Presto

Presto, operated by ChargePass, Inc., provides electric vehicle charging access and management through a mobile app and partner-facing platform. Drivers use a single app to locate, start and pay for charging sessions across DC fast chargers and Level 2 chargers on partner networks, with features including price comparison across stations, real-time station status and availability, and support for charging a range of vehicles including Tesla models. The company's help documentation covers connector types, starting and stopping sessions, monitoring session progress, troubleshooting failed or early-ended sessions, and disconnecting from stations.

For fleets and enterprises, Presto positions the same app as a combined driver and fleet-manager solution, offering granular charging data and real-time charging information so that charging can be managed similarly to fuel without a physical card. It also offers APIs and white-label products for organizations that operate their own applications.

For charging networks and charge point operators, Presto markets itself as a source of incremental demand intended to raise station utilization without adding congestion, while offloading fleet customer acquisition, support, sales and payment costs. Additional network-facing offerings include reliability insights, user feedback and white-label solutions aimed at improving station profitability and margins.

Founding story

The company was co-founded by Ashwin Dias, who serves as Co-founder and CEO, and J.J. Raynor, who serves as Co-founder and CFO.

Business model

Presto acts as an intermediary layer between EV drivers, fleet and enterprise customers, and third-party charging networks. It provides a consumer and fleet charging app plus APIs and white-label products to partners, and offers charging networks demand aggregation, fleet acquisition and support, sales and payment handling, reliability insights and user feedback.

Traction

The company's site reports more than 180,000 chargers accessible, more than 600,000 charging sessions, and over 5,000 app reviews with a 4.9 average rating.

Latest developments

The company's team page lists a leadership group spanning product, operations, engineering, business development, finance, fleet partnerships, partnerships and growth strategy, and data science, and it is advertising open positions.