Bluedot
1355 Market St Ste 488, San Francisco, CA, 94103, United States
Overview
Bluedot is a local Turkish startup that operates a payment platform and charge-management app for electric-vehicle consumers and corporate fleets. It was founded by Ferhat Babacan and Selinay Parlak. The app provides access to more than 120,000 charging stations in the U.S., offers cashback on automotive spending, and delivers local rewards at nearby shops and restaurants. Bluedot plans to add route optimization and home‑charging reimbursement features to its mobile app and control panel. Financially, the company launched its platform following a pre-seed earlier in 2023 and a $5 million round in June 2023, and has now received an additional investment from Revo Capital with terms undisclosed. The company aims to increase usage of EV charging networks and become a key player in the evolving EV ecosystem. Bluedot provides a charging payment and management platform for electric vehicle drivers and fleets, offering a mobile app and a card for drivers plus charging management solutions for fleets. The company works closely with fleet management companies, OEMs, and rental companies. Co‑founded by Selinay Parlak and Ferhat Babacan, Bluedot is based in San Francisco, CA. The product stack includes an app, a card and a dashboard; the Visa debit card is issued by Piermont Bank under a Visa license. Bluedot plans to expand its portfolio to include new fleet verticals and is pursuing strategic partnerships to improve EV access and simplify experiences for individual drivers and fleets. The company intends to use the newly raised funds to add advanced features such as route optimization and home charging reimbursement to its mobile application and dashboard. Bluedot issues a debit card and mobile app for EV owners and fleet managers to consolidate auto-related payments, with a focus on EV charging. The company offers a flat $0.30 per kilowatt-hour rate at participating charging stations and 20% cash back on charges at nonparticipating networks, plus 5% cash back on automotive expenses and 2% on other purchases. Users can find stations and initiate charging through the Bluedot app at roughly 60% of U.S. charging stations; the startup declined to name its charging partners. Bluedot currently serves individual drivers acquired via auto dealer and rideshare partnerships and plans to target fleets next to help manage expenses and billing. The company manually aggregates customer charging and emissions data today and intends to automate those analytics to make the service smarter and more scalable. During Y Combinator’s winter 2023 cohort, Bluedot plans to focus on growth, product development, partnership deals, and pilot tests of a Bluedot Fleet Card.
- Total raised
- $7M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Jun 2023
Industries
- Automotive
- Charging Infrastructure
- Energy Management
- Sharing Economy
- Software
- Transportation
Recent funding
Equity
Jun 2023
$5M
Seed
Jan 2023
$2M