Optiwatt

Optiwatt

Track your EV spending! Monitor at-home EV charging costs and gas savings using your exact electricity rates.

Founded 2020

San Francisco, United States 35 employees Series A Total: $11.30M Analytics, Mobile +1

Optiwatt is a SaaS startup founded in 2020 and based in the United States. The company's slogan, "Track your EV spending! Monitor at-home EV charging costs and gas savings using your exact electricity rates," highlights its focus on empowering consumers to make informed decisions about their electric vehicle (EV) usage. One of the key features of Optiwatt's offering is the ability to connect home electricity rate data with EV battery metrics, providing users with a clear understanding of the cost of each charge. Additionally, Optiwatt offers charge forecasting to alleviate range anxiety for EV drivers. In September 2023, Optiwatt secured a significant $7.00M Series A investment from a consortium of prominent investors, including Navitas Capital, Urban Innovation Fund, GV, Active Impact Investments, Skyview Ventures, and Thin Line Capital. This infusion of capital not only provides financial backing for Optiwatt's continued growth and development but also signals a strong vote of confidence from respected players in the investment community. Optiwatt's innovative approach to integrating home electricity rates, EV charging metrics, and real-time gas prices represents a compelling solution in the rapidly expanding EV market. By providing users with visibility into the financial implications of their EV usage, Optiwatt is well-positioned to capture a significant share of this evolving space. With the support of its recent investors, Optiwatt is poised to further refine and expand its offerings, solidifying its presence as a leader in the intersection of energy, transportation, and consumer empowerment.

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$7.00M	6	Navitas Capital, Urban Innovation Fund +4	14 Sep 2023
Seed Round	$4.30M	4	Urban Innovation Fund, GV +2	25 Feb 2022

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$7.00M

Navitas Capital, Urban Innovation Fund +4

14 Sep 2023

Seed Round

$4.30M

Urban Innovation Fund, GV +2

25 Feb 2022

FAQ About Optiwatt

Track your EV spending! Monitor at-home EV charging costs and gas savings using your exact electricity rates.

Optiwatt was founded in 2020.

Optiwatt is headquartered in San Francisco, United States.

Optiwatt operates in Analytics, Mobile and SaaS. Its work centres on Electric Vehicle, Charging Costs, Gas Savings and EV Battery Metrics.

Optiwatt has approximately 35 employees.

Optiwatt has completed 2 funding rounds, raising a total of $11.30M. The latest funding stage is Series A.

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