Voltaback raises €2.8M to scale EV charging reimbursement across Europe

French fleet management software startup Voltaback has
raised €2.8 million from European investment fund Serena and several business
angels, including Aurélien de Meaux, co-founder of Electra, and Maxime Brousse,
Sequoia Scout.

Voltaback has developed a software platform that uses
connected vehicle data to help companies manage their fleets without requiring
additional hardware or equipment. The company initially focused on helping
employers reimburse employees for charging company electric vehicles at home.

According to Voltaback, home charging can create
administrative challenges for businesses, which need to separate work-related
electricity consumption from an employee’s personal usage and produce
reimbursement documentation accepted by URSSAF.

Voltaback’s platform combines data from electricity bills,
meters and connected vehicles to reconstruct individual home charging sessions
and calculate their cost based on the employee’s electricity contract. It then
generates a reimbursement receipt. The company says its calculation method has
been validated by Bureau Veritas, is patented and is covered by an advance
ruling from URSSAF.

If employees aren’t reimbursed by their employer for
charging at home, they lose out on €600 a year, which pushes them toward public
charging stations. For the company, those same charges then cost up to €2,000 a
year,

said Arnaud Tran, co-founder of Voltaback.

The company is targeting a growing market as businesses
transition their fleets to electric vehicles. In the first half of 2026,
241,565 new electric cars were registered in France, accounting for 28.2 per
cent of the passenger car market.

Over the past twelve months, Voltaback says its platform has
been adopted by 20 per cent of CAC 40 companies. Its customers include Veolia,
Equans, BNP Paribas, Sanef, Lyreco, Loxam, Fayat, Fives and Sodexo. Veolia,
which operates more than 20,000 vehicles in France, is rolling out the platform
over three years, covering at least 6,000 electric vehicles, while Equans
operates a fleet of 25,000 vehicles.

Voltaback has since expanded the platform beyond electric
vehicle charging. Fleet managers can connect combustion-engine vehicles as well
as electric vehicles to track mileage, calculate benefits in kind and report
CSR indicators without deploying telematics devices. The company uses
vehicle-generated data to support decisions around areas such as charging
locations and eco-driving.

Voltaback will use the funding to roll out its platform
across six European countries and expand its team, as it looks to broaden its
offering for business mobility in Europe.