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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.
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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
Ranked
Employee Count
58 as on Aug 31, 2026
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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
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Elocity's founders and board of directors

Founder? Claim Profile
The founders of Elocity are Tony Stewart and Sanjeev Singh. Sanjeev Singh is the CEO of Elocity.
Here are the details of Elocity's key team members:

Elocity's employee count trend

Elocity has 58 employees as of Aug 26. Here is Elocity's employee count trend over the years:
Employee count trend for Elocity
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wallbox
Wallbox
2015, Barcelona (Spain), Public
Provider of electric-vehicle charging solutions
$70.2M
78/100
2nd
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
3rd
Logo for Ev.energy
Ev.energy
2018, London (United Kingdom), Series B
Developer of software for managing electric vehicle charging grid loads
$46M
74/100
4th
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
73/100
5th
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
72/100
6th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
71/100
7th
Logo for myenergi
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
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
70/100
9th
Logo for Bidgely
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
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
69/100
1441st
Logo for Elocity
Elocity
2018, Toronto (Canada), Seed
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

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