What Chargo does

Chargo is a Norwegian operator of a powerbank-as-a-service rental network founded in 2019 and headquartered in Skarnes, Norway. The company has deployed over 1,200 charging stations across Norway, each stocked with 5000-mAh fast-charging powerbanks equipped with pre-attached cables supporting USB-C, Lightning, and Micro-USB. Consumers initiate rentals in under 10 seconds via QR code, payment terminal, or the Chargo mobile app (iOS/Android), and can return the powerbank to any station in the network. Hardware variants include 6-slot, 24-slot, 48-slot, and no-screen stations, with modular 6-slot attachments available for capacity expansion.

The core technology stack consists of the station hardware (POS terminals, touch-screens, modular chassis), the Chargo mobile application, and a payments integration layer accepting Vipps, Apple Pay, Google Pay, Visa, and Mastercard. Fast-charging powerbanks deliver a usable charge in 30 minutes and a full charge in 1 hour. The company is incorporated as Chargo AS (org. 923 074 278) under parent Nordic Touch Ventures AS, with no disclosed institutional investors, M&A activity, or funding rounds in the source data.

Chargo monetizes through three revenue streams: (1) monthly subscriptions at 149 NOK (unlimited, no unlock fee) or 99 NOK (unlimited with 20 NOK unlock fee per rental), (2) pay-per-minute rentals at 20 NOK unlock plus 1 NOK/minute capped at 99 NOK/day, with a 150-300 NOK security deposit, and (3) a B2B venue partnership program in which charging stations are deployed free of charge to venues (hotels, airports, restaurants, retail, events, leisure attractions) in exchange for floor space and electricity. GTM is product-led growth (self-serve QR/app rentals) layered with a B2B venue-partnership sales motion targeting high-traffic verticals.

Name

Chargo

Legal name

Chargo AS

Website

https://chargo.io

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Chargo operates a Norway-wide network of 1,200+ charging stations for renting 5000-mAh fast-charging powerbanks with pre-attached cables, serving on-the-go consumers across hospitality, transport, retail, and leisure venues via subscription and pay-per-minute pricing.

Ownership category

akta.pro rank

Headquarters

HQ city

Skarnes

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Powerbank rental subscriptions: Monthly subscription plans offering unlimited powerbank rentals with no unlock fees (149 NOK/month) or with 20 NOK unlock fee per rental (99 NOK/month). Subscriptions auto-renew monthly until cancelled by user.
2. Pay-per-minute rental: On-demand powerbank rental at 20 NOK unlock fee plus 1 NOK per minute of usage, with a 99 NOK daily maximum cap. Security deposit of 150-300 NOK is reserved on payment card during rental.
3. Venue partnership program: Free charging station deployment for venue partners, with Chargo providing all equipment, maintenance, and support. Venues receive personalized in-app pop-up notifications and user data for future marketing contact.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Chargo operates a network-based portable powerbank rental service across Norway, allowing consumers to rent 5000-mAh fast-charging powerbanks with pre-attached USB-C, Lightning, and Micro-USB cables from more than 1,200 charging stations via QR code, payment terminal, or mobile app, and return them to any station in the network. For venues, Chargo provides charging stations and supporting hardware at no cost in exchange for placement space, with optional branding services.

Product overview

Chargo is a Norwegian powerbank rental service operating a network of charging stations across Norway. The core offering consists of renting portable fast-charging powerbanks (5000-mAh capacity) from four station models (6 Slot, 24 Slot, 48 Slot, and No-Screen stations) via QR code scanning, payment terminal, or mobile app, with returns accepted at any station in the network. The product portfolio includes station hardware, the powerbanks themselves with pre-attached cables (USB-C, Lightning, Micro-USB), and two pricing models: subscription plans (149 NOK/month unlimited or 99 NOK/month with unlock fees) and pay-per-minute (20 NOK unlock + 1 NOK/min, max 99 NOK/day). Business partnerships offer free charging minutes, hardware branding, and powerbank branding as增值 services.

Differentiator

Problem solved

Functional benefit

Products and services

• Powerbank Rental Service
• Fast-Charging Powerbank
• 6 Slot Station
• 24 Slot Station
• 48 Slot Station
• No-Screen Station

Quantifiable outcome

• Most phones can be fully charged within 75 minutes
• +2 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature6 records

Partnerships

20 partnerships are on record, tiered major, core, moderate and minor.

• IKEAmajorGTM or Marketing PartnerMajor retail partnership with IKEA Norway. Charging stations placed in IKEA stores allowing shoppers to rent powerbanks while shopping and return before leaving.
• AvinorcoreGTM or Marketing PartnerPartnership with Norwegian airport operator Avinor covering multiple airports including Gardermoen (Oslo), Sola (Stavanger), Flesland (Bergen), and Værnes (Trondheim). Provides charging for travelers at transport hubs.
• Thon HotelsmajorGTM or Marketing PartnerPartnership with Thon Hotels chain covering hotel properties where guests can rent powerbanks during their stay.
• Bane NorcoreGTM or Marketing PartnerPartnership with Norwegian railway infrastructure company covering major train stations including Oslo S, Nationaltheatret, Lillestrøm, and Lysaker.
• StrawberrymajorGTM or Marketing PartnerPartnership with Strawberry hospitality group providing charging solutions across their portfolio of hotels and restaurants.
• Burger KingmajorGTM or Marketing PartnerFast food restaurant chain partnership with Burger King locations in Norway offering charging stations for diners.
• 7-ElevenmajorGTM or Marketing PartnerConvenience store chain partnership covering 7-Eleven locations in Norway.
• TGI FridaysmoderateGTM or Marketing PartnerRestaurant chain partnership with TGI Fridays locations offering charging stations for restaurant guests.
• O'LearysmoderateGTM or Marketing PartnerSports bar and restaurant chain partnership with O'Learys locations offering charging solutions.
• NarvesenmoderateGTM or Marketing PartnerConvenience store chain partnership with Narvesen covering their retail locations.
• Fitness24SevenminorGTM or Marketing PartnerFitness gym chain partnership with Fitness24Seven locations offering charging stations for gym members.
• Radisson BlumajorGTM or Marketing PartnerHotel partnership with Radisson Blu properties in Norway providing charging solutions for hotel guests.
• Mathallen OslominorGTM or Marketing PartnerFood hall partnership with Mathallen Oslo offering charging stations for visitors.
• Deli de LucamoderateGTM or Marketing PartnerUpscale convenience store chain partnership with Deli de Luca locations.
• DyreparkenmoderateGTM or Marketing PartnerNorwegian zoo and amusement park partnership with Dyreparken providing charging stations for visitors.
• Paradox MuseumminorGTM or Marketing PartnerInteractive museum partnership with Paradox Museum offering charging solutions for visitors.
• Palmesus FestivalenmoderateGTM or Marketing PartnerMajor music festival partnership with Palmesus Festivalen providing temporary charging stations during the event.
• SlottsfjellminorGTM or Marketing PartnerMusic festival partnership with Slottsfjell providing charging solutions for festival attendees.
• Trondheim RocksminorGTM or Marketing PartnerRock music festival partnership with Trondheim Rocks offering charging stations.
• TusenfrydminorGTM or Marketing PartnerAmusement park partnership with Tusenfryd providing charging stations for visitors.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ChargeSPOT: Largest global powerbank rental network, founded in Taiwan and operating across Asia. Identical business model to Chargo: pay-per-minute rentals of pre-cabled powerbanks from charging stations placed in B2B venues, with comparable pricing and B2B partnership-driven deployment.
• UZE: European mobile-charging rental startup placing powerbank stations in venues across multiple European countries. Comparable business model, B2B venue-partner approach, and pre-attached-cable powerbank design.
• StayCharge: US-based powerbank rental network placing stations in hotels, restaurants, and entertainment venues. Closely comparable product-led growth model, B2B venue distribution strategy, and self-serve rental flow.
• ChargeFUUL: Israeli-based powerbank rental network with European operations. Directly comparable in business model (per-minute rentals from venue-placed stations), geography (European B2B rollout), and unit economics.

Broad incumbents

• Anker Innovations: Largest global consumer electronics accessories company with a dominant fast-charging powerbank product line. Comparable through product overlap (fast-charging portable batteries, multi-protocol charging) but operates as a hardware manufacturer and retailer rather than a rental network.
• Xiaomi: Major global consumer electronics manufacturer with a top-selling powerbank product line. Product-adjacent rather than a direct rental competitor, but Xiaomi's scale and ecosystem create the potential for an entry into rental services that could pressure Norwegian pricing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gochargo
• Instagraminstagram.com/chargox
• TikToktiktok.com/@chargox?lang=en
• Facebookfacebook.com/Chargoapp

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chargo