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Electra Vehicles
Energy storage supplier
- 21-100 employees
- B2B
- Energy
- Sustainability
- Electric Vehicles
- Machine Learning
- D Street / West Broadway, Boston, MA
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Company mission
To develop artificial intelligence-based software to monitor, control and optimize battery packs for electric vehicles, including commercial fleets.
71% employee growth in 12 months
Our take
Electra Vehicles is a software company specializing in developing electric vehicle (EV) charging solutions, with a focus on improving their battery range, lifetime, and safety performance. Leveraging AI and machine learning algorithms, Electra Vehicles is optimizing EV charging performances while reducing overall costs and improving user experiences.
With many successful partnerships with other organizations in the EV industry and as electrification continues to rise and become a predominant focus for passenger and commercial vehicles, Electra Vehicles is strategically positioned to harness the growing demand for its battery solutions.
Having witnessed steady growth and a record-strong revenue intake over the past couple of years, Electra plans to utilize its ongoing success and further scale its operations. As well as expanding its presence abroad, the company has recently opened a branch in Turin, Italy, and looks to hire new talent to support its growing customer base.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Retirement: 401K with company match
- Insurance: Health, Dental, Vision
- Remote Work: Flexibility to work remotely from almost anywhere in the United States or Italy
- Patents: At Electra, we highly recognize our talents. You will have the opportunity to put your name as an inventor in patents if you'll come up with a novel idea
- Time Off: Paid Federal holidays; Unlimited Vacation and Sick Leave Policy; Generous parental and family leave
- Learning and Development: 1 company-wide training per quarter with experts based on the team-selected topics; Working in a dynamic, transparent and agile team
- Recognition: Monthly Bonusly allotment for employee recognition and rewards
Funding (2 rounds)
Feb 2023
$21m
EARLY VC
May 2021
$3.6m
SEED
Total funding: $24.6m
Leadership
Fabrizio Martini
(CEO)Previously worked at Nanoramic Laboratories initially as an Associate Engineer before working up to become a Technical Advisor. Also worked at Same Deutz-Fahr Group as a Research and Development Engineer.