logo
logo

Stable Surpasses 70 Million Ev Charging Data Points Analyzed And Series A Round

Sep 14, 2022•almost 3 years ago

Round Type

series a

San FranciscoSoftware

Description

Stable, an EV charging data analysis platform, has now used its proprietary prediction software to analyze 70 million data points for prospective charging site locations across the U.S., and completed its Series A funding round. Lead investor Congruent Ventures is joined by Homecoming Capital and Ironspring Ventures this round, along with seed investors Trucks Venture Capital, Ubiquity Ventures, E14 Fund, Ahoy Capital, Upside Partnership, Qasar Younis and others–bringing total funds raised to $14 million.

Company Information

Company

Stable

Location

San Francisco, California, United States

About

Stable accelerates investments in EV infrastructure by making them predictable and effective, paving the way for EV adoption in every corner of the globe. Stable’s enterprise software platform–powered by comprehensive datasets from thousands of EV chargers across the United States and precision machine learning–solved a major roadblock to widespread EV adoption, demonstrating for the first time that not only can EV charging be predicted, it can be improved by carefully optimizing energy rates, equipment size, and location. Now, anyone can make informed decisions about EV infrastructure before chargers are even installed, to make multi-million dollar investments profitable and improve the chances of a more sustainable future for transportation. Stable is currently working with major utilities, charging networks, banks, and infrastructure developers across the U.S. http://stable.auto.

Related People