Climate CEOs: Scaling Startups 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.com
Our main program is a Climate CEO Mastermind peer group community: https://entrepreneursforimpact.com
Our 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.