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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Better Place was a transport company based in Palo Alto, California, specializing in electric car battery services. The company developed and sold battery charging and battery switching services for electric vehicles. Founded by Shai Agassi, Better Place aimed to revolutionize the electric car market with innovative solutions to extend vehicle range and reduce charging times.
The company had significant operations in Israel, driven by its founder and chief investors. Better Place made notable strides in the electric vehicle industry, establishing a network of battery switching stations. Despite its eventual closure, the company left a lasting impact on the development of electric vehicle infrastructure.
Operating Status
Closed
Ownership Type(s)
Venture Capital
Main Product(s)
Battery Services
Technology
Cleantech
Tags
SaaS
Model Types
Recurring Transactional
Revenue Type(s)
Enterprise Consumers
Geographic Exposure
Global
When was Better Place founded?
Better Place was founded in 2007.
Where is Better Place’s headquarters located?
Better Place’s headquarters is located in Palo Alto, CA, US.
When was Better Place’s last funding round?
Better Place’s most recent funding round was for $100M (USD) in November 2012.
How many employees does Better Place have?
Better Place has 750 employees as of Feb 4, 2024.
How much has Better Place raised to-date?
As of July 05, 2023, Better Place has raised a total of $925M (USD) since Nov 2, 2012.
Add Comparison
Total Raised to Date
$925M
USD
Last Update Nov 2, 2012
Last Deal Details
$100M
USD
Nov 2, 2012
Series Unknown
Total Employees Over Time
750
As of Feb 2024
Better Place Address
Palo Alto,
California
94306
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts