- Acquired by SolarEdge Technologies, Apr 2024
- Raised funding round led by SolarEdge Technologies, Jun 2023
About
Wevo Energy is developing a software platform designed to optimize EV charging. The company’s cloud-based platform enables charge-point operators and facility owners to easily and effectively manage EV charging at apartment complexes, workplaces, commercial properties, and charging destinations.
Wevo’s load-management technology maximizes existing building infrastructure by intelligently allocating power where and when it’s needed most, allowing sites to install more charging stations without expensive infrastructure upgrades. The company’s smart algorithms learn drivers’ behaviors and create an optimal charging schedule, charging when rates are lowest and ensuring that each vehicle is fully charged by the time it is needed.
Funding history · 1 round · — total
Q&A
- What is Wevo Energy's primary business?
- Wevo Energy develops a software platform designed to optimize EV charging, enabling charge-point operators and facility owners to manage EV charging at various properties.
- When was Wevo Energy founded?
- Wevo Energy was founded in January 2022.
- What is Wevo Energy's current status?
- Wevo Energy is currently active, but its status reason indicates it was acquired by SolarEdge Technologies in April 2024.
- How many employees does Wevo Energy have?
- Wevo Energy has 11-50 employees.
- What is Wevo Energy's primary sector?
- Wevo Energy's primary sector is Energy Tech.
- Which company acquired Wevo Energy?
- Wevo Energy was acquired by SolarEdge Technologies in April 2024.
- When did Wevo Energy receive its last known funding?
- Wevo Energy received funding in June 2023 from SolarEdge Technologies.
- What technologies does Wevo Energy utilize in its solutions?
- Wevo Energy utilizes Platforms & Interfaces, Mobile, and Artificial Intelligence technologies.
Team · 1
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/79999186 | |
| YouTube | youtube.com/channel/UCwBpp5pV4TJu77LRvrt0R7Q |
Identifiers & details
| Founded | 2022-1 |
|---|---|
| Employees (exact) | 28 |
| Status reason | Acquired (Inactive) by SolarEdge Technologies on Apr 2024 - closed due to acquisition |
Acquisitions & public offerings
Acquired by SolarEdge Technologies 2024-04