FundedIQ
Commerce and Shopping

ChargeItSpot: Funding, Investors & Team (Aug 2026)

Founded in 2012, ChargeItSpot® products have revolutionized the world of mobile device management, charging, and security. Our intelligent, locker-based kiosk solutions are thoughtfully designed to empower businesses and ground teams alike. The company began when our founder, Douglas Baldasare, recognized the need for secure, self-service phone charging in public spaces. As part of The Wharton School’s venture incubator, he created the first prototype of the ChargeIt kiosk. 10 years later, ChargeIt kiosks had become prominent in nearly every retail center in North America, having helped consumers over 16 million times with free and secure charging for their dying phones, while driving shopper traffic and marketing leads for clients. Along the way, we identified a critical issue facing almost all of our clients: frustration around managing the handheld devices that employees use to be productive. They were experiencing surprisingly high device theft and loss, wasted time managing manual processes, and lost productivity when devices stopped working, went missing, or batteries died. Recognizing the enormous cost and ubiquity of this problem, ChargeItSpot applied the patented technology from its consumer-facing solution to a brand-new enterprise solution for the back of house. In 2021, ChargeItSpot launched ARC®, a centralized device management system designed to secure, charge, and monitor employee devices across various industries. ARC minimizes device theft and loss, actively contributing to increased productivity, reduced wasted payroll time for managers and employees, and a decrease in the number of faulty devices in circulation. Serving some of the largest and most recognized companies in the world, the ChargeItSpot team continues to innovate and empower people to focus on what matters most. The company is headquartered in Philadelphia, Pennsylvania.

chargeitspot.com LinkedIn Philadelphia, United States 11-50 employees Founded 2011
Consumer Electronics Mobile Retail Retail Technology
Total raised
$76.9M
Rounds
2
Latest
Series B
Aug 2026

ChargeItSpot has raised $76.9M across 2 funding rounds on record, the most recent a Series B of $57.1M announced in Aug 2026.

That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

ChargeItSpot Company Profile and Key Stats

Total funding raised
$76.9M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$57.1M in Aug 2026
Employees
11-50
reported band
Founded
2011
Headquarters
Philadelphia, United States
Investors on record
9
5 named below

Latest funding round on record: Aug 2026.

ChargeItSpot Funding Rounds

Date
Round
Amount
Series B
$57.1M
Undisclosed round
$19.8M

ChargeItSpot raised $19.8M in an undisclosed round announced in Oct 2024.

1.8 years later, a Series B of $57.1M was announced in Aug 2026.

ChargeItSpot Investors

SeedInvest FusionX Ventures TIA Ventures SoundBoard Venture Fund Robin Hood Ventures

9 investors are recorded in total; the 5 named above are those the record identifies.

ChargeItSpot Founders and Leadership Team

Name
Role
Contact
Danielle Batze
Chief of Staff to the CEO
Locked
Douglas Baldasare
Founder
Locked

Contact details for the ChargeItSpot team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.

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ChargeItSpot Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round
29,722
$7.5M
4,289
$30M

ChargeItSpot's latest round of $57.1M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

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ChargeItSpot Funding FAQs

What does ChargeItSpot do?

Founded in 2012, ChargeItSpot® products have revolutionized the world of mobile device management, charging, and security. Our intelligent, locker-based kiosk solutions are thoughtfully designed to empower businesses and ground teams alike. The company began when our founder, Douglas Baldasare, recognized the need for secure, self-service phone charging in public spaces. As part of The Wharton School’s venture incubator, he created the first prototype of the ChargeIt kiosk. 10 years later, ChargeIt kiosks had become prominent in nearly every retail center in North America, having helped consumers over 16 million times with free and secure charging for their dying phones, while driving shopper traffic and marketing leads for clients. Along the way, we identified a critical issue facing almost all of our clients: frustration around managing the handheld devices that employees use to be productive. They were experiencing surprisingly high device theft and loss, wasted time managing manual processes, and lost productivity when devices stopped working, went missing, or batteries died. Recognizing the enormous cost and ubiquity of this problem, ChargeItSpot applied the patented technology from its consumer-facing solution to a brand-new enterprise solution for the back of house. In 2021, ChargeItSpot launched ARC®, a centralized device management system designed to secure, charge, and monitor employee devices across various industries. ARC minimizes device theft and loss, actively contributing to increased productivity, reduced wasted payroll time for managers and employees, and a decrease in the number of faulty devices in circulation. Serving some of the largest and most recognized companies in the world, the ChargeItSpot team continues to innovate and empower people to focus on what matters most. The company is headquartered in Philadelphia, Pennsylvania.

How much funding has ChargeItSpot raised?

ChargeItSpot has raised $76.9M across 2 rounds on record. The most recent is a Series B of $57.1M announced in Aug 2026.

When did ChargeItSpot last raise funding?

ChargeItSpot's most recent funding round on record is a Series B of $57.1M, announced in Aug 2026.

Who has invested in ChargeItSpot?

Investors on record for ChargeItSpot include SeedInvest, FusionX Ventures, TIA Ventures, SoundBoard Venture Fund, Robin Hood Ventures. FundedIQ records 9 investors in total.

Who founded ChargeItSpot?

FundedIQ lists Douglas Baldasare (Founder) at ChargeItSpot.

Who is the CEO of ChargeItSpot?

Danielle Batze is listed as Chief of Staff to the CEO at ChargeItSpot.

Where is ChargeItSpot headquartered?

ChargeItSpot is based in Philadelphia, Pennsylvania, United States.

How many employees does ChargeItSpot have?

ChargeItSpot is in the 11-50 employee band.

When was ChargeItSpot founded?

ChargeItSpot was founded in 2011.

How does ChargeItSpot's funding compare to other Commerce and Shopping startups?

ChargeItSpot's latest round of $57.1M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's ChargeItSpot Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ChargeItSpot is left off this page rather than filled in.

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