About Plug
Plug is an online marketplace built exclusively for buying and selling used electric vehicles, connecting consumers, dealers, fleets, automakers, and lenders. Its EV-native platform provides proprietary battery health intelligence, VIN-level data, and real-time pricing signals to facilitate wholesale and retail transactions with confidence. Founded in 2023 by a former Tesla executive, Plug has facilitated over $120M in used EV sales.
Company details
Funding
Total raised
$26.7M
Last stage
Series A
Investors
Founders
Jimmy Douglas
Former Tesla executive who led used car remarketing in North America. Founded Plug in 2023 to build an EV-exclusive wholesale marketplace.
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