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New York-Based Flipturn Raises $4.5M In Seed Funding

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New York City-based company Flipturn specializes in providing a comprehensive platform for electric vehicle (EV) fleet operations.

At the helm of Flipturn is its CEO, Katie Siegel, whose leadership and expertise have played a pivotal role in the company’s growth and innovation. Under her guidance, Flipturn has brought to the market a groundbreaking solution in the form of Flipturn Connect – an all-in-one EV fleet operations platform that offers unparalleled visibility across various aspects of fleets’ vehicles, chargers, and related systems.

One of the key features of Flipturn Connect is its ability to provide real-time tracking of vehicle location and state-of-charge for all the EVs in the fleet. Fleet operators can conveniently monitor the availability and status of all chargers, ensuring seamless charging operations. This centralized dashboard empowers fleet managers to stay informed about critical issues, enabling them to make informed decisions promptly.

Moreover, Flipturn Connect’s intelligent charging scheduler feature automatically sets charging schedules to ensure that vehicles are adequately charged and ready for their next trip. By optimizing charger power management, the platform also assists in minimizing electricity costs, thereby contributing to more sustainable and cost-effective operations.

The platform goes even further by providing in-depth analytics on kWh per mile and cost per mile across vehicles and trips. By leveraging historical data, fleet managers can identify trends and patterns to coach drivers on ways to improve efficiency, ultimately reducing overall energy consumption and expenses.

Customizable alerts serve as an essential aspect of Flipturn Connect, notifying fleet managers when a vehicle’s energy levels are low or when a charging session has been completed. These alerts enable proactive measures to be taken, avoiding potential disruptions and ensuring the smooth functioning of the fleet.

One of the main advantages of Flipturn Connect is its seamless integration with existing fleet management systems, making it easy for companies to adopt the platform without a major overhaul of their current operations. This feature has been widely praised by industry experts, as it minimizes the barriers to entry and accelerates the platform’s adoption across various fleets.

The company’s success is a testament to the growing demand for sophisticated solutions in the rapidly expanding electric vehicle market. With governments and businesses worldwide increasingly prioritizing sustainability and eco-friendly practices, the need for efficient and data-driven EV fleet management solutions have never been greater.

Just recently, Flipturn successfully secured $4.5 million in seed funding to further enhance its offerings.

The funding round was led by the prominent venture capital firm, Accel, and received substantial contributions from Comma Capital, Background Capital, and more than thirty other angel investors who expressed their confidence in Flipturn’s vision and potential.

The primary objective of the recent funding is to fuel the expansion of Flipturn’s product line and strengthen its go-to-market team. Additionally, the company aims to broaden the accessibility of its flagship product, Flipturn Connect, and expedite the process of product development.

Flipturn’s innovative approach to addressing these challenges has garnered attention and support from investors and industry stakeholders alike. The latest injection of funds will undoubtedly strengthen the company’s position in the market and further solidify its status as a leader in the EV fleet operations domain.

Looking ahead, Flipturn plans to focus on continuous improvement and innovation. The company is committed to listening to its customers’ feedback and incorporating valuable insights into the development of its products. By remaining agile and responsive to market needs, Flipturn aims to set new industry standards and become the go-to choice for EV fleet operators worldwide.

In conclusion, Flipturn’s recent $4.5 million seed funding round led by Accel, along with other prominent investors, signifies a resounding vote of confidence in the company’s vision and potential. With Flipturn Connect, the company offers a cutting-edge platform that empowers fleet operators to efficiently manage their EV fleets, optimize charging operations, and reduce energy consumption. As the world embraces the electric vehicle revolution, Flipturn is poised to play a pivotal role in shaping the future of sustainable and intelligent fleet operations.

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We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
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