Overview

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Status
Better Place has been closed and acquired
Total Equity Funding
$875M in 5 Rounds from 10 Investors
Headquarters:
Palo Alto, California
Description:
Better Place is a mobility operator building electric-vehicle networks powered by renewable energy sources.
Founders:
,
Categories:
Energy, Electric Vehicle, Clean Energy
Website:
http://www.betterplace.com
Social:

Company Details

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Founded:
October 29, 2007
Closed:
November, 2013
Employees:
501 - 1k | 13 in Crunchbase

Better place filed for Bankruptcy in November 2013.

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.

Funding Rounds (6) - $925M

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DateAmount / RoundValuationLead InvestorInvestors
Nov, 2012$100M / Venture1
Aug, 2012$50M / Debt Financing1
Nov, 2011$200M / Series C7
Jan, 2010$350M / Series B$1.25B6
Dec, 2008$25M / Series A2
Nov, 2007$200M / Series A0

Offices/Locations (1)

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  • Better Place Palo Alto

    1070 Arastradero Road,

    Suite 220

    Palo Alto, California 94304

    United States

Past Team (25)

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Images (1)

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