The growth investment by Eurowag enables Last Mile Solutions to further realise its goal of supporting companies in their transition to sustainable, eco-friendly energy.
Rotterdam,18-02-2021 – Over the past ten years, Last Mile Solutions has built up a strong leading position as a pioneer and expert in the field of e-mobility software solutions in Europe. The Rotterdam-based company was looking for additional capital to accelerate its growth in Europe and found it in a partnership with Eurowag.
Last Mile Solutions started developing SaaS software for the IT, telecom, e-mobility and energy sectors back in 1997. In 2007, it started focusing on electric mobility and smart energy management, years before the first electric cars in Europe hit the road. In recent years, LMS has further developed its e-mobility management platform and is now the largest independent e-mobility platform provider in Europe, with more than 37.000 charging stations and over 200.000 charging cards with users in over 22 countries. With their advanced e-Mobility and Energy Management platform, LMS supports its blue chip B2B customers in their energy transition.
Eurowag a leading provider of commercial transport solutions and active in the payment industry, among others, and supplies in-car systems for navigation and point of interest data (POI), that enables car-users to find fuel and charging stations. The technical and commercial synergy between Eurowag and LMS will contribute to the development of several value-adding functionalities that will significantly enhance the customer journey of EV-drivers. Moreover, Eurowag will provide LMS access to its extensive European network of car OEM’s, for which it supplies in-car systems. With this partnership both parties aim to strengthen each other and further solidify their market-leading positions in Europe.
Eric van Voorden, founder and CEO of Last Mile Solutions: “Through this investment, we have set the foundation for a profound partnership that is unique in the EV charging sector. Besides the technical and commercial synergies between Eurowag and Last Mile Solutions, there is a solid personal and entrepreneurial chemistry between both organisations. This growth investment will accelerate our pan-European expansion and enhance our development of new functionalities to optimise the customer journey of EV drivers, while maintaining our unique independence towards our blue chip B2B customers.”
Giles Shrimpton, Managing Director of Automotive at Eurowag, adds: “As a leader in the mobility industry we believe in our natural duty to lead sustainability efforts and dedicate resources to various projects and initiatives tailored to clean mobility. This deal will strongly support Eurowag’s green objectives and automotive focus.”