Paren
Always know where the nearest, most reliable charging station is with our data-driven analysis.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $3.0m | Seed | |
| Total Funding | 000k | ||
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Paren is a software platform that provides data insights for the electric vehicle (EV) charging industry. The company offers a comprehensive API that delivers unified data on EV charging infrastructure, aimed at accelerating the adoption of electric vehicles. Paren serves a wide range of clients, including charge point operators, automakers, fleet operators, and mapping services.
The company's core business revolves around transforming fragmented EV charging data into actionable insights. This allows their clients to make informed decisions regarding charging station placement, network strategy, and user experience enhancement. Paren's data includes metrics such as station reliability, utilization rates, and market trends across different geographical areas. By providing a single entry point to this data, Paren helps businesses to optimize their charging-related operations and strategies.
The business model is based on providing access to their data and analytics through a subscription-based API and an online application. This B2B approach positions Paren as a critical data provider in the growing e-mobility ecosystem. The company recently secured $3 million in seed funding, which will be used to further develop its platform and expand its market reach.
Keywords: EV charging data, e-mobility, API, data analytics, charging infrastructure, electric vehicles, charge point operators, fleet management, automotive industry, market intelligence