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FLO

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Canadian leader in smart charging solutions for electric vehicles

Quebec City, CanadaFounded 2009Transportation
Valuation $250–500M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for FLO and the history behind them.

About FLO

FLO operates a comprehensive electric vehicle (EV) charging network that serves a wide range of clients, including individual EV drivers, businesses, and municipalities. The company provides charging solutions for various environments such as homes, workplaces, and public spaces, ensuring that EV drivers can charge their vehicles conveniently wherever they are. FLO's business model revolves around selling and installing charging stations, as well as offering subscription-based services for network access and maintenance. The company generates revenue through the sale of charging hardware, installation services, and ongoing subscription fees for network access and support. FLO's market includes residential customers, commercial enterprises, and public sector entities looking to support the growing demand for electric vehicle infrastructure. The company aims to facilitate the transition to electric mobility by providing reliable, user-friendly charging solutions that enhance the EV ownership experience.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
Quebec City, Canada
Employees
186
Open positions
12
Dealroom signal
28.2/100
Industry
Energy, Transportation
Sub-industry
Maintenance, Vehicle Production
Sector
Transportation, Sustainable Development Goals, EV Charging, EV Charging Infrastructure, Climate Tech, Electric Mobility, Hard Tech, v2g
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Jun 2024 $25M — Undisclosed ↗
SERIES EOther financing Jun 2024 $75M $299M BDC Capital · La Caisse · Invest Quebec · Export Development Canada ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

FLO website traffic

Latest recorded traffic for FLO is 73K monthly website visits, down 8.8% over the last three months. FLO's team declined 16.2% over the past year.

Latest monthly visits73K 3-month web change-8.8% 1-year team growth-16.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later8 investors entered at this stage

  • NAventures
  • BDC Capital
  • MKB
  • Export Development Canada
  • Fonds de solidarité FTQ
  • La Caisse
  • Invest Quebec
  • Energy Impact Partners
Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇨🇦 Canada87.5%
🇺🇸 United States11.1%
🇿🇦 South Africa0.7%
🇲🇦 Morocco0.7%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about FLO on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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