eIQ Mobility, Inc., a San Jose, CA-based company focused on accelerating the electrification of commercial and public fleets, raised a seed round from Schneider Electric Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate expansion and develop additional products to serve commercial OEMs, leasing companies and major U.S. fleets.
Led by Sila Kiliccote, CEO, eIQ Mobility is developing:
– eIQ EValuate, an EV planning & analysis platform that leverages fleet, facility, grid, incentives and energy data to determine if and where fleets should consider electrifying their vehicles, and
– eIQ Power, an EV charging Infrastructure as a Service product for its fleet customers, that scales with the customer’s fleet to de-risk the installation, support, and maintenance of converting a fleet to electric.
The company is currently working with several global OEMs, EV OEMs, Leasing Companies and major U.S. fleets to pilot its eIQ Power solution.