Powering the Future of Electric Mobility
Paren Acquires EVSession LLC: Powering the Future of Electric Mobility
In a transformative move set to revolutionize the electric vehicle (EV) charging landscape, Paren Inc. is thrilled to announce its acquisition of EVSession LLC, founded by EV data pioneer Bill Ferro. This strategic union brings together two visionaries in the EV space, combining their expertise to accelerate the adoption of electric vehicles and foster a more sustainable future.
Bringing It All Together: A Shared Vision
At Paren, we believe in addressing the core challenges of EV charging infrastructure as a prerequisite for broader electric vehicle adoption. Our mission to bring it all together aligns perfectly with EVSession's groundbreaking work in charger reliability tracking. This acquisition marks a significant step towards our goal of creating a seamless, reliable, and user-centric EV charging experience.
The Visionaries Behind the Movement
Bill Ferro: Pioneering Reliability in EV Charging
Bill Ferro, the founder of EVSession LLC, has been at the forefront of the EV revolution since 2012. After departing from IBM in 2022, Bill set out to tackle the root cause of charging anxiety head-on. His innovative software algorithm, designed to measure the reliability of individual charging stations using analytical data, has transformed the industry's approach to charger dependability.
Bill's work caught the attention of national press, establishing him as the voice of charger reliability. His data-driven insights have not only correlated with drivers' real-world experiences but have also attracted industry experts and paying customers, validating the critical need for such solutions in the market.
Florent Breton: Driving Innovation in Electric Mobility
Florent Breton, with his extensive experience in the EV sector, including a tenure at Tesla, recognized the pressing need for a B2B software solution to address charger reliability. His vision for Paren Inc. aligns perfectly with the future of EV charging—where reliable data is seamlessly integrated into existing navigation systems, eliminating the need for multiple apps and reducing range anxiety.
A Powerful Collaboration
When Florent and Bill connected in October 2023, what began as a brief conversation blossomed into a shared vision for the future of electric mobility. Recognizing the strength in collaboration, they decided to join forces, with Paren Inc. acquiring EVSession LLC in February 2024.
This strategic move positions Paren at the forefront of the EV charging revolution, combining Bill's expertise in reliability tracking with Florent's vision for seamless data integration. Together, they're set to transform the EV charging landscape, making electric vehicle adoption more accessible and appealing than ever before.
Charging Ahead: The Road Forward
The acquisition of EVSession LLC by Paren Inc. is just the beginning of our journey to revolutionize the EV charging experience. In March 2024, Paren secured its first funding round, led by Base10, further solidifying our position as a leader in the electric mobility sector.
As we move forward, Paren remains committed to our core values of reliability, trust, and innovation. We're not just providing data; we're bringing together the entire EV charging ecosystem, empowering stakeholders with comprehensive, real-time insights that drive informed decision-making and foster robust partnerships across the EV landscape.
Join us as we charge ahead, powering the future of electric mobility with unified data insights. Together, we're creating a world where every journey is powered by trust, reliability, and sustainability.
Learn more about our vision here (link to the blog post related to our vision)
Paren: Where Data Meets Drive.
We're turning complex, fragmented data into a clear, actionable picture, accelerating the adoption of electric vehicles and fostering a more sustainable future.
