About IoTecha
IoTecha is a Transportation, Automotive & Logistics company based in Cranbury (United States) founded in 2015 by Oleg Logvinov and Michael Macaluso. Smart EV chargers are provided for network and vehicle agnosticism. It operates in the Transportation, Automotive & Logistics, Energy & Utilities, and Technology sectors. IoTecha has raised $18.94 million across 2 funding rounds from investors including bp and ECS. The company has 25 employees. Its chief executive, as recorded, is Oleg Logvinov. Its focus areas include Energy Tech, Energy Storage Tech, Charging and Station Management IT. Its legal entity is IOTECHA CORP. Its competitors include AmpUp, Smartcar and Weave Grid; 3 of its 3 listed competitors have raised funding.
Company details
IoTecha was founded in 2015 and is headquartered in Cranbury, United States. Operations focus on the electric vehicle sector, where smart chargers are developed to address charging infrastructure challenges. Features such as Plug and Charge and bi-directional power flow are incorporated to ensure compatibility across various vehicles and service providers. Convenience and cost-effectiveness for EV drivers are prioritized in the product design.
- Headquarters Cranbury, United States
- Employees 25
- Founders Oleg Logvinov, Michael Macaluso
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities Technology
- Email••••••••
- Phone•••• ••••
- Website iotecha.com
- Social LinkedIn X Facebook
- Legal Name Iotecha Corp.
- Total Equity Funding$18.94M (USD)
in 2 rounds
- Latest Funding Round$17.44M (USD), Series B
Jun 2021
- Investorsbp
& 1 more
- Employee Count25
Funding Insights of IoTecha
IoTecha has successfully raised a total of $18.94M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $17.44 million completed in June 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 $18.94M
- Total Rounds 2
- Last Round Series B — $17.44M
- First Round $1.5M
(Jun 2018)
- Investors Count 2
All 2 funding rounds of IoTecha with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $17.44M | Series B | – | BP Ventures | – |
| Jun 2018 | $1.5M | Series A | – | ECS | – |
2 investors in total: 2 institutional.
Investors in IoTecha
IoTecha has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include bp and ECS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
bp is recognized as a global energy company. | 1909 | bp.com | United States | |
Manufacturer of mini PCs and industrial computing solutions | 1987 | ecs.com.tw | Taipei, Taiwan |
Investor details for IoTecha
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People of IoTecha
15 people are tracked at IoTecha (6 in leadership, 9 in team); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Oleg Logvinov | Co-Founder & CEO | Leadership |
Michael Macaluso | Co-Founder | Leadership |
Kim Sarubbi | VP, Media | Leadership |
Ira Noble | CFO | Leadership |
David Lawrence | Director Of Engineering | Leadership |
Brenda Librizzi | VP, Operations | Leadership |
Ruben Sklar | EVP, Corporate Development | Team |
Gabriela Vargas | Senior Marketing and Communications Specialist | Team |
Joe H. | Hardware Engineering Manager | Team |
Natalie Cook, CPA | Finance Manager | Team |
Dark Shenada | Senior Software Engineer | Team |
Alex Clarke | Principal Software Engineer/team Lead | Team |
Richard Duszczak | Software Engineer | Team |
Sukla Das | Senior Technical Program Manager | Team |
Brion Ebert | Senior Hardware Engineer | Team |
Complete people profiles for IoTecha
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Timeline of IoTecha
3 dated milestones of IoTecha across 6 years, from founding to its latest funding, stage changes and deals.
- Founded IoTecha is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series B, of $17.4M.
Competitors of IoTecha
IoTecha has 3 listed competitors in our database, 3 of them funded. They include AmpUp, Smartcar and Weave Grid.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ampup.io | 2018 | Cupertino, United States | $15.15M | Tech-enabled platform offering charging point management solutions | ||
| smartcar.com | 2015 | Mountain View, United States | $34M | 86 | Provider of SaaS-driven API platform for connected car data | |
| weavegrid.com | 2018 | San Francisco, United States | $78M | 10 | Software solutions for EV challenges in electric utilities are provided. |
Detailed competitors of IoTecha
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Web traffic of IoTecha
The website of IoTecha (iotecha.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 19.7% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as IoTecha (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Iotecha
Complete news archive for IoTecha
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Frequently Asked Questions about IoTecha
IoTecha was founded in 2015 and raised its 1st funding round 3 years after it was founded.
IoTecha is headquartered in Cranbury, United States. It is registered at Cranbury, New Jersey, United States.
Oleg Logvinov is the CEO of IoTecha, as recorded in our data. They have also founded this company.
IoTecha is a funded company, having raised a total of $18.94M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.5M, raised on Jun 2018.
IoTecha has 25 employees.
IoTecha was founded in 2015 and is headquartered in Cranbury, United States. Operations focus on the electric vehicle sector, where smart chargers are developed to address charging infrastructure challenges. Features such as Plug and Charge and bi-directional power flow are incorporated to ensure compatibility across various vehicles and service providers. Convenience and cost-effectiveness for EV drivers are prioritized in the product design.
IoTecha's top competitors include AmpUp, Smartcar and Weave Grid.
IoTecha operates through Iotecha Corp..