Base10 Partners

Assembly Line

Monterra Raises $2.5M Series Pre-Seed to Accelerate EV Charging Design & Planning

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Monterra Technology, Base10 Partners

Monterra, a software company automating the design and planning of EV charging installations, has raised a $2.5M Pre-Seed round. The company will leverage the funds to accelerate its work of speeding up the deployment of EV charging installations with automation and AI. The round was led by Base10 Partners, and with participation from Future Climate Venture Studio, Very Serious Ventures, and a handful of other angel investors, including some of Monterra’s early customers.

Monterra is building design & proposal software for EV charging installers. By using Monterra to build virtual estimates in a matter of minutes, installers reclaim many hours wasted on manual work and win more sales. Monterra also helps installers digitize the on-site data collection process with its mobile app. Since their launch in August, Monterra has onboarded a number of electrical contractors and EV charging providers onto its platform.

Read more at PR Newswire