About EV Connect
EV Connect is a company based in El Segundo (United States) founded in 2009 by Jordan Ramer was acquired by Schneider Electric in June 2022.. EV Connect has raised $49.87 million across 9 funding rounds from investors including Schneider Electric, Mitsui & Co. and California Energy Commission. EV Connect offers products and services including Service Platform, White Label Platform, API Platform, and Turnkey Charging. EV Connect operates in a competitive market with competitors including ChargePoint, FreeWire, Electrify America, Blink Charging and EVgo, among others.
- Headquarter El Segundo, United States
- Founders Jordan Ramer
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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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 Ev Connect Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$49.87 M (USD)
in 9 rounds
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Latest Funding Round
$27.17 M (USD), Series C
Dec 07, 2021
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Investors
Schneider Electric
& 13 more
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Employee Count
Employee Count
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Acquired by
Schneider Electric
(Jun 21, 2022)
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Products & Services of EV Connect
EV Connect offers a comprehensive portfolio of products and services, including Service Platform, White Label Platform, API Platform, and Turnkey Charging. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for controlling access and monitoring EV charging stations.
Customizable platform for branding EV charging services.
API for integrating EV charging into business systems.
End-to-end service for deploying EV charging networks.
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Funding Insights of EV Connect
EV Connect has successfully raised a total of $49.87M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $27.17 million completed in December 2021. 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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series C — $27.2M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series C - EV Connect | Valuation |
investors |
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| Dec, 2021 | Amount | Debt – Conventional - EV Connect | Valuation |
investors |
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| Oct, 2019 | Amount | Series B - EV Connect | Valuation | Mitsui , Ecosystem Integrity Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EV Connect
EV Connect has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Schneider Electric, Mitsui & Co. and California Energy Commission. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided to early-stage startups by this fund.
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Founded Year | Domain | Location | |
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Venture capital and private equity firm focused on debt investments
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Founded Year | Domain | Location | |
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Government agency focused on clean energy investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by EV Connect
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - EV Connect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ev Connect Comparisons
Competitors of EV Connect
EV Connect 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 ChargePoint, FreeWire, Electrify America, Blink Charging and EVgo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-enabled EV charging stations are operated for diverse sectors.
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| domain | founded_year | HQ Location |
Electric-vehicle charging solutions are developed and provided by FreeWire.
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| domain | founded_year | HQ Location |
Provider of electric vehicle charging solutions
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| domain | founded_year | HQ Location |
Electric vehicle charging networks and SaaS solutions are operated.
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| domain | founded_year | HQ Location |
EV charging station operators
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ev Connect
Frequently Asked Questions about EV Connect
When was EV Connect founded?
EV Connect was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is EV Connect located?
EV Connect is headquartered in El Segundo, United States. It is registered at El Segundo, California, United States.
Who is the current CEO of EV Connect?
Jordan Ramer is the current CEO of EV Connect. They have also founded this company.
Is EV Connect a funded company?
EV Connect is a funded company, having raised a total of $49.87M across 9 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Jun 01, 2012.
What does EV Connect do?
EV Connect was founded in 2009 in El Segundo, United States, within the electric vehicle sector. Charging solutions are offered for commercial, enterprise, hospitality, university, and government facilities. A cloud-based platform is developed and operated to manage charging stations and associated drivers. Features include station-agnostic command and control, enterprise energy systems integration through an open API, driver communications, support services, and demand-response capabilities across multiple networks.
Who are the top competitors of EV Connect?
EV Connect's top competitors include ChargePoint, EVgo and Blink Charging.
What products or services does EV Connect offer?
EV Connect offers Service Platform, White Label Platform, API Platform, and Turnkey Charging.
Who are EV Connect's investors?
EV Connect has 14 investors. Key investors include Schneider Electric, Mitsui & Co., California Energy Commission, Pasadena Angels, and Keiretsu Forum.
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