Chargetrip, headquartered in The Netherlands, is carving out a niche as the leading EV routing software company, routing an impressive 20% of European EV drivers each month through its customers' apps.
The company, founded in 2017, is strategically positioned to enhance the operations of Charge Point Operators (CPOs) and Electric Mobility Service Providers (eMSPs). Chargetrip equips its partners with sophisticated routing capabilities, boosting session frequency and network utilization. In practical terms, drivers using Chargetrip's routing make twice as many transactions per network, translating to increased charge sessions and revenue.
Investors might find the recent development of interest where the company secured an Early VC investment in July 2023, led by Wex. With a rapidly deployable platform—potentially operational in two weeks—Chargetrip demonstrates both scalability and the swift impact it can have on its partners' operations.