Electrada provides an end‑to‑end Electric Fuel service that designs, finances, builds, operates, and maintains EV charging infrastructure for fleet operators. Its Charging‑as‑a‑Service model guarantees 99%+ uptime, fixed‑price contracts that lock in electricity rates, and a full suite of support so fleets can achieve predictable costs and near parity with ICE vehicle total cost of ownership.
Funding
$22M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Fleet operators face high upfront costs, complex installation, and ongoing maintenance of electric vehicle (EV) charging infrastructure, creating uncertainty around total cost of ownership (TCO) and risking downtime that can disrupt operations.
Solution
Electrada offers an end‑to‑end “Electric Fuel” service that designs, finances, builds, operates, and maintains EV charging stations for fleets. The company provides three performance‑guaranteed models with a service‑level agreement that ensures 99%+ uptime and eliminates equipment‑reliability risk. Pricing is fixed for the contract term, removing exposure to electricity price volatility and infrastructure cost overruns. By handling site selection, utility interconnection, and ongoing support, Electrada lets fleet managers focus on their core logistics while achieving near parity with internal‑combustion‑engine (ICE) vehicle TCO.
Target Audience
Primary customers are fleet operators and logistics companies managing medium to large EV fleets across delivery, trucking, and transit sectors who need reliable, cost‑predictable charging solutions.
Features
- Full‑spectrum Charging‑as‑a‑Service (CaaS) covering financing, design, construction, operation, and maintenance
- Industry‑leading SLA guaranteeing 99%+ charger uptime and performance metrics
- Fixed‑price “electric fuel” contracts that lock in electricity rates for the contract duration
- Three flexible service models tailored to fleet size, vehicle mix, and deployment stage
- Integrated partner network (EVSE manufacturers, utilities, OEMs, fleet‑management platforms) for rapid implementation
- Real‑time monitoring and analytics dashboard to track usage, energy consumption, and cost savings