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Blulinc 1A

Equity
€17,500
total amount raised in round
  • Eligible for a tax reduction

DISCLAIMER

Every investment decision must be based on an examination of an exhaustive set of information provided by the entrepreneur on their online profile. Spreds only proceeds to a limited verification of this information and does not control the investment opportunity within this company. Spreds did not verify the extent to which the business plan is deemed realistic and does not intervene in determining the final terms of the investment, including the retained maximum valuation. Spreds will align itself with the financial terms negotiated with the co-investor(s).

Imagine this: you’ve just decided to switch to an electric vehicle. You’re excited about the green future and the idea of cleaner driving, but as soon as you have the key in hand, you realize that the path to electric charging is full of bumps. How do you start charging? Where do you install charging stations at home or at your business? How do you navigate different pricing structures, and which app should you use? Do you need multiple charging cards, or can you manage everything with one card?

This process, which should be an exciting adventure for many, often turns into a maze of information and choices. One faces a range of questions and challenges: from arranging installation to managing chargers and costs. This can be overwhelming, especially if one is unsure where to start.

This is where Blulinc comes in. The company offers an all-in-one solution that eliminates the complexity of electric charging. With its versatile app, dual-use charging card, and multiple account options, Blulinc makes the transition to electric driving simple and stress-free. With Blulinc, you get not just a charging point, but a complete experience that begins with installation and continues through daily charging.

Vision and Mission


Vision: Blulinc aims for a world where electric mobility is simple and accessible to everyone. The company wants to revolutionize the charging infrastructure by providing solutions that are reliable and user-friendly, regardless of the customer's location.

Mission: Blulinc's mission is to deliver a seamless charging experience through advanced technologies and excellent customer service. The goal is to accelerate the transition to electric driving by providing an all-in-one solution that works both at home, at the office, and on the go.



Core Values


  • Customer Focus: Blulinc strives for a hassle-free experience for all customers.
  • Reliability: 24/7 support and proactive monitoring of solutions are guaranteed.
  • Innovation: Continuous investment in research and development to stay ahead.
  • Quality: Blulinc adheres to high-quality standards and offers comprehensive warranty and maintenance programs.
  • Flexibility: The company provides customizable solutions and flexible payment options for various needs.

Products and Services


  • Flexible Rental Model for Charging Points: Customers can rent charging points for home or office with flexible contracts and no long-term commitments.
  • Versatile Charging Card: Blulinc’s charging card offers extensive cost management options, including prepayment, pay-as-you-go options, and budget management.
  • Webapp and Management Platform: The user-friendly app and webapp make it easy to start and stop charging sessions without downloads. A new management platform for professional users will be launched later this year.
  • Rapid Mobile Emergency Charger: Blulinc will soon launch a mobile emergency charger that can quickly and efficiently respond to emergencies, providing assistance to EV drivers in any situation.

Strategic Partnerships


  • Financial Partners: BNP Paribas Fortis supports Blulinc’s growth plans and provides a solid financial foundation.
  • Hardware Partners: Autel, Easee, and Etrel supply the latest charging technologies for a reliable and efficient charging experience.
  • Installation and Sales Partners: Jumptech and Salesdock optimize Blulinc’s installation processes and sales efficiency.
  • Network Connections: Collaborations with Gireve and Hubject provide access to over 600,000 charging points in Europe, with future expansions via E-clearing and Ladenetz for even broader coverage.

Compatibility and Quality


Blulinc’s platform supports more than 100 charging units from various brands, ensuring the best quality and service for customers.





Future Ambitions


Blulinc aims to offer a network of 5,000 rental charging points by 2026. To achieve this ambitious goal, the following concrete steps will be taken:

  • Expansion of Rental Points:
    • Strategic Partnerships: New collaborations will be established with property managers, companies, and municipalities to install charging points at strategic locations such as shopping centers, office parks, and residential complexes. This will help create a broad network of charging stations to meet customer demand.
    • Phased Rollout: A phased rollout plan will be followed, starting with areas where demand for charging points is highest. This plan will include both urban and rural areas to ensure balanced coverage.
  • Enhanced Technology Integration:
    • Platform Development: The development of the webapp and management platform will be accelerated to provide real-time updates, predictive maintenance alerts, and an intuitive user interface. This will improve customer satisfaction and network efficiency.
    • Innovation: Continued investment in groundbreaking technologies, such as the development of a mobile robot that can charge multiple vehicles simultaneously at events. This will distinguish Blulinc from competitors and provide unique value to customers.
  • Market Penetration and Branding:
    • Marketing Campaigns: Targeted marketing campaigns will be launched to increase brand awareness and highlight the benefits of Blulinc’s flexible rental models. This will include both online and offline campaigns, as well as collaborations with influential partners.
    • Customer Engagement: A robust customer feedback system will be implemented to gather insights and continuously improve services. Customer satisfaction will be central to the market growth strategy.
  • Operational Excellence:
    • Team Expansion: Top talent will be recruited and trained for the sales, customer service, and technical support teams to support company growth and maintain high-quality standards.
    • Quality Assurance: Strict quality control measures and regular maintenance schedules will be established to ensure the reliability of all charging points and maintain consistent customer satisfaction.

With these strategic steps, Blulinc aims to realize its network of 5,000 rental charging points. This will contribute to expanding the electric vehicle infrastructure and accelerating the transition to sustainable mobility.



Why Invest?


Investing in Blulinc offers the chance to play a key role in the future of electric charging. With the investment, the company can further develop its products, expand the sales and support team, and achieve ambitious growth goals. Joining Blulinc means contributing to the acceleration of the transition to electric mobility and making a lasting impact on the charging infrastructure.

Be part of the future of electric driving with Blulinc.

TAX SHELTER 30%

Investments in this company benefit from a 30% personal income tax reduction. Read more…
A remaining amount of €482,500 is available for the Tax Shelter benefit.

Fact sheet

Advised by a professional start-up advisor
Valuation is set by the co-investor or incubator
Co-investor or incubator will be members or observers to the board
At the closing, an incubator, accelerator, or studio will have shares
At the closing, the entrepreneurs have contributed a minimum of €15,000 in cash in exchange for shares
Raised €10,000 during a private phase
At the closing, a professional co-investor will have invested at least €25,000
Prior fundraising in equity or convertible loan with 10 or more investors
Seasoned entrepreneurs
Minimum 2 active entrepreneurs
Valuation set by an organisation specialized in valuations of comparable size
Valuation is less than €1 million or 10x last year’s turnover

Raise summary

Crowd investments €17,500
Committed by others €0
Amount raised €17,500
Minimum round €25,000
Maximum round €1,000,000
Shares in the company (total round) 16.129%
Pre-money valuation €5,200,000
Post-money valuation min. €5,225,000
Post-money valuation max. €6,200,000