How Much Did Electrify America Raise? Headquarters, Funding & Key Investors

Electrify America, founded in 2016 and headquartered in Reston, Virginia, has raised a total of $450 million in its Series C round on June 28, 2022, led by Siemens and Volkswagen Group, achieving a $2.45 billion valuation. The company, with 51–200 employees, develops and operates electric vehicle (EV) charging infrastructure across the U.S., including DC fast chargers and Level 2 stations. Its app enables users to locate, reserve, start, and pay for charging sessions. The funding will expand charging networks, scale operations, and enhance app-based user experience, supporting nationwide EV adoption and sustainable mobility.

How Much Did Electrify America Raise? Funding & Key Investors

Electrify America has raised significant capital across multiple funding rounds, with backing from leading firms such as Volkswagen Group and Siemens. The company provides advanced electric vehicle charging solutions for residential, commercial, and public spaces, while offering a feature-rich mobile app for locating, reserving, monitoring, and paying for charging sessions.

What Is Electrify America and What Does It Do?

Electrify America, founded in 2016, is headquartered in Reston, Virginia. The company develops and operates electric vehicle (EV) charging infrastructure, offering DC fast chargers and Level 2 charging stations across the United States.

Its app enables users to locate chargers, check availability, reserve stations, start and monitor charging sessions, make payments, and navigate to charging stations.

With a team of 51-200 employees, Electrify America focuses on enhancing the EV ownership experience, supporting both residential and commercial EV adoption. Its technology-driven approach, combined with strategic partnerships with Volkswagen Group and Siemens, positions it as a key player in the sustainable energy and EV charging sector.

How Much Funding Has Electrify America Raised?

1. Series C

Amount Raised: $450 Million
Date: June 2022
Lead Investors: Siemens, Volkswagen Group
Motivation: To expand EV charging infrastructure, scale operations, and enhance app-based user experience.

Total Funding Raised: $450 Million

Current Valuation: $2.45 Billion (as on Jun 2022)

Latest Funding Date: June 2022

Key Investors

1. Volkswagen Group

Details: Global automotive manufacturer and parent company of the Volkswagen brand, investing heavily in EV infrastructure and sustainable mobility solutions.
Investment Focus Areas: Automotive technology, EV charging infrastructure, renewable energy.
Notable Investments: Electrify America, Porsche EV initiatives, VW ID Series.

2. Siemens

Details: German multinational conglomerate focusing on electrification, automation, and digitalization.
Investment Focus Areas: Energy solutions, EV infrastructure, industrial automation.
Notable Investments: Electrify America, smart grid technologies, energy storage solutions.

Where Is Electrify America’s Headquarters?

Electrify America is headquartered in Reston, Virginia, USA, providing strategic access to national infrastructure networks and supporting the company’s rapid expansion in the EV charging market.

What’s Next for Electrify America?

Electrify America aims to expand its nationwide EV charging network, integrate new technologies like ultra-fast DC chargers, and enhance its app for a seamless user experience. With $450 Million in Series C funding and a valuation of $2.45 Billion, the company is positioned to accelerate the transition to electric mobility in the United States, addressing increasing EV adoption and sustainability goals.

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