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Acquired bySunrise Group
Price$12M
Date7/2013

General Information

Websitebetterplace.com
Blogblog.betterplace.com
Twitter@btrplc
CategoryCleanTech
Employees
Founded10/2007

Offices

Better Place Palo Alto
1070 Arastradero Road,
Suite 220
Palo Alto, CA, 94304
USA

People

Founder
CEO
CEO Better Place Australia
CEO Better Place Denmark, Head of EMEA Business Development
Vice President of Operations
Vice President of Marketing
Vice President of Policy
Former Chairman and Director
Show All People

Funding

TOTAL $575M
FUNDING TOTAL $575M
Series A, 12/2008
Lend Lease Ventures
$25M
Series B, 1/2010
Morgan Stanley
VantagePoint Capital Partners
Ofer Hi-Tech
$350M
Series C, 11/2011
General Electric
UBS AG
Israel Corp
HSBC
Morgan Stanley Investment Management
Vantage Point Capital Partners
Ofer Hi-Tech
Maniv Energy Capital
$200M
DEBT TOTAL $150M
Debt, 8/2012
$50M
Debt, 11/2012
Israel Corp
$100M

Service Providers

Marketing

Tags

Better Place

Better Place is a mobility operator that aims to reduce oil dependence by delivering personal transportation as a sustainable service. Launched in 2007 with $200 million of venture funding, the company builds electric-vehicle networks powered by renewable energy to give consumers an affordable, sustainable alternative for personal mobility. Better Place is working with partners to build its first standards-based networks in Israel, Denmark, Australia, California and Hawaii. Better Place will activate networks on a country-by-country basis with initial deployments beginning in 2010.

Recent Milestones

  • Handshake
    Better Place was acquired by Sunrise Group for $12M. (7/12/13)
    Posted 7/12/13 at 3:17am via cleantechnica.com
  • Dollar
    Better Place received $100M in Debt funding. (11/2/12)
    Posted 11/2/12 at 8:46pm via gigaom.com
  • Dollar
    Better Place received $50M in Debt funding. (8/28/12)
    Posted 8/28/12 at 6:20pm via gigaom.com
  • Dollar
    Better Place received $200M in Series C funding. (11/11/11)
    Posted 11/11/11 at 6:09pm via greentechmedia.com
  • Check
    Better Place — Better Place opened Europe's first battery change station in Denmark. (8/15/11)
    Posted 9/16/11 at 1:09am via betterplace.com
  • Dollar
    Better Place received $350M in Series B funding. (1/1/10)
    Posted 1/25/10 at 1:17am via wsj.com
  • Check
    Better Place — Better Place named Jens Moberg as Head of Better Place Europe, Middle East and Africa (EMEA) Business Development and Chief Executive Officer of Better Place Denmark. As CEO, Mr. Moberg will focus on establishing Denmark as its first operation in Europe a (1/27/09)
    Posted 1/28/09 at 2:51pm via betterplace.com
  • Check
    Better Place — Better Place appoints Evan Thornley, a successful technology entrepreneur and former member of the Victorian Parliament, as chief executive officer in Australia. (1/20/09)
    Posted 1/26/09 at 10:47am via betterplace.com
  • Check
    Better Place — Better Place announces a partnership with the government of Ontario to bring an electric car network to the province and create a model for the adoption of electric cars in Canada. (1/15/09)
    Posted 1/26/09 at 10:47am via betterplace.com
  • Dollar
    Better Place received $25M in Series A funding. (12/9/08)
    Posted 12/9/09 at 11:32am via com.au
  • Check
    Better Place — Better Place Unveils Design and Deployment of Charging Spot and Electric Parking Lots in Israel (12/8/08)
    Posted 1/26/09 at 10:47am via betterplace.com
  • Check
    Better Place — Hawaiian Electric and Better Place Sign Agreement to Power Electric Vehicles with Renewable Energy (12/2/08)
    Posted 1/26/09 at 10:47am via betterplace.com
  • Check
    Better Place — Better Place Announces Support of California Governor's and SF Bay Area Mayors' Commitments to Build Sustainable Transportation Infrastructure (11/20/08)
    Posted 1/26/09 at 10:47am via betterplace.com
  • Check
    Better Place — Agreements annouced between AGL Energy and financial advisor Macquarie Captial Group to raise $1 billion (AUD) and begin deploying an electric vehicle network powered by renewable energy. (10/22/08)
    Posted 1/26/09 at 10:47am via betterplace.com
  • Check
    Better Place — Better Place announces 10 word campaign — Minifestos — (7/28/08)
    Posted 1/26/09 at 10:47am via betterplace.com
  • Check
    Better Place — Better Place names Joe Paluska as Chief Marketing Officer (4/3/08)
    Posted 1/26/09 at 10:47am via betterplace.com

Videos

Above:

Better Place Interviewed for Wired

Added: 10/20/12

Screenshots

Better Place screenshot
Above: BetterPlace Homepage
Uploaded: 12/28/08

Traffic Analytics

Quantcast

Livegraph

Compete

Betterplace

Sources

  1. Better Place Sold To Sunrise Group For $12 Million (cleantechnica.com) [edit]
  2. Better Place Australia Secures Funding For Canberra Electric Vehicle Charging Network (themotorreport.com.au) [edit]
  3. The Daily Start-Up: VCs Put $350M In A Better Place (blogs.wsj.com) [edit]
  4. Better Place Scores $200M In VC for Electric Vehicle Infrastructure (greentechmedia.com) [edit]
  5. Better Place raises $50M loan from European Investment Bank (gigaom.com) [edit]
  6. Better Place raising $100M more in the wake of Agassi departure (gigaom.com) [edit]
  7. Renault-Nissan and Project Better Place prepare for first mass produced electric vehicles (betterplace.com) [edit]
    Project Better Place Appoints Israel CEO, Declares Israel as Primary R&D Center (betterplace.com) [edit]
    DONG Energy and California-based Project Better Place to introduce environmentally friendly electric (betterplace.com) [edit]
    Project Better Place Names Joe Paluska as Chief Marketing Officer (betterplace.com) [edit]
    Better Place Challenges the World to Live Free From Oil (betterplace.com) [edit]
    Better Place Partners With AGL and Macquarie to Build EV Infrastructure in Australia (betterplace.com) [edit]
    21st Century Initiative in California Defines Roadmap for Sustainable Transportation, Green Job Growth and Opportunity to Reinvigorate Region’s Competitive Advantage (betterplace.com) [edit]
    Governor Lingle and Better Place Announce Partnership to Offer National Blueprint for Clean Energy in Transportation (betterplace.com) [edit]
    Better Place Plugs First Charge Spot to Electric Car (betterplace.com) [edit]
    Better Place Partners with Ontario to Bring ‘Car 2.0’ Electric Car Infrastructure to Canada (betterplace.com) [edit]
    Better Place Names Evan Thornley as CEO of Australian Operating Company (betterplace.com) [edit]
    Better Place names Jens Moberg as CEO of Better Place Denmark (betterplace.com) [edit]
    Elbiler Danmark (danmark.betterplace.com) [edit]
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Last Edited 4/8/14

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