Paren Inc., a San Francisco, CA-based software platform powering electric mobility with unified data insights, raised $3M in its first round of financing.
The round was led by Base10 Partners, with participation from Founders Network Fund and Luc Vincent (founder, Google Street View and Lyft 5).
The company intends to use the funds to scale its current data platform and build new services on top of it, and to grow its team.
Founded in 2023 by Florent Breton (CEO) and Bill Ferro (CTO), Paren aggregates, enriches, and serves comprehensive data on the essential aspects of EV charging. Its data is accessible via an online application or API Gateway. The company, after acquiring EVSession, LLC in March 2024 and experiencing accelerated growth, recently completed an additional acquisition of EVAdoption LLC, an EV infrastructure data and analysis firm. Loren McDonald, EVAdoption’s founder and an industry expert joined the executive team as Chief Evangelist.
Notably, Paren is expanding its API access to reliability, plus augmenting its data sets around amenities, pricing, and safety to be seamlessly available to drivers using the national EV infrastructure.
FinSMEs
03/10/2024