Presto, an Oakland, CA-based provider of an EV charging platform, raised $15M in Seed funding.
Backers included Union Square Ventures, Congruent Ventures, Powerhouse Ventures, and Jetstream.
The company intends to use the funds to scale up its operations and continue investing in its technology to support more fleets and charging partners on their road to electrification.
Founded in 2023 by J.J. Raynor and Ashwin Dias, Presto is an electric vehicle (EV) charging platform that empowers charging experiences for fleets, mobility providers, and businesses. Its platform makes working with fleets for charging partners, while fleet partners can roll out an all-in-one charging solution using Presto’s mobile app (available for iOS and Android) or integrate charging into their customer experiences using its APIs.
It is used by electric fleets, including Uber, Avis, Hertz and Zipcar.
FinSMEs
06/02/2025