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Recently Funded|Amount: USD 7.0M|Industry: Retail Motor Vehicles

Accelerating a Greener Future: WEVEE Raises $7M to Fuel EcoMute’s Electric Car Revolution

WEVEE

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51-200 employees employees (Est.)
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WEVEE is thrilled to announce that we have successfully raised £7,000,000 in our latest funding round—an investment that will accelerate our mission to revolutionize employee electric vehicle access through our EcoMute electric car salary sacrifice scheme. With this significant injection, we are all set to expand and enhance our innovative approach, making it easier and more affordable for employees to drive electric vehicles while enabling employers to take meaningful steps toward corporate decarbonisation. Our scheme is designed to target Scope 3 GHG emissions by reducing the carbon footprint of employee travel, aligning perfectly with global climate action goals. The funding will allow us to further develop our platform, ensuring seamless integration with businesses and providing top-tier support to both employers and employees. By reducing income tax and National Insurance contributions, our program not only makes owning an electric vehicle more financially attractive but also plays a substantial part in promoting sustainable commuting practices. Our commitment extends beyond simple cost savings – we are dedicated to offering exceptional guidance through every step of the process, from selecting the ideal electric vehicle to ensuring smooth delivery and comprehensive aftercare services. This investment marks a crucial milestone as we continue to drive change and support organizations in their journey towards sustainability. We are proud to invite more businesses to join this revolution, where smart financial decisions meet proactive environmental stewardship. With this funding behind us, WEVEE is even more determined to pave the way for a cleaner, greener future, one commute at a time. Join us as we lead the charge in making electric vehicle dreams a reality while contributing to a healthier planet for generations to come.
February 26, 2025

Buying Signals & Intent

Our AI suggests WEVEE may be interested in solutions related to:

  • Electric Vehicles
  • Employee Commuting Solutions
  • Sustainable Transport
  • Tax Incentive Programs
  • Fleet Management Services

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