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DateInvestorsAmountRound
-investor investor investor

€0.0

round
N/A

€0.0

round
investor

€0.0

round

€250m

Valuation: €250m

-72.1x EV/EBITDA

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201520162020202120222023
Revenues000000000000000000000000
% growth-50 %----
EBITDA000000000000000000000000
Profit000000000000000000000000
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Company filings or news article

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More about Has.to.be
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Has.to.be GmbH, an Austrian enterprise established in 2013, carved a significant niche in the electromobility sector before its strategic acquisition by ChargePoint in 2021 for approximately €250 million. The company was founded by Martin Klässner, who brought a crucial software development background to the burgeoning electric vehicle (EV) charging market. His journey began after encountering the frustrating lack of interoperable and user-friendly software for EV charging stations, which catalyzed his mission to create a robust and comprehensive operating system for e-mobility infrastructure.

The core of Has.to.be's business was its sophisticated software platform, be.ENERGISED, which functioned as an all-encompassing operating system for managing EV charging networks. This platform provided a white-label solution for a diverse client base, including automotive manufacturers, energy providers, and charge point operators (CPOs) like IONITY, a key partner. The business model centered on providing this software-as-a-service (SaaS), enabling clients to manage everything from charge point operations and user authentication to complex billing and roaming processes. This allowed clients to offer seamless charging experiences to EV drivers under their own brand, while Has.to.be managed the complex backend technology.

The be.ENERGISED platform distinguished itself by simplifying the complexities of the EV charging ecosystem. Its features included remote maintenance of charging stations, tariff management, and facilitating interoperability between different charging networks through open standards like the Open Charge Point Protocol (OCPP). For CPOs, this meant streamlined operations and the ability to scale their networks efficiently. For EV drivers, it translated into a more reliable and accessible charging experience across various providers. The acquisition by ChargePoint was a logical step, integrating Has.to.be's advanced software capabilities with ChargePoint's extensive hardware and network, aiming to provide a more unified and powerful offering in the competitive European e-mobility market.

Keywords: e-mobility, EV charging software, charge point operator, SaaS, electromobility, be.ENERGISED, IONITY partner, ChargePoint acquisition, EV infrastructure, roaming

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