Flipturn is a technology company.
Flipturn is a comprehensive EV charging solution that provides modern charging software tailored for various sectors including fleets, multi-family properties, and hospitality.
Flipturn has raised $11.0M across 1 funding round.
Flipturn has raised $11.0M in total across 1 funding round.
Flipturn has raised $11.0M in total across 1 funding round.
Flipturn's investors include Rexhep Dollaku, CRV, Data Tech Fund, Founders Fund, General Catalyst, Index Ventures, Infinite Niches, Khosla Ventures, LAUNCH, Renegade Partners, Team Ignite Ventures, XFactor Ventures.
Flipturn is a technology company that builds an EV fleet charging management platform, enabling fleets to optimize charging operations, minimize utility costs, and improve charger uptime.[1][2][3] It serves electric fleets, EV charging providers, and businesses transitioning to electrification, solving problems like inefficient energy usage, diagnostics, and monitoring through dynamic power management, dashboards, and cloud-based solutions.[1][2][4] Backed by top VC firms and led by alumni from Samsara, Stripe, and MIT, Flipturn is well-capitalized, headquartered in New York, and demonstrates strong growth momentum with 99.99% reliable performance proven at scale across sites with hundreds of chargers.[2][3][4]
Founded in 2022 and based in Brooklyn, New York, Flipturn emerged to address the growing needs of EV fleet management in the electrification boom.[1][3] Led by alumni from MIT, Samsara, and Stripe, the team brought expertise in software, logistics, and payments to create a platform that streamlines charging for Fortune 500 fleets and beyond.[2][4] Early traction came from its focus on real-world pain points like utility cost minimization and rapid issue resolution, positioning it quickly as a trusted solution in a rapidly expanding market.[2]
Flipturn rides the global EV adoption wave, where fleet electrification is accelerating due to regulatory mandates, cost savings from EVs, and infrastructure investments.[1][3] Its timing aligns perfectly with surging demand for smart charging amid supply chain improvements and falling battery costs, enabling fleets to maximize EV value without grid overloads.[2][4] By providing software that integrates with hardware like chargers and supports bidirectional energy flow, Flipturn influences the ecosystem, competing with players like Standard Fleet and IoTecha while empowering commercial operators, logistics, and property owners to scale sustainably.[1]
Flipturn is poised for explosive growth as EV fleets proliferate, with its reliable, cost-optimizing platform cementing leadership in charging management.[2][4] Trends like AI-enhanced diagnostics, grid integration, and carbon optimization will shape its path, potentially expanding into new verticals like smart cities.[1][4] Its influence could evolve from fleet enabler to electrification standard-setter, accelerating the mission to help fleets unlock EV potential amid intensifying competition and market maturity.[3]
Flipturn has raised $11.0M across 1 funding round. Most recently, it raised $11.0M Series A in November 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2024 | $11.0M Series A | Rexhep Dollaku, CRV, Data Tech Fund, Founders Fund, General Catalyst, Index Ventures, Infinite Niches, Khosla Ventures, LAUNCH, Renegade Partners, Team Ignite Ventures, XFactor Ventures, Daniel Burka, Kevin Lin, Mark Pincus, Pieter Schoen, Zachary Sims |