Voltaback Raises €2.8M for EV Fleet Charging Reimbursement

French fleet management innovator, Voltaback, has successfully closed a €2.8 million funding round, signaling a significant step towards expanding its sophisticated electric vehicle charging reimbursement solutions across the European market. The investment, led by European venture capital firm Serena, with participation from prominent angel investors including Aurélien de Meaux (co-founder of Electra) and Maxime Brousse (Sequoia Scout), will fuel the company's growth in team expansion and international rollout.

The core of Voltaback's offering lies in its unique software platform, which leverages connected vehicle data to streamline fleet operations without the need for additional hardware installations. Initially, the company focused on tackling the complex administrative burden businesses face when reimbursing employees for charging company electric vehicles at home. This process often involves intricate calculations to differentiate work-related electricity consumption from personal use, a challenge compounded by the need for documentation compliant with regulatory bodies like URSSAF.

Voltaback's patented technology addresses this by integrating data from electricity bills, smart meters, and vehicle telematics. This allows for precise reconstruction of individual home charging sessions, accurately calculating costs based on an employee's specific electricity tariff. The platform then automatically generates compliant reimbursement documentation, a process validated by Bureau Veritas and supported by an advance ruling from URSSAF. This capability is crucial, as Arnaud Tran, co-founder of Voltaback, notes that un-reimbursed home charging can cost employees up to €600 annually, potentially pushing them towards less cost-effective public charging infrastructure, which in turn can cost companies up to €2,000 per charge.

The timing of this funding is particularly relevant given the accelerating adoption of electric vehicles within corporate fleets. In the first half of 2026 alone, France saw the registration of 241,565 new electric cars, representing a substantial 28.2% share of the passenger car market. Voltaback has already demonstrated strong traction, with its platform adopted by 20% of CAC 40 companies over the past twelve months. Notable clients include industry giants such as Veolia, which manages over 20,000 vehicles and is implementing Voltaback for at least 6,000 EVs, and Equans, overseeing a fleet of 25,000 vehicles, alongside other major corporations like BNP Paribas, Sanef, Lyreco, Loxam, Fayat, Fives, and Sodexo.

Beyond EV charging reimbursement, Voltaback has strategically broadened its platform's utility. Fleet managers can now integrate data from both electric and traditional combustion-engine vehicles to monitor mileage, calculate taxable benefits, and report on Corporate Social Responsibility (CSR) indicators, all without deploying separate telematics devices. The platform's data-driven insights also support critical decision-making regarding charging infrastructure placement and the promotion of eco-driving practices, enhancing overall fleet efficiency and sustainability.

With this new capital injection, Voltaback is set to expand its operational footprint into six additional European countries. This strategic expansion, coupled with continued team growth, underscores the company's ambition to become a leading provider of comprehensive business mobility solutions across the continent. The company's focus on simplifying complex reimbursement processes and providing actionable fleet data positions it well within the rapidly evolving mobility sector.