Monta Company Research Report

Company Overview

• Name: Monta ApS

• Mission: Monta aims to empower people and businesses to transition to electric vehicles through effortless charging, contributing to a cleaner and healthier planet.

• Founded: 2020 by Casper Rasmussen and Anders Pedersen.

• Key People:

• Casper Rasmussen, CEO

• Headquarters: 3rd floor, office 3-02, Shortlands, London W6 8DA, United Kingdom

• Number of Employees: 290 employees

• Revenue: No specific revenue figures available

• Known For: Monta is known for its comprehensive and innovative EV charging platform that connects the dots in the EV charging ecosystem, providing solutions to drivers, businesses, cities, and the electricity grid.

Products

Monta Hub

• Description: A market-leading CPMS designed for top-tier performance and scalability in EV charging management. It provides features like roaming, subscriptions, real-time monitoring, and support.

• Key Features:

• Total control over EV chargers

• Integration with over 600 supported hardware models

• Sophisticated pricing and energy distribution options

• Self-healing algorithms for charger stability

Monta Charge

• Description: A smart EV charging app that gives drivers control over their charging both at home and on-the-go.

• Key Features:

• AutoCharge functionality

• Dynamic pricing and smart booking

• Energy consumption optimization

• Car integration for battery monitoring

Supporting Software Solutions

• Hardware Portal: Focuses on improving EV charger quality and operational excellence.

• Partner Services: Allows creation of custom white-label solutions.

Recent Developments

• Recent Developments in the Company:

• In 2023, Monta launched into the Spanish market, obtained B Corp certification, and formed a partnership with Siemens.

• In 2024, Monta successfully raised €80 million in Series B funding aimed at further expansion and doubling its team size.

• New Products/Features Launched:

• AutoCharge and PowerBank features were introduced to improve the convenience and reliability of EV charges.

• Virtual SolarCharge feature was launched for home EV charging with solar energy.

• New Partnerships:

• Partnership with Siemens as their preferred EV charging software provider.

• Collaborations with companies like Norlys, Rolec EV, and Uno-X to expand fleet, home, and work charging solutions.

This detailed report on Monta focuses on their strengths in being a market leader in the EV charging industry, their product suite designed to enhance user experience, and their strategic direction towards a sustainable and expansive future in mobility electrification.