USA – Stable, a San Francisco, CA-based EV charging data analysis platform provider, completed its Series A funding round which brought total funding to $14m.
Lead investor Congruent Ventures is joined by Homecoming Capital and Ironspring Ventures this round, along with seed investors Trucks Venture Capital, Ubiquity Ventures, E14 Fund, Ahoy Capital, Upside Partnership, Qasar Younis and others. The company intends to use the funds to accelerate the hiring of data scientists and engineers. Co-founded by MIT Media Lab alumni Rohan Puri and Jamie Schiel, Stable accelerates investments in EV infrastructure by making them predictable and effective. Its enterprise software platform–powered by comprehensive datasets from thousands of EV chargers across the United States and precision machine learning–allows users to predict and improve EV charging by optimizing energy rates, equipment size, and location. The company is currently working with major utilities, charging networks, banks, and infrastructure developers across the U.S. 27/09/2022
