ElectroTempo is a technology company.
ElectroTempo has raised $6.0M across 2 funding rounds.
ElectroTempo has raised $6.0M in total across 2 funding rounds.
ElectroTempo is a seed-stage software company founded in 2020 that provides predictive analytics platforms for electric vehicle (EV) infrastructure planning, serving utilities, governments, fleets, ports, and commercial clients in the transportation and clean energy sectors.[1][2] Its core product, the Light Duty Charging Demand Forecasting Platform, is a SaaS tool that forecasts EV charging demand by location, time, and volume, using public data, satellite imagery, AI, real transportation data, and grid simulations to assess costs, benefits, risks, fleet electrification feasibility, and infrastructure needs.[1][2][5] The company has raised $6.08M total (including a $4-5M seed round at $15.5M post-money valuation), secured 13 customers like Prologis, Broward County, Port of Virginia, and Calstart, and benefits from U.S. Department of Energy grants, demonstrating strong early growth amid rising EV adoption.[1][2][3]
ElectroTempo solves the challenge of scaling EV infrastructure by enabling precise, block-level planning that optimizes charging networks, reduces payback periods by 20-40%, cuts electricity costs by 10-30%, and speeds feasibility assessments by 50-90%, positioning it as a key enabler for utilities and fleets transitioning to electrification.[2][5]
ElectroTempo was founded in 2020 in Arlington, Virginia (Ballston area), by Ann Xu and Patrick (Peter) Finch, who leverage expertise in clean energy analytics and operations.[2] The idea emerged from the need to guide public and private sectors in EV infrastructure expansion using data-driven tools, building on Finch's prior experience with federal funding like DOE grants—ElectroTempo itself received two early DOE awards for EV charging demand prediction.[2] Pivotal early traction included a $1.2M DOE-supported partnership with Calstart in April (year unspecified, pre-2026) to electrify I-95 freight transport, deals with 13 customers, and seed funding from investors like Buoyant Ventures, Schematic Ventures, and Zebox Ventures, fueling its momentum.[1][2][3]
ElectroTempo rides the explosive growth of EV adoption, fleet electrification, and utility grid modernization, fueled by federal incentives like DOE grants and infrastructure bills amid climate goals and decarbonization mandates.[2] Its timing is ideal as U.S. EV sales surge, ports/commercial fleets electrify (e.g., I-95 corridor), and utilities face forecasting demands for "x% EV switch" grid impacts—market forces like rising fuel costs, emissions regulations, and $ billions in IRA funding amplify this.[1][2] By providing actionable, AI-enhanced analytics, ElectroTempo influences the ecosystem as a bridge between transportation data and energy planning, accelerating infrastructure deployment and reducing risks for stakeholders, much like how data platforms shaped solar/wind booms.[1][2]
ElectroTempo is poised for Series A funding in 2026, building on $6M raised, grant wins, and customer traction to expand platforms for heavier-duty fleets, advanced grid integrations, and international markets.[1][2] Trends like AI-driven energy forecasting, megatrend EV mandates (e.g., California fleets by 2035), and utility digitization will propel growth, potentially evolving its role from planner to full electrification orchestrator with operating partnerships. As EV infrastructure gaps narrow, ElectroTempo's predictive edge could define scalable transitions, turning today's seed momentum into ecosystem leadership—much like its analytics now forecast demand, expect outsized impact ahead.[1][2]
ElectroTempo has raised $6.0M in total across 2 funding rounds.
ElectroTempo's investors include Better Ventures, BMW i Ventures, Buoyant Ventures, Ironspring Ventures, McRock Capital, Scale Venture Partners, Schematic Ventures.
ElectroTempo has raised $6.0M across 2 funding rounds. Most recently, it raised $5.0M Seed in August 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2023 | $5.0M Seed | Better Ventures, BMW i Ventures, Buoyant Ventures, Ironspring Ventures, McRock Capital, Scale Venture Partners, Schematic Ventures | |
| Aug 1, 2021 | $1.0M Seed | BMW i Ventures, Ironspring Ventures, McRock Capital, Scale Venture Partners, Schematic Ventures |