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Theup

Fintech · London, United Kingdom · Founded 2017

Providing cutting edge hardware and software solutions to hospitality venues to help them take orders faster and more efficiently MoreLess

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. Keywords: portable power bank, rental network, QR code, mobile app, venue marketing, customer convenience, Europe, sanitation protocols, COVID-19 response, high-traffic areas.

Company overview

Theup company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2017
Headquarters
London, United Kingdom
Employees
18
Open positions
None listed
Dealroom signal
78.0
client focusb2bclient focusb2ctechnologyMobile appsub industryEnergy StorageindustryFintechsectorSocial EntrepreneurshipsectorSustainable Development GoalssectorCharging TechnologysectorClimate Techsectoruk is8 financial servicesindustryEnergy

Valuation & funding

Theup funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDEquity / VC Jan 2022 $9.2M $37M JamJar Investments · Tom Blomfield · Jägermeister
SEEDEquity / VC Nov 2019 $2.8M $11M Best Nights VC
SEEDEquity / VC Nov 2018 $1.5M $5.8M JamJar Investments · The Garage Soho
SEEDEquity / VC Apr 2018 $198K $792K Daedalus Partners LLP
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 18
2025 15
2024 11
2023 16
2022 33
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Growth signals

Theup website traffic

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.

Latest monthly visits100 3-month web change-28.6% 1-year team growth+20%
Monthly website visits13 observations · Jan 2022–May 2024
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Comparisons

Theup compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Theup's talent

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Team profiled 17 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.

Investors

9 investors on Theup's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 6 investors entered at this stage
Daedalus Partners LLP
JamJar Investments
The Garage Soho
Best Nights VC
Tom Blomfield
Jägermeister
Other known 3 additional known investors
Founders Factory
Katie Marrache
Paul Chiappe

Global footprint

Where Theup has talent and traffic

Workforce by country
🇬🇧 United Kingdom · London HQ
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In the news

Latest news about Theup

Recent press, funding announcements, and product moves mentioning Theup — open to read from the original sources.

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Market sentiment

What the market is saying about Theup

An AI-synthesized read of the highest-engagement posts about Theup on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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