eDRV, a San Francisco, CA-based provider of an API-first electric vehicle (EV) charging management solution, raised an undisclosed amount in Seed funding.
The round was led by Automotive Ventures, NP-Hard, and Connect Ventures.
The company intends to use the funds to accelerate its solution for electric fleets, enhance its existing platform for charging providers and deepen overall customer penetration in the US market.
Led by CEO Bhaskar Deol, eDRV provides an EV charging solution that simplifies the process of launching and managing EV charging networks and business offerings via open APIs. The company’s solution is customizable. An API-first design offers customers flexibility of services, including hardware selection, payments, pricing, energy management, and integration with enterprise IT systems, and flexibility of applications, including multi-family apartments, retail, and hospitality.
eDRV’s core solutions consist of three primary components, which allow customers to launch charging services that immediately rival the largest charging networks:
- A set of SDKs and APIs for creating a fully custom EV charging experience for drivers using web or mobile apps.
- Starter or white-label applications to quickly convert EV charging stations into revenue generating assets. eDRV’s pre-configured payment links make it easy for drivers to pay for charging via Apple or Google pay.
- An advanced toolkit consisting of pricing management, driver reimbursement, energy management, and marketing tools for charging businesses.
It is used at over 7,500 charging locations globally.
FinSMEs
17/02/2023