Volta Charging

Operates advertising-funded EV charging stations

San Francisco, California, United States

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About Volta Charging

Volta Charging operates a network of electric vehicle (EV) charging stations located in busy areas like shopping centers and entertainment venues. The company provides free charging to EV drivers, which is funded through advertising revenue from brands displayed on the charging stations. This model benefits property owners by increasing foot traffic and customer satisfaction, as they host the charging stations at no cost. EV drivers enjoy the convenience of free charging, while advertisers reach an eco-conscious audience. Volta's goal is to support the growth of electric vehicles by making charging accessible and convenient, while also creating value for property owners and advertisers.

San Francisco, CaliforniaHeadquarters
2010Year Founded
$487.7MTotal Funding
ACQUISITIONCompany Stage
Automotive & Transportation, Consumer GoodsIndustries
51-200Employees

Benefits

Solid compensation package
Comprehensive benefits - medical, dental, and vision
We’ve got you covered with our 401(k) plan
Feel relaxed with super generous paid-time-off
Grow with us - opportunities for upward mobility

Risks

Increased competition from other advertising-integrated EV charging networks may reduce Volta's market share.
Shell's acquisition could lead to strategic changes that may alienate existing partners.
Recent layoffs suggest potential financial instability or restructuring challenges affecting operations.

Differentiation

Volta offers free EV charging funded by advertising, unlike traditional pay-per-use models.
Strategically placed in high-traffic areas, Volta maximizes exposure for advertisers and convenience for users.
Volta's digital screens provide targeted advertising, enhancing brand visibility at the point of purchase.

Upsides

Growing demand for EV infrastructure boosts Volta's market potential and expansion opportunities.
Advancements in digital screen technology enhance Volta's advertising effectiveness and user engagement.
Partnerships with renewable energy providers can power stations with clean energy, attracting eco-conscious users.

Funding

Total raised$487.70 M
Latest valuation$169.00 M
StageACQUISITION
ACQUISITION
12/31/2022
$169
$169.00 M
SPAC IPO
7/31/2021
$300
$1.40 B
SPAC PRIVATE PLACEMENT
7/31/2021
$300
$1.40 B
SERIES D
12/31/2020
$125
$625.00 M
SERIES C
8/31/2019
$20
$100.00 M
SERIES B
9/30/2016
$12
$57.50 M
SERIES A
5/31/2015
$4
$22.50 M
DEBT
5/31/2015
$3
SEED
8/31/2014
$2
$7.50 M