Volteras Raises $11.1 Million Series A, Transforming Energy and Mobility Data

On May 29, 2025, Volteras, the leading data streaming platform for the energy ecosystem, announced the close of its $11.1 million oversubscribed Series A funding round. Spearheaded by Union Square Ventures, this round also included participation from fleet card providers Wex and Edenred, alongside existing backers Exor Ventures and Long Journey Ventures.

“We’re thrilled to have the support of world class investors who share our vision to transform the energy data ecosystem,” said Peter Wilson, CEO and co-founder of Volteras. “This funding enables us to accelerate part of our mission to securely connect automakers, energy providers, and mobility platforms in unprecedented ways to enable a new generation of energy and mobility apps.”

Wex and Edenred service a combined 24 million vehicles, and see Volteras as a vital part of their transition to electric vehicles.

David Klein, Head of WEX Venture Capital, said: “WEX serves over 19 million vehicles across our fleet customers, and we see enormous potential in Volteras’ platform to help fleets unlock the power of their data.” Edenred Ventures Managing Partner, Norbert Furnion, added “The potential applications of their technology—both within Edenred and across the broader mobility and energy software ecosystem—are expanding rapidly. Their focus on official data partnerships sets them apart, and positions them to become a foundational player in this evolving landscape.”

Redefining the Energy Ecosystem

Volteras is revolutionizing how data flows between electric vehicles (EVs), chargers, and home batteries, much like how Plaid connected data between banks in the financial sector. With a transparent, partnership-based approach, Volteras has already integrated over 30 OEMs, including Ford, Mercedes-Benz, and Volkswagen Group AG. This ambitious startup envisions a future where every aspect of EV ownership—from purchase and charging to insurance—connects seamlessly through a single data platform, offering fast, stable, and secure data streaming.

For businesses, this means new revenue opportunities and operational efficiencies across fleet and charging management, virtual power plants, insurance, and more. For consumers, it means a truly integrated experience where EVs, chargers, and home batteries work together intelligently.

A Full Lifecycle Vision for Consumers and Businesses

Volteras is building the world’s largest energy data platform, collaborating with automakers and energy leaders to deliver innovation and sustainability at scale. This vision promises significant benefits for both businesses and consumers.

Businesses will gain tools to unlock fleet optimization, preventive maintenance, and real-time data for balancing grid demand. Energy companies can manage demand more effectively, smoothing out consumption peaks during high-demand periods.

Consumers will enjoy features like usage-based insurance, smart charging that optimizes for electricity pricing and grid conditions, and transparent battery health reports—making the used EV market more accessible. Additionally, Volteras’ API connects an EV to a home energy management system, helping homeowners optimize energy use, check carbon footprints, and ensure that their vehicles, batteries, or homes are powered by renewable energy.

Driving Innovation with Series A Funding

The newly raised funding will enable Volteras to expand its partnerships with automakers and energy device manufacturers worldwide. It will also support the growth of its team of software engineers, data scientists, and energy product specialists. Additionally, Volteras will work with new partners like Octopus Electric Vehicles and Hitachi ZeroCarbon to launch innovative EV services.

Jim Donaldson, Hitachi ZeroCarbon’s Chief Technology Officer, explains the benefits of outsourcing high-quality energy data, “Volteras has simplified the process of obtaining automaker data, enabling us to onboard new customer vehicles quickly, easily and at a low cost. This has allowed us to focus on our own innovations, and deliver the insight our customers need.”

Enterprise-Grade Security

Data protection is a core priority for Volteras. In an industry that handles sensitive data like vehicle telematics, user login credentials, and remote vehicle control commands, security cannot be compromised. Volteras’ OEM-authorized integrations ensure that data is transmitted through secure, encrypted channels that are resilient against cybersecurity threats.

Unauthorized data streaming from third-party apps can expose businesses and consumers to severe risks, including financial losses, operational disruptions, and even vehicle lockouts. Volteras mitigates these risks by streaming data only from OEM servers and devices, with user consent and without sharing personally identifiable information.

Volteras Is Setting New Standards for How Energy and Mobility Businesses Operate

Founded in London, Volteras is revolutionizing energy and mobility business operations. Its data streaming platform connects vehicles, chargers, and energy systems in a secure and efficient manner, empowering clean energy adoption and a seamless EV experience.