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Stable Auto

Stable Auto

Optimizes charging for electric vehicle fleets

About

Stable Auto optimizes the charging infrastructure for electric vehicle (EV) fleets, catering to logistics companies, public transportation agencies, and corporate fleets transitioning to electric vehicles. The company offers a software platform that utilizes machine learning and operations research to help clients identify the best locations for charging stations, determine optimal charging times, and minimize both capital and operational expenditures. By simulating real-world fleet behaviors, Stable Auto provides actionable insights that enhance performance and reduce costs. Revenue is generated through subscription fees for the software and consulting fees for tailored advisory services. The team consists of experts in machine learning, operations, and energy, enabling them to deliver practical solutions that improve fleet management.

Company Stage

Series A

Employees

11-50

Industries

Automotive & Transportation, Consulting, AI & Machine Learning

Total Funding

$18.4M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Stable Auto's analysis of over 70 million EV charging data points demonstrates its capability to provide data-driven insights, enhancing its credibility and effectiveness.
  • The company's dual revenue model of subscription and consulting fees provides financial stability and multiple growth avenues.
  • As the EV market continues to grow, Stable Auto is well-positioned to capitalize on the increasing demand for efficient fleet management solutions.

What critics are saying

  • The nascent stage of the EV market means that Stable Auto's long-term success is tied to the broader adoption of electric vehicles.
  • Dependence on machine learning models requires continuous data input and refinement, which could be resource-intensive.

What makes Stable Auto unique

  • Stable Auto leverages machine learning and operations research to provide highly optimized charging solutions, setting it apart from competitors who may rely on more traditional methods.
  • The company's focus on both capex and opex optimization offers a comprehensive cost-saving approach that is unique in the EV fleet management space.
  • Stable Auto's team of experts from top companies and academic institutions ensures cutting-edge, practical solutions that are difficult for competitors to replicate.

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Growth & Insights
Headcount

6 month growth

-8%

1 year growth

22%

2 year growth

57%

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