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EVAR

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Providing innovative ev charging products and services

Seongnam-si, South KoreaFounded 2018Wellness Beauty
Valuation $100–250M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for EVAR and the history behind them.

About EVAR

EVAR, a company focused on the electric vehicle (EV) charging market, develops and manufactures charging solutions. Its product line includes autonomous charging robots and mobile EV chargers, such as the EVAR Auto and EVAR Cart, designed to provide a more convenient and accessible charging experience for EV drivers.

The company aims to address challenges in the EV charging infrastructure by offering solutions that can be deployed in various environments, potentially reducing the need for extensive fixed charging station installations. EVAR's business model appears to be centered on the sale of its charging hardware to businesses, property managers, and other organizations that want to provide EV charging services to their customers or residents. The company operates in the growing market for electric vehicle support equipment, targeting a client base that includes commercial and residential property owners, fleet operators, and municipalities.

EVAR has secured funding to support its research and development efforts and expand its market reach. The company's approach to EV charging suggests a focus on flexibility and automation to improve the user experience and support the broader adoption of electric vehicles.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Seongnam-si, South Korea
Employees
45
Open positions
None listed
Dealroom signal
57.9/100
Industry
Wellness Beauty
Sector
Wellness Beauty

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jul 2023 $18M $74M DSC Investment · Korea Development Bank · Schmidt · Envisioning Partners ↗
SERIES A✓Equity / VC Sep 2021 $4.6M $18M DSC Investment · Hyundai Motor Company · Shinhan Capital · Schmidt —
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Growth signals

EVAR website traffic

Latest recorded traffic for EVAR is 3.8K monthly website visits, up 18.8% over the last three months. EVAR's team declined 6.3% over the past year.

Latest monthly visits3.8K 3-month web change+18.8% 1-year team growth-6.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

14 investors on the cap table

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

Series A13 investors entered at this stage

  • DSC Investment
  • Hyundai Motor Company
  • Shinhan Capital
  • Schmidt
  • Gentium Capital
  • GS Global
  • SK Rent-a-Car
  • Korea Development Bank
  • Envisioning Partners
  • ORIX
  • SBI Investment Korea
  • Hanwha Investment & Securities
  • Samsung Securities

Other known investors1 additional known investor

  • Samsung Ventures
Team profiled 4 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
1 countries with
team presence
🇰🇷 South Korea100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EVAR 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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