Weave Grid
Latest round
- Series B
Last raised
- Nov 2022
Total raised
- $50M
Investors
- 10
About Weave Grid
Based in US, Weave Grid, Inc. specializing in innovative electric vehicle (EV) charging management solutions, facilitating the transition to an all-electric future through optimized energy use and grid stability solutions. Founded in 2018 by co-founders Apoorv Bhargava and John Taggart in California, US, Weave Grid, Inc. develops advanced electric vehicle charging systems. In January 2025, Weave Grid, Inc. WeaveGrid specializes in advanced electric vehicle (EV) charging management solutions aimed at facilitating the transition to an all-electric future. Their core offerings include grid-interactive electric vehicle charging systems designed to optimize energy use while ensuring grid stability. These services function by allowing utilities to manage EV charging patterns, integrating with various EV models, and utilizing data analytics to enhance the user experience. WeaveGrid collaborates with major automotive companies such as Toyota, Hyundai, and Kia, focusing on a client base that includes utility companies, EV manufacturers, and end users—namely, EV drivers.WeaveGrid generates revenue through strategic partnerships and subscription models primarily with utility providers and automotive manufacturers. Their business transactions typically revolve around providing managed charging solutions to utilities, which then incentivize EV drivers to adopt these services through rebates or other benefits. These partnership agreements may incorporate performance-based pricing structures, aligning incentives among stakeholders to improve grid functionality and user satisfaction. The company's flagship offerings, such as their EV managed charging platform and associated reward programs, are central to these transactions, ensuring a steady stream of revenue from ongoing service agreements.
Who invested in Weave Grid
10 investors across 2 rounds
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Questions about Weave Grid
Who invested in Weave Grid?
Weave Grid has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Weave Grid raised?
Weave Grid has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Weave Grid last raise money?
Weave Grid's most recent round on record is a Series B, in Nov 2022.
What does Weave Grid do?
Weave Grid is a software company.
Where is Weave Grid headquartered?
Weave Grid is headquartered in San Francisco, US.
Which VCs invest in companies like Weave Grid?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Weave Grid's stage. Their profiles are linked below.
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