Electriphi, a supplier of charging management and fleet monitoring software program for electric automobiles, has joined the scrum of startups looking to present services to the rising variety of electric vehicle (EV) fleets in the U.S.
The San Francisco-based firm has raised $3.5 million in seed funding from traders along with Wireframe Ventures, the Urban Innovation Fund, and Blackhorn Ventures. Lemnos Labs and Acario Innovation participated in the round.
Electriphi’s pitch has resonated with school districts. It considers the Twin Rivers Unified School District in Sacramento, Calif. as one of its benchmark clients.
Several firms are pursuing this market — all with both a bit of a head start, crucial corporate backers, or more capital. Current offerings from EVConnect, GreenLots, GreenFlux, AmplyPower all battle with Electriphi.
The corporation is betting that the experience of co-founder, Muffi Ghadiali, a former senior director at ChargePoint who led hardware and software improvement for fast charging infrastructure, can sway clients. Becoming a member of Ghadiali is Sanjay Dayal, who previously worked at Agralogics, Tibco, Xamplify, Versata, and Sybase.
There’s the sheer scale of the opportunity, which is likely to see multiple firms emerge as winners.
“There are thousands of public and business fleet autos within the U.S. alone that we rely on day by day for transportation, delivery, and providers, ” stated Paul Straub, managing partner, Wireframe Ventures.