Climate
Fintech
SaaS

Rightcharge raises £1.6M to simplify EV charging payments for Europe’s fleets

L to R: Kevin Luc Ikelle, CTO | Charlie Cook, Founder and CEO
By Nadine Dawood
Published October 23, 2025
Updated October 23, 2025

The London-based startup automates home and public EV charging payments to cut costs, emissions, and admin for fleets expanding across Europe.

Rightcharge, a London-based EV payments platform for fleets, has raised £1.6 million in seed funding to expand its unified charging solution across Europe. The round was led by Soulmates Ventures, with participation from Blackwood Ventures, Unruly Capital, and Purple Ventures.

Founded to simplify how companies manage EV charging, Rightcharge helps fleets reduce charging costs by up to 90% and cut carbon emissions by around 30% compared to public charging. The company’s platform integrates automated home charging reimbursement with a single card for public charging, consolidating all costs into one tax-compliant bill.

Businesses buy over half of all EVs, but existing fuel payment systems aren’t built for home charging” said Charlie Cook, Founder and CEO of Rightcharge. “Our goal is to make electrifying fleets seamless, reducing admin while saving companies money and carbon.”

The platform connects directly to a driver’s energy account, automatically crediting reimbursements to their electricity bill instead of their bank account. This ensures accuracy when tariffs fluctuate, prevents fraud, and simplifies compliance with tax regulations. Meanwhile, the Rightcharge card grants access to over 70% of the UK’s public chargers, providing a single HMRC-compliant invoice for fleet operators.

Major UK fleets including The AA, WJ, and VINCI Construction already use Rightcharge to manage both home and public charging. The company, which saw a 10x ARR increase in 2025, will now expand into Germany, France, the Netherlands, Belgium, Norway, and Ireland through a partnership with Octopus Electroverse.

Rightcharge is unlocking fleet electrification at scale by solving a practical problem that has slowed adoption for years” said Jakub Dvorak, Managing Partner at Soulmates Ventures. “We’re proud to back a team driving meaningful environmental and operational impact.

As fleet electrification accelerates, Rightcharge’s combination of automation, transparency, and cost efficiency positions it as a key player in Europe’s EV infrastructure ecosystem.