Electric fleets park and charge anywhere with Curo
Curo helps electric fleets park and charge their vehicles anywhere with the world’s largest private network of underutilized EV charging sites. We increase revenue by 5x for EV charger owners and enable instant fleet electrification at a fraction of the cost. Owners of EV chargers get <10% utilization after paying hundreds of thousands of dollars to install, and distributed fleets are rapidly trying to electrify yet charging is a huge bottleneck. Curo is a Virtual Depot platform enabling fleets to long-term lease underutilized EV chargers from owners. We're live across CA, NY and WA and have grown 100% MoM for the past 4 months. Curo is already backed by investors like Blue Bear, Not Boring, Slow and Eniac.
Active Founders
Andrew Porter, CTO & Co-Founder
Building the world's largest private EV charging network at Curo. I'm a self taught developer and got my bachelors degrees in math and economics from Occidental College
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.
Company Launches
👋 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.
🤯 Problem: Electrification faces two huge challenges
- 🚘 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.
- 🔌 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
