Stable Auto, founded in 2017 and headquartered in the United States, is driving the future of electric vehicle (EV) infrastructure by leveraging data for smarter investment decisions. With the slogan "Data-backed siting and pricing to maximize EV charger ROI," the company offers software solutions to EV charging companies for optimal placement and pricing of their assets.
The company's platform is powered by over four years of extensive utilization data from tens of thousands of chargers, data that has been fundamental to supporting investments exceeding $5 billion. This enables stakeholders such as charging networks, infrastructure developers, and financial institutions to improve their return on investment (ROI) and contribute to the financial sustainability of the EV charging industry.
Stable Auto secured a $14.00M Series A investment on 14 September 2022, backed by investors including Congruent Ventures, E14 Fund, Ironspring Ventures, and others, solidifying its position as a key player in the Transportation and Energy Storage sectors.