Telematica Secures $1.5m Seed Funding to Fuel Growth

Abhishek Jain
January 25, 2023
1 min read

We are thrilled to share some electrifying news:

Telematica has raised $1.5 million in a seed funding round! This investment round was led by Y Combinator (w22), Collab Fund, WorldQuant Ventures, and other climate investors.

This significant milestone marks an essential phase in our journey. Since our inception, we at Telematica have been dedicated to building a universal API for energy devices. Our solution helps businesses manage their end users' energy hardware devices such as EVs, chargers, and solar inverters with ease. It's a one-stop-shop that allows utilities and energy companies to access over 50 OEM integrations through a single API.

This recent funding injection will propel our growth journey, allowing us to expand our team, accelerate product development, and extend our footprint. A special thank you to our dedicated team for their relentless work and to our early customers, whose feedback continues to shape our product.

This is a significant step, but we're just getting started. As the energy landscape evolves, Telematica remains committed to simplifying the complexities of managing DERs for businesses, paving the way for a more sustainable future.

Stay tuned for more updates on this exciting journey. The best is yet to come!

Abhishek Jain
CEO and Co-founder

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