Marketplace / Other / Seed
SplitEV
“Connecting EV drivers to private charging stations for a seamless, decentralized charging network.”
Open round — SplitEV is raising $3.0M for its Seed
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Overview
Founded in 2021 by Abi Odugbesan, SplitEV was created to address the fragmentation and inefficiency of the current EV charging infrastructure. The company operates as a marketplace that allows homeowners, businesses, and fleet operators to share their private chargers, effectively turning residential and commercial outlets into a distributed, revenue-generating network.
Traction
as reported by the founderSplitEV is a Techstars accelerator program alumnus and has launched a mobile application for iOS to facilitate charger discovery, reservations, and payments.
Pitch deck
The founder has published a deck
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The platform solves the lack of reliable, accessible, and affordable public EV charging infrastructure by leveraging existing private charging assets, reducing range anxiety for drivers and providing passive income for property owners.
SplitEV utilizes a decentralized, peer-to-peer model that scales rapidly without the heavy capital expenditure required for traditional public charging station installation, combined with a proprietary subscription-based pricing model.
The company operates within the global electric vehicle charging infrastructure market, which is experiencing rapid growth due to the increasing adoption of electric vehicles.
Tesla, Electrify America, FLO, and other public EV charging network providers.
Company updates
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SplitEV — raising $3.0M
Deck · financials · founder contact