Blink Charging’s wholly-owned subsidiary, Blink Mobility, LLC, an all-electric car-sharing service, is acquiring Envoy Technologies, an Israeli startup offering shared electric vehicles as amenity for national real estate developers and owners. While the details have not been revealed, Calcalist reported that Envoy Technologies, which has raised $10 million to date, has raised $10 million in funding.
Blink Mobility said that its acquisition of Envoy, combined with its existing EV car-sharing service, and with the recently awarded $7.5 million to develop an electric car-sharing programs in New Jersey, will create one of the “largest all-electric car-sharing companies in the United States leveraging one of the most robust platforms in the industry.”
Founded in 2016 by Ori Sagie (CEO) and Aric Ohana (President), Envoy Technologies provides shared Mobility as an Amenity for communities, where people live, work and stay. Envoy is the leading provider of on-demand shared electric vehicles. Envoy vehicles are located in dedicated parking spaces at apartment complexes, hotels, workplaces and more.
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“We are pleased to welcome Envoy into the Blink Mobility family and the opportunity it brings to take advantage of its experience in the EV car-sharing space and maintain and advance our mission to promote electrification of the nearly $13 billion projected car-sharing industry in the U.S.,” said Michael D. Farkas, the Executive Chairman of Blink Mobility and Chief Executive Officer at Blink Charging. “There continues to be tremendous opportunity among various communities, including inner city areas, for the need of clean, reliable, and accessible transportation.”
“We are excited to be joining Blink Mobility and to advance our mission in offering electric car-sharing as an amenity service to even more hotels, multifamily properties and workplaces around the country, showcasing Envoy’s innovative platform and technology,” said Aric Ohana, CEO at Envoy Technologies. Ohana added that “with Envoy’s vast experience in the electric car-sharing space and Blink Mobility’s depth of knowledge partnering with local municipalities and being a pioneer in the electric vehicle charging industry, we look forward to continue working with our strategic investors and partners, such as Douglas Elliman, Goodyear Ventures, and Shell Ventures, to continue to advance the electric car-sharing industry with Blink Mobility.”
Envoy developed a car-sharing platform and mobile app that provides on-demand electric vehicles as an amenity to apartments, office buildings and hotels. Envoy equips real estate owners and operators with a new and innovative way to enhance the lifestyle of their tenants, members and guests by providing a “Mobility as an Amenity™ service,” a platform that offers technology to reserve and access vehicles, driver insurance, maintenance, electric vehicle chargers, electric fleet, fleet maintenance, full-service mobile app, customer support and robust analytics.