Monta Valuation, Funding & Investors

Monta is valued at $155M as of September 2022.

See full Monta profile

Last Monta valuation

$155M

Series A · Sep 2022

Last Monta funding round

$87M

Series B · Jan 2024

Cumulative funding Monta raised

$139M

across 5 funding rounds

Key investors in Monta

  • byFounders
  • AENU
  • Headline
  • Creandum
  • Pale blue dot
  • Energize Capital

Monta Overview

About Monta

Monta is a Copenhagen-headquartered software platform for EV charging infrastructure management across Europe. The company provides tools for operators to launch networks, an app for drivers, and a portal integrating access, billing, and analytics to support emobility adoption.


Founded

2020

HQ

DenmarkCopenhagen

Website

monta.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$155M (Sep 2022)

Monta Valuation

Monta is currently valued at $155M, based on its Series A in September 2022.

The $29M round was led by Energize Capital, with participation from Creandum, Pale blue dot, AENU, byFounders and Headline.

Monta valuation by funding round

Monta valuation by funding round
DateStageValuation
Sep 2022Series A$155M

Monta Funding History

Monta has raised a total of $139M across 5 funding rounds.

Monta's first fundraising round was a $800K pre-seed round in December 2020. The most recent completed round was a $87M Series B in January 2024.

Monta funding rounds

Monta funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2024Series BEnergize Capital (lead); Export and Investment Fund (lead); GreenPoint Partners (lead); Creandum; AENU; byFounders; QuantumLight; Headline$87M-Monta is an operating platform powering the EV charging ecosystem, providing software solutions that connect participants across the entire value chain from grid to hardware to business operations and end drivers. The company's platform enables fleet management, home and workplace charging, and leverages an extensive roaming network of over 600,000 charge points across Europe. In its Series B funding round closed on January 23, 2024, Monta raised €80 million (USD $87 million) with co-leads Energize Capital, GreenPoint Partners, and Denmark's state-backed Export and Investment Fund, alongside returning investors Headline, byFounders, AENU, and Creandum, plus new investor Quantum Light. This round brought the company's total funding to €130 million over three years. The proceeds were designated to double the company's team size, continue product R&D investment, and expand its partner network. In 2023, the company achieved significant traction including a 600% increase in annual recurring revenue, opened two new markets with offices in Paris and Barcelona, nearly doubled its employee headcount, and hit performance targets 14 months in a row. Strategic partnerships were established with major companies including Siemens, EGG, Rolec, and Uno-X, which utilize Monta's platform for fleet and charging operations. Energize Capital highlighted in their investment statement that research indicated Monta was the fastest-growing startup at its scale in the EV space.
Sep 2022Series AEnergize Capital (lead); Creandum; Pale blue dot; AENU; byFounders; Headline$29M$155MMonta is a Copenhagen-based EV charging management platform that digitalizes the EV charging ecosystem, connecting operators and owners to streamline charging processes, adjust prices dynamically based on market fluctuations, and support features like vehicle-to-grid (V2G) capabilities. The company addresses infrastructure bottlenecks in EV adoption by partnering with hardware OEMs to deliver innovative software solutions out of the box. In September 2022, Monta raised approximately $30 million (reported as $30M or €30M) in a Series A - II (or Series A+) round led by Energize Capital, with participation from existing investors including AENU, byFounders, Creandum, Headline, and Pale Blue Dot, bringing total funding at the time to over $50 million. The funding valued Monta at a post-money valuation of $155 million, as reported by multiple sources for this specific round on September 14, 2022. Proceeds were earmarked for U.S. market expansion, product development focused on grid management services, V2G interoperability with zero-carbon technologies like V2H and V2X, and contributing to local energy markets. CEO Casper Rasmussen highlighted the investment as validation of Monta's vision for a transparent, flexible EV future powered by software as the cornerstone of mobility infrastructure. Monta continued its growth trajectory, raising a larger Series B round of $87.13 million in January 2024 from investors including Energize Capital, Creandum, Headline, AENU, byFounders, and others, with total funding exceeding $138 million across multiple rounds by that point.
Jan 2022Series ACreandum (lead); Headline (lead); Pale blue dot; AENU; byFounders$17M-Monta raised approximately $16.9 million to $17.1 million in its Series A round on January 17, 2022, led by Creandum and Headline, with participation from AENU, byFounders, and Pale Blue Dot. The Copenhagen-based company provides an all-in-one EV charging management platform and services. This round supported Monta's expansion in the electric vehicle charging sector. A subsequent Series A - II round in September 2022 carried a $155M valuation. Monta continued fundraising, reaching a total of about $109.82M to $148.35M over multiple rounds, including a Series B of $87.13M in January 2024 with investors like Energize Capital, GreenPoint Partners, QuantumLight, and returning backers. By 2023, Monta achieved 600% ARR growth, expanded into seven new markets with offices in Paris and Barcelona, and formed partnerships with Siemens, Egg, Rolec, and Uno-X.
Apr 2021SeedbyFounders (lead); Pale blue dot (lead); Lars Fjeldsoe-Nielsen; AENU; 2xN$5M--
Dec 2020Pre-seedJeppe Rindom; Vaekstfonden; Casper Rasmussen$800K--

Who has invested in Monta?

14 investors have backed Monta across its funding rounds, including byFounders, AENU, Headline, Creandum, Pale blue dot and Energize Capital.

Lead investors include Energize Capital, Export and Investment Fund, GreenPoint Partners, Creandum, Headline and 2 other investors.


Monta Investors

Investors in Monta by funding rounds participated
InvestorHQRoundsRoleFirst check
AENUGermanyBerlin4ParticipantApr 2021
byFoundersDenmarkCopenhagen4LeadApr 2021
CreandumSwedenStockholm3LeadJan 2022
Pale blue dotSwedenMalmö3LeadApr 2021
HeadlineUnited StatesSan Francisco, CA3LeadJan 2022
Energize CapitalUnited StatesChicago, IL2LeadSep 2022
Lars Fjeldsoe-NielsenUnited KingdomLondon1ParticipantApr 2021
Export and Investment FundDenmarkCopenhagen1LeadJan 2024
QuantumLightUnited KingdomLondon1ParticipantJan 2024
Jeppe RindomDenmarkCopenhagen1ParticipantDec 2020
VaekstfondenDenmarkCopenhagen1ParticipantDec 2020
2xNUnited KingdomUnited Kingdom1ParticipantApr 2021

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Monta Competitors

Monta competitors include listed companies like Electreon Wireless and Ebusco Holding, and private ones like Euler Motors, Charge Amps, Teld New Energy and ChargerSystem Inc.

Public and private companies comparable to Monta
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Euler MotorsIndiaIndiaPrivate$20M-$173M8.7x
Charge AmpsSwedenStockholmPrivate$26M-$137M5.3x
Teld New EnergyChinaQingdaoPrivate$241M-$193M-
Electreon WirelessIsraelIsraelPublicly listed$5M($33M)$233M-
ChargerSystem IncUnited StatesBoca Raton, FLPrivate--$95M-
Ebusco HoldingNetherlandsNetherlandsPublicly listed$88M($59M)$50M-

Monta Public Comps

Monta is still privately-owned, but its public comps include Digital Currency X, Niu Technologies, Conpet, Acusensus, Tracsis, Daea Ti, Renewal Fuels, Dynagas LNG Partners, Ryde Group and WLM.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Digital Currency X-$71M--2.2x-
Niu Technologies$642M$4M0.1x0.1x10.4x(2.6x)
Conpet$119M$31M1.0x-3.7x-
Acusensus$61M($9M)2.1x2.0x(14.5x)20.4x
Tracsis$110M$13M1.0x1.0x8.8x6.1x
Daea Ti$112M$20M1.5x-8.5x-
Renewal Fuels$690K($11M)246.6x-(15.7x)-
Dynagas LNG Partners$157M$113M2.6x2.7x3.6x-

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Common questions about Monta

When was Monta founded?Monta was founded in 2020.
Where is Monta headquartered?Monta is headquartered in Copenhagen, Denmark.
Is Monta publicly listed?No, Monta is a private, VC-backed company.
What is Monta's valuation?Monta was last valued at $155M in its Series A in September 2022.
How much funding has Monta raised?Monta has raised $139M across 5 funding rounds.
What was Monta's last funding round?Monta's last funding round was a $87M Series B in January 2024, led by Energize Capital, Export and Investment Fund and GreenPoint Partners.
Who are Monta's investors?Monta's investors include AENU, byFounders, Creandum, Pale blue dot, Headline, Energize Capital, Lars Fjeldsoe-Nielsen, Export and Investment Fund, QuantumLight, Jeppe Rindom and 4 others.
Which companies are comparable to Monta?Companies comparable to Monta include Euler Motors, Charge Amps, Teld New Energy, Electreon Wireless, ChargerSystem Inc and Ebusco Holding.

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