# InCharge Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/incharge-energy

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Los Angeles, US
- Website: https://inchargeenergy.ca/
- Total disclosed funding: $46M
- Latest round: Series A (Jun 4, 2026)
- Investors on record: 4

## About

In-Charge Energy delivers advanced electrification solutions tailored for commercial fleets in North America, focusing on EV charging infrastructure, management software, and support services to enhance fleet efficiency and facilitate the transition to electric vehicles.In-Charge Energy Inc. provides electrification solutions specifically for commercial fleets. Cofounded by Cameron Funk and Terry O'Day, the company is headquartered in Irvine, US. It has engaged in two notable funding rounds, with the most recent deal occurring on January 27, 2022, when ABB Technology Ventures acquired a 50% majority stake. This acquisition aims to bolster ABB's E-mobility Division in North America and enhance the fleet electrification offerings.InCharge Energy Inc. specializes in comprehensive electrification solutions for commercial fleets across North America. Their core offerings encompass interoperability-tested EV charging hardware, the proprietary InControl™ management software, and dedicated service support, aimed at optimizing fleet productivity and supporting the transition to electric vehicles. The company serves a variety of sectors, including large delivery fleets, public agencies, and school districts, and has notable clients among major shipping and logistics providers. InCharge Energy's solutions address critical operational challenges, focusing on maximizing fleet uptime, minimizing energy costs, and ensuring sustainability. Their products are predominantly utilized in the United States and Canada, with expansion into additional regions as demand for electric fleet solutions grows. InCharge Energy generates revenue through structured business transactions, which include direct sales of its EV charging solutions and software, as well as ongoing service agreements. The firm primarily operates on a B2B model, forming partnerships with OEMs, dealer groups, and municipalities to facilitate product deployment. Clients utilize subscription-based services for the InControl™ software, assisting in fleet charging and energy management. The pricing structure generally involves contracts for hardware installation, paired with service maintenance plans to ensure operational reliability. Key products, such as the InControl™ Charge Management Software, play a significant role in overall revenue generation, supporting the company's objective of delivering end-to-end electrification solutions tailored to diverse customer needs.InCharge Energy plans to enhance its product offerings with upcoming releases designed to further support fleet electrification. The company is targeting expansion into new markets, focusing on broader geographic regions in North America by the end of the next fiscal year. The recent funding from ABB Technology Ventures will be utilized to strengthen In-Charge Energy's capabilities within the E-mobility Division, broadening its customer base and enhancing fleet electrification offerings. This strategic direction aligns with the company’s goal to meet the increasing demand for electric fleet solutions. In June 2026, In-Charge Energy Inc raised USD 46 million in venture funding led by S2G Ventures, with participation from QIC. The company will use the funding to expand its energy platform across North America, scale its software, grow field service operations, and increase its workforce and service coverage.

## Funding rounds

- Series A, Jun 4, 2026, $46M — QIC, S2G Ventures
- Series A, Mar 4, 2020 — Macquarie Capital, ABB Technology Ventures

## Investors

- Macquarie Capital — Series A
- ABB Technology Ventures (https://capitalatlas.ai/funds/abb-technology-ventures) — Series A
- QIC (https://capitalatlas.ai/funds/qic) — Series A
- S2G Ventures (https://capitalatlas.ai/funds/s2g-ventures) — Series A