Flipturn raises $4.5 million in seed funding for fleet EV charging management system

Commercial fleets are rapidly electrifying, especially in California, which recently announced a mandate for fleets to transition to zero-emission vehicles. However, electrification is uncharted territory for most fleet operators, and there’s a growing ecosystem of companies that provide charging infrastructure management services to help them with the transition.

One of these is Flipturn. The company’s Flipturn Connect is a unified EV fleet operations platform that provides cross-system visibility across fleets’ vehicles, chargers and related systems.

With Flipturn, fleet operators can:

  • Monitor location and state of charge for all vehicles, and track the availability and status of all chargers.
  • Set charging schedules automatically to make sure vehicles are ready when needed, while also minimizing electricity costs through charger power management.
  • Analyze kWh per mile and cost per mile across vehicles and trips, coach drivers on ways to increase efficiency using historical data, and identify ways to decrease energy usage.
  • Configure custom alerts for when a vehicle is low on energy, a charging session has ended, and more.

‍Flipturn recently raised $4.5 million in a seed funding round led by Accel with support from Comma Capital, Background Capital and over thirty additional angel investors. The company will use the new funds to build out its product and marketing team.

“The data Flipturn provides us will be critical to manage our day in real time, along with assisting our team in the more efficient operation of our new BEV vehicles,” said Brad Bayne, Vice President of Strategic Initiatives at 4 Gen Logistics. “Flipturn lets us manage our whole operation in one place along with providing us great KPI data to reduce costs while improving operations.”

Source: Flipturn

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