Love Electric Financial Services Overview
- Year Founded
-
2010
- Status
-
Acquired/Merged
- Employees
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39
- Latest Deal Type
-
M&A
Love Electric Financial Services General Information
Description
Operator of an affordable e-vehicle financing platform intended for a sustainable environment and affordable cars for customers. The company provides vehicles for rent by deducting a proportion from the salary, enabling customers with tax-saving advantages and a vehicle at an affordable cost.
Contact Information
Website
www.loveelectric.cars(Operating Subsidiary)
Corporate Office
- 5 South Charlotte Street
- Edinburgh EH2 4AN
- Scotland, United Kingdom
Corporate Office
- 5 South Charlotte Street
- Edinburgh EH2 4AN
- Scotland, United Kingdom
Love Electric Financial Services Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 12-Dec-2025 | Completed | Generating Revenue | |||
| 3. Later Stage VC | Cancelled | Generating Revenue | ||||
| 2. Seed Round | 27-May-2022 | $1.29M | $1.7M | Completed | Generating Revenue | |
| 1. Seed Round | 16-Aug-2021 | $415K | $415K | Completed | Product Development |
Love Electric Financial Services Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series Seed | ||||||||
| Ordinary |
Love Electric Financial Services Comparisons
Industry
Financing
Details
Love Electric Financial Services Competitors (2)
One of Love Electric Financial Services’s 2 competitors is Octopus Electric Vehicles, a Private Debt Financed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Octopus Electric Vehicles | Private Debt Financed | London, United Kingdom | ||||
| Tusker (Commercial Services) | Formerly PE-Backed | Watford, United Kingdom |
Love Electric Financial Services Signals
Love Electric Financial Services Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Chanrossa | Holding Company | Minority | ||
| Marchmont Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Techstart Ventures | Venture Capital | Minority |
Love Electric Financial Services Acquisitions (1)
Love Electric Financial Services’s most recent deal was a Merger/Acquisition with Bypass (Financial Software). The deal was made on 03-Jun-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bypass (Financial Software) | 03-Jun-2025 | Merger/Acquisition | Financial Software |
Love Electric Financial Services Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Bypass (Financial Software) | Edinburgh, United Kingdom | 2022 |
Love Electric Financial Services FAQs
-
When was Love Electric Financial Services founded?
Love Electric Financial Services was founded in 2010.
-
Where is Love Electric Financial Services headquartered?
Love Electric Financial Services is headquartered in Edinburgh, United Kingdom.
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What is the size of Love Electric Financial Services?
Love Electric Financial Services has 39 total employees.
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What industry is Love Electric Financial Services in?
Love Electric Financial Services’s primary industry is Other Financial Services.
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Is Love Electric Financial Services a private or public company?
Love Electric Financial Services is a Private company.
-
What is Love Electric Financial Services’s current revenue?
The current revenue for Love Electric Financial Services is .
-
How much funding has Love Electric Financial Services raised over time?
Love Electric Financial Services has raised $1.7M.
-
Who are Love Electric Financial Services’s investors?
, Chanrossa, Marchmont Ventures, , and Techstart Ventures have invested in Love Electric Financial Services.
-
Who are Love Electric Financial Services’s competitors?
Octopus Electric Vehicles and Tusker (Commercial Services) are competitors of Love Electric Financial Services.
-
When was Love Electric Financial Services acquired?
Love Electric Financial Services was acquired on 12-Dec-2025.
-
Who acquired Love Electric Financial Services?
Love Electric Financial Services was acquired by Perkbox.
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