The Electric Car Scheme Overview
- Year Founded
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2020
- Status
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Private
- Employees
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105
- Latest Deal Type
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Early Stage VC
- Latest Deal Amount
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$9.2M
- Investors
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22
The Electric Car Scheme General Information
Description
Operator of an employee benefit platform intended for electric and hybrid vehicle access through salary sacrifice arrangements. The company's platform enables employers and employees to access a wide range of new and used electric vehicles with bundled services such as maintenance, insurance, roadside assistance, and charging, offering comprehensive employer protection, straightforward reporting, and significant cost savings, enabling organizations and their staff to transition affordably and efficiently toward sustainable transportation and Net Zero goals.
Contact Information
Website
www.electriccarscheme.comCorporate Office
- The Shipping Building
- 254 Blyth Road, Hayes
- London UB3 1HA
- England, United Kingdom
Corporate Office
- The Shipping Building
- 254 Blyth Road, Hayes
- London UB3 1HA
- England, United Kingdom
The Electric Car Scheme Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC | 23-Oct-2024 | $9.2M | Completed | Generating Revenue | ||
| 2. Early Stage VC (Series A) | 21-Sep-2022 | Completed | Generating Revenue | |||
| 1. Early Stage VC | 09-Nov-2021 | $1.73M | $1.73M | Completed | Generating Revenue |
The Electric Car Scheme Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 39,999 | $0.000013 | $4.94 | $4.94 | 1x | $4.94 | 3.3% | |
| Ordinary | 43,809 | $0.000013 | $3.46 | $3.46 | 1x | $3.46 | 3.62% |
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Exit Type
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The Electric Car Scheme Related Research & Analysis
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Majestic Referring Domains
The Electric Car Scheme Investors (22)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 13books Capital | Venture Capital | Minority | ||
| Bayern Kapital | Venture Capital | Minority | ||
| Conduit Connect | Impact Investing | Minority | ||
| TriplePoint Capital | Venture Capital | Minority | ||
| Ventures Together | Angel Group | Minority |
The Electric Car Scheme Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Net Zero Choices | Munich, Germany | 2024 |
The Electric Car Scheme FAQs
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When was The Electric Car Scheme founded?
The Electric Car Scheme was founded in 2020.
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Where is The Electric Car Scheme headquartered?
The Electric Car Scheme is headquartered in London, United Kingdom.
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What is the size of The Electric Car Scheme?
The Electric Car Scheme has 105 total employees.
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What industry is The Electric Car Scheme in?
The Electric Car Scheme’s primary industry is Automotive.
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Is The Electric Car Scheme a private or public company?
The Electric Car Scheme is a Private company.
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What is the current valuation of The Electric Car Scheme?
The current valuation of The Electric Car Scheme is .
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What is The Electric Car Scheme’s current revenue?
The current revenue for The Electric Car Scheme is .
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How much funding has The Electric Car Scheme raised over time?
The Electric Car Scheme has raised $13.9M.
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Who are The Electric Car Scheme’s investors?
13books Capital, Bayern Kapital, Conduit Connect, TriplePoint Capital, and Ventures Together are 5 of 22 investors who have invested in The Electric Car Scheme.
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