EV Charging Software: $60M Raised + Monta’s Race to Become the “Android of Charging”

Learn how Monta scaled to 170 employees in just 2 years, secured $60M from top climate investors, and is building the operating system unifying the global EV charging ecosystem.⭐ My guest today is Casper Rasmussen, co-founder and CEO of Monta.Monta is “the operating platform powering the EV ecosystem serving drivers, companies, cities, and the electricity grid with one integrated software solution.” Based in Denmark, with 8 offices and 170+ employees, they are backed by leading climate investors such as Energize Venture and Pale Blue Dot.---🎙️ In this episode, we talked about:- How he grew his company from 0 to 150+ employees in just over 2 years- What led investors to commit more than $60M to his company’s growth- Why Monta aims to be the “Android of EV charging software”- How their technology allows EV owners to optimize for the lowest power cost and GHG emissions for their charging- Various hypotheses that they tried and abandoned for the current business model- How beer among the early team at a summer house led to the core values they have today- What radical transparency means for them around salary, equity, and financial disclosure to all employees- Why half of the team is focused on R&D and innovation- What led to EVs being 50-90% of new car purchases in Denmark, Sweden, and Norway- And lots more---🙏 Hope you enjoy it!📣 And give Casper and Monta a shout-out on LinkedIn, Slack, or Twitter by sharing this podcast with your people.---👍 Please leave a review or rating on your favorite podcast player. This is the #1 way that more listeners can discover the amazing climate CEOs and investors I get to interview here.---🌎 Entrepreneurs for Impact is on a mission to help climate innovators grow faster with new investment capital, share best practices among peers, expand their networks, and reach their full potential.Here's our weekly newsletter — A 3-minute summary of climate tech startups, better habits, and deep work trends: ⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠Our main program is a Climate CEO Mastermind peer group community: ⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠Our invite-only cohorts of 12 executives catalyze personal development and business growth via monthly meetings, annual retreats, and 1:1 coaching and strategy calls. Today’s highly curated Mastermind members represent over $8B in market cap or assets under management.Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.