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§ Private Profile · London, England, United Kingdom
SaaS charge management platform and virtual power plant optimizing EV grid use for electric vehicle owners and fleets in the UK.
Electric Miles is a London, United Kingdom-based software-as-a-service charge management platform that optimizes electric vehicle grid usage and enables smart charging capabilities across the energy sector. The company operates as a virtual power plant, utilizing artificial intelligence and machine learning algorithms to help electric vehicle owners and commercial fleet operators reduce their energy costs. Through its proprietary platform, customers can actively generate and sell excess electricity back onto the open market, effectively monetizing their distributed energy resources. Operating with a workforce of 11 to 50 employees, the enterprise has secured £1.5 million in seed funding to scale its UK operations. The organization has gained industry visibility by participating in the Founder Institute Growth Track Accelerator program and featuring in events hosted by Hays Technology. Electric Miles was founded in 2020 by Arun Anand and Kevin Simmons.
Electric Miles has raised $1.1M across 1 funding round.
Electric Miles has raised $1.1M in total across 1 funding round.
Electric Miles has raised $1.1M in total across 1 funding round.
Electric Miles's investors include Blue Lake VC, Low Carbon Innovation Fund, Vipul Amin.
Electric Miles has raised $1.1M across 1 funding round. Most recently, it raised $1.1M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2022 | $1.1M Seed | Blue Lake VC, LOW Carbon Innovation Fund | Vipul Amin | Announced |