Ev.energy is a technology company.
Ev.energy has raised $46.0M across 3 funding rounds.
Ev.energy has raised $46.0M in total across 3 funding rounds.
Ev.energy has raised $46.0M in total across 3 funding rounds.
Ev.energy's investors include ArcTern Ventures, Energy Impact Partners, Future Energy Ventures, Heartcore Capital, National Grid Partners, World Fund, Bling Capital, Core Innnovation Capital, Foundamental, Giant Ventures, KAAN Ventures, Khosla Ventures.
ev.energy is a technology company building a smart, cloud-based SaaS platform that optimizes electric vehicle (EV) charging for energy companies, utilities, and EV owners. It serves utilities, energy retailers, and commercial operators by solving grid challenges like load shifting, peak shaving, and integrating EVs into virtual power plants (VPPs), delivering greener, cheaper charging while ensuring ROI through managed programs.[1][2][3][4] The platform leverages 7 years of data from hundreds of thousands of EVs to provide analytics, tailored programs, and integrations with 33+ vehicle brands and 9 charger brands, managing over 55 programs worldwide and enabling up to $575 in annual utility cost savings.[2][3] Growth momentum includes leading Wood Mackenzie's 2025 North America VPP report for two years running, partnerships with Con Edison (America's largest managed charging program at 27,500+ enrollments), Duke Energy, and recent integration of Rolling Energy Resources to expand US operations.[3][5]
ev.energy emerged from the recognition that most EV charging—90% in the UK, 85% in Germany, and 80% in the USA—happens at home, creating opportunities to optimize it for grid stability rather than investing in public infrastructure.[1][4] The company developed its platform to address EV owner pain points like high costs and complexity, while helping energy providers manage rising EV adoption without grid strain.[1][2] Key milestones include building a vast global dataset over 7 years, launching managed charging programs trusted by 55+ utilities, and the recent merger with Rolling Energy Resources, combining ev.energy's driver-centric tech with RER's program design expertise for enhanced North American presence and partnerships like National Grid and MCE.[2][5] This evolution positions ev.energy as a global leader in EV-centric VPPs.[3]
ev.energy rides the explosive growth of EV adoption amid grid modernization pressures, where unmanaged charging risks overloads but EVs offer flexible VPP resources for stability and decarbonization.[3][6] Timing is ideal as utilities face regulatory pushes for flexibility, with ev.energy's platform enabling EVs as grid assets—shifting loads, shaving peaks, and cutting emissions via carbon-optimized charging.[1][2][4][7] Market forces like rising solar integration and V2X advancements favor its bidirectional capabilities and open integrations, influencing the ecosystem by partnering with 55+ utilities/OEMs to scale equitable programs, lower bills, and support climate-vulnerable communities.[1][3][5][6] Recognized as the North America leader by Wood Mackenzie, it sets standards for treating EVs as essential grid tools rather than burdens.[3]
ev.energy is poised to dominate managed EV charging as VPPs and V2X proliferate, with expansions in bidirectional charging, global datasets, and post-merger US strength driving further utility wins and carbon impact (per its 2024 report).[5][6][7] Trends like AI-optimized grids, regulatory incentives for flexibility, and OEM collaborations will accelerate its growth, evolving its influence from program operator to ecosystem orchestrator for sustainable electrification. This builds on its mission: transforming EVs into grid allies for a cleaner future, starting from home driveways.[1][3]
Ev.energy has raised $46.0M across 3 funding rounds. Most recently, it raised $33.0M Series B in July 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2023 | $33.0M Series B | ArcTern Ventures, Energy Impact Partners, Future Energy Ventures, Heartcore Capital, National Grid Partners, World Fund | |
| Feb 1, 2022 | $4.0M Series A | ArcTern Ventures, Bling Capital, Core Innnovation Capital, Energy Impact Partners, Foundamental, Future Energy Ventures, Giant Ventures, Heartcore Capital, KAAN Ventures, Khosla Ventures, National Grid Partners, Sand Hill Angels, SQN Venture Partners, World Fund, Y Combinator, Zeno Ventures, John M. Mueller, Michael Ma, Shane Neman | |
| Jun 1, 2021 | $9.0M Series A | Energy Impact Partners, Future Energy Ventures, Heartcore Capital, World Fund |