About Elocity
Elocity is a company based in Toronto (Canada) founded in 2018 by Tony Stewart and Sanjeev Singh. Elocity has raised $30 thousand across 2 funding rounds from investors including Sustainable Development Technology Canada and Accelerator Centre. The company has 1 employees as of April 10, 2024. Elocity offers products and services including HIEVTM Platform and EV Charging Hardware. Elocity operates in a competitive market with competitors including SWTCH, Nanoleaf, Resideo, Operto and ChargeLab, among others.
- Headquarter Toronto, Canada
- Employees 1 as on 10 Apr, 2024
- Founders Tony Stewart, Sanjeev Singh
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Sectors
Business ServicesEnergy & Utilities Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Elocity Technologies India Private Limited
- Date of Incorporation 13 Sep, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$596.31 K (USD)87.51as on Mar 31, 2022
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Net Profit
$7.82 K (USD)-72.48as on Mar 31, 2022
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EBITDA
$17.01 K (USD)-57.33as on Mar 31, 2022
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Total Equity Funding
$30 K (USD)
in 2 rounds
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Latest Funding Round
Not available
- Investors
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Employee Count
1
as on Apr 10, 2024
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Products & Services of Elocity
Elocity offers a comprehensive portfolio of products and services, including HIEVTM Platform and EV Charging Hardware.
Open platform for managing smart EV charging networks efficiently.
Devices for reliable and cost-effective EV charging in various settings.
Funding Insights of Elocity
Elocity has successfully raised a total of $30K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Elocity
Elocity has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Sustainable Development Technology Canada and Accelerator Centre.
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Venture capital firm focused on investing in clean tech sectors
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Startups are built and accelerated in a structured studio environment.
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Investor details for Elocity
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Investments & Acquisitions by Elocity
Investment portfolio details for Elocity
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Financial Statements - Elocity
Detailed financials for Elocity
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Elocity Comparisons
Peer comparison for Elocity
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Competitors of Elocity
Elocity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SWTCH, Nanoleaf, Resideo, Operto and ChargeLab, among others.
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Provider of EV charging management systems
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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Smart home products for security and energy efficiency are provided.
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Provider of cloud-enabled property automation and access control solutions
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Provider of electric vehicle station management solution
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Project management solutions are provided for the energy sector.
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Detailed competitors of Elocity
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Latest news on Elocity
Complete news archive for Elocity
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Frequently Asked Questions about Elocity
Elocity was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Elocity is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Sanjeev Singh is the current CEO of Elocity. They have also founded this company.
Elocity is a funded company, having raised a total of $30K across 2 funding rounds to date.
As of Apr 10, 2024, the latest employee count at Elocity is 1.
Annual revenue of Elocity is $596.31K as on Mar 31, 2022.
Elocity was founded in 2018 in Toronto, Canada, as a provider of electric vehicle charging solutions within the cleantech sector. Utilities are assisted in understanding EV behavior, predicting responses, and optimizing grid load. An app is offered to users for charging electric vehicles and earning rewards, with availability on both iOS and Android platforms. Operations focus on integrating EV management with utility infrastructure.
Elocity offers HIEVTM Platform and EV Charging Hardware.
Elocity has 2 investors. Key investors include Sustainable Development Technology Canada, and Accelerator Centre.