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Status: Active

Jul 26th 2020 - Sep 20th 2020

1 day left

Plug-N-Go is a company that provides electric vehicle charging infrastructure with the aim of sustainably electrifying transport. The company has 24 charge points that are accessible to users via its app. It sources 100% renewable energy from its partners at Octopus Energy. Air pollution is contributing to 40,000 early deaths a year in the UK that Plug-N-Go is striving to change. The global electric vehicle charging stations market will reach USD 27.7 billion by 2027 from an estimated USD 2.5 billion in 2019. The company hopes to become a strong contender in this segment. Plug-N-Go is in discussions over multi-site agreements with the Co-operative Society and Eden district council and has received interest from Associated British Ports. Its goal is to install 3,800 EV charge points for the public in 5 years at sites where drivers are already parking. The company will use the investment to deliver EV charging stations to businesses across the UK.

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Plug-N-Go Rating Review

Rated on 29/07/2020

Pitch Rated

81%

Gold

Management

87%

Product

79%

Investment

78%

Pitch rating powered by CROWDRATING

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
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Management 87%

Skills 82%
The management team at Plug-N-Go focus on modern businesses that need to be environmentally sustainable as well as profitable. The Founder/CEO is skilled in Renewable energy, Business Development and Project Management. He co-founded Plug-N-Go with the Chairman and is responsible for technological and business development. The CTO is responsible for Plug-N-Go’s charging platform, ensuring the hardware components are compatible with back-office software. The Chairman is a Chartered Accountant by profession and is responsible for financial control, legal and administration.

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Funding progress



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Pitch Rated

72%

Overall

rating powered by

CROWD RATING™

pledged: 234% days to go: 24 investment: £469,026

  • £150,186
    pledged
  • 60%
    of goal

    £250,000
    target

    £3,250,000
    pre-money valuation

    7.14%
    equity available

    764
    investors

    £197
    pledge per investor

    10848124
    company number

    Active
    company status

    04/07/2017
    incorporated 3 years

    £5.24
    share price

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    26 Jul 20 Crowdcube £150,186 / 60% 81.33%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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