InCharge Energy, a provider of EV charging and energy infrastructure solutions, announced that it has raised $46 million in a strategic investment round led by S2G Investments, with participation from QIC. The funding will support the company’s expansion beyond EV charging into broader energy infrastructure services, including electrical systems and distributed energy resources.
Based in Los Angeles, InCharge Energy has built one of North America’s largest multi-brand EV charger service networks, managing more than 30,000 charging assets for customers that include fleet operators, school districts, municipalities, and other organizations. The company differentiates itself through an integrated approach that combines software, infrastructure deployment, maintenance, and field services under a single platform.
At the center of InCharge’s offering is its proprietary InControl platform, which serves as the operational backbone for EV charging and energy infrastructure assets. The software provides real-time charger visibility, remote diagnostics, network management, continuous monitoring, AI-driven issue resolution, fleet operations support, energy monitoring, and performance optimization. According to the company, approximately 80% of charger issues can be resolved remotely through the platform, while its nationwide technician network handles on-site service requirements.
Beyond EV charging infrastructure, InControl also supports the management of battery energy storage systems, solar installations, transformers, switchgear, electrical distribution equipment, lighting systems, and other energy-related assets. The platform integrates asset monitoring, lifecycle management, warranty tracking, service contracts, preventative maintenance programs, and operational data into a single environment.
The new capital will be used to expand InCharge’s national field services division by increasing its technician workforce and service coverage in key markets. The company also plans to accelerate development of the InControl software platform and continue expanding into broader energy solutions offerings.
Rich Mohr, CEO of InCharge Energy, said the company’s growth reflects evolving customer needs beyond EV charging infrastructure.
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“EV charging was the entry point, but our customers increasingly need help operating more complex energy infrastructure. This investment from S2G accelerates our evolution into a full energy solutions provider and allows us to advance smarter technology and strengthen our service capabilities nationwide.”
Rich Mohr, CEO, InCharge Energy
“Demand for reliable, tech-enabled network operations will only intensify as the installed base of chargers and distributed energy resources continues to expand and mature. We believe InCharge is exceptionally well-positioned to capture that shift and move the industry from reactive, break-fix maintenance to proactive, performance-driven management. We’re looking forward to supporting the team on its next chapter of growth.”
Bala Nagarajan, Managing Director, S2G Investments
