ElectroTempo is an Arlington, Va.-based SaaS startup that provides demand forecast data and analytics to inform and de-risk electric vehicle charging infrastructure and grid investments. The company uses machine learning tools to identify and map the location and size of light, medium, and heavy-duty fleet locations to project where charging demand will concentrate. Its forecasts feed models of charger utilization and financial returns, helping utilities anticipate charging requirements and helping property and fleet owners size chargers and assess ROI. ElectroTempo's fleet and infrastructure optimization tools target slow, costly deployment processes and aim to accelerate network deployment across fleets, site portfolios, and utility territories. The company plans to scale national and international operations on both the technical side and customer support with investor backing. The article does not disclose revenue or other operating metrics. ElectroTempo builds software that forecasts EV charging demand and recommends cost-effective equipment and infrastructure investments for industrial site hosts and trucking fleets. Its platform optimizes charger location, energy use, and asset utilization to improve returns on investment. The company sells to industrial site hosts and logistics customers that use the software to deploy and operate charging networks. ElectroTempo plans to expand geographic coverage across the U.S. and round out product features to better serve industrial site hosts and accelerate truck electrification. Since a pre-seed round in January 2022, the company has grown from one customer to nine and increased its annual recurring revenue by over 150%. The team emphasizes domain expertise across transportation, electrification, and logistics as a complement to its software offering.

Total raised

$4M

Funding rounds

2

Latest round

Seed

Latest activity

Aug 2023