Electric vehicle charging software EV Connect raises $12 million –
Summary
EV Connect, the Los Angeles-based company that sells software to manage electric vehicle charging, has raised $12 million in a Series B round led by investors Mitsui & Co. and Ecosystem Integrity Fund. In other words, EV Connect aims to provide a variety of hardware vendors a way to monitor, manage and maintain charging stations. The end goal is to push the industry away from a closed and fragmented system to a more open one, according to EV Connect CEO and founder Jordan Ramer. The company provides and manages 1,000 electric vehicle charging sites through its EV Connect network. EV Connect has a smartphone app to give drivers of electric vehicles real-time access to charging station status.
Funding
Amount
$12.0M
Total raised
Date
October 22, 2019
Announcement date
Investors
Ozie Group LLC, Ecosystem Integrity Fund
Lead investors
Company
http://www.evconnect.com
Funded company
Classifications
industries
Hospitality
applications
No applications detected
AskAI Classifications
Labels
Electric Vehicle Software
Charging Network Management
SaaS Platform
Linked Companies
EV Connect
$10M to $25M