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SWTCH

Series B

SWTCH provides EV charging management systems that enable property owners to deploy, manage, and monetize electric vehicle charging infrastructure. The company SWTCH Cortex platform unifies the entire hardware spectrum from Level 2 chargers to DC Fast chargers and smart outlets on a single intelligent platform, with automated load management and billing tools. The platform features advanced energy management that…

Energy Tech · Energy Storage Tech, · Toronto, Canada · EST 2018

About

SWTCH provides EV charging management systems that enable property owners to deploy, manage, and monetize electric vehicle charging infrastructure. The company SWTCH Cortex platform unifies the entire hardware spectrum from Level 2 chargers to DC Fast chargers and smart outlets on a single intelligent platform, with automated load management and billing tools. The platform features advanced energy management that allows properties to install more chargers at reduced cost by maximizing existing electrical capacity, a cloud-based management system for complete operational control, and local backup with 24/7 monitoring for reliability during internet outages. SWTCH serves multifamily residential properties, public and retail spaces, workplaces, parking facilities, and hotels. The driver experience includes iPhone and Android apps, a web app requiring no download, and tap-and-go RFID cards. SWTCH Care provides comprehensive 24/7 monitoring, maintenance, and support for maximum charger uptime. Founded in 2018 and headquartered in Toronto, Canada, SWTCH has raised approximately $42 million in Series B funding from investors including Constellation Technology Ventures, Blue Earth Capital, Alantra, Aligned Climate Capital, IBI Group, and SVB.

Business model

Electric Vehicles > Charging Solutions > Station Network > Charging > Station Management IT,

Energy Storage Tech > Charging > Station Management IT

Institutional investors

IBI GroupActive Impact InvestmentsCogito CapitalExport Development CanadaOntario Centre of InnovationBlue Earth CapitalAlantraAligned Climate CapitalProperty DeskElemental EnergyPacific ReachSVBConstellation Technology VenturesMaRS Discovery DistrictUrban Future Lab

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