Evaline, Inc.

We're a Californian software company in the EV industry. We're currently working on evaline.io, a new way to make EV charging at work easy.

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1250%

increase in EVs on
the road by 2022

35%

of all charging happens
at the workplace

70%

y/y growth in EV chargers
installed at work since 2014

Solution overview

Evaline Scheduler is the world’s first dedicated, autonomous shared electric vehicle charger scheduling platform. Designed by EV users to overcome the challenges presented by shared EV charging (e.g., too much downtime, trying to find an available charger) as a Cloud-based solution, Evaline Scheduler offers simple yet robust real-time scheduling and management of vehicles and charging stations. Scheduler works effectively regardless of the EVSE manufacturer or network status. It has been designed for organizations needing a solution to oversubscribed electric vehicle charging stations for their frustrated employees. Evaline Inc.'s long-term goals expand beyond the workplace to support the EV motorist with electric vehicle management solutions for both the private and public domains. The long-term reach of Evaline will go beyond the human motorist, facilitating AI to AI communication and coordination between connected autonomous vehicles‎ and spaces.


Key notes on financials

Full commercialization of the Evaline platform will start Q1FY18 post an extensive Beta testing period. The platform will be marketed as a B2B Enterprise Software Solution at an initial $15 per plug per month subscription offering. Revenue drivers such as workplace charger utilization rate (89%), employment to population ratio (75%), EV market growth rate (76%) and a user-charger multiplier (3) were implemented to derive a realistic forecasted charger base and estimated subscription revenue. Non-networked chargers will initially be engaged due to their willingness to accept and market the Evaline platform as a complementary SaaS networked offering.

Year 2017 2018 2019 2020 2021 2022
USA 0.5% 10% 15% 20% 25% 30%
Europe 0 0 0 10% 12.5% 15%
Asia 0 0 0 0 5% 5%
Expected chargers
under management
867 27,829 69,443 231,048 494,207 907,737
Income $39 $5,00 $12,500 $41,589 $100,590 $183,727
Development COGS $276 $1,349 $2,302 $3,543 $4,731 $6,314
Gross Profit - $237 $3,660 $10,198 $38,046 $95,859 $177,413
Operating expense $314 $3,562 $7,146 $19,292 $41,072 $90,963
EDBITDA - $551 $98 $3,051 $18,754 $100,59 $183,727
EDBITDA % - 2% 24% 45% 54% 47%

Be a part of the solution

Invest in Evaline

We're currently raising a $1.5MM seed round to support product development and distribution. We're offering convertible notes, with the following details.

Discount: 10%
Interest rate: 3%
Term: 24 months

Interested?

Work at Evaline

We're a team of driven, fun-loving folks dedicated to getting more electric vehicles on the road. We're currntly looking for software engineers, backend and frontend, but if you want to be a part of our team, get in touch, and we'll see if we can find a place for you to add value.

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