Electric vehicle charging companies depend on reliable internet access to sell electricity to customers, track usage data, authenticate users and receive over-the-air updates. Two-year-old Xeal, founded by Isaacson and Nikhil Bharadwaj, aims to solve this problem by bypassing Wi-Fi connectivity entirely through a patent-pending protocol called Apollo, which uses time-bound cryptographic tokens and distributed ledgers.
Xeal’s software grants access, processes payments, and charges vehicles without a direct connection to the cloud. And Xeal’s EV chargers provide multifamily properties and workplaces with the ability to schedule drivers, optimize availability, minimize peak charging expenses, and generate revenue.
Category: Electric vehicles
Based in: Venice, CA
Founded in: 2019