SWTCH logo — Smart Charging for Busy Buildings

SWTCH

Smart Charging for Busy Buildings

Founded 2016 Canada Toronto, Canada 111 employees Series B Total: $45.84M Energy, Renewable Energy

General Information

Company Name SWTCH
Founded Year 2016
Location Canada Toronto, Canada
Employees 111
Industries Energy, Renewable Energy
Funding Stage Series B
Social

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About SWTCH

SWTCH is a Canadian startup with the slogan "Smart Charging for Busy Buildings." Founded in 2016, SWTCH operates in the Energy and Renewable Energy industries. The company has recently secured a noteworthy $27.20M Series B investment on 18 April 2024. The funding came from a consortium of prominent investors including Active Impact Investments, Alantra Private Equity, GIGA Investments Corp, and Blue Earth Capital. SWTCH is at the forefront of pioneering EV charging solutions for multifamily and commercial properties across North America. Its focus on optimizing energy usage and revenue at scale using existing grid infrastructure positions it as a compelling player in the evolving EV charging market.

Taxonomy: EV charging, electric vehicle, energy management, smart charging, revenue optimization, grid infrastructure, multifamily properties, commercial properties, workplace properties, energy usage, building owners, building operators, electrical infrastructure, technology, North America

Funding Rounds & Investors (11)

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Funding Stage Amount Investors Lead Investors Date
Series B $27.20M 4
Active Impact Investments, Alantra Private Equity +2
18 Apr 2024
Series A $10.00M 7
Active Impact Investments, Aligned Climate Capital +5
27 Apr 2022
Debt Financing $3.00M 1
Silicon Valley Bank Canada
27 Apr 2022
Seed Round $2.40M 2
Active Impact Investments, GIGA Investments Corp
22 Feb 2021
Pre Seed Round $1.10M 6
Active Impact Investments, Cogito Capital Entree Capital +4
26 Aug 2020
Grant $1.00M 1
Natural Resources Canada
19 Oct 2019
Grant $415.00K 1
Independent Electricity System Operator
15 Jun 2019
Grant $100.00K 1
Natural Resources Canada
07 Feb 2019
Grant $25.00K 1
DMZ
24 Sep 2018
Grant $350.00K 1
Ontario
26 Mar 2018

View All 11 Funding Rounds

SWTCH Alternatives & Competitors

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SWTCH vs
eMotorWerks, Inc
eMotorWerks, Inc United States

An Enel X Company, providing JuiceBox™ smart electric vehicle chargers across the world.

Grant
6 employees
Energy, Renewable Energy
SWTCH vs

Empowering utilities with real-time energy insights and seamless SmartMeter integrations over public...

Debt Financing
Energy, IT
SWTCH vs
Bovlabs
Bovlabs France

Unlocking the hidden value of electric vehicles through smart charging and vehicle-to-grid.

15 employees
Energy, Information Technology

FAQ About SWTCH

Smart Charging for Busy Buildings
SWTCH was founded in 2016.
SWTCH is headquartered in Toronto, Canada.
SWTCH operates in Energy and Renewable Energy. Its work centres on EV charging, electric vehicle, energy management and smart charging.
SWTCH has approximately 111 employees.
SWTCH has completed 11 funding rounds, raising a total of $45.84M. The latest funding stage is Series B.
Top alternatives and competitors to SWTCH include eMotorWerks, Inc, SmartSynch, Bovlabs , Ice Energy, Entrix. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SWTCH and eMotorWerks, Inc are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SWTCH, https://bouncewatch.com/company/swtch, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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