About OpConnect
OpConnect is a company based in Portland (United States) founded in 2012 by Dan Lulich and Dexter Turner.. OpConnect has raised $16.23 million across 11 funding rounds from investors including The 22 Fund, Reinventure Capital and CDVCA. OpConnect offers products and services including EV Charging Solution and Cloud-based Software. OpConnect operates in a competitive market with competitors including AMPLY, Presto, Treehouse, Qmerit and Swiftmile, among others.
- Headquarter Portland, United States
- Founders Dan Lulich, Dexter Turner
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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 Opconnect, 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
$16.23 M (USD)
in 11 rounds
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Latest Funding Round
$1.5 M (USD), Series A
Feb 24, 2025
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Investors
The 22 Fund
& 9 more
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Employee Count
Employee Count
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Products & Services of OpConnect
OpConnect offers a comprehensive portfolio of products and services, including EV Charging Solution and Cloud-based Software. 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.
End-to-end service for planning and installing EV charging networks.
Platform for monitoring and maintaining EV charging infrastructure.
Funding Insights of OpConnect
OpConnect has successfully raised a total of $16.23M across 11 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series A — $1.5M
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First Round
First Round
(04 Mar 2013)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series A - OpConnect | Valuation |
investors |
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| Sep, 2024 | Amount | Series A - OpConnect | Valuation | The 22 Fund | |
| Jun, 2023 | Amount | Series A - OpConnect | Valuation |
investors |
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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 OpConnect
OpConnect has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include The 22 Fund, Reinventure Capital and CDVCA. 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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Founded Year | Domain | Location | |
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Growth stage focused VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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Community development venture capital network providing equity investments and support services.
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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 OpConnect
| 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 - OpConnect
| 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 |
Opconnect Comparisons
Competitors of OpConnect
OpConnect 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 AMPLY, Presto, Treehouse, Qmerit and Swiftmile, 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 |
Fully-automated charging solution for EV fleets
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| domain | founded_year | HQ Location |
Presto is focused on providing EV charging solutions for fleets.
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| domain | founded_year | HQ Location |
Home electrification is enabled via software for charging installations.
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| domain | founded_year | HQ Location |
Installation services for EV chargers and electrification are provided.
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| domain | founded_year | HQ Location |
Personal electric transporters (PETS) sharing & charging solutions provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Opconnect
Frequently Asked Questions about OpConnect
When was OpConnect founded?
OpConnect was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is OpConnect located?
OpConnect is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Who is the current CEO of OpConnect?
Dexter Turner is the current CEO of OpConnect. They have also founded this company.
Is OpConnect a funded company?
OpConnect is a funded company, having raised a total of $16.23M across 11 funding rounds to date. The company's 1st funding round was a Series A of $5.26M, raised on Mar 04, 2013.
What does OpConnect do?
OpConnect was founded in 2012 in Portland, United States, focusing on the electric vehicle sector. A cloud-based software platform is provided to manage EV charging operations, complemented by support services for infrastructure needs. The companys offerings address deployment, monitoring, and maintenance for charging networks, serving clients in North America. Key leadership includes co-founders Dexter Turner as CEO and Dan Lulich as CTO.
Who are the top competitors of OpConnect?
What products or services does OpConnect offer?
OpConnect offers EV Charging Solution and Cloud-based Software.
Who are OpConnect's investors?
OpConnect has 10 investors. Key investors include The 22 Fund, Reinventure Capital, CDVCA, Portland Seed Fund, and E8 Angels.
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