ChargeLab Raises $15M in Series A Financing

chargelab
ChargeLab co-founders Zak Lefevre (left) and Ehsan Mokhtari (right)

ChargeLab, a San Francisco, CA-based provider of a hardware-agnostic software platform to operate and optimize electric vehicle charging equipment raised $15M in Series A funding.

The round was led by King River Capital, with participation from ABB E-Mobility, Construct Capital, Root Ventures, Highline Beta, Third Sphere, and Maple VC. Megan Guy, Co-Founder & Partner at King River Capital, will be joining ChargeLab’s Board of Directors in conjunction with closing of the round.

The company intends to use the funds to accelerate growth, and expand operations.

Co-founded by Zak Lefevre and Ehsan Mokhtari, ChargeLab builds a hardware-agnostic software platform for managing electric vehicle chargers. Its software runs at the edge and in the cloud, empowering fleets, building operators, and utilities to deploy large numbers of EV chargers and manage them as an intelligent network. The company partners with EV charger manufacturers like ABB, Phihong, United Chargers, Siemens, and Tritium.

The company’s customers include fleets, building owners, convenience stores, and utilities.

FinSMEs

20/05/2022