After a Financing in the summer of last year E-Mobilio is now able to announce another successful round: The Munich-based startup has raised a total of €9.5 million in a Series A round. Set Ventures is the lead investor. Existing investors Übermorgen Ventures, Wi Venture, Seed+Speed Ventures, and Gateway Ventures are also participating in this round, and the family office Zwei.7 has also been added as a new investor.
“All components of the electromobility ecosystem”
E-Mobilio aims to make the e-mobility market less complex. To this end, the startup has developed a cloud-based consulting solution for e-mobility as a one-stop shop, designed to make the switch to e-mobility easier for drivers. With the e-purchase advisor, e-car buyers can find their individual complete package, including charging technology, installation, public charging, photovoltaics, electricity tariffs, GHG quotas, subsidies, and other services. Ralph Missy, co-founder of E-Mobilio, explains:
"Anyone who can provide holistic advice on the electromobility ecosystem and offer their customers tailored solutions not only creates unique customer benefits and increases customer loyalty, but also secures valuable additional revenue across all components of the electromobility ecosystem."
The mobility startup also offers a white-label solution for car dealerships, vehicle manufacturers, and fleet operators. This can be customized to the licensee's requirements and integrated into their website and sales processes.
Ready for the mass market
The growth financing of EUR 9.5 million will be used for the company's further expansion: Following the successful market entry in Austria, the focus is now on other European markets. Denis Reichel, Co-Founder of E-Mobilio, says:
"With this fresh capital, we will further drive our international growth and resolve the two key bottlenecks in electromobility: needs-based consulting and optimal fulfillment for the end customer. Both of these together lead to a seamless customer journey and thus to an accelerated market ramp-up."
And Till Stenzel, Partner at Set Ventures, added:
"The electric mobility market has now entered a new phase – initially dominated by so-called 'early adopters', the offering is now ready for the broad mass market. This will also fundamentally change the car purchasing process and customer loyalty. E-Mobilio is ideally positioned to lead this process of change. The strong position in the traditionally conservative German car market underscores the central role that E-Mobilio already plays in this market and provides a strong foundation for further international growth."