EV Realty

Develops and operates EV charging hubs

San Francisco, California, United States

About EV Realty

EV Realty focuses on developing and managing electric vehicle (EV) charging hubs specifically for commercial fleet operators. These charging hubs, known as Powered Properties™, are strategically located where fleets already operate, ensuring a reliable and expandable power supply. This approach helps address the challenges posed by strained electrical grids in the growing electrified transportation sector. EV Realty generates revenue by installing EV chargers at commercial sites and through utility investment projects, while also contributing renewable energy to the electric grid. The company's goal is to create sustainable infrastructure that supports the transition to electric vehicles, making it a significant player in the EV infrastructure market.

San Francisco, CaliforniaHeadquarters
2021Year Founded
$27.2MTotal Funding
EARLY_VCCompany Stage
Automotive & Transportation, Consulting, EnergyIndustries
11-50Employees

Risks

Competition from established players like ChargePoint and EVgo is intensifying.
Potential delays in grid upgrades could hinder new charging hub deployments.
Rising raw material costs may increase expenses for building new charging stations.

Differentiation

EV Realty's Powered Properties™ are strategically located for optimal fleet operations.
The company integrates renewable energy into its charging infrastructure, enhancing sustainability.
EV Realty's leadership includes former Tesla Supercharger Development Lead, Ben Prum.

Upsides

Growing demand for EV infrastructure aligns with EV Realty's strategic focus on urban hubs.
Government incentives for EV infrastructure provide financial support for EV Realty's projects.
Partnerships with renewable energy providers enhance the sustainability of EV Realty's solutions.

Funding

Total raised$27.24 M
Latest valuation$140.00 M
StageEARLY_VC