C

chargelab

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Company Domain www.chargelab.co link_icon
lightning_bolt Market Research

Overview



ChargeLab is a distinguished provider of electric vehicle (EV) charging software solutions, headquartered in Toronto, Ontario. The company specializes in creating an operating system for EV chargers, designed to integrate with a variety of hardware platforms, and emphasizes optimizing and managing EV charging infrastructure.

Founding and Mission



Founded in 2016, ChargeLab's mission is to develop scalable EV charging solutions that allow for rapid and cost-effective deployment of EV chargers. The company seeks to make EV charging seamless and reliable by optimizing grid capacity usage, reducing costs, and minimizing carbon footprints.

Leadership Team



  • Zak Lefevre: Founder and CEO, notable for steering ChargeLab through significant growth in the EV industry.

  • Shaun Stewart: President, bringing extensive leadership experience from his previous CEO role at Newlab.

  • Kevin Alfred: Vice President of Finance, with over a decade of experience in cleantech accounting.

  • Ariel Maidansky: Head of Growth, with 12 years of expertise in entrepreneurship and business development.


Products and Services



ChargeLab provides a range of comprehensive EV charging solutions, such as:
  • Charger Station Management System (CSMS): A centralized control hub that connects and manages EV chargers.

  • Enterprise Solutions and Turnkey Installations: Including hardware, software, and installation services for multi-family apartments, public spaces, and commercial establishments.

  • White-labeling: Capability to allow businesses to apply custom branding.

  • ChargeLab App: A user-friendly interface for managing EV charging needs.


Strategic Partnerships and Industry Position



Positioning itself as a key player in the OCPP (Open Charge Point Protocol) software domain, ChargeLab has partnered with Hubject to enhance the EV charging experience using ISO 15118 standards. This collaboration aims to deliver seamless vehicle-based authentication and support various CPOs (Charge Point Operators) and EMSPs (eMobility Service Providers) across North America.

Financial Highlights



ChargeLab has raised a total of $30 million across six funding rounds, with the most recent Series A round on May 14, 2023, securing US $10 million. Key investors include Eaton Electrical and Silver Comet Energy.

Recent Developments



To support expanding operations, ChargeLab is actively recruiting in engineering and partnerships. Leadership expansions include Kevin Alfred's appointment as VP of Finance and Ariel Maidansky as Head of Growth in March 2024.

Contact Information



  • Mailing Address (US): 1049 El Monte Ave, Suite C #592, Mountain View, CA 94040

  • Mailing Address (Canada): 122 Judge Rd, Etobicoke, ON M8Z 5B7

  • Phone: 1 (800) 636-0986

  • Email: hello@chargelab.co



Competitor Profiling



ChargeLab operates within a competitive EV charging industry, facing key competitors like ChargePoint, EVgo, Blink Charging, and Driivz, each offering differentiated services and extensive market penetration.

Key Competitors



1. ChargePoint: A dominant provider with a vast EV charging network, operating across multiple global markets. ChargePoint focuses on delivering both hardware and cloud-based services, certified for energy efficiency by ENERGY STAR®.

2. EVgo: The largest public fast charging network in the U.S. EVgo prioritizes accessibility and affordability, using 100% renewable energy. Leadership under CEO Badar Khan aims to expand infrastructure and support services.

3. Blink Charging: Provides EV charging equipment and network management services globally. Blink emphasizes sustainability and innovation to drive EV adoption under the leadership of Brendan Jones.

4. Driivz: Offers advanced EV charging and smart energy management software. As part of Vontier Corporation, Driivz supports significant players like EVgo and Shell in optimizing energy consumption.

Market Position and Innovations



ChargeLab is identified as a Challenger in the EV market, setting itself apart through its integration-focused approach catering to clients seeking customizable and interoperable solutions. Despite its smaller size compared to giants like ChargePoint, ChargeLab's niche focus holds strong market potential.

Strategic Insights



ChargeLab can enhance its market appeal by developing partnerships with automotive manufacturers or government bodies and aligning with sustainability initiatives similar to those embraced by its competitors. Continued emphasis on interoperability and customization will help ChargeLab maintain a competitive edge in the evolving EV landscape.
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