About this organization
Organization Name: WeaveGrid
Organization Solution and Services
-
EV & Mobility, Charging Stations
- Software Solutions
Organization Types:
- Organization Size: Revenue in the 10M-100M range
- Organization Years In business: 5-10 Years
Revenue: $14.6 Million
Organization Information : Founded in 2018, WeaveGrid brings together utilities, OEMs, and EV drivers in the journey to electrify transportation by utilizing world-class software, machine learning, and data technology. By sitting at the intersection of the energy and automotive transitions, WeaveGrid is uniquely positioned to ensure the pending wave of EVs come online as an asset to the electric grid instead of a liability.Our mission is to drive rapid decarbonization at the intersection of transportation and energy. We believe that integrating and transforming these two established industries is key to addressing climate change.WeaveGrid was born from the idea that transportation electrification, and thus decarbonization, depend on the integration of the utility and automotive sectors.WeaveGrid is focused as a developer of software solutions for thescalable deployment of electric vehicles (EVs) on the electric grid
Other Information: Founded in 2018 and headquartered in San Francisco, California, WeaveGrid specializes in software solutions that facilitate the integration of electric vehicles (EVs) with the power grid. By leveraging machine learning, optimization, and predictive analytics, their platform addresses EV-grid integration challenges, supports renewable energy adoption, and offers cost savings for utility customers. WeaveGrid collaborates with utilities, automakers, EV service equipment providers, and EV owners to drive the decarbonization of transportation and energy sectors. The company has secured significant funding, including a $35 million Series B round in November 2022, led by Salesforce Ventures. Notable investors also include Woven Capital, Hyundai Motor Group, and Toyota's growth fund. As of 2024, WeaveGrid employs approximately 94 people and has been recognized in the Global Cleantech 100.