What is EV Connect?
Founded in 2009 and headquartered in El Segundo, California, EV Connect provides a comprehensive software platform designed to manage electric vehicle charging stations. The company serves as a vital link in the electrification of transportation, offering cloud-based solutions that enable station owners to monitor, manage, and optimize their charging infrastructure. By providing robust operational services, EV Connect addresses the critical need for reliability and scalability in the public and private charging landscape, positioning itself as a foundational technology partner for utilities, municipalities, and commercial enterprises worldwide.
How much funding has EV Connect raised?
EV Connect has raised a total of $23.9M across 5 funding rounds:
Private Equity
$2.7M
Series A
$8M
Series B
$12M
Debt
$350K
Debt
$846K
Private Equity (2015): $2.7M with participation from Double M Partners and Sustainable America
Series A (2018): $8M led by Ecosystem Integrity Fund and Montage Capital
Series B (2019): $12M supported by Ecosystem Integrity Fund and Mitsui & Co., Ltd
Debt (2020): $350K featuring PPP
Debt (2021): $846K backed by PPP
Key Investors in EV Connect
Ecosystem Integrity Fund
A sustainability-focused venture capital firm that invests in early growth stage companies, specifically targeting renewable energy and electric vehicle infrastructure to drive environmental and economic impact.
Mitsui & Co., Ltd
A global trading and investment conglomerate that leverages its extensive cross-industry expertise to support the transition to low-carbon energy and sustainable infrastructure projects.
Montage Capital
A specialized investment firm providing growth debt to capital-efficient companies, enabling them to scale operations while maintaining ownership control.
What's next for EV Connect?
Looking ahead, EV Connect is well-positioned to capitalize on the global shift toward low-carbon transportation. The recent influx of capital provides the necessary runway to enhance its software capabilities, potentially integrating advanced grid-balancing features and expanding its footprint in emerging international markets. As the demand for seamless EV charging experiences grows, the company's focus will likely remain on deepening its enterprise partnerships and refining its platform to support the next generation of high-speed charging hardware. The strategic alignment with global industrial partners suggests a long-term roadmap centered on infrastructure integration and the promotion of sustainable energy ecosystems.
See full EV Connect company page
