What is Treehouse?
Treehouse specializes in providing comprehensive solutions for home EV charging installations. The company offers a streamlined process, enabling EV owners to receive instant estimates for charging solutions and bundle installations with charger purchases. Leveraging proprietary pricing technology, Treehouse simplifies the customer journey by providing immediate quotes, whether at auto retail locations or integrated into vehicle financing. This approach aims to reduce barriers to adoption for home charging infrastructure, a critical component for the widespread use of electric vehicles. With projections indicating a substantial increase in EVs on U.S. roads by 2030, Treehouse is strategically positioned to capitalize on this market expansion.
How much funding has Treehouse raised?
Treehouse has raised a total of $26.6M across 2 funding rounds:
Other Financing Round
$10M
Series A
$16.6M
Other Financing Round (2023): $10M with participation from Montage Ventures, Acrew Capital Management, and CarMax
Series A (2024): $16.6M led by Acrew Capital Management, Flourish, and MassMutual
Key Investors in Treehouse
Montage Ventures
Montage Ventures is a VC firm focused on transforming financial services, healthcare, and commerce through AI, supporting early-stage and growth-stage companies with operational expertise and strategic connections.
Acrew Capital Management
Acrew Capital is a venture capital firm that partners with early-stage to growth-stage companies, emphasizing long-term relationships and diverse perspectives to foster resilience and strategic growth.
CarMax
CarMax is a leading retailer of used vehicles and related products, offering a wide range of vehicles and services, including EV options, and providing financing alternatives.
What's next for Treehouse?
The recent major strategic investment in Treehouse signals a strong validation of its business model and market potential. This capital infusion is expected to fuel further expansion of its services, enhance its technological capabilities, and broaden its network of electricians and partners. As the electric vehicle market continues its upward trajectory, Treehouse's focus on simplifying and making home charging accessible positions it for significant growth. The company's ability to automate permit processes and integrate seamlessly with retail and financing channels suggests a strategic focus on operational efficiency and customer experience, which will be key to scaling its operations and solidifying its market leadership.
See full Treehouse company page
