Stage of your startup
When did you start
Tallinn, Harjumaa, Estonia
Definition in 1 sentence
Energy sharing & smart charging service for EV
We ensure that electric cars can access charging stations without the need for membership and make payments online. Also, by providing energy transfer from Vehicle2Vehicle and Vehicle2Unit, we facilitate access to energy at every point and ensure that our users earn income with smart energy usage.
Are you incorporated?
Enterprise, Hardware, Software
Transport & automotive, Mobility
How do customers use or interact with your product?
Mobile/Tablet (iOS), Mobile/Tablet (Android), Server software (ie, databases)
Product Demo Video Adress
Why do you want to attend this program?
We want to change the world and make differences. We change some dynamics with the destructive technology we create. While doing this, we want to enter an accelator that understands us and will carry us forward with their support. We believe that you are perfect match for our global goals.
Describe the problem you are solving
Energy providing is built like a closed system in the electric vehicle industries The applications we have today are made by the charging station owners and they only share their units in their apps. If you are not member this station you can not use and get charge. There is no reservation system that offers ease to the customer as well.The drivers can not reach to energy every location and it creates range anxiety.
How are your customers solving that problem today?
The customers use least 4 app for finding good station for charging. Generally the users use same road and direction when they use their electric car. There is no active payment system. So, they have to use only AC public stations.
Target custormers - Define customers, who are they
Drivers, Charging station and Corporate fleets
How do you plan to acquire customers?
B2C:Driver B2B:Fleets, Rental company, charging stations
What is your revenue model or expected revenue model?
0.99 $ booking fee for each charge.
10% commission from the charging amount.
5000 euro set up fee and monthly invoice comission from Fleet service
1000 $ socket sales price.
Sponsor agreements from brands.
What is your target market?
2020 & 2021 : Europe - 1.6 Million
2022: North America - 2 Million
2020*Q3: Far East - 4.3 Million
What is your total available market size
What steps have you taken to validate the market?
We reached the Electric cars community around the world. Published 3 different demo for understand customer assume. Joined the mobility ecosystem. Follow the conferences for understanding the mobility trends. When we ıntegrated the charging stations to our network we follow the usage tendency. We have analtical data for it.
Do you have competitors? Please write down the names
Competition: write down competitors and explain
We have 2 type of competitors.
1- Charging station provider: Works like closed system. They share only own station's location. Customers need to pat subscription fee.
2- Map service provider: Only share location info. No reservation and payment service.
Who are your competitors and how are you different?
C4F isn't only a station network app but also a Personal unit sharing network. Uniqely, we create a structure that enables the transfer of energy from the vehicle to the vehicle and from the vehicle to the Charging Unit, thus providing our users with the opportunity to generate revenue continuously. And, we provide wireless energy transfer socket. By providing smart charging service with this socket technology, we enable users to transfer their energy to any vehicle or unit and earn income.
What progress have you made in the last six months?
January 2020 first demo users
February 2020 Winner at TET Re-De Project Forum
February 2020 Best Mobility Service Award by Information Technology Institut
April 2020 Country final at Powerup
May 2020 Winner at Creative Business Cup
June 2020 all public station network published
July 2020 first fleet portal published
August 2020 1338 active users.
How many customers/users do you currently have?
What is your monthly growth rate?
Session based price of charging: 8.40: we receive 0.84€
Charging procession fee 0.99€
0.84+.99=1.83 (49.180 charging process)
5000 instalization fee