Shaed
Platform to responsibly transition your fleet to electric.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $5.7m | Seed | |
| Total Funding | 000k | ||
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Shaed, Inc. is a Minneapolis-based company, founded in 2020 by Ryan Pritchard, Eddie Schick, and Masaood Yunus, that is developing a digital backbone for the commercial vehicle industry's transition to sustainable energy. The company's name is an acronym for Shared, Hydrogen, Autonomous, Electric, and Distribution. Ryan Pritchard, the CEO, drew upon nearly two decades of experience in commercial vehicle procurement, including launching an EV division for a large private dealer, to address the complexities of adopting alternative fuels.
The firm's core business revolves around digitizing legacy processes and employing AI-driven recommendation engines to connect all stakeholders within the commercial vehicle lifecycle. Shaed's platform addresses the entire journey from vehicle acquisition to disposition, including manufacturing, upfitting, charging, and support services. The company's first major product is CommercialEVs.com, an online marketplace designed to streamline the discovery, comparison, and procurement of commercial electric vehicles and related solutions like charging infrastructure and financing. This platform serves a diverse client base, including fleet managers, logistics providers, dealers, small business owners, and upfitters.
The business model centers on creating a comprehensive digital ecosystem. The CommercialEVs.com marketplace acts as a central hub, connecting buyers with a network of manufacturers, dealers, and service providers. Revenue generation is implied through facilitating transactions and providing value-added services across this ecosystem. In 2023, the company closed a $5.7 million Seed Preferred funding round led by EnerTech Capital and Powerhouse Ventures, which was followed by another $1.5 million round in early 2025, bringing total funding to $7.2 million.
Keywords: CommercialEVs, fleet electrification, sustainable transportation, commercial electric vehicles, EV marketplace, fleet management software, vehicle procurement, AI recommendation engine, transportation technology, digital fleet solutions, Ryan Pritchard, EnerTech Capital, Powerhouse Ventures, vehicle lifecycle management, EV charging solutions, vehicle upfitting, logistics technology, sustainable mobility, B2B marketplace, automotive software