ChargeStorm AB
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ChargeStorm AB - overview
Established
2009
Location
Norrkoping, -, Sweden
Primary Industry
Automobiles, Other Vehicles & Parts
About
ChargeStorm AB is focused on delivering innovative technology solutions that enhance operational efficiency through a comprehensive software suite aimed at improving data management and facilitating real-time analytics across various sectors. ChargeStorm AB, founded in 2009 in Norrkoping, Sweden, specializes in technology solutions designed to improve operational efficiency. The company was acquired by CTEK Sweden AB in April 2018. Stefan Gabrielsson is the founder, while Henrik Fagrenius serves as the CEO.
ChargeStorm has been involved in a single funding deal up to the present. ChargeStorm AB provides a comprehensive software suite that enhances operational efficiency across different sectors. Their solutions streamline business processes, improve data management, and facilitate real-time analytics, catering to small to medium-sized enterprises as well as large corporations. The products have been launched over the past five years and are recognized in key geographical markets including North America, Europe, and Asia-Pacific, addressing specific industry challenges in finance, healthcare, and retail.
The revenue model at ChargeStorm AB is primarily subscription-based, allowing clients to access its software suite through various pricing tiers suited to different organizational sizes. Partnerships with industry-specific retailers and wholesalers further enhance market reach. Clients typically engage in annual contracts that include software licenses, support services, and additional modules. This structured approach ensures a steady revenue stream while fostering long-term relationships with clients.
ChargeStorm AB plans to leverage recent developments and funding to introduce new products aimed at enhancing their software suite. The company is targeting expansion into new markets, specifically in North America and Asia-Pacific, by 2025 to enhance their footprint. Following its acquisition by CTEK Sweden AB in April 2018, ChargeStorm is strategizing to utilize the acquired resources to support these initiatives.
Current Investors
CTEK Sweden AB
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.chargestorm.se
Verticals
Clean Technology, Electric & Hybrid Vehicles, IoT (Internet of Things)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ChargeStorm AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | ChargeStorm AB | - |
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