Funding news · Sep 3, 2026
Rightcharge Raises £500K Seed to Automate Fleet EV Charging Payments
Rightcharge Raises £500K Seed to Automate Fleet EV Charging Payments
Rightcharge, a London-based startup focused on fleet electric vehicle (EV) charging payments, has raised £500,000 in Seed funding. The round was led by Soulmates Ventures, with participation from Purple Ventures and Blackwood Ventures.
What Rightcharge Does
Rightcharge simplifies fleet EV charging payments by automating reimbursements and consolidating costs into a single monthly invoice. The platform connects driver energy accounts to fleet billing, applying AI validation and anomaly detection to prevent fraud and ensure accurate payments.
By removing friction from how fleets pay for and reconcile charging, Rightcharge supports faster electrification of fleets across Europe.
The Problem It Addresses
Fleet electrification introduces a payments and reconciliation challenge that traditional fuel-card and expense processes were not built to handle. Drivers charge across home, public, and depot locations, generating fragmented costs that are difficult to verify and slow to reimburse.
Rightcharge's approach centralizes this activity:
- Driver energy accounts are connected directly to fleet billing
- Reimbursements are automated rather than manually processed
- Costs are consolidated into a single monthly invoice
- AI validation and anomaly detection flag inaccurate or fraudulent claims
Why It Matters for the Market
The shift to electric fleets is a structural change across European transport, and the billing layer is a recurring operational pain point for fleet operators. A platform that both automates reimbursement and provides fraud controls addresses two needs at once: driver experience and finance-team accuracy.
Rightcharge's London base positions it within one of Europe's more active fleet electrification markets, and its stated ambition is to support faster electrification of fleets across Europe.
Funding Details
- Company: Rightcharge
- Headquarters: London
- Round: Seed
- Amount: £500,000
- Date: September 3, 2026
- Lead investor: Soulmates Ventures
- Additional investors: Purple Ventures, Blackwood Ventures
What to Watch
With fresh Seed capital, Rightcharge is positioned to expand the reach of its fleet charging payment platform. Key areas to monitor include adoption among European fleet operators, the continued development of its AI validation and anomaly detection capabilities, and how the company scales its single-invoice billing model across markets.
For a Seed-stage company, the involvement of a lead investor alongside two additional backers signals early conviction in the fleet EV payments category. As electrification mandates and fleet conversion targets tighten across Europe, tools that make charging costs predictable and auditable become increasingly central to fleet operations.