evee rides the electric wave
Discover how evee, an Australian EV rental platform, secured a whopping $1.6 million in equity crowdfunding and plans to ride this momentum into global expansion.
evee, an Australian EV rental platform, has recently hit the headlines with its successful equity crowdfunding campaign. The company managed to secure a staggering $1.6 million, making it the third-largest crowdfunding round on the Birchal platform this year. With plans to expand beyond Australia, evee is set to charge ahead in the electric vehicle (EV) market. But what makes this platform so attractive to investors, and how do they plan to use the funds raised?
We are blown away by the support thrown behind our company – Australia’s only car sharing platform devoted exclusively to electric cars.
Slava Kozlovskii, Founder of evee
evee’s crowdfunding campaign gained significant traction, drawing in 618 investors with an average investment of $2,589. Among these investors were high-profile names like Sascha-Manuel Reuter, former head of Atlassian, and Lee Torrens, former Marketplace Director and now Advisor to Canva. Both expressed their excitement to be part of evee’s journey towards clean, sustainable transportation.
evee operates as an Airbnb-style platform, connecting EV owners with people interested in renting electric vehicles. Since its launch, the company has amassed over 8,000 customers and boasts electric vehicles in every major city and town in Australia. Its impressive 100% growth rate every year for the past three years has fuelled its ambitions for global expansion.
evee recently launched in New Zealand and has plans to enter the UK and European markets. The funds raised from the crowdfunding campaign will be used to support these expansion efforts, as well as to develop new features and services for the platform.
The progress the team made in growing and improving the platform over the last couple of years, despite the pandemic and market downturn, has been nothing short of impressive.
Sascha-Manuel Reuter, former head of Atlassian
Reuter expressed his excitement about the upcoming UK and New Zealand rollout, adding that the investment in evee aligns with his values and other investments in climate action and general social responsibility spaces.
Lee Torrens, former Marketplace Director and now Advisor to Canva, explained his decision to invest in Evee: “I didn’t invest in the early days of the internet nor did I invest in the early days of smartphones. So I don’t want to miss the opportunity of investing in the early days of electric cars. I like evee because it’s building a solid foundation to dominate the crowd rental portion of the EV market transformation.”
I like evee because it’s building a solid foundation to dominate the crowd rental portion of the EV market transformation.
Lee Torrens, former Marketplace Director and now Advisor to Canva
evee’s commitment to promoting sustainable transportation has not gone unnoticed. The company was the winner of the ‘Going green’ category at the Pause Awards last year and ranked seventh on the Top 10 list of companies.