EVenergi offers a comprehensive, integrated solution for decarbonising complex fleets with its BetterFleet software platform, already deployed in North America, Australia, and Europe
EVenergi recently announced the first close of its USD$10 million Series A funding round, led by Aligned Climate Capital, to drive the expansion of its BetterFleet software platform. BetterFleet provides fleet operators with a single platform to plan, manage, and accelerate the transition to zero-emission vehicles while reducing cost and risk.
Across the public and private sectors, fleet operators, including transit agencies, municipal governments, logistics operators, and utilities, have committed to decarbonising hundreds of thousands of vehicles as early as 2030 to meet emissions reduction goals. However, there are still significant hurdles to successfully transitioning to 100% zero-emission vehicles, from upfront costs to selecting the right technology, route planning, resilience, utility upgrades, and energy management.
Using real-world data and road-tested algorithms, the BetterFleet platform from EVenergi simplifies planning through automation in charger and vehicle selection, utility infrastructure sizing, and optimisation of operational planning. The platform also manages the fleet’s live charging and operations to ensure financial and sustainability goals are met in a way that does not disrupt the core duties of the fleet while minimising impact on the electricity grid. This is made possible by BetterFleet’s “digital twin” and machine learning technologies that simulate fleet operations with the highest degree of accuracy and optimise ongoing performance.
“We saw a gap between sustainability goals and the realities of operating vehicle fleets in the shift to zero emissions. Transitioning to EVs is capital intensive and complex, and our software simplifies the process while decreasing costs. Now fleet managers can use a single platform to plan and manage zero-emission fleets for the first time,” says Daniel Hilson, Founder and CEO of EVenergi (pictured). “This partnership with Aligned is key to accelerating the continued development of our software solutions as we expand into new and existing markets.”
The investment from Aligned will support the growth of EVenergi’s international presence through the growth of its team, software research and development, marketing, and go-to-market expansion. To date, BetterFleet has supported the decarbonisation of over 60,000 vehicles worldwide in more than 200 fleets, including major fleets in London, New York, Seattle, Detroit, Honolulu, Sydney, Melbourne, and more.
Aligned will join EVenergi Labs Inc.’s Board of Directors with this investment.
“EVenergi is well-positioned to be a market leader in fleet decarbonisation thanks to its one-stop shop for planning and managing fleets, international track record, and hardware agnostic solution. BetterFleet will also dramatically expand the reach of funding for infrastructure by minimising the amount of infrastructure and optimising when it uses the grid,” says Peter Davidson, CEO of Aligned Climate Capital.
