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Theup
Providing cutting edge hardware and software solutions to hospitality venues to help them take orders faster and more efficiently
About Theup
ChargedUp operates a network of portable power bank rental stations located in popular venues across Europe, such as cafes, nightclubs, and other high-traffic areas. Users can easily rent a power bank by scanning a QR code on the ChargedUp station using the ChargedUp app, which also helps them locate the nearest station. The company serves a diverse clientele, including individual consumers who need on-the-go charging solutions and venue owners looking to increase footfall and dwell time through a unique marketing tool. ChargedUp's business model revolves around renting power banks to users for a fee, which can be paid through the app. The company ensures the safety and cleanliness of its power banks by implementing strict sanitation protocols, especially in response to the COVID-19 pandemic. This includes disinfecting power banks and providing PPE to their team of riders who maintain the stations. ChargedUp generates revenue through rental fees and potentially through partnerships with venues that benefit from increased customer engagement. The market for portable power solutions is growing, driven by the increasing reliance on mobile devices and the need for convenient charging options in public spaces.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- London, United Kingdom
- Employees
- 18
- Open positions
- None listed
- Dealroom signal
- 78.0/100
- Industry
- Fintech, Energy
- Sub-industry
- Energy Storage
- Sector
- Fintech, Social Entrepreneurship, Sustainable Development Goals, Charging Technology, Climate Tech, uk is8 financial services
- Technology
- Mobile app
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Jan 2022 | $9.2M | $37M | JamJar Investments · Tom Blomfield · Jägermeister | ↗ |
| SEEDEquity / VC | Nov 2019 | $2.8M | $11M | Best Nights VC | — |
Growth signals
Latest recorded traffic for Theup is 100 monthly website visits, down 28.6% over the last three months. Theup's team grew 20% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
- DLDaedalus Partners LLP
JamJar Investments
The Garage Soho
Best Nights VC
Tom Blomfield
Jägermeister
Other known investors3 additional known investors
Founders Factory
Katie Marrache
Paul Chiappe
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Theup 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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