SparkCharge, a U.S.-based startup offering mobile electric vehicle (EV) charging solutions, has secured over $30 million in new funding to accelerate its expansion across North America. The company said it closed a $15.5 million Series A-1 funding round led by Monte’s Fam, with participation from Cleveland Avenue, Collab Capital, Elemental Impact, MarcyPen, and non sibi ventures. An additional $15 million in venture debt was raised from Horizon Technology Finance Corporation.
Founded in 2018 by Joshua Aviv, SparkCharge initially focused on mobile roadside charging, including a partnership with Allstate to assist stranded EV drivers. The company has since pivoted toward what it describes as “charging-as-a-service,” targeting commercial fleets by providing flexible, scalable charging options without the need for fixed infrastructure.
“Basically, we can come in, service all their vehicles, charge all their vehicles, and they don’t have to worry about grid delays, connection,” Aviv told TechCrunch. “They don’t have to worry about any of that trenching, digging, tunneling, the construction.”
The company has expanded its reach to all 50 U.S. states, Canada, and Mexico. It enables fleet operators to buy electricity on a per-kilowatt-hour basis and offers options ranging from mobile chargers that the client can operate independently to full-service solutions. Many of the chargers are off-grid and powered by alternative energy sources like propane, hydrogen, or natural gas, Aviv said.
Fleet electrification has accelerated in recent years due to the long-term savings potential from lower fuel and maintenance costs. However, limited access to charging infrastructure remains a key bottleneck—particularly for operators in less urbanized regions. “There’s a lot of fleets out there that are like, ‘Hey, I’m in the middle of America. Hey, I’m in different parts of the coast,’” Aviv noted.
SparkCharge says 95% of its clients use its off-grid charging solutions. Pricing typically ranges between 35 and 60 cents per kilowatt-hour, depending on fleet size and usage. “If a fleet uses 1,000 kilowatt-hours, then they only pay for that 1,000 kilowatt-hours,” Aviv said. “It allows the fleet to really be nimble and flexible with how they’re charging their cars.”
With the latest funding, SparkCharge aims to further scale its operations and support the growing demand for electrification without waiting for permanent infrastructure.