What it sells
Low-cost, high-scale EV charging platform for apartments (and more).
Business model breakdown
Buyer: who owns the budget?
Property owners/managers of apartment buildings and garages, CPOs, fleet operators, OEMs and hotels.
Trigger: what makes them buy now?
EV charging in underground garages and multi-tenant buildings without internet signal; tenant demand for charging.
Workflow: what inputs become what output?
Driver connects to the wallbox by Bluetooth, authenticates locally with patented cryptography, charges without internet, and sessions sync to the cloud later; billing via platform; roaming cards supported.
Economics: what it saves and how it charges
Two models: HeyCharge-operated turnkey CPO service in Germany (property owner hosts), and platform/hardware sales to CPOs and OEMs (wallbox, MagicBox, SecureCharge module, CPMS, SDK).
Distribution: how it reaches customers
Direct sales and installers/distributors (wallbox available Europe-wide via HUMAX), OEM integrations, content/guides.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Summer 2021 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.