Alphagrid

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Alpha Grid uses AI to optimize EV charging asset profits and empower operators with local market insights and competitive intelligence on pricing, revenue, and energy sales.

Founding date

02/08/2022

Number of employees

3

How would you explain your business model?
  • Rev Share: our AutoPilot AI automates price adjustments and cost control. Alpha Grid receives a share of revenue only if we increase revenue by more than our fee
  • SaaS Fees: our Market Intelligence product provides customers with site-specific local market insights and competitive intelligence on pricing, revenue, and energy. Alpha Grid receives a SaaS fee per location
  • Origination Fees: through partnerships with insurance companies, we have the capability to offer revenue/performance guarantees paired with AutoPilot AI. Alpha Grid would receive an origination fee in addition to rev share from AutoPilot
What makes your idea unique compared to your competitors?
  • AI, Data Flywheel, and Network Effects: build by top tier Google X engineers, our real time monitoring of 150,000 chargers process 12,000 updates per second. As we continue to onboard customers, additional data further enhances our AI, further enhancing value for existing and new customers
  • High Switching Costs: by creating revenue and profit lift, customers will rely on us to support financing and financial sustainability
  • Performance Guarantees: Financing with the benefit of performance guarantees would require the use of AutoPilot AI whose forecasts and optimization are the basis for underwriting
Where do you see your company in the next 5 years?

We aim to be the market leader for enabling EV charging assets that enhance the grid and deliver strong financial returns. We believe our AI will be the backbone for profitable bankable assets with low cost of capital provided by Alpha Grid and our partners. During this time, we will extend our platform to solar canopies, batteries, and full microgrids.