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Curo

Y Combinator LogoF24
Active
transportation
energy
automotive
San Francisco
 
https://www.curocharging.com/

Electric fleets park and charge anywhere with Curo

Curo enables electric vehicle fleets to lease EV chargers. We do this by providing a standardized process so that any EV charger owner can host a fleet, such as an office building overnight when their employees go home. Owners of EV chargers get <15% usage after paying hundreds of thousands of dollars to install, and fleets are rapidly trying to electrify yet charging is a huge bottleneck. Curo increases revenue 5x for charger owners and enables fleets to electrify instantly, at a fraction of the cost. We're live across 5 states, having grown 50% MoM for the past 6 months. Curo is already backed by investors like Blue Bear, Not Boring, Slow and Eniac.
Curo
Founded:2023
Team Size:6
Location:San Francisco
Group Partner:Pete Koomen
 

Active Founders

Kieran White, CEO & Co-Founder

Kieran is the CEO and Co-Founder of Curo. He has deep expertise in eMobility after spending 2 years launching Tesla's Model 3 footprint in Europe, supporting one of the largest electric fleets in building their distributed operations. At Lasso Loop, Kieran led the business through Series A, alongside building the logistics and rollout process for their fleets material collection.
Kieran White
Kieran White
Curo
 

Andrew Porter, CTO & Co-Founder

Andrew is the Co-founder and CTO of Curo. A self-taught developer with bachelor’s degrees in Mathematics and Economics from Occidental College, he has built marketplace platforms and integrated AI solutions from the ground up. Previously, he developed blockchain-based platforms focused on environmental solutions and worked on blockchain projects at DraftKings.
Andrew Porter
Andrew Porter
Curo
  

Company Launches

Curo: Electric fleets lease EV charging spots from owners

👋 Hey everyone! We’re Andrew and Kieran, co-founders of Curo!

TL;DR

One of the key reasons fleets struggle to electrify is charging issues, and EV charger usage is painfully low. Curo’s platform helps EV charger owners lease their charging spots during low usage times to fleets when they need them most. Curo helps fleets electrify instantly, at a fraction of the cost and increases EV charger owners’ revenue by 5x. We work with some of the largest charging owners and fleets, helping us to grow 100% MoM for the past 4 months.

https://youtu.be/N0jcdalLpFU

🤯 Problem: Electrification faces two huge challenges

  1. 🚘 Fleets (especially distributed ones) struggle to electrify at scale: EV chargers can cost thousands of dollars and take years to install, even then installation may not be feasible due to land ownership and operating model. It’s really hard.
  2. 🔌 EV charger usage and return on investment is painfully slow: private chargers can’t be monetized due to security and liability barriers, with public chargers not being set up for long-term, exclusive use.

By 2030, there are expected to be 9 million electric vehicles in fleets, which, together with public vehicles, requires support from an estimated 40 million new EV chargers. We currently have well under 1 million installed. That’s pretty daunting.

EV chargers have to be used way more effectively for us to stand a chance at supporting millions of electric fleet vehicles.

🛟 Solution: Curo - The Virtual Depot Platform

Curo’s platform helps EV charger owners lease their charging spaces during low usage times to fleets when they need them most (picture an office building hosting a fleet overnight when employees go home).

We make it easy for fleets to identify, plan, and launch at spots they’ve leased and derisk EV charger owners sharing their assets, including legal, security, insurance, and payments.

Curo allows fleets to park and charge anywhere using immediately available and scalable infrastructure, with no upfront cost. We call this a "Virtual Depot” because each site has the utility of a fleet’s traditional depot, distributed in a virtual network.

🙏 Ask: Share this post

  • Do you know anyone with EV chargers at a commercial property or have an interest in installing them? We’d love to help monetize their space.
  • Does a fleet manager come to mind? We can help them park and charge right away.

We’ve distributed one of Tesla's largest electric fleets and worked on awesome things at DraftKings. We’re excited to be building with the YC community.

Thanks for reading!

Team Curo