EverCharge

EverCharge, Inc.Founded in 2012 in the United States, EverCharge, Inc. develops dynamic EV charging solutions driven by patented SmartPower technology.EverCharge specializes in dynamic electric vehicle (EV) charging solutions, primarily through its patented SmartPower technology and a unique network design that facilitates the installation of up to ten times more chargers on existing infrastructure. The core product offerings include the Level 2 EV02 charger and Cove DCFC, which cater to a diverse range of end users, including luxury condominium complexes, fleet operators, and multi-family housing developments. These solutions are designed to maximize charging output while minimizing the need for extensive infrastructure upgrades, allowing properties to become 100% EV-ready.EverCharge generates revenue through a combination of direct sales and partnership agreements for its charging solutions. Business transactions typically involve B2B arrangements, where property developers and fleet operators purchase the charging hardware and associated software services directly from EverCharge. The company’s flagship products, such as the Level 2 EV02 and Cove DCFC, are integrated into the client's existing infrastructure, enhancing their EV readiness. Revenue may also be supplemented through ongoing maintenance contracts and service agreements, ensuring that clients receive continued support and upgrades as needed.In March 2022, EverCharge was acquired by SK E&S Co.S. and enhancing its position as a global energy solution provider. Future growth plans include enhancing product offerings and expanding into new markets, leveraging the existing infrastructure to support increased EV adoption.

1. Seed

   Aug 28, 2015

   Amount

   $1.4M

   Investors

   Locked