Voltaback Secures €2.8 Million to Grow EV Fleet Management Platform in Europe

French fleet management software company Voltaback has secured €2.8 million in funding as it prepares to expand its connected vehicle data platform into six European countries.

The investment comes from European investment fund Serena alongside several business angels, including Electra co-founder Aurélien de Meaux and Sequoia Scout Maxime Brousse.

Simplifying Home EV Charging Reimbursement

As companies electrify their vehicle fleets, charging company cars at employees’ homes creates a new administrative challenge. Employers need a way to distinguish electricity used for business vehicles from household consumption and calculate the appropriate reimbursement.

Voltaback has developed a software-based approach designed to manage this process without installing additional equipment. The platform brings together information from connected vehicles, electricity meters and energy bills to identify individual home charging sessions.

Using the employee’s electricity contract, the system calculates the cost associated with each charging session and generates the documentation required for reimbursement. Voltaback says its calculation methodology has been validated by Bureau Veritas and patented, while the reimbursement process is covered by an advance ruling from French social security contribution agency URSSAF.

Arnaud Tran, co-founder of Voltaback, highlighted the financial difference between home and public charging:

“If employees aren't reimbursed by their employer for charging at home, they lose out on €600 a year, which pushes them toward public charging stations. For the company, those same charges then cost up to €2,000 a year.”

Growing Adoption Among Large Fleets

Voltaback reports that its technology is now used by 20% of CAC 40 companies, following growth over the past 12 months. Customers named by the company include Veolia, Equans, BNP Paribas, Sanef, Lyreco, Loxam, Fayat, Fives and Sodexo.

Veolia is implementing the solution as part of a three-year rollout that will cover at least 6,000 electric vehicles. The company operates a fleet of more than 20,000 vehicles in France. Equans, another Voltaback customer, operates approximately 25,000 vehicles.

The expansion comes as electric vehicles account for an increasing proportion of new registrations in France. During the first half of 2026, 241,565 new electric cars were registered in the country, representing 28.2% of the passenger car market.

Moving Beyond EV Charging

While home charging reimbursement was Voltaback’s initial focus, the company has broadened the platform to cover other aspects of fleet management.

Both electric and combustion-engine vehicles can be connected to the system, allowing fleet operators to monitor mileage, calculate benefits in kind and report corporate social responsibility indicators without installing dedicated telematics hardware.

Data generated directly by vehicles can also be used to support fleet decisions, including where charging infrastructure may be needed and how eco-driving initiatives are managed.

With the new €2.8 million investment, Voltaback plans to grow its team and introduce its platform in six European markets, extending its role from EV charging reimbursement towards a broader business mobility and fleet management offering.

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