FundedIQ
Energy

SWTCH: Funding, Investors & Team (Sep 2026)

SWTCH provides electric vehicle (EV) charging and energy management solutions designed specifically for high-density urban settings. Our innovative EV charging and energy management platform optimizes charger usage to benefit charging providers and drivers. Platform features include usage enforcement, simple billing, smart energy management, and open-standards compliance. At SWTCH, we are committed to improving EV charging accessibility in order to realize the social, economic, and environmental benefits of widespread electric vehicle adoption.

swtchenergy.com LinkedIn Toronto, Canada 11-50 employees
Clean Energy CleanTech Electric Vehicle Energy Energy Management
Total raised
$30.2M
Rounds
2
Latest
Series B
Apr 2024

SWTCH has raised $30.2M across 2 funding rounds on record, the most recent a Series B of $27.2M announced in Apr 2024.

That round is above the $14M median round size for Energy companies tracked on FundedIQ over the last two years.

SWTCH Company Profile and Key Stats

Total funding raised
$30.2M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$27.2M in Apr 2024
Employees
11-50
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Apr 2024.

SWTCH Funding Rounds

Date
Round
Amount
Series B
$27.2M
Debt Financing
$3.0M

SWTCH raised $3.0M in a Debt Financing announced in Apr 2022.

2 years later, a Series B of $27.2M was announced in Apr 2024.

SWTCH Founders and Leadership Team

Name
Role
Contact
Carter Li
Founder
Locked

Contact details for the SWTCH team: 1 of 1 has an email address on file.

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SWTCH Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$14M
3,086
$2.2M
4,307
$30M

SWTCH's latest round of $27.2M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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SWTCH Funding FAQs

What does SWTCH do?

SWTCH provides electric vehicle (EV) charging and energy management solutions designed specifically for high-density urban settings. Our innovative EV charging and energy management platform optimizes charger usage to benefit charging providers and drivers. Platform features include usage enforcement, simple billing, smart energy management, and open-standards compliance. At SWTCH, we are committed to improving EV charging accessibility in order to realize the social, economic, and environmental benefits of widespread electric vehicle adoption.

How much funding has SWTCH raised?

SWTCH has raised $30.2M across 2 rounds on record. The most recent is a Series B of $27.2M announced in Apr 2024.

When did SWTCH last raise funding?

SWTCH's most recent funding round on record is a Series B of $27.2M, announced in Apr 2024.

Who founded SWTCH?

FundedIQ lists Carter Li (Founder) at SWTCH.

Where is SWTCH headquartered?

SWTCH is based in Toronto, Ontario, Canada.

How many employees does SWTCH have?

SWTCH is in the 11-50 employee band.

How does SWTCH's funding compare to other Energy startups?

SWTCH's latest round of $27.2M is above the $14M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's SWTCH Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for SWTCH is left off this page rather than filled in.

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