Tech Company Financing Transactions

Electrify America Funding Round

Siemens Financial Services and Volkswagen Group invested in a $450 million funding round for Electrify America. The round closed on 6/28/2022.

Transaction Overview

Company Name
Announced On
6/28/2022
Transaction Type
Venture Equity
Amount
$450,000,000
Round
Undisclosed
Investors

Siemens Financial Services (Lead Investor)

Volkswagen Group (Lead Investor) (Thomas Schmall)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Undisclosed
Reston, VA 20191
USA
Email Address
Overview
Electrify America LLC was formed in late 2016 and is based in Reston, Virginia. Electrify America will be a catalyst for promoting Zero-Emission Vehicle (ZEV) adoption by offering transformative, customer-centric infrastructure and energy management solutions.
Profile
Electrify America LinkedIn Company Profile
Social Media
Electrify America Company Twitter Account
Company News
Electrify America News
Facebook
Electrify America on Facebook
YouTube
Electrify America on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Giovanni Palazzo
  Giovanni Palazzo LinkedIn Profile  Giovanni Palazzo Twitter Account  Giovanni Palazzo News  Giovanni Palazzo on Facebook
Chief Financial Officer
Gregory Crossley
  Gregory Crossley LinkedIn Profile  Gregory Crossley Twitter Account  Gregory Crossley News  Gregory Crossley on Facebook
VP - Operations
Anthony Lambkin
  Anthony Lambkin LinkedIn Profile  Anthony Lambkin Twitter Account  Anthony Lambkin News  Anthony Lambkin on Facebook


 

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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