A £9m Series A funding round in the Zap-Map business – the provider of electric vehicle chargepoints across the country – will help SME fleet drivers not only plan, and pay for charging out on the road, but offer better services in the future.
The agreement extends Zap-Map and Fleetcor’s existing partnership, which allows customers of the Fleetcor operated Allstar Electric card to use Zap-Map.
Drivers using Allstar Electric can add their card in the Zap-Map app and use it to pay for EV charging via Zap-Map’s payment solution Zap-Pay.
Zap-Map said it extended the relationship that existed between Fleetcor and Good Energy, which also contributed to the latest round of funding.
Richard Bourne, Zap-Map CEO said:
This fundraising round allows us to accelerate Zap-Map’s core mission — making it simple for current and future electric vehicle drivers to plan journeys, search and pay for electric vehicle charging.
Tom Rowlands, managing director of Global EV Solutions for Fleetcor added:
We are excited to be investing in Zap-Map alongside Good Energy, this investment will open up Zap-Map’s market leading capabilities to our UK fleet customers, further demonstrating Fleetcor and Allstar’s commitment to providing best in class EV solutions to the UK market.
According to Zap-Map, some 70% of the UK’s EV drivers are registered users of the service.
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