itselectric, founded in 2021, is an emerging player in the energy and clean energy sectors, headquartered in the United States. With the compelling slogan "Cars. Powered by Buildings.", this startup aims to transform urban landscapes by facilitating curbside electric vehicle (EV) charging.
The company's innovative approach involves partnering with property owners to utilize unused electricity, thereby offering them a chance to earn a passive income. This strategy not only enhances access to affordable public charging stations but also supports cities in adopting EVs, resulting in cleaner air and healthier communities.
Despite the need for regulatory approvals, such as in New York City, itselectric recently secured a $6.50M Seed Round investment. Notable investors include Halogen Ventures, The Helm, Gratitude Railroad, and Uber, showcasing significant confidence in their mission.