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Crocus Energy
AI-powered software optimizing large-scale EV fleet charging for grid decarbonization
About Crocus Energy
Crocus Energy is a seed-stage startup, backed by Accel and Lightspeed, with a mission to decarbonize the grid by transforming commercial buildings into grid-stabilizing assets. The company provides an AI-powered software platform that optimizes the charging of large-scale electric vehicle (EV) fleets. This platform integrates with existing telematics, charging, and depot management systems, offering a holistic solution for fleet operators to minimize charging costs, support driver schedules, and extend battery life. It also enables fleets to take advantage of utility programs, wholesale market prices, and other revenue-generating opportunities, ensuring vehicles are ready for their routes. Founded in 2022 by John Salter and Alistair Johnson, who have backgrounds in AI research and climate tech, Crocus Energy has raised $4 million in seed funding. While initially focused on North American and European EV fleet markets, the long-term vision is to expand the platform to other types of commercial buildings.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Redwood City, United States
- Employees
- 9
- Open positions
- None listed
- Dealroom signal
- 85.0/100
- Industry
- Energy
- Sub-industry
- Energy Efficiency
- Sector
- Energy, Smart Grid, Sustainable Development Goals, EV Charging, Climate Tech, Energy Management System
- Technology
- Artificial Intelligence
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Nov 2025 | $23M | $90M | Undisclosed | ↗ |
| SERIES B✓Equity / VC | Mar 2023 | $5.4M | $21M | S&S Investment · Shinhan Asset Management · Pioneer Investment · E&Investment | ↗ |
Growth signals
Latest recorded traffic for Crocus Energy is 1.5K monthly website visits, down 65.9% over the last three months. Crocus Energy's team grew 28.6% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
S&S Investment
Shinhan Asset Management
Pioneer Investment- E&E&Investment
Other known investors2 additional known investors
Bass Investment
Samsung Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Crocus Energy on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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