About Tether
Tether is a company based in Stockholm (Sweden) founded in 2020 by Martim Perestrelo and Luis Medina Rivas. It operates as a API-as-a-Product and Green Energy-as-a-Service. Tether has raised $1.52 million across 2 funding rounds from investors including Techstars, COREangels and Climate Capital. Tether offers products and services including Prediction Engine and Flexibility & V2G. Tether operates in a competitive market with competitors including EV Realty, Exro, Levistor, Numbat and Stepwise, among others.
- Headquarter Stockholm, Sweden
- Founders Martim Perestrelo, Luis Medina Rivas
-
Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$1.52 M (USD)
in 2 rounds
-
Latest Funding Round
$1.5 M (USD), Seed
Jun 19, 2025
-
Investors
Techstars
& 6 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Tether
Tether offers a comprehensive portfolio of products and services, including Prediction Engine and Flexibility & V2G.
Behavior of EV drivers is predicted using ML models.
EV battery power is leveraged for grid ancillary services.
Funding Insights of Tether
Tether has successfully raised a total of $1.52M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in June 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 Tether
Tether has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Techstars, COREangels and Climate Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Startups are accelerated globally without sector restrictions through structured programs.
|
Locked | Locked | Locked | |
|
Venture capital is invested in climate tech startups and entrepreneurs.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Tether
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Tether
Investment portfolio details for Tether
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Tether
Detailed financials for Tether
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Tether Comparisons
Peer comparison for Tether
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Tether
Tether 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 EV Realty, Exro, Levistor, Numbat and Stepwise, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Grid-scale EV charging infrastructure is developed for fleet electrification.
|
|
| Locked | Locked | Locked |
Developer of power electronics for electric vehicles and energy storage
|
|
| Locked | Locked | Locked |
Kinetic energy storage solutions for electric vehicle charging are developed.
|
|
| Locked | Locked | Locked |
Provider of a sustainable energy solutions provider that offers high-power charging and smart energy management technology for electric vehicles, combining e-mobility and media services
|
|
| Locked | Locked | Locked |
Electric panel capacity for EV charging is provided by Stepwise.
|
|
| Locked | Locked | Locked |
Energy storage solutions are provided via an online platform.
|
Detailed competitors of Tether
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Tether
Complete news archive for Tether
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Tether
Tether was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Tether is headquartered in Stockholm, Sweden.
Luis Medina Rivas is the current CEO of Tether. They have also founded this company.
Tether is a funded company, having raised a total of $1.52M across 2 funding rounds to date.
Tether is engaged in developing prediction and optimization engines for electric vehicle (EV) charging. Solutions are provided to understand and predict individual EV driver behavior using machine learning models. The flexibility of EV batteries is utilized to support grid services through vehicle-to-grid (V2G) technology. Sectors such as renewable energy and smart grid solutions are targeted, with integration facilitated via an accessible API for developers.
Tether offers Prediction Engine and Flexibility & V2G.
Tether has 7 investors. Key investors include Techstars, COREangels, Climate Capital, DraperB1, and K Fund.