Kwetta

Napier, New Zealand Founded: 2021 • Age: 5 yrs
Grid management solutions for EV station operators
Annual revenue $13.4M Latest available
Total funding $10.5M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Kwetta

Kwetta is a company based in Napier (New Zealand) founded in 2021 by Robert Turner, Dustin Murdock, and Mike Lazelle. Kwetta has raised $10.5 million across 1 funding round from investors including Blackbird Ventures, Virescent Ventures and Icehouse Ventures. Kwetta operates in a competitive market with competitors including Driivz, Fermata Energy, Electric Miles, Hive Power and IoTecha, among others.

  • Headquarter Napier, New Zealand
  • Founders Robert Turner, Dustin Murdock, Mike Lazelle
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.35 M (USD)
    67.02
    as on Mar 31, 2023
  • Net Profit
    $1.62 M (USD)
    27.55
    as on Mar 31, 2023
  • EBITDA
    $2.28 M (USD)
    25.37
    as on Mar 31, 2023
  • Total Equity Funding
    $10.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10.5 M (USD), Series A

    Jan 30, 2025

  • Investors
  • Employee Count
    Not available
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People of Kwetta

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Dustin Murdock
CEO
People
Mike Lazelle
Co-founder & CGO

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Teams

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Funding Insights of Kwetta

Kwetta has successfully raised a total of $10.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.5 million completed in January 2025. 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 Kwetta

Kwetta has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Blackbird Ventures, Virescent Ventures and Icehouse Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are made in seed, early, and later-stage tech companies.
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Virescent Ventures is focused on climate tech venture capital investments.
Locked Locked Locked
PE fund focused on high growth companies of New Zealand
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Investor details for Kwetta

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Kwetta

Investments
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Investment portfolio details for Kwetta

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Financial Statements - Kwetta

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Detailed financials for Kwetta

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Kwetta Comparisons

Kwetta Primary company
Description
Grid management solutions for EV station operators
Location
Napier, New Zealand
Founded Year
2021
Annual Revenue
$13.35 M (USD)
Net Profit
$1.62 M (USD)
EBITDA
$2.28 M (USD)
Employees
Not available
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Peer comparison for Kwetta

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Kwetta

Kwetta 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 Driivz, Fermata Energy, Electric Miles, Hive Power and IoTecha, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based platform for EV charging operations and management is offered.
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Vehicle-to-grid systems are developed for electric vehicle energy storage.
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Provider of solutions to stability of the EV charging grid
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Charging optimization solutions for EV station networks are provided.
Locked Locked Locked
Smart EV chargers are provided for network and vehicle agnosticism.
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Detailed competitors of Kwetta

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Latest news on Kwetta

Kiwi EV charging startup raises $17.5m
Evsandbeyond1 year ago
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Complete news archive for Kwetta

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Frequently Asked Questions about Kwetta

Kwetta was founded in 2021 and raised its 1st funding round 4 years after it was founded.

Kwetta is headquartered in Napier, New Zealand. It is registered at Napier, Hawke's Bay, New Zealand.

Dustin Murdock is the current CEO of Kwetta. They have also founded this company.

Kwetta is a funded company, having raised a total of $10.5M across 1 funding round to date.

Annual revenue of Kwetta is $13.35M as on Mar 31, 2023.

Grid management solutions for EV station operators. The company provides high-voltage power electronics and grid-connected power conditioning systems.

Kwetta's top competitors include Driivz, Fermata Energy and Hive Power.

Kwetta has 3 investors. Key investors include Blackbird Ventures, Virescent Ventures, and Icehouse Ventures.

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