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Better Place, Inc.
Business Summary
Better Place, Inc. is a privately-held, venture capital backed clean technology company that develops, implements, and manages electric vehicle (EV) charging stations and battery switching stations. The firm currently operates in Israel, Denmark, California, and Hawaii. Founded in 2007 by Shai and Tal Agassi, Better Place, Inc. is headquartered in Palo Alto, California.
Recent News, Updates, and Analysis
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The Top 10 Largest Venture Capital Rounds of 2011
Jan. 2012 PrivCo, the private company financial data authority, has researched and ranked the Top 10 largest V.C. Funding Rounds of 2011 by size of the round: … Read More »
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 2007 |
| Fiscal Year End: | 12/31 |
| 1YR Employee Growth Rate: | View % |
| City: | Palo Alto |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Website: | www.betterplace.com |
Corporate Organization
| Affiliate Companies: | |
| Founders: | Shai Agassi Tal Agassi |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Clean Energy Technology > Green Transportation > Other Green Transportation |
| Clean Energy Technology > Smart Grid > Phev Integration |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | Better Place, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Better Place, Inc. financials to Excel and create your own graphs.)
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Better Place, Inc. Total Employees: |
VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Jan. 2008 | View | A-1 | ||
| Jan. 2008 | View | A-1 | Corporate | |
| Jan. 2008 | View | A-1 | Venture Capital | |
| Jan. 2008 | View | A-1 | Venture Capital | |
| Jan. 2008 | View | A-1 | Private Equity | |
| Details | Total Round A-11 View | |||
| Feb. 2008 | View | A-2 | Venture Capital | |
| Details | Total Round A-2 View | |||
| May. 2009 | View | A-3 | Corporate | |
| May. 2009 | View | A-3 | ||
| Details | Total Round A-3 View | |||
| Nov. 2009 | View | Funding | Venture Capital | |
| Details | Total Round Funding View | |||
| May. 2010 | View | B | Private Equity | |
| May. 2010 | View | B | Private Equity | |
| May. 2010 | View | B | Venture Capital | |
| May. 2010 | View | B | Venture Capital | |
| May. 2010 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Nov. 2011 | View | C | Corporate | |
| Nov. 2011 | View | C | Corporate | |
| Nov. 2011 | View | C | Corporate | |
| Nov. 2011 | View | C | Corporate | |
| Nov. 2011 | View | C | Investment Banking Firm | |
| Nov. 2011 | View | C | Venture Capital | |
| Nov. 2011 | View | C | Venture Capital | |
| Nov. 2011 | View | C | Venture Capital | |
| Details | Total Round C View | |||
| Aug. 2012 | View | Debt Funding | Non-Profit | |
| Details | Total Round Debt Funding View | |||
| Nov. 2012 | View | Venture Financing | Corporate | |
| Nov. 2012 | View | Venture Financing | Other Investment Firm | |
| Details | Total Round Venture Financing2 View | |||
| Total of Funding Shown Above View | ||||
| 1 | Of a $200 million equity...Read More → |
| 2 | Total offering...Read More → |
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Detailed Business Description: Better Place, Inc.
Better Place Revenues and Business Model
Better Place is a global provider of electric car networks that enables the mass market adoption of electric cars through a battery switch model for charging or switching out used batteries on electric cars via charging stations. Better Place owns and operates a network of battery switch stations and public/personal charge spots, along with the supply of batteries that power the cars, to provide drivers with range extension and the ability to drive, switch and go across an entire region. Better Place revenues are derived from drivers' and corporate fleet recurring subscriptions to its service.
Global Expansion
Better Place has operations in four continents including locations in Europe, the Middle East, the U.S., Australia, China and Japan. Better Place has rapidly expanded its global network through solidifying government contracts. As of 2012, Better place has used its nearly $1 billion in funding to established extensive networks in… Continue Reading →
Supplemental Resources
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