View details of this raise on Seedstage

Berkeley, CA

Expanding EV charging infrastructure in multifamily communities across California.

• EV Charging Expansion: Moon Five is expanding EV charging access to over 20 multifamily communities in California.
• Cost-Effective Solutions: The platform reduces charging costs through intelligent energy management, offering savings for drivers.
• Minimal Upfront Costs: The service operates on a subscription basis with minimal upfront costs for property owners and tenants.
• Utility Integration: Moon Five’s platform integrates with utility programs and distributed energy resources for additional revenue.
• Supported by Grants: The expansion is supported by a California Energy Commission REACH 3.0 grant.

Moon Five is expanding its electric vehicle (EV) charging infrastructure to over 20 multifamily communities in California. This initiative aims to provide renters with access to reliable and scalable EV charging solutions, supported by a California Energy Commission REACH 3.0 grant. The project focuses on deploying grid-connected infrastructure that leverages EV batteries and intelligent energy management to reduce charging costs. The platform is designed to offer significant savings for high-usage drivers while enhancing EV accessibility in residential environments.

The company installs integrated EV charging and energy management systems with minimal upfront costs for property owners and tenants. The service operates on a subscription basis, with a model structured to minimize capital requirements for property owners. Moon Five’s platform integrates with utility programs and distributed energy resources, generating revenue through service fees and participation in grid-related services. The ongoing fundraising effort aims to provide working capital for the installation and deployment of EV charging infrastructure, supporting the company’s business model and expansion strategy.

Company Info

Moon Five provides scalable EV charging solutions for multifamily residential environments, integrating energy management to minimize costs.

Moon Five focuses on providing electric vehicle charging solutions tailored for multifamily residential environments. Their platform integrates EV charging with energy management systems, aiming to offer accessible and cost-effective charging options for renters and property owners. The service operates on a subscription basis for tenants, while property owners benefit from minimized upfront costs and potential revenue-sharing agreements.

The company’s infrastructure is designed to integrate with utility programs and support energy optimization at the building level. Moon Five’s model includes participation in utility and market-based programs, such as demand response and capacity programs, to generate additional revenue. Their approach aims to expand EV charging access without significant financial barriers for property owners or tenants, supporting a transition to sustainable transportation solutions.