Charging station startup ChargeItSpot closes $3.2M round - Technical.ly Philly

Growth

Dec. 8, 2014 1:01 pm

Charging station startup ChargeItSpot closes $3.2M round

The company also rounded out its leadership team with two new hires.
ChargeItSpot in a South Carolina department store.

ChargeItSpot in a South Carolina department store.

(Photo courtesy of ChargeItSpot)

ChargeItSpot, the Center City startup that sells phone charging stations, just raised $1 million to close out a $3.2 million round, CEO Doug Baldasare said. Most of the investors are existing ones, like Robin Hood Ventures and an Oracle executive, he said.

The company will use the money to expand its team and develop new features for its charging stations, like loyalty program compatibility. ChargeItSpot currently employs 15.

The company also made two leadership hires:

ChargeItSpot is available in locations of Urban Outfitters, Five Below, department store Belk and most recently, Bergdorf Goodman.

Companies: ChargeItSpot
-30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Sign-up for daily news updates from Technical.ly Philadelphia

Do NOT follow this link or you will be banned from the site!