Merge Completes Series A Funding

Merge Electric Fleet Solutions, a Hoston, TX-based premier fleet electrification services and finance company, closed a Series A funding round of undisclosed amount.

The round was led by strategic investor Pickering Energy Partners (PEP).

The company will use the funding to accelerate its team expansion and broaden its electrification service offerings to additional fleet segments.

Led by Glen Stancil, Merge delivers electrification solutions for fleet operators across market segments that include energy, healthcare, food and beverage, and home services.

The team brings decades of EV experience from designing, delivering, and operating integrated charging solutions for residential and commercial applications on L2 and DC platforms at over 1,500 sites across 40 states. Merge supports fleets through the entire lifecycle of EV transition including planning, deployment, operations, and financial services to provide customers with a data-driven approach to achieve their operational, economic, and emissions goals.

FinSMEs

10/12/2021