Charging station startup ChargeItSpot closes $3.2M round - Philly


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.

(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
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