3 years ago

Zeti Secures Investment from Toyota Ventures to Expand EV Financing Platform

  • Zeti, a London and Santa Monica-based financial services technology provider, has received an investment from Toyota Ventures' Climate Fund

  • The amount of the deal was not disclosed

  • Zeti manages consumption-based EV and infrastructure financing, providing a marketplace for institutional financiers to deploy capital into clean, connected vehicle fleets through a pay per mile model

  • The company intends to use the funds to accelerate growth, expand operations, and its business reach.

      • ProblemFinancial Services

      "Financial institutions struggle to invest in electric vehicles and infrastructure because of the lack of clear and reliable ways to track performance and manage payments in a pay-per-mile model."

      Solution

      "Zeti provides a platform for institutions to invest in electric vehicle fleets, managing automated payments, real-time financial reporting, and sustainability data for financiers and fleet operators."

      Covered on