Rightcharge, a startup simplifying fleet EV charging, has raised £1.6 million in seed funding led by Soulmates Ventures, with backing from Blackwood Ventures, Unruly Capital and Purple Ventures. 

The company, which grew annual recurring revenue more than tenfold in 2025, will use the funds to expand into Europe through a new partnership with Octopus Electroverse.

The London-based firm’s platform automates home charging reimbursements for fleets by linking directly to energy accounts, cutting admin, fraud and costs by up to 90%. 

It also provides a public charge card covering 70% of UK chargers, consolidating all payments into one monthly bill. 

The technology is already used by The AA and other major fleets, with Rightcharge now preparing to launch in Germany, France, the Netherlands and beyond.