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Monterra is a technology company.
Monterra provides an AI-powered software platform streamlining electric vehicle (EV) charging infrastructure development. The core product automates design, planning, and cost estimation, efficiently generating site layouts and configurations. This technology aims to eliminate extensive early-stage engineering and manual processes crucial for developing new charging sites.
Founded as a seed-stage company, Monterra recognized EV charging network expansion was hindered by inefficient project design. The founding insight identified a critical need to accelerate and simplify the complex process of assessing, designing, and securing EV charging projects, thereby scaling sustainable transportation infrastructure.
Monterra’s platform serves electrical contractors, Charge Point Operators (CPOs), and engineering consultants deploying EV charging. The company’s vision is to catalyze global EV adoption by empowering these professionals to design, sell, and plan charging projects with enhanced speed, accuracy, and overall efficiency.
Monterra has raised $3.0M across 1 funding round.
Monterra has raised $3.0M in total across 1 funding round.
Monterra has raised $3.0M in total across 1 funding round.
Monterra's investors include Base10 Partners, FJ Labs, Union Square Ventures, Future Climate Venture Studio, Very Serious Ventures.
Monterra is a San Francisco-based software company founded in 2023 that builds a platform automating design, planning, and quoting for EV charging installations.[1][2][4] It serves EV charging professionals, installers, and turnkey providers, solving inefficiencies in manual project quoting, site data collection, and proposal generation by enabling virtual estimates and customer-ready proposals in minutes.[1][2][4] With $2.5M in pre-seed funding from Base10 Partners and 9 employees, Monterra has gained early traction onboarding electrical contractors since its August 2023 launch, positioning it for growth in the booming EV infrastructure market.[1][2]
Monterra Technology Inc. was co-founded in 2022 (with public launch in 2023) by David Kim and Kelson Reiss.[2] Kim brings expertise from working with utilities and energy companies on EV charging programs, smart grid infrastructure, and energy efficiency initiatives, while Reiss offers product and technical experience from shipping software to millions at leading tech firms.[2] The idea emerged from recognizing the complexity of EV charging projects—such as selecting conduits, wires, and verifying cell signals—and the need for software to cut "soft costs" through automation.[2] Early traction included onboarding contractors via a mobile app for digitizing site data, leading to the $2.5M pre-seed round in late 2023 to expand the team and product.[1][2]
Monterra rides the explosive growth of EV adoption, where swift charger deployment is critical amid global pushes for electrification and infrastructure buildout.[2][5] Its timing aligns with surging demand for EV charging—projected to tap billions in opportunities—as governments and utilities incentivize networks, but installers face bottlenecks in planning and soft costs.[2] Market forces like policy-driven EV mandates and supply chain scaling favor Monterra, enabling faster project turnaround to meet deployment targets.[2] By streamlining installer workflows, it influences the ecosystem as a key enabler, bridging hardware providers, contractors, and end-users to accelerate the transition to widespread charging infrastructure.[1][2][4]
Monterra is poised to expand its platform across full EV project lifecycles, using funding to hire talent and enhance AI features for maintenance and scaling.[2] Trends like rising EV sales, federal infrastructure grants, and AI optimization in cleantech will propel its growth, potentially capturing a slice of the multi-billion-dollar installation market.[2] Its influence may evolve from niche tool to industry standard, as more installers adopt it to outpace competitors in a race to electrify transportation—transforming Monterra from early-stage innovator to essential EV infrastructure backbone.[1][2]
Monterra has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in November 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2023 | $3.0M Seed | Base10 Partners | FJ Labs, Union Square Ventures, Future Climate Venture Studio, Very Serious Ventures |