EVmatch Company Profile

Background

Mission and Vision

EVmatch is dedicated to accelerating electric vehicle (EV) adoption by making charging easy, reliable, and accessible to all. Their vision is to foster a distributed, equitable, and carbon-free energy economy that connects and elevates all people.

Primary Area of Focus and Industry Significance

Founded in 2016, EVmatch specializes in providing shared EV charging solutions, primarily targeting multi-family housing, commercial properties, and residential areas. By offering a peer-to-peer charging network, EVmatch addresses the growing need for accessible and reliable EV charging infrastructure, thereby contributing to the broader adoption of electric vehicles and the transition to sustainable transportation.

Key Strategic Focus

Core Objectives

• Expand Charging Infrastructure: Increase the availability of EV charging stations in underserved areas, particularly in multi-family and commercial properties.

• Enhance Accessibility: Provide user-friendly platforms for both charging hosts and EV drivers to facilitate seamless charging experiences.

• Support Sustainable Transportation: Promote the adoption of electric vehicles by ensuring convenient and reliable charging options.

Specific Areas of Specialization

• Multi-Family Housing Solutions: Develop and implement EV charging solutions tailored for apartment complexes and residential communities.

• Commercial Property Integration: Offer charging infrastructure that benefits businesses and their customers, enhancing property value and attracting eco-conscious clientele.

Key Technologies Utilized

• Mobile Application: An intuitive app that allows users to locate, reserve, and pay for charging sessions.

• Smart Charging Stations: Integration with advanced charging hardware, including Wallbox Pulsar Plus and Autel MaxiCharger, to ensure efficient and reliable charging.

• EVmatch Adapter: A handheld device developed in collaboration with Argonne National Laboratory that retrofits non-networked Level 2 charging stations, enabling them to support reservation-based sharing and smart charging capabilities.

Primary Markets Targeted

• Urban and Suburban Areas: Focus on regions with high concentrations of multi-family housing and commercial properties lacking sufficient charging infrastructure.

• Property Managers and Owners: Engage with stakeholders seeking to add EV charging amenities to attract and retain tenants or customers.

Financials and Funding

Funding History

EVmatch has secured funding through various grants and investments to support its growth and technological advancements. Notable funding includes:

• California Energy Commission Grants: Multiple grants awarded to support the development and deployment of EV charging infrastructure in California.

• Caltech Rocket Fund Grant: A 2019 grant that provided non-equity funding to support EVmatch's development of its multi-family EV charging software services platform.

• Echoing Green Climate Fellowship: A 2018 fellowship awarded to founder Heather Hochrein for launching and scaling EVmatch’s peer-to-peer EV charging network.

Total Funds Raised

While specific figures for total funds raised are not publicly disclosed, EVmatch has demonstrated a strong ability to attract funding from both public and private sources to support its mission.

Utilization of Capital

The capital raised has been utilized to:

• Develop and Enhance Technology: Improve the EVmatch mobile app and integrate with advanced charging hardware.

• Expand Charging Infrastructure: Deploy charging stations in strategic locations to meet growing demand.

• Support Operational Growth: Scale operations to manage an expanding network of charging stations and users.

Pipeline Development

Key Pipeline Candidates

• EVmatch Adapter: A handheld device that retrofits existing non-networked Level 2 charging stations, enabling them to support reservation-based sharing and smart charging capabilities.

Stages of Development

• Product Development: The EVmatch Adapter is in the final stages of development, with plans for deployment in collaboration with utility providers.

Target Conditions

• Non-Networked Charging Stations: Focus on upgrading existing charging infrastructure to support modern, shared charging capabilities.

Anticipated Milestones

• Deployment: Initial deployment of the EVmatch Adapter is planned for integration with utility providers' programs.

Technological Platform and Innovation

Proprietary Technologies

• EVmatch Adapter: A device that transforms non-networked Level 2 charging stations into smart, shareable units.

Significant Scientific Methods

• Collaboration with Argonne National Laboratory: Joint development of the EVmatch Adapter, leveraging advanced research to enhance EV charging infrastructure.

Leadership Team

Heather Hochrein – Founder and CEO

Heather is a cleantech leader with over fourteen years of experience in energy efficiency, renewable energy, electric utilities, and climate policy. She previously held senior leadership roles at Rising Sun Energy Center and holds a B.S. from UC Berkeley and a Master of Environmental Science and Management from UC Santa Barbara.

William Truesdell – Senior Product Manager

William brings more than 10 years of experience in vehicle electrification, public policy, and climate advocacy. Before joining EVmatch, he worked for state legislators at the Colorado General Assembly and as a campaign manager for renewable energy campaigns. He holds a B.A. from the University of Colorado, Boulder.

Craig Schwarzbaum – Account Executive

Craig's multidisciplinary career spans technology consulting, regenerative agriculture, and yoga teaching. He is committed to working towards a more sustainable future that builds up communities and focuses on solutions. He holds a B.S. in Finance and Environmental Studies from NYU.

Prasala Tuladhar – Sales and Operations Administrator

Prasala is passionate about sustainability, environmental education outreach, and customer success. She leads the company’s sales operations, station reliability, and customer success processes. She holds a B.S. in Environmental Science from Queens College, City University of New York (CUNY).

Greg Carr – Lead Software Engineering Consultant

Greg has over thirteen years of experience working with wide-ranging industries, supporting environmental non-profits, and leading digital activations for major brands. He holds a Bachelor of Arts in Studio Arts: Multimedia Design from Loyola Marymount University.

Kevin Wu – Software Engineering Consultant

Kevin is a full-stack software developer who leads EVmatch’s database design, Open Charge Point Protocol (OCPP) development, and integrations with EV supply equipment. He holds a Bachelor of Science in Computer Science and Geography from the University of California, Santa Barbara.

Michelle Matidios – Customer Experience Specialist

Michelle has crafted her customer service and tech support skills over the course of the last decade solving problems and creating happy customers in a wide range of industries. Outside of work, she is passionate about freediving and volunteers in coastal cleanup drives organized by local freediver groups.

Competitor Profile

Market Insights and Dynamics

The EV charging industry is experiencing rapid growth, driven by increasing EV adoption and the need for accessible charging infrastructure. The market is characterized by technological innovation, regulatory support, and a diverse range of players offering various solutions.

Competitor Analysis

• AmpUp: Provides EV charging management solutions for property owners and businesses, focusing on user-friendly interfaces and scalable infrastructure.

• ChargeLab: Offers a comprehensive EV charging platform that includes hardware, software, and services for managing charging stations.

• OnCharge: Develops intelligent EV charging systems using adaptive algorithms to optimize charging processes.

• Go To-U: Provides a platform for locating and reserving EV charging stations, aiming to simplify the charging experience for users.

Strategic Collaborations and Partnerships

• Autel Integration: EVmatch has integrated its software with Autel EV charging stations to support customer choice and advanced industry standards.

• COIL Partnership: Collaborates with COIL for nationwide installation services, ensuring reliable and efficient deployment of charging stations.

Operational Insights

EVmatch differentiates itself through its focus on shared charging solutions, catering to multi-family and commercial properties. The integration of the EVmatch Adapter allows upgrading existing non-networked charging stations to smart, shareable units, enhancing utilization and accessibility.