Progress records
1
Stage of your startup
Users
When did you start
July 2019
City
Tallinn, Harjumaa, Estonia
Definition in 1 sentence
Energy sharing & smart charging service for EV
Elevator pitch
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?
Yes
Category
Enterprise, Hardware, Software
Sector
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
Video Password
Startup Presentation
Other Documents
Image gallery
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.
Create Date
Friday, October 9, 2020 15:43 (Kutluhan Hakan)

Business model

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.

Market info

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
$ 3,000,000,000
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
Competitor name
Competitor website
BP Chargemaster
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.
Traction / KPIs
Title
Value
General Revenue
125,000
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?
1338
What is your monthly growth rate?
%14
Describe traction
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
5000x7=35000

Finance

How much runway do you have left(Month)?
22
How is equity divided?
Equity type
Name surname
Email
Equity
Co-Founder
Kutluhan Hakan
% 34
Co-Founder
Oguzhan Saritas
% 33
Co-Founder
Dogu Can Seyidoglu
% 33
How much money raised since start?
$ 141,000
Revenue lifetime
$ 112,392,000
Last months revenue
$ 16,000
Investment round
Seed round
Target fund to raise
$ 1,000,000
Equity on offer
% 18
Number of employees
5
Other info Write bullet points (Grants, prizes, acceleration)
Add more comments

Team

Owner member
Yes
Member role
Co-founder
Name surname
Kutluhan Hakan
Title
Head of Business Development & Partnership
Education
Bachelor Degree
School name
Dokuz Eylul University
Birthdate
17 February 1992
City
Berlin, Schleswig-Holstein, Germany
Short Bio
I have a degree of Industrial Engineering & Business Administration. I had many startup experience in Turkey, Serbia, Estonia and Germany. I'm the member of Berlin Startup Alliance, GEN and Fellow of Endeavor. Since 3 years I have been managing my own startup and moving it forward. It's Car4Future.
Meeting story with Cofounders
We have met at Google Android Acdemy 6 years ago in Turkey. Our mindset, inspiration and goals connected each other. Then, we join many entrepreneurship event and fellowship program.
Working together time
4 Years
Owner member
No
Member role
Co-founder
Name surname
Oguzhan Saritas
Title
Head of Technology R&D
Education
Bachelor Degree
School name
University of Izmir Economic
Birthdate
24 November 1994
City
Izmir, Turkey
Short Bio
He worked for Glocalzone and SGK Consultancy. Built own startup in Turkey Sorumvar Consultant. He is expert regarding Mobile app development and blockchain.
Meeting story with Cofounders
Friend
Working together time
5 year
Owner member
No
Member role
Co-founder
Name surname
Dogu Can Seyidoglu
Title
Head of Product
Education
Bachelor Degree
School name
Bahcesehir University
Birthdate
02 December 1993
City
Izmir, Turkey
Short Bio
He worked in Electronic and Game industry. Built own startup in Turkey. Their name is Virmod Modunar and Project Proxima. He has many project management experience in electronic circuit design and energy transfer.