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Envoy Technologies, Inc. (EVOY)


Company Overview

Proposed Symbol EVOY
Company Name Envoy Technologies, Inc.
Exchange
Share Price $
Employees 46 (as of 02/11/2025)
Status
Shares Offered
Offer amount $11,500,000
Shares Over Alloted
Company Address 8575 WASHINGTON BLVD. CULVER CITY CA 90232
Company Phone (888) 610-0506
Company Website www.envoytechnologies.com
CEO Aric Ohana
State of Inc
Fiscal Year End 12-31
Total Offering Expense $750,000.00
Shareholder Shares Offered
Shares Outstanding 23,883,333
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0001804468
DealId 1133936-112939

Company Description

Our Mission At Envoy, we redefine mobility by offering innovative alternatives to car ownership. By leveraging private and public electric car-sharing programs and our proprietary technology, we empower communities to embrace a smarter, more convenient and economically sustainable future—where access to personal vehicles is shared, seamless and designed for tomorrow. We are building sustainable communities of all types, from affordable to luxury, by providing convenient electric mobility solutions. By reducing reliance on private car ownership, we help decrease the cost of living, free up valuable urban space, and shrink carbon footprints—creating smarter, more connected, and more livable cities. The average privately owned car remains idle for approximately 95% of the time, according to an August 2018 Senseable City Lab publication, making it one of the least efficient assets for consumers, while the rising costs of car ownership and transportation have become major financial burdens. Our mission is to transform these inefficiencies into innovative, greener and more cost-effective mobility solutions. As on-demand and shared services become the norm, electric car-sharing (“EV-sharing”) naturally emerges as the next evolution in urban mobility. For over a century, cities have been designed around private car ownership, prioritizing gas-powered vehicles at the expense of space and sustainability. The future of mobility—electric, shared and autonomous—will redefine urban planning, reduce parking dependency and optimize urban design. Our innovative EV-sharing platform enables property owners and communities to offer a practical, sustainable alternative to car ownership. The impact is clear—over the past year, 65% of our users experienced driving an EV for the first time through our service. Additionally, a 2023 survey conducted by Full Spectrum Insights, a market research firm engaged by us, found that more than 50% of urban respondents would be likely or very likely to consider reducing their number of personal vehicles and using a car-sharing service. We empower two-car households to downsize to one and single-car households to embrace a car-free lifestyle. We envision a future where shared electric mobility enhances lives, reduces urban congestion and fosters more sustainable, people-centric cities. With every shared ride, we move closer to a smarter, cleaner, and more efficient way of living. --- We were incorporated on July 11, 2016 as a Delaware corporation. On April 18, 2023, Blink Charging acquired, through an acquisition subsidiary, all our outstanding shares of capital stock from the former Envoy Technologies stockholders. We have been since then, and through the closing of this offering will be, an indirect wholly owned subsidiary of Blink Charging. Our principal executive office is located at 8575 Washington Blvd., Culver City, California 90232, and our telephone number is (888) 610-0506. Our website address is www.envoytechnologies.com.