This startup develops a scalable charging infrastructure that transforms existing parking lots into profitable electric vehicle charging stations by utilizing predictive analytics of driving and parking patterns. Their system provides affordable charging solutions for businesses, enhancing accessibility for tenants, residents, and employees in response to the increasing demand for electric vehicle charging.
Funding
$6.7M 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
Existing parking facilities often lack the infrastructure to support the growing demand for electric vehicle (EV) charging, requiring costly and disruptive upgrades to electrical capacity. Traditional EV charging solutions may not efficiently distribute power, leading to higher energy costs and limiting the number of vehicles that can charge simultaneously.
Solution
Waybler provides scalable EV charging solutions optimized for businesses, residential properties, and public destinations. Their patented load-balancing technology allows for a greater number of EVs to charge using existing electrical capacity, minimizing the need for expensive grid upgrades. Waybler offers a comprehensive solution including smart charging hardware, a cloud-based management platform, and a user-friendly mobile app. The platform enables property owners and businesses to manage charging access, set pricing, and monitor energy consumption, while drivers can easily locate available chargers, initiate charging sessions, and make payments.
Target Audience
Waybler targets property owners, businesses, municipalities, and housing associations seeking to provide EV charging infrastructure for tenants, employees, residents, and visitors.
Features
- Dynamic load balancing that optimizes power distribution across all connected charging stations
- Dual-outlet charging stations, allowing two vehicles to charge from a single unit
- Cloud-based management platform for remote monitoring, access control, and revenue management
- Mobile app for drivers to locate chargers, initiate charging, and track charging history
- Open Charge Point Protocol (OCPP) compliance for interoperability with other charging networks
- Support for multiple authentication methods, including RFID and mobile app
- Integration with existing building management systems (BMS) for enhanced energy management
- Robust, weather-resistant design suitable for indoor and outdoor installations