Comfortcharge

Comfortcharge

Innovative company based in Bonn that operates charging stations for electric vehicles nationwide.

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DateInvestorsAmountRound
-investor investor

€0.0

round
N/A

€0.0

round
N/A

€85.1k

Grant
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR20152016201720182019
Revenues00000000000000000000
% growth----18 %
EBITDA00000000000000000000
% EBITDA margin---7 %(1360 %)
Profit00000000000000000000
% profit margin---4 %(1554 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about Comfortcharge
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Comfortcharge GmbH, a subsidiary of Deutsche Telekom AG, operates as a developer and operator of electric vehicle charging networks across Germany. Established in 2017 and headquartered in Bonn, the company emerged from the Telekom Innovation Pool with the objective of establishing a robust charging infrastructure to support the growth of e-mobility. Comfortcharge leverages Deutsche Telekom's existing infrastructure, such as property, power connections, and data lines, to efficiently and sustainably expand its network of public fast-charging stations. This strategic approach allows for resource-friendly development in both urban and rural areas.

The company's core business involves the end-to-end management of the entire charging station lifecycle, from planning and installation to long-term operations and maintenance. Comfortcharge functions as a Charge Point Operator (CPO), managing the physical hardware and ensuring high availability, while the contractual relationship for electricity provision is with e-mobility providers (EMPs) who bill the end-users. Its business model also includes offering its comprehensive management platform as a white-label solution to other charging providers and creating custom infrastructure for corporate fleet operators. The technical backbone of its operations is the 'Ambika' platform, a modular system from T-Systems based on ServiceNow, which enables automated data exchange and management of all lifecycle phases.

Comfortcharge provides a network of both AC (alternating current) and DC (direct current) fast-charging stations. Its public network features high-power charging (HPC) stations with outputs of 150-200 kW, ensuring rapid charging times for EV drivers. By the end of 2022, the company was operating over 172 fast-charging stations and has continued to expand, with over 240 locations active. All public charging points supply 100% certified green electricity. In addition to its public network, Comfortcharge implements corporate charging solutions, such as the 'Charge@Work' project for Deutsche Telekom employees, supporting the electrification of one of Germany's largest corporate fleets.

Keywords: electric vehicle charging, charge point operator, CPO, EV infrastructure, fast-charging network, HPC charging, public charging stations, e-mobility services, Deutsche Telekom, white-label charging solutions, fleet electrification, charging station management, sustainable mobility, green electricity, AC/DC charging, EV charging Germany, corporate charging solutions, smart charging, Ambika platform, charging infrastructure development

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