EV Connect
EV Connect is a technology company.
Financial History
EV Connect has raised $21.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has EV Connect raised?
EV Connect has raised $21.0M in total across 3 funding rounds.
EV Connect is a technology company.
EV Connect has raised $21.0M across 3 funding rounds.
EV Connect has raised $21.0M in total across 3 funding rounds.
EV Connect has raised $21.0M in total across 3 funding rounds.
EV Connect's investors include Ecosystem Integrity, Bonfire Ventures, Core Ventures, Magnify Ventures, Motus Ventures, Outlander Labs, Eric Hahn.
EV Connect is a leading provider of comprehensive EV charging software, hardware, and support services that enable businesses to build, manage, and scale EV charging networks.[1][2][5] The company serves charge point operators (CPOs), Fortune 500 companies, fleet providers, electric utilities, and organizations, solving challenges in charging infrastructure management, billing integration, security compliance (e.g., FedRAMP and NIST), and driver experience through tools for access control, pricing, real-time monitoring, and revenue optimization.[1][2][4] With 15 years of experience, EV Connect supports over 3,500 businesses, 1.4 million EV drivers, and has delivered 4 billion eMiles, demonstrating strong growth momentum amid rising EV adoption.[2]
Founded in 2009, EV Connect emerged as a pioneer in EV charging management software, initially focusing on connecting charging stations to billing platforms and optimizing operations for utilities, businesses, and drivers.[2][3] The company gained early traction by serving a diverse customer base, including large enterprises and startups, while building a proven platform that emphasized reliability, 24/7 support, and seamless integration.[2][3] A pivotal moment came with its acquisition by Schneider Electric, leveraging the parent's 180+ years of industrial expertise to expand its suite of hardware and services globally.[5]
EV Connect rides the global surge in EV adoption, driven by electrification trends, government incentives, and infrastructure mandates that demand scalable, compliant charging networks.[1][2] Its timing aligns with explosive growth in EV fleets and public charging needs, where market forces like federal funding (tied to FedRAMP) and sustainability goals favor secure, software-led solutions over hardware-only providers.[1] By enabling seamless connectivity between stations, drivers, and operators, EV Connect influences the ecosystem through standards advocacy, utility integrations, and partnerships that accelerate network expansion for Fortune 500s and startups alike.[2][5][7]
EV Connect is poised for accelerated growth as EV infrastructure investments hit trillions globally, with its Schneider backing enabling deeper hardware-software convergence and international expansion.[5][7] Trends like fleet electrification, smart grid integration, and AI-driven optimization will shape its path, potentially unlocking federal contracts and new markets via compliance milestones.[1] Its influence may evolve from operator enabler to ecosystem orchestrator, powering a sustainable mobility shift—building on its pioneering legacy to connect millions more drivers and chargers.
EV Connect has raised $21.0M across 3 funding rounds. Most recently, it raised $12.0M Series B in October 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2019 | $12.0M Series B | Ecosystem Integrity | |
| Jul 1, 2018 | $8.0M Series A | Ecosystem Integrity | |
| Jul 1, 2014 | $1.0M Series A | Bonfire Ventures, Core Ventures, Magnify Ventures, Motus Ventures, Outlander Labs, Eric Hahn |