When was SWTCH founded?

SWTCH was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is SWTCH located?

SWTCH is headquartered in Toronto, Canada.

Which legal entities is SWTCH associated with?

SWTCH is associated with Swtch Energy Inc..

How many employees does SWTCH have?

As of Jul 31, 2026, the latest employee count at SWTCH is 122.

Is SWTCH a funded company?

SWTCH is a funded company, having raised a total of $42M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 13, 2019.

When was the latest funding round of SWTCH?

SWTCH's latest funding was a $***** Series B round on Jun 05, 2025, with participation from 1 investor.

Where does SWTCH rank among its competitors?

SWTCH ranks 11th amongst 457 active competitors, of which 97 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Weave Grid, which secured an undisclosed amount in Sep, 2025.

Who are the top competitors of SWTCH?

SWTCH's top competitors include Monta, Ev.energy and ChargePoint. Among them, Weave Grid secured the most recent funding round in September, 2025.

SWTCH - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of EV charging management systems. Its features include an EV charging platform that optimises charging and revenue management for property owners. It networks chargers with the internet to enable remote monitoring, access control, energy metering, billing and payments. Its app enables the monitoring and management of charging. It is available across both Android and iOS platforms.

Website: swtchenergy.com
Social
Email ID: *****@swtchenergy.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Toronto, Canada

Stage

Series B

Total Funding

$42M in 6 rounds

Latest Funding Round

Series B, Jun 05, 2025, $*****

Investors

IBI Group & 19 more

Ranked

11^th among 457 active competitors

Employee Count

122 as on Jul 31, 2026

Similar Companies

Monta & 480 more

View SWTCH's full profile

SWTCH is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Swtch Energy Inc. CIN: 5880747 , United States, Active	Nov 18, 2020	-	33 (As on Dec 31, 2024)	-

SWTCH has raised a total funding of $42M over 6 rounds. Its first funding round was on Nov 13, 2019. Its latest funding round was a Series B round on Jun 05, 2025 for $*****. 1 investor participated in its latest round. SWTCH has 20 institutional investors.

Here is the list of recent funding rounds of SWTCH:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 05, 2025	8118177	Series B	8653287	3097138	8737462	5958050
Apr 18, 2024	5859897	Series B	6973739	8473768	9306310	Alantra & 1 more
Apr 27, 2022	3006875	Conventional Debt	2892889	9684054	8923244	SVB

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View details of SWTCH's funding rounds and investors

SWTCH's employee count trend

SWTCH has 122 employees as of Jul 26. Here is SWTCH's employee count trend over the years:

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Top competitors of SWTCH include Monta, Ev.energy and ChargePoint. Here is the list of Top 10 competitors of SWTCH, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Monta 2020, Copenhagen (Denmark), Series B	SaaS-based platform for charging station management	$142M	Energize Capital, Creandum & 11 others	75/100
2nd	Ev.energy 2018, London (United Kingdom), Series B	Developer of software for managing electric vehicle charging grid loads	$46M	National Grid Partners, Energy Impact Partners ... & 45 others	74/100
3rd	ChargePoint 2007, Campbell (United States), Public	Manufacturer of electric vehicle charging hardware and provider of software	$554M	Kleiner Perkins, Mercedes-Benz & 50 others	73/100
4th	Bolt.Earth 2017, Bengaluru (India), Series A	Provider of electric vehicle charging hardware, software, and support services	$29.6M	ITI Growth Opportunities, Prime Venture Partners ... & 37 others	70/100
5th	ChargeLab 2019, Toronto (Canada), Series A	Provider of electric vehicle station management solution	$30M	Root Ventures, King River & 10 others	70/100
6th	Xeal 2019, California City (United States), Series B	Provider of a cloud-based EV charging management platform	$51M	ArcTern Ventures, Keyframe & 17 others	67/100
7th	Virta 2013, Helsinki (Finland), Series D	Provider of electric vehicle charging solutions and related energy services	$108M	Jolt Capital, E.ON & 11 others	66/100
8th	Esyasoft 2014, Dubai (United Arab Emirates), Series A	Developer of digital platforms for utility grid management and electrification	$4.43M	Trescon, Easysoft & 6 others	65/100
9th	Weave Grid 2018, San Francisco (United States), Series B	Developer of a platform for electric vehicle and grid integration	$78M	Salesforce Ventures, Plug and Play Tech Center ... & 22 others	65/100
10th	Driivz 2012, Tel Aviv (Israel), Acquired	Provider of cloud-based software for managing electric vehicle charging infrastructure	$37M	Volvo Group, Ombu Group & 5 others	64/100
11th	SWTCH 2018, Toronto (Canada), Series B	Provider of EV charging management systems	$42M	Export Development Canada, MaRS Discovery District ... & 18 others	64/100