Monterra, a San Francisco, CA-based software company automating the design and planning of EV charging installations, raised $2.5M in Pre-Seed funding.
The round was led by Base10 Partners, with participation from Future Climate Venture Studio, and Very Serious Ventures.
The company intends to use the funds to grow its team and accelerate product development.
Founded in 2022 by CEO David Kim and CPO Kelson Reiss, Monterra Technology aims to help contractors and engineers design, plan, and sell EV charging installation faster. With the system, EV charging contractors speed up site walks, build virtual quotes in minutes, and automatically generate customer-ready sales proposals. The company also helps installers digitize the on-site data collection process with its mobile app. Since their launch in August, Monterra has onboarded a number of electrical contractors and EV charging providers onto its platform.
FinSMEs
28/11/2023