Tech Company Financing Transactions
SWTCH Energy Funding Round
SWTCH Energy, based in Toronto ON, secured $850 thousand in funding from IBI, Active Impact Investments and Cogito Capital.
Transaction Overview
Company Name
Announced On
8/31/2020
Transaction Type
Venture Equity
Amount
$850,000
Round
Seed
Investors
IBI (Lead Investor) (Scott Stewart)
Proceeds Purpose
SWTCH plans to use its seed financing to expand its product offering to metropolitan areas across North America, with the aim of establishing itself as a leading EV charging and energy management company for high-density urban areas.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
64 Fraser Ave.
Toronto ON, M6K 1Y6
Canada
Toronto ON, M6K 1Y6
Canada
Phone
Website
Email Address
Overview
SWTCH provides turnkey solutions for electric vehicle (EV) charging and energy management, designed specifically for multi-tenant buildings. Our smart EV charging platform streamlines the charging experience for drivers while optimizing usage and revenue for building owners.
Management Team
Title
Name
Email & Social
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Our team works diligently to record every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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