Electrify
Designing and retrofitting electric buses, minibuses, and vans with comprehensive charging infrastructure solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €1.5m | Seed | |
| Total Funding | 000k | ||
| EUR | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (66 %) | 189 % | 366 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 18 % | 20 % | (28 %) | 10 % |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Electrify is a company dedicated to advancing sustainable urban mobility by designing and retrofitting electric buses, minibuses, and vans. The company serves municipalities and transport companies, focusing on providing eco-friendly public transport solutions. Operating primarily in the public transport sector, Electrify's business model includes the sale of electric vehicles and the provision of charging infrastructure and maintenance services. Revenue is generated through vehicle sales, infrastructure installation, and ongoing maintenance contracts. Electrify's electric minibuses, such as the 21-seater eSprinter, are designed for passenger comfort, safety, and efficiency, featuring both slow and fast charging options. The company is currently delivering electric minibuses for public transport services in regions like Riga and Ventspils, emphasizing quick delivery times and high customer satisfaction.
Keywords: electric buses, minibuses, vans, charging infrastructure, public transport, eco-friendly, urban mobility, retrofitting, maintenance, sustainability.