Elocity - About the company
Elocity is a seed company based in Toronto (Canada), founded in 2018 by Tony Stewart and Sanjeev Singh. It operates as a Provider of smart electric vehicle charging solutions and related technologies. Elocity has raised $30K in funding from Accelerator Centre and Sustainable Development Technology Canada. The company has 5622 active competitors, including 732 funded and 490 that have exited. Its top competitors include companies like Wallbox, Landis+Gyr and Ev.energy.
Company Details
Provider of smart electric vehicle charging solutions and related technologies. The company offers software, hardware, and telematics for electric vehicle charging. It provides solutions for multi-unit residential buildings, electric utilities, public charging stations, fleets, workplaces, and single-family homes. The company’s offerings include open charge point protocol certified charging technology.
- Website
- elocitytech.com
- Email ID
- *****@elocity.ca
- Phone Number
- +1 **********
- Registered Address
- PRESTIGE SHANTINIKETAN, TOWER-B, 15TH FLOOR WHITEFIELD MAIN ROAD, Bangalore, BANGALORE, Karnataka, India, 560048
Key Metrics
Founded Year
2018
Location
Toronto, Canada
Stage
Seed
Total Funding
$30K in 2 rounds
Latest Funding Round
Investors
Ranked
1441st among 5622 active competitors
Employee Count
58 as on Aug 31, 2026
Legal entities associated with Elocity
Elocity is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Elocity Technologies India Private Limited CIN: U72900KA2019FTC141658 , India, Active | Sep 13, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Elocity's funding and investors
Elocity has raised a total funding of $30K over 2 rounds. Its first funding round was on Feb 11, 2019. Its latest funding round was a Seed round on Jul 21, 2020 for $*****. 1 investor participated in its latest round. Elocity has 2 institutional investors.
Here is the list of recent funding rounds of Elocity:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 21, 2020 | 1120348 | Seed | 2865842 | 5051772 | 6410548 | 1468063 |
Feb 11, 2019 | 1537447 | Seed | 4617106 | 2653660 | 4587053 |
View details of Elocity's funding rounds and investors
Elocity's founders and board of directors
Founder? Claim ProfileHere are the details of Elocity's key team members:
- Tony Stewart: Co-Founder & CXO of Elocity.
- Sanjeev Singh: Founder & CEO of Elocity. Contact Info: 2 email addresses
View details of Elocity's Founder profiles and Board Members
Elocity's employee count trend
Elocity has 58 employees as of Aug 26. Here is Elocity's employee count trend over the years:
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Elocity's Competitors and alternates
Top competitors of Elocity include Wallbox, Landis+Gyr and Ev.energy. Here is the list of Top 10 competitors of Elocity, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of electric-vehicle charging solutions | $70.2M | 78/100 | ||
2nd | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 77/100 | |
3rd | Ev.energy 2018, London (United Kingdom), Series B | Developer of software for managing electric vehicle charging grid loads | $46M | 74/100 | |
4th | Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 73/100 | |
5th | SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 72/100 | |
6th | Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 71/100 | |
7th | myenergi 2016, Market Rasen (United Kingdom), Series C | Manufacturer of eco-smart home energy management and electric vehicle charging products | $36.8M | 71/100 | |
8th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 70/100 | |
9th | Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 69/100 | |
10th | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
1441st | Provider of smart electric vehicle charging solutions and related technologies | $30K | 29/100 |
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Elocity's Investments and acquisitions
Elocity has made no investments or acquisitions yet.
Reports related to Elocity
Here is the latest report on Elocity's sector:
News related to Elocity
•
Auchan and Elocity launch a charging hub powered by photovoltaic panels in RumiaInwestycje.pl•Mar 20, 2025•Auchan, Elocity
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Auchan and Elocity launched a charging hub powered by photovoltaic panels in RumiaInwestycje.pl•Mar 19, 2025•Auchan, Elocity
•
Elocity: The number of charging points visible in the application increased to 4,464 at the end of 2024gospodarka.sos.pl•Jan 24, 2025•Elocity
•
Powerdot charging stations have been made available in the Elocity applicationInwestycje.pl•Oct 24, 2023•Elocity, PowerDot
•
•
Kerala Electricity Board And Elocity Launch EV Charging Network In The StateCarandbike•Jun 14, 2022•KSEB, Elocity
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Prity Singh Appointed Managing Director of India Operations for ElocityElectronicsB2B•Apr 23, 2021•Elocity, Vedanta, General Electric
•
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