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To improve EV charging accessibility in urban multi-tenant settings and ensure effective integration of EVs in our clean energy future.
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The costs of future-proofing buildings in preparation for clean energy can often mount up to unsavory heights, acting as a deterrent for commercial and multi-family building owners who are considering upgrading their buildings to meet net-zero targets. SWTCH Energy is building a solution to make these upgrades more cost and energy-efficient.
Though there is a wealth of companies operating within the EV and electrical charging hardware market, SWTCH stands out thanks to its use of existing electrical infrastructure to upgrade buildings and charging ports. Working with both building managers and EV drivers, the company’s SWTCH Control intelligent load management system is a monitor for multi-residential buildings that controls the energy capacity of a building, making sure that any charging needs never exceed the limit.
SWTCH’s work with building managers to improve infrastructure has bagged the company plenty of clients across North America. In 2023, it partnered with software companies Sitetracker and AutoGrid to deploy its technology on the continent. 2024's funding round is being used to develop its ML and AI capabilities and scale its charger deployments across North America.
Steph
Company Specialist at Welcome to the Jungle
Apr 2024
$27.2m
SERIES B
Apr 2022
$10m
SERIES A
This company has top investors
Carter Li
(CEO)Previously Management Consultant at Deloittes. and Environmental Biologist at the Smithsonian Institution.