{"data":{"type":"company_profile_ai","id":86479,"entity_id":"wefunder:company:86479","attributes":{"canonical_url":"https://wefunder.com/aeoncharge","retrieval_urls":{"canonical":"https://wefunder.com/aeoncharge","json":"https://wefunder.com/aeoncharge.json","markdown":"https://wefunder.com/aeoncharge.md","ai_json":"https://wefunder.com/aeoncharge.ai.json","ai_text":"https://wefunder.com/aeoncharge.ai.txt","changelog_json":"https://wefunder.com/aeoncharge.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-22T05:03:20Z","generated_at":"2026-06-23T00:22:33Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":86479,"entity_id":"wefunder:company:86479","slug":"aeoncharge","name":"AeonCharge","tagline":"A universal EV charging payment passport","elevator_pitch":"AeonCharge is building a universal platform for EV drivers to locate, activate, and pay for EV chargers across different providers; both network and non-network operators.","location":"Seattle, WA","website":"https://AeonCharge.com","total_amount_raised":77121,"total_investors":175,"is_funded":false,"is_active":false},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 77121","citation":"https://wefunder.com/aeoncharge#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:20Z","as_of":"2026-06-23T00:22:33Z","confidence":"high"},"observed_at":"2026-06-22T05:03:20Z","expires_at":"2026-06-23T05:03:20Z"},{"claim_id":"claim-total-investors","text":"Total investors: 175","citation":"https://wefunder.com/aeoncharge#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:20Z","as_of":"2026-06-23T00:22:33Z","confidence":"high"},"observed_at":"2026-06-22T05:03:20Z","expires_at":"2026-06-23T05:03:20Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 77121","citation":"https://wefunder.com/aeoncharge#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:20Z","as_of":"2026-06-23T00:22:33Z","confidence":"high"},"observed_at":"2026-06-22T05:03:20Z","expires_at":"2026-06-23T05:03:20Z"},{"claim_id":"claim-total-investors","text":"Total investors: 175","citation":"https://wefunder.com/aeoncharge#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:20Z","as_of":"2026-06-23T00:22:33Z","confidence":"high"},"observed_at":"2026-06-22T05:03:20Z","expires_at":"2026-06-23T05:03:20Z"}],"company_claims":{"tagline":"A universal EV charging payment passport","elevator_pitch":"AeonCharge is building a universal platform for EV drivers to locate, activate, and pay for EV chargers across different providers; both network and non-network operators.","story":"A universal Electric Vehicle (EV) payment passport\u0026nbsp;that streamlines the charging experience for everyoneOverview:\u0026nbsp;AeonCharge is building universal mobile apps\u0026nbsp;for EV drivers to locate, activate, and pay for EV chargers across different providers. Our solution to an inevitable problem in the EV space is consolidation. AeonCharge’s universal platform provides the necessary integration of all EV charging tools in a streamlined application.Our Journey:\u0026nbsp;Three years ago, our team met on our first venture together in founding a non-profit organization at Purdue University, which later grew to a multinational organization. After a successful venture together, our bond as friends grew stronger and we decided to tackle another world-scale issue together. The EV space is rapidly growing and we decide to help in increasing EV adoption by consolidating the EV charging infrastructure in the United States.\u0026nbsp;\u0026nbsp;The Problem:\u0026nbsp;We talked to 276 EV drivers in States across the United States and found a similar complaint: the EV charging system in the United States is broken. EV drivers have to go through the hassle of using multiple apps to find the most convenient charging locations. 7 out of 10 EV drivers claimed they owned more than 4 different apps for charging, requiring them to\u0026nbsp;create\u0026nbsp;separate accounts\u0026nbsp;and insert payment information for each of the\u0026nbsp;accounts.With the broken EV charging system in the United States, 87% of EV drivers own a second gasoline vehicle for longer-range trips. Even worse, 2 out of 10 EV owners abandon their EV because of charging inconveniences!Our Solution:\u0026nbsp;Utilizing open\u0026nbsp;charging protocol, complex proprietary data flow, and cutting-edge user experience, our mobile apps\u0026nbsp;allow locating, activation, and payment through 2 simple clicks. In addition, our app allows brand advertisements for charger owners like local businesses, restaurants, and retail shops to attract EV patrons and earn more revenue.Why Now:\u0026nbsp;The EV charging sector is a fast-growing market primed to explode. Between 2020 to 2027, the compound annual growth rate (CAGR) is expected to hover around 46.6% following the boom of electric vehicles in the United States. Furthermore, fighting the climate crisis has become a top priority for policymakers, resulting in many new EV-friendly policies and mandates.In addition, the EV charging market is fragmented with several players occupying the market share (Technavio EV charging Stations Market 2020-2024 report). By becoming the universal payment passport or “Visa in the EV charging sector”, our project has a promising trajectory. Market Opportunity:\u0026nbsp;Our total addressable market in the United States is $724 million in 2021 and will grow to $2.1 billion in 2025. This is based on a bottoms-up modelRevenue Model:\u0026nbsp;We have two revenue pipelines:\u0026nbsp;a freemium model for EV drivers and an advertisement fee for business owners. Standard EV drivers can use AeonCharge for free. We are partnering with charging networks, charge point operators, and utility companies to receive transaction revenue, with expected average revenue of $5.99/user/month; Premium EV drivers pay $8/user/mo for perks such as discounted charging sessions and promotional offers. On the other hand, charger owners and nearby businesses can purchase an advertising plan to attract EV patrons, consisting of a $0.5 Cost Per Click for ads on the app and a $2.5 Cost Per Lead for each paying EV driver at their business. With our current business model, the expected LTV/CAC is 31.6x and 45.6x for EV drivers and business owners. Traction:\u0026nbsp;Our team has been able to secure funding from angel investors, equity crowdfunding, and a grant from the Regional National Science Foundation (NSF) for a total amount of $492,000 (in both cash and in-kind services). In addition, our project has received multiple national and international recognitions.Currently, we have integrated multiple major network operators. From our users' side, we are seeing a 373% month-over-month growth and 921 waitlisted users waiting for our public launch. Our current NPS score is 84 based on our private beta. In addition,\u0026nbsp;we are backed by 12 state-level EV organization leaders and\u0026nbsp;the board members of the largest national EV organization in the US, which allows us to get more insights from a wider range of EV drivers and charger providers.\u0026nbsp;Recent press coverage:\u0026nbsp;Yahoo Finance, Inside Indiana Business, Nasdaq, InvestorPlace, and ABC 212021June 22nd, 2021 - Private Beta (Close group testing, network operators) July 22nd, 2021 - Private Beta (Invite-only testing, network operators)October 23th, 2021 - Public Launch, network operators 2022January 2022 - Series A (open, duration 9 months) March 2022 - Private Beta (Close group testing, non-network operators)April 2022 - Private Beta (Invite only testing, non-network operators)July 2022 - Public Launch, non-network operatorsOct 2022 - Plug \u0026amp; Charge integration\u0026nbsp;2023 \u0026amp; afterJanuary 2023 - Series B (open, duration 9 months)2024 - partnership with automakers for built-in integrationForward-looking projections cannot be guaranteed.Final WordsOur dream is to increase EV adoption in the United States and we hope that by fixing the charging experience for drivers, we can encourage more people to shift to electric vehicles. Join us and be a part of our exciting venture!","quick_facts":["VC-backed and raised $500,000","Mentored by Y Combinator and Techstars Executives","Backed by 17 EV club presidents, representing states in the United States","Pepperdine Most Fundable Startups top 100","$2.1 billion market opportunity in 2025 with fast-growing 46.6% CAGR","Recently accepted to a top startup accelerator (public announcement in Nov)","Validated with net promoter score (NPS) of 84"]},"computed_metrics":{"total_amount_raised":77121,"total_investors":175,"team_size":4,"featured_investor_count":1,"faq_count":5,"recent_post_count":4},"quick_facts":[{"claim_id":"claim-fact-1","value":"VC-backed and raised $500,000","citation":"https://wefunder.com/aeoncharge#claim-fact-1","observed_at":"2026-06-22T05:03:20Z","expires_at":"2026-06-29T05:03:20Z"},{"claim_id":"claim-fact-2","value":"Mentored by Y Combinator and Techstars 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is the current share price","answer":"Hi Timothy, thank you for your question. For legal compliance, we will post the actual share price after we have filed the necessary paperwork to SEC. I will keep you posted! Edit: the early birds price per share is $1.33 and the normal price per share is $1.60"},{"question":"What makes you company a better fit to solve this problem than someone like Google?","answer":"Google, or any big companies, may have better resources to capital and talents to solve this problem. However, there are reasons that makes Google acquired Waze, despite having the Google map, at billions of dollar after outbidding Facebook and Apple. The case is also similar to why Microsoft, despite created the Messenger (a Skype competitor), acquired Skype. Similar to Waze and Skype, we have the right people to execute the idea, which is proven by our traction. In addition, we have pin poi..."},{"question":"Hi there: I am interested and have few questions: 1. Who are you competitors right now? 2. Who are the VCs invested? would you mind letting me know. 3. Is this still in pre-revenue? How do you generate revenue? what is the revenues projection next 12 month? revenue next couple...","answer":"My Mohammad, thank you for your interest in AeonCharge. Here are the answers to your questions 1. Who are your competitors right now? We can't call other EV charging network providers as our competitors because we have partnered with a handful of them and plan to partner with everyone else. Again, our model is comparable to Expedia. We can't say Expedia is competing with Delta airlines although both of them sell Delta's tickets. In term of other companies that are doing a similar project, Plu..."},{"question":"What of the major charging networks have you made inroads with? Electrify America? EVGo? EVConnect? Chargepoint?","answer":"Hi Zach, thank you for your question. We will announce the names after we launch in late-November due to our marketing agreement with our partners. Just a hint, you guessed some names correctly!"},{"question":"What's the price per share? I invested on another round on Netcapital and I purchased over 200 shares. On Wefunder are we purchasing shares or safenote?","answer":"Hi Nicholas, thanks for your unwavering support. We have grown a lot because of supporters like you! The current price per share is $1.60/share. Investors are also getting shares on WeFunder as it is a priced round. Please let me know if you have any additional question."}],"recent_posts":[{"id":151070,"entity_id":"wefunder:feed_item:151070","title":"Final Stretch: Less than 8 hours left until our equity raise closes. Thank you to our investors and supporters, we couldn't have made it this far without you! 🌱","preview":"We're incredibly thankful for our community of investors and supporters who are fighting for a cleaner, greener, brighter future. We are grateful to have made it this far with your help. 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