When was Forev founded?

Forev was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Forev located?

Forev is headquartered in Edinburgh, United Kingdom.

Which legal entities is Forev associated with?

Forev is associated with FOREV LIMITED.

How many employees does Forev have?

As of Nov 30, 2024, the latest employee count at Forev is 31.

Is Forev a funded company?

Forev is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jul 29, 2021.

When was the latest funding round of Forev?

Forev's latest funding was a $***** Seed round on Jul 29, 2021, with participation from 1 investor.

Where does Forev rank among its competitors?

Forev ranks 7th amongst 78 active competitors, of which 15 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Fastned, which secured $38.4M in Mar, 2026.

Who are the top competitors of Forev?

Forev's top competitors include ChargePoint, Fastned and InstaVolt. Among them, Fastned secured the most recent funding round in March, 2026.

Forev - 2026 Company Profile, Team, Funding, Competitors & Financials

Forev is a seed company based in Edinburgh (United Kingdom), founded in 2018 by Lindsay Wallace. It operates as an Operator of electric vehicle charging solutions for fleets and public sites. Forev has raised $2.78M in funding. The company has 78 active competitors, including 15 funded and 7 that have exited. Its top competitors include companies like ChargePoint, Fastned and InstaVolt.

Company Details

Operator of electric vehicle charging solutions for fleets and public sites. The company provides installation, operation, and maintenance of electric vehicle charging infrastructure. It offers solutions designed to be user-friendly and financially rewarding. The company assists fleet operators transitioning to electric vehicles and collaborates with landowners.

Website: forev.co.uk
Email ID: *****@forev.co.uk
Phone Number: +44 **********

Key Metrics

Founded Year

2018

Location

Edinburgh, United Kingdom

Stage

Seed

Total Funding

$2.78M in 1 round

Latest Funding Round

Seed, Jul 29, 2021, $*****

Investors

The Scottish National Investment Bank & 7 more

Ranked

7^th among 78 active competitors

Employee Count

31 as on Nov 30, 2024

Similar Companies

IONITY & 1225 more

View Forev's full profile

Forev is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FOREV LIMITED CIN: SC581107 , United Kingdom, Active	Nov 08, 2017	-	31 (As on Nov 30, 2024)

Forev has raised a total funding of $2.78M over 1 round. Its latest funding round was a Seed round on Jul 29, 2021 for $*****. 1 investor participated in its latest round. Forev has 2 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Forev:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 29, 2021	1927839	Seed	6359875	5305322	2557612	4397310

Access funding benchmarks and valuations. Sign up today!

View details of Forev's funding rounds and investors

The founders of Forev is Lindsay Wallace. Steve Dunlop is the CEO of Forev.

Here are the details of Forev's key team members:

Lindsay Wallace: Founder of Forev.
Steve Dunlop: CEO of Forev.

View details of Forev's Founder profiles and Board Members

Forev's employee count trend

Forev has 31 employees as of Nov 24. The total employee count is 63.0% more than what it was in Nov 23. Here is Forev's employee count trend over the years:

Uncover Forev's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Forev include ChargePoint, Fastned and InstaVolt. Here is the list of Top 10 competitors of Forev, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ChargePoint 2007, Campbell (United States), Public	Platform offering cloud-enabled EV charging station network	$554M	Kleiner Perkins, Mercedes-Benz & 49 others	76/100
2nd	Fastned 2012, Amsterdam (Netherlands), Public	Operator of charging stations for electric vehicles across multiple countries	$6.12M	Riyadh Valley Company, Fredfoundation & 3 others	70/100
3rd	InstaVolt 2016, Basingstoke (United Kingdom), Acquired	Platform offering electric vehicle rapid charging services	$62.6M	Zouk Capital, EQT & 10 others	65/100
4th	Connected Kerb 2017, London (United Kingdom), Series A	Provider of EV charging and traffic data collection ecosystem	$209M	Aviva Investors, Charge Enterprises & 44 others	62/100
5th	GRIDSERVE 2016, Iver (United Kingdom), Acquired	Developer of solar energy projects	$395M	Infracapital, Hitachi Capital & 4 others	60/100
6th	Shell Recharge 2019, London (United Kingdom), Unfunded	Provider of electric-vehicle charging and management solutions	-	-	59/100
7th	Forev 2018, Edinburgh (United Kingdom), Seed	Operator of electric vehicle charging solutions for fleets and public sites	$2.78M	The Scottish National Investment Bank, Greenbackers Investment Capital ... & 6 others	54/100
8th	Be.EV 2019, Manchester (United Kingdom), Series D	Network of publicly accessible charging stations for electric vehicles	$127M	Octopus Energy, Kfw-Ipex-Bank & 1 others	54/100
9th	char.gy 2015, London (United Kingdom), Series A	Operator of public electric vehicle charging points for residential areas	$8.88M	Zouk Capital, Unboxed & 8 others	52/100
10th	ChargePlace Scotland 2014, Dundee (United Kingdom), Unfunded	Operator of electric vehicle charging solutions	-	-	50/100