EVA Global launched in 2017 in Finland and has since expanded to over 32 countries across Europe, Asia, and the United States, with more than 300,000 charging points serving over 1,750,000 EV drivers annually. The Company, whose clients include Digital Charging Solutions, Greenflux, Ionity, Renault and Zap-Map provides EV charging infrastructure live monitoring and uptime assurance to businesses such as network owners and charge point operators in order to optimise the EV charging experience for drivers around the world.
Based out of offices in Finland, the Netherlands, Spain, and Germany, EVA Global’s fast-growing team of more than 150 employees provide hotline services in over 27 languages and handle more than 100,000 customer service cases monthly. The Company grew its recurring revenue by over 600% during 2021. With Verdane as a growth partner, EVA Global is looking to expand its product offering and continue to develop its platform on an international scale.
Reed Snyder, investment director at Verdane, said: “Niina and Donald, and the whole team at EVA Global have already placed the Company on a promising growth track in a booming segment, and we are excited to partner with them to support the next phase of growth. Through ingenious technology development and a relentless commitment to the customer and driver experience, the company has become a leading managed services provider in e-mobility. We look forward to helping them accelerate the global transition to a transportation sector powered by clean energy.”
Niina Suuriniemi-Hopper, CEO of EVA Global, said: “We share common values with Verdane in sustainability and we look forward to working with the Verdane team on this next stage of our journey. Our mission is to accelerate the transition to cleaner energy globally and we want to be our clients’ trusted partner for charging infrastructure management and driver engagement. With Verdane as our partner, we have more resources to grow globally, and we look forward to serving our customers even more broadly.”
Donald Hopper, co-founder of EVA Global, said: “We are the first mover in a rapidly growing industry and the market is developing fast. We set out to be our clients’ voice and a trusted partner in a changing landscape and today we serve some of the largest and most forward-looking companies in the world. Ultimately, our network approach to platform, service, and infrastructure monitoring enables us to maximise the availability, reliability, and accessibility of charging infrastructure across more than 32 countries. We are the leader in Europe and this year we will expand our business to Asia and the United States.”
Verdane made the investment in EVA Global through Verdane Idun I, which closed at EUR 300 million in December 2021. Verdane Idun is classified as “Article 9” under the European Union’s Finance Disclosure Regulation and invests in sustainable tech-enabled companies that contribute to the UN Sustainable Development Goals, concentrating on businesses focusing on the energy transition, on sustainable consumption and on resilient communities. The Fund has already made investments in Auntie, a digital provider of workplace wellbeing services, and Spond, a digital enabler of grassroot sports and physical health.
Verdane has a strong record investing in mobility businesses, with its current portfolio of mobility businesses including Bildeler.no, CAP-Group, and EasyPark.
The parties have agreed not to disclose the terms of the investment.
About EVA Global
EVA Global is the leading managed services provider in e-mobility. We offer an integrated and innovative technology platform which can connect to 17 different Charge Point Management Systems and allows us to operate charging infrastructure, troubleshoot virtually any type and make of charging equipment, provide superior customer experience and manage the service and maintenance of your install base. EVA Global has its HQ in Finland and operations in Spain, Germany, and the Netherlands. Our clients include a wide range of companies located across Europe, Asia and the United States. EVA currently solves more than 100,000 EV driver cases a month, and our team of multilingual EV Specialists are available 24/7, 365 days a year. Our mission is to create trust between developing technology in eMobility and its adopters by providing superior customer experience and accelerate the transition to cleaner energy.
More info: www.evaglobal.com
About Verdane
Verdane is a specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy inside two core growth themes; digitalisation and decarbonisation.
Verdane funds hold over €6 billion in total commitments and have made over 400 investments in fast-growing businesses since 2003. Verdane’s team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.
Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.
Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.
More info: www.verdane.com
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Press Contact
EVA Global
media@eva.global
Verdane Press Office
press@verdane.com
+46 76 27 28 100
