and affordable two-wheelers.
Contact Information
Website
www.simpleenergy.inCorporate Office
- 9th Floor, Wing A, Survey Number 2 / 2, North Gate Phase 2
- Modern Asset,Venkatala Village, Yelahanka, Hobli
- Bengaluru, Karnataka 560064
- India
Corporate Office
- 9th Floor, Wing A, Survey Number 2 / 2, North Gate Phase 2
- Modern Asset,Venkatala Village, Yelahanka, Hobli
- Bengaluru, Karnataka 560064
- India
Simpleenergy Timeline
Simpleenergy Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC (Series C) | 30-Sep-2026 | $180M | Completed | Generating Revenue | ||
| 8. Later Stage VC (Series B) | 01-Jun-2026 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 25-Sep-2025 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series A) | 29-Jul-2024 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 07-Feb-2023 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 24-Mar-2022 | Completed | Generating Revenue | |||
| 3. Seed Round | 24-Nov-2021 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | $173K | Completed | Startup | |||
| 1. Capitalization | $173K | $173K | Completed | Startup |
Simpleenergy Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Pre-Series A1 | ||||||||
| Pre-Series A | 3,724 | $0.131630 | $371.42 | $371.42 | 1x | $371.42 | 4.39% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Simpleenergy Comparisons
Industry
Financing
Details
Simpleenergy Competitors (1)
One of Simpleenergy’s competitors is Okinawa Autotec, a Venture Capital-Backed company based in Gurgaon, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Okinawa Autotec | Venture Capital-Backed | Gurgaon, India |
Simpleenergy Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Simpleenergy Patents
Simpleenergy Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4649572-A1 | System and method for magnetizing rare earth metals to construct a rotor assembly | Pending | 07-Dec-2022 | ||
| US-20260204992-A1 | System and method for magnetizing rare earth metals to construct a rotor assembly | Pending | 07-Dec-2022 | ||
| WO-2024121784-A1 | System and method for magnetizing rare earth metals to construct a rotor assembly | Inactive | 07-Dec-2022 | H02K15/03 |
Simpleenergy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Simpleenergy Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Desai Ventures | Family Office | Minority | ||
| Dr A Velumani's Family Office | Family Office | Minority | ||
| Haran Family Office | Family Office | Minority |
Simpleenergy FAQs
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When was Simpleenergy founded?
Simpleenergy was founded in 2019.
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Where is Simpleenergy headquartered?
Simpleenergy is headquartered in Bengaluru, India.
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What is the size of Simpleenergy?
Simpleenergy has 400 total employees.
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What industry is Simpleenergy in?
Simpleenergy’s primary industry is Automotive.
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Is Simpleenergy a private or public company?
Simpleenergy is a Private company.
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What is Simpleenergy’s current revenue?
The current revenue for Simpleenergy is .
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How much funding has Simpleenergy raised over time?
Simpleenergy has raised $291M.
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Who are Simpleenergy’s investors?
, , Desai Ventures, Dr A Velumani's Family Office, and Haran Family Office are 5 of 19 investors who have invested in Simpleenergy.
-
Who are Simpleenergy’s competitors?
Okinawa Autotec is a competitor of Simpleenergy.
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