Flipturn provides a platform that monitors charger health and status in real time to prevent vehicles from being undercharged and losing revenue. The platform also lets fleets control charger power output to avoid overpaying for electricity or exceeding site capacity. Flipturn focuses on charger reliability, electricity optimization, and streamlined operations across bus, trucking, and light-duty fleets. The company emphasizes fleet-specific features, agile product development, and strong customer support. Flipturn was founded by Katie Siegel (CEO) and Sashko Stubailo (CTO); Siegel previously served as a senior engineering manager at Samsara and Stubailo was a senior engineering manager at Stripe. The company plans to use the funding to scale its go-to-market and engineering teams and expand into broader charging and energy management solutions. Flipturn offers Flipturn Connect, a software platform that integrates fleets' telematics, chargers, and utility data to determine optimal charging schedules and lower operating costs. The platform schedules charging to ensure vehicle readiness while minimizing demand charges and can calculate per-mile costs for both fossil fuel and electric trucks. It also analyzes telematics and utility data to identify routes that are good candidates for electrification. Flipturn plans to make its platform compatible with existing fleet maintenance and routing software as well as on-site distributed energy resources like solar and batteries. The company emphasizes hardware and vehicle agnosticism to support fleets that use multiple truck manufacturers and charger types. Flipturn is currently working with fleets including 4 Gen Logistics and Knight Transportation and recently raised a $4.5 million seed round led by Accel.

Total raised

$16M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2024