$15M Series A funding has been raised by ChargeLab, a San Francisco, CA-based provider of a hardware-agnostic, software platform that optimizes electric vehicle charging equipment.
King River Capital led the round, along with Construct Capital and Root Ventures. Participants included ABB E-Mobility. Highline Beta, Third Sphere and Maple VC. Megan Guy, Co-Founder & Partner at King River Capital, will be joining ChargeLab’s Board of Directors in conjunction with closing of the round.
The company plans to use the funds for growth and expansion.
ChargeLab was co-founded by Zak Lifevre and Ehsan Mkhtari. It is a software platform that manages electric vehicle chargers. Its software runs in the cloud and at the edge, empowering utilities to manage large numbers of EV charging stations and create intelligent networks. ABB, Phihong and United Chargers are some of the EV charger manufacturer partners.
The company’s customers include fleets, building owners, convenience stores, and utilities.