# Treehouse

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/treehouse-2

- Industry: Power & Utilities
- Headquarters: San Francisco, US
- Website: www.treehouse.pro
- Total disclosed funding: $26M
- Latest round: Series A (Aug 20, 2024)
- Investors on record: 16

## About

Based in California, US, and founded in 2021 by co-founders Daniel Francis, and Jeremy Lwanga, Drive Technologies, Inc., trading under the name Treehouse, operates as a technology home services company that offers products for individual's needs on home electrical infrastructures that allow users to charge their electric vehicles at home. In August 2023, Treehouse raised venture debt funding. The round was part of a larger USD 10.4 million equity and debt funding. As of August 2021, the company is led by CEO Eric Owski.

Treehouse offers a range of products tailored to individual needs and home electrical infrastructures. At the core of Treehouse's offerings is its suite of Level 2 EV chargers. These chargers deliver 30–40 miles of range per hour of charge and are designed to fully recharge EVs overnight. The product lineup includes a variety of options, from sleek and reliable models like the Blink HQ 150 and Grizzl-E Classic to WiFi-enabled choices such as the Enel X JuiceBox series and the Wallbox Pulsar Plus range. Treehouse also provides Load Management Systems for homes where upgrading electrical infrastructure is not feasible.

The company plans to use August 2023 funding to support its regional and human resource expansion, as well as to make software and operational tool investments.

## Funding rounds

- Series A, Aug 20, 2024, $16M — Invest Detroit, Eaton Corporation plc, Montage Ventures, MassMutual Ventures, Flourish Ventures, Acrew Capital, CarMax Business Services, LLC, NVest Ventures, Virta Ventures, Holman Growth Ventures, Veriten
- Seed, Aug 9, 2023, $10M — Detroit Venture Partners, Montage Ventures, Trucks Venture Capital, Assurant Growth Investing, Acrew Capital, Automotive Ventures, CarMax Business Services, LLC, Gutter Capital, Holman Growth Ventures

## Investors

- Detroit Venture Partners (https://capitalatlas.ai/funds/detroit-venture-partners) — Seed
- Montage Ventures (https://capitalatlas.ai/funds/montage-ventures) — Seed, Series A
- Trucks Venture Capital (https://capitalatlas.ai/funds/trucks-venture-capital) — Seed
- Assurant Growth Investing (https://capitalatlas.ai/funds/assurant-growth-investing) — Seed
- Acrew Capital (https://capitalatlas.ai/funds/acrew-capital) — Seed, Series A
- Automotive Ventures (https://capitalatlas.ai/funds/automotive-ventures) — Seed
- CarMax Business Services, LLC — Seed, Series A
- Gutter Capital (https://capitalatlas.ai/funds/gutter-capital) — Seed
- Holman Growth Ventures (https://capitalatlas.ai/funds/holman-growth-ventures) — Seed, Series A
- Invest Detroit (https://capitalatlas.ai/funds/invest-detroit) — Series A
- Eaton Corporation plc — Series A
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Series A
- Flourish Ventures (https://capitalatlas.ai/funds/flourish-ventures) — Series A
- NVest Ventures — Series A
- Virta Ventures (https://capitalatlas.ai/funds/virta-ventures) — Series A
- Veriten (https://capitalatlas.ai/funds/veriten) — Series A