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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 1963 active competitors, including 217 funded and 122 that have exited. Its top competitors include companies like Wallbox, Monta and SPAN.

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
11 as on Sep 30, 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
8156615
Series B
3117495
1041428
8547181
5503214
Jun 01, 2011
5277279
Series A
1276987
4726701
8043887
Sep 01, 2008
4896399
Seed
4581741
5531446
1954954
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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 11 employees as of Sep 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 Wallbox, Monta and SPAN. 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 Wallbox
Wallbox
2015, Barcelona (Spain), Public
Provider of electric-vehicle charging solutions
$70.2M
78/100
2nd
Logo for Monta
Monta
2020, Copenhagen (Denmark), Series B
SaaS-based platform for charging station management
$142M
76/100
3rd
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
74/100
4th
Logo for Bolt.Earth
Bolt.Earth
2017, Bengaluru (India), Series A
Provider of electric vehicle charging hardware, software, and support services
$29.6M
72/100
5th
Logo for ChargePoint
ChargePoint
2007, Campbell (United States), Public
Manufacturer of electric vehicle charging hardware and provider of software
$554M
71/100
6th
Logo for ChargeLab
ChargeLab
2019, Toronto (Canada), Series A
Provider of electric vehicle station management solution
$30M
71/100
7th
Logo for Ev.energy
Ev.energy
2018, London (United Kingdom), Series B
Developer of software for managing electric vehicle charging grid loads
$46M
70/100
8th
Logo for Xeal
Xeal
2019, California City (United States), Series B
Provider of a cloud-based EV charging management platform
$51M
69/100
9th
Logo for myenergi
myenergi
2016, Stallingborough (United Kingdom), Series C
Manufacturer of eco-smart home energy management and electric vehicle charging products
$36.8M
68/100
10th
Logo for Esyasoft
Esyasoft
2014, Dubai (United Arab Emirates), Seed
Provider of integrated technology solutions for smart utility infrastructure and energy management
$502K
68/100
78th
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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More public EV charging options coming to Canada with new agreementAuto Service World•Mar 23, 2021•Flo, Greenlots
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FAQs about Greenlots

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