Volta - About the company
Volta is an acquired company based in San Francisco (United States), founded in 2010 by Scott Mercer and Michael Menendez. It operates as an Operator of EV charging networks. Volta has raised $90.8M in funding from investors like Ulupono Initiative, Energize Capital and 500 Global, with last known valuation of $*****. The company has 126 active competitors, including 25 funded and 10 that have exited. Its top competitors include companies like ChargePoint, EV Connect and Electrify America.
Company Details
Operator of EV charging networks. It designs, installs, and maintains a network of free-to-use EV charging stations in public spaces that comprise customer-centric businesses. The stations include advertisements from its partner brands for customer engagement, and it also provides an app enabling users to find its stations located in retail spaces. Its app is available across both Android and iOS devices.
- Website
- voltacharging.com
- Email ID
- *****@voltacharging.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Acquired
Total Funding
$90.8M in 16 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jan 18, 2023
Investors
Ranked
11th among 126 active competitors
Annual Revenue
$50M - $100M as on Dec 31, 2022
Employee Count
82 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Shell (Jan 18, 2023)
Legal entities associated with Volta
Volta is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VOLTA INDUSTRIES INC. CIN: 271839056 , United States, Active | Dec 31, 1999 | - | 237 (As on Dec 31, 2022) | - |
Volta Charging CIN: 87-2637400 , United States, Active | Jan 01, 2010 | - | - | - |
TORTOISE ACQUISITION CORP. II CIN: 1819584 , United States, Deadpooled | $50M - $100M (As on Dec 31, 2022) | - | - |
Volta's acquisition details
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Volta's funding and investors
Volta has raised a total funding of $90.8M over 16 rounds. Its first funding round was on May 31, 2013. Its latest funding round was a Post IPO round on Jan 19, 2021 for $*****. 1 investor participated in its latest round. Volta has 25 institutional investors.
Here is the list of recent funding rounds of Volta:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 19, 2021 | 8022876 | Post IPO | 7593895 | 9836027 | 8395172 | 8844252 |
Jan 05, 2021 | 3013850 | Conventional Debt | 5400319 | 3724354 | 1821669 | |
Sep 10, 2019 | 7122877 | Series C | 9584729 | 1672744 | 4324062 |
View details of Volta's funding rounds and investors
Volta's founders and board of directors
Founder? Claim ProfileThe founders of Volta are Scott Mercer and Michael Menendez.
Here are the details of Volta's key team members:
- Scott Mercer: Co-Founder & CEO of Volta.
- Michael Menendez: Co-Founder of Volta.
View details of Volta's Founder profiles and Board Members
Volta's employee count trend
Volta has 82 employees as of May 26. Here is Volta's employee count trend over the years:
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Volta's Competitors and alternates
Top competitors of Volta include ChargePoint, EV Connect and Electrify America. Here is the list of Top 10 competitors of Volta, ranked by Tracxn score:
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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 | 76/100 | |
2nd | EV Connect 2009, El Segundo (United States), Acquired | Platform for electric vehicle charging management | $49.9M | 73/100 | |
3rd | Electrify America 2016, Reston (United States), Series C | Operator of a network providing electric vehicle charging services | $450M | 69/100 | |
4th | AmpUp 2018, Cupertino (United States), Series A | Provider of a platform for managing electric vehicle charging infrastructure | $15.2M | 69/100 | |
5th | Blink Charging 2006, Miami Beach (United States), Public | Platform offering electric vehicle charging equipment and related services | $21.9M | 68/100 | |
6th | Loop 2018, Los Angeles (United States), Series A | Online platform offering charging station network | $40M | 65/100 | |
7th | EVgo 2010, Los Angeles (United States), Public | EV charging station operators | - | 64/100 | |
8th | EV Realty 2021, San Francisco (United States), Series C | Provider of charging hubs for commercial electric vehicle fleets | $103M | 63/100 | |
9th | Noodoe 2013, Los Angeles (United States), Series B | Provider of AI-driven electric vehicle charging and energy management solutions | $12.4M | 61/100 | |
10th | EVCS 2018, Arcadia (United States), Series A | Operator of a network providing electric vehicle charging services | $28M | 60/100 | |
11th | Volta 2010, San Francisco (United States), Acquired | Operator of EV charging networks | $90.8M | 63/100 |
Looking for more details on Volta's competitors? Click here to see the top ones
Volta's Investments and acquisitions
Volta has made no investments or acquisitions yet.
Reports related to Volta
Here is the latest report on Volta's sector:
News related to Volta
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Volta Polska’s Financing Of Two PV Projects In PolandGlobal Legal Chronicle•Jan 16, 2025•Volta, Norton Rose Fulbright, CAF
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Volta finds high-grade gallium, cesium, tantalum, and lithium at Ontario's ZigZag project.Juniorminingnetwork•Jan 14, 2025•Volta
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Mitsui sets up joint venture to build battery-recycling plant in JapanChemengonline•May 17, 2024•Mitsui, Volta
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BRI Finance Gives a special credit of Bluebird drivers to buy Volta motorcyclesMedia Asuransi•Feb 04, 2024•Bluebird, Brifinance, Volta
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Volta: Hedge fund Luxor Capital takes over insolvent e-truck manufacturer Voltamanager magazin•Dec 01, 2023•Volta, Luxor Capital Group, Volta Trucks, Alvarez & Marsal Holdings
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Indonesia’s Bank Mandiri adds Volta’s motorbikes to super-app offeringsTech in Asia•May 31, 2023•Bank Mandiri, Volta
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Autotech Ventures Raises USD230M For Third FundFinSMEs•Apr 20, 2023•Autotech Ventures, Indie Semiconductor, Volta, Lyft and 4 others
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Supporting EV credit payment, Volta to join hands with Bank MandiriIDNFinancials•Apr 10, 2023•Volta, Bank Mandiri
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