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Greenlots - About the company

Greenlots is an acquired company based in Los Angeles (United States), founded in 2008 by Ron Mahabir and Oliver Risse. It operates as an Electric vehicle charging solutions. Greenlots has raised $7M in funding from SBI Ven Capital. The company has 1530 active competitors, including 192 funded and 108 that have exited. Its top competitors include companies like Monta, Ev.energy and Span.IO.

Company Details

Greenlots is a global leader in advanced charging solutions for electric vehicles which help make the grid more efficient and save consumers money. The company has installed systems (both hardware and software) in 13 countries with utilities, municipalities, auto manufacturers and distributors, retailers building owners, carpark operators and other businesses. Greenlots offers cloud-based software platform for management of charging networks along with affordable, smart charging stations.
Social
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Email ID
*****@greenlots.com, *****@greenlots.com
Phone Number
+1 **********, +1 **********
Key Metrics
Founded Year
2008
Location
Los Angeles, United States
Stage
Acquired
Total Funding
$7M in 3 rounds
Latest Funding Round
Ranked
Employee Count
12 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Shell (Jan 30, 2019)

Greenlots's acquisition details

Greenlots got acquired by Shell on Jan 30, 2019.
Click here to take a look at Greenlots's acquisition in detail
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Greenlots's funding and investors

Greenlots has raised a total funding of $7M over 3 rounds. Its first funding round was on Sep 01, 2008. Its latest funding round was a Series B round on Jul 25, 2017 for $*****. 1 investor participated in its latest round. Greenlots has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Greenlots:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 25, 2017
8014014
Series B
3266998
2602558
7851776
2057712
Jun 01, 2011
1102039
Series A
2129703
1268895
2779058
Sep 01, 2008
9471522
Seed
4183804
3114047
7371127
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Greenlots' founders and board of directors

Founder? Claim Profile
The founders of Greenlots are Ron Mahabir and Oliver Risse.
Here are the details of Greenlots' key team members:

Greenlots' employee count trend

Greenlots has 12 employees as of Mar 26. Here is Greenlots's employee count trend over the years:
Employee count trend for Greenlots
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Greenlots's Competitors and alternates

Top competitors of Greenlots include Monta, Ev.energy and Span.IO. Here is the list of Top 10 competitors of Greenlots, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Monta
Monta
2020, Copenhagen (Denmark), Series B
SaaS-based platform for charging station management
$142M
74/100
2nd
Logo for Ev.energy
Ev.energy
2018, London (United Kingdom), Series B
Provider of a platform for managing electric vehicle charging and integration
$46M
74/100
3rd
Logo for Span.IO
Span.IO
2014, San Francisco (United States), Series C
Provider of smart panel for home energy management
$419M
70/100
4th
Logo for Bolt.Earth
Bolt.Earth
2017, Bengaluru (India), Series A
Network of electric vehicle chargers and related software solutions
$29.6M
70/100
5th
Logo for SWTCH
SWTCH
2018, Toronto (Canada), Series B
Provider of EV charging management systems
$42M
70/100
6th
Logo for ChargeLab
ChargeLab
2019, Toronto (Canada), Series A
Provider of electric vehicle station management solution
$30M
69/100
7th
Logo for Wallbox
Wallbox
2015, Barcelona (Spain), Public
Provider of electric-vehicle charging solutions
$70.2M
68/100
8th
Logo for CTEK
CTEK
1997, Vikmanshyttan (Sweden), Acquired
Provider of Electric vehicle charging solutions
$123M
68/100
9th
Logo for Virta
Virta
2013, Helsinki (Finland), Series D
Provider of electric vehicle charging solutions and related energy services
$108M
66/100
10th
Provider of charging solutions and energy management for electric vehicles
$50M
66/100
42nd
Logo for Greenlots
Greenlots
2008, Los Angeles (United States), Acquired
Electric vehicle charging solutions
$7M
50/100
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Greenlots's Investments and acquisitions

Greenlots has made no investments or acquisitions yet.

Reports related to Greenlots

Here is the latest report on Greenlots's sector:

News related to Greenlots

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