Editor's note: This is one of 10 companies profiled by DC Inno for its annual Startups to Watch feature. Go here to see all of this year's honorees and learn more about the young, promising companies poised to shake up the region's innovation community.
About the company: ElectroTempo Inc., founded in 2020 by CEO Ann Xu and Chief Operating Officer Patrick Finch, is a software-as-a-service company headquartered in Arlington. With a team of 16 full-time employees, ElectroTempo is working to revolutionize the electric vehicle (EV) charging landscape, a growing marketplace amid increased interest in EV adoption. The startup’s core focus lies in EV charging infrastructure planning and intelligence. ElectroTempo’s platform predicts EV charging demand from both passenger and fleet vehicles throughout a given day to optimize charging and grid infrastructure to meet this demand efficiently. It accomplishes this with specialized transportation and grid datasets to inform its predictions. ElectroTempo also incorporates machine learning algorithms to better learn and adapt to demand, leading to more accurate forecasts, which permit it to also make large-scale simulation models. Its customers are utilities and EV fleet operators, which pay licensing fees for access to ElectroTempo’s services.
Why we’re watching: By enabling efficient EV charging infrastructure, ElectroTempo contributes to reducing greenhouse gas emissions and promoting sustainable mobility. The startup is committed to launching analytics for all major EV markets in the U.S. by the end of 2024.
Quotable: “We will serve as the central analytics exchange between the grid, commercial real estate and fleets in major EV markets in the United States.”— Ann Xu, CEO
The basics
- Founders: Ann Xu, CEO; Patrick Finch, chief operating officer
- Founded: 2020
- Headquarters: Arlington
- Full-time employees: 16
- Total funding: $5 million
- Annual revenue: Declined to disclose