Coral Reef EV
Coral Reef EV is a turnkey commercial EV charging infrastructure installer and fleet electrification services provider serving SMBs, municipalities, universities, hospitality, and multi-family properties in the U.S., with 400+ ports installed using vendor-neutral OCPP hardware from Tesla, ABB, Siemens, and others.
- Company typePrivate
- Founded2022
- HeadquartersJonestown, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Coral Reef EV does
Coral Reef EV LLC (operating as Coral EV) is a U.S.-based commercial EV charging solutions provider founded in 2022 and headquartered at 2632 N Rt. 72, Jonestown, Pennsylvania. The company delivers turnkey EV charging infrastructure services — site evaluation, design, permitting, procurement, installation, commissioning, and ongoing operations and maintenance — to small and medium businesses, municipalities, universities and schools, hospitality venues, multi-family property operators, and asset and property managers. As of the latest reporting, Coral EV has installed more than 400 EV charge ports across commercial properties, representing approximately $25 million in cumulative project investment.
The company's technology approach is vendor-neutral and OCPP-compliant, sourcing hardware and software from multiple established charging vendors including Tesla, ABB, Siemens, Autel, ChargeLab, and Synop. Coral EV's product portfolio spans two core lines — Commercial EV Charging Solutions and EV Fleet Solutions — supported by educational and lead-generation resources including a Fleet Savings Calculator (a 10-year TCO comparison tool), a free EV Fleet Conversion Analysis service, a Commercial EV Charger Installation Guide, and an FAQ resource. The Fleet Savings Calculator and Conversion Analysis are explicitly positioned as demand-generation and consultative-selling tools rather than AI-driven products. Revenue is generated through project-based installation fees (one-time equipment and labor), recurring operations and maintenance service contracts, fleet electrification professional services, and assistance with incentive and financing applications. Pricing spans $750–$5,000 per Level 2 port to approximately $60,000 per DC fast charger, with installation typically representing 60–80% of total project cost for Level 2 and 30–50% for DC fast.
Coral EV goes to market through a sales-led, consultative motion: free strategy sessions feed a direct sales pipeline, supplemented by website-based lead generation tools, an active LinkedIn presence, and SEO/content marketing. The company is privately held and founder-led by three co-founders — Alex, John, and Nirav — who together claim more than 50 years of combined leadership experience building private technology and services businesses and $25 million previously deployed across clean energy, mixed-use/multi-family real estate, and technology startups. The company is a Delaware LLC with no parent entity, no disclosed institutional venture or private equity backing, and a single disclosed capital event: an April 2024 SEC Form D securities offering targeting up to $750,000, of which $465,000 had been sold at the time of filing.
Coral Reef EV firmographics
Firmographics- Name
- Coral Reef EV
- Legal name
- Coral Reef EV LLC
- Website
- https://coralev.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Coral Reef EV is a turnkey commercial EV charging infrastructure installer and fleet electrification services provider serving SMBs, municipalities, universities, hospitality, and multi-family properties in the U.S., with 400+ ports installed using vendor-neutral OCPP hardware from Tesla, ABB, Siemens, and others.
- Ownership category
- akta.pro rank
Coral Reef EV industry classification
Industry- Product category
- Commercial EV Charging Infrastructure Services
- SIC
- Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- EV Charging Infrastructure & Management (EDALAKAI)
Keywords
Where Coral Reef EV is headquartered
LocationHeadquarters
- HQ city
- Jonestown
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Coral Reef EV business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Commercial EV Charging Installation: Turnkey EV charging station installation including site evaluation, design, permitting, procurement, and commissioning. Revenue is generated from equipment sales, installation labor, and project management fees.
- EV Charging Operations & Maintenance: Ongoing operations and maintenance services for EV charging stations including payment processing, compliance, cybersecurity, and 24/7 remote monitoring. Revenue generated through service fees.
- EV Fleet Solutions: Comprehensive fleet electrification services including vehicle analysis, fleet charging infrastructure, management software setup, and maintenance packages.
- Incentives & Financing Services: Application services for tax incentives, rebates, and grants. Financing options available for the difference between project costs and incentive amounts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Level 2 Chargers - $750-$5,000 per port |
| Unit Pricing | Pay-as-you-go | DC Fast Chargers - approximately $60,000 per station |
| Subscription | Annual | Network fees - $100-$900 annually per charger |
| Usage-based | Pay-as-you-go | Electricity costs - $0.08-$0.15 per kWh plus $0.03 excise tax |
| Subscription | Annual | Maintenance costs - $50-$500 yearly for software, $100-$1,000 for repairs |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Coral Reef EV product offering
Product offeringCore offering
Coral Reef EV delivers turnkey commercial EV charging infrastructure solutions for businesses, educational institutions, municipalities, hospitality venues, and multi-family properties. Services span site evaluation, design, development, permitting, equipment procurement, installation, commissioning, and ongoing operations and maintenance. The company also provides comprehensive EV fleet electrification services including vehicle analysis, fleet charging infrastructure, management software setup, incentive and grant application assistance, and financing options.
Product overview
Coral EV offers a unified product and service portfolio centered on EV charging infrastructure and fleet electrification. The core offerings consist of Commercial EV Charging Solutions (turnkey design, installation, and maintenance of commercial charging stations) and EV Fleet Solutions (comprehensive fleet electrification services including vehicle analysis, charging infrastructure, and management software). Supporting the core offerings are multiple tools and educational resources including the Fleet Savings Calculator for comparing total cost of ownership, the EV Fleet Conversion Analysis for personalized electrification planning, and a Commercial EV Charger Installation Guide plus FAQ resources. Together, these products enable businesses, municipalities, and fleet operators to evaluate, implement, and manage EV charging infrastructure.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial EV Charging Solutions End-to-end commercial EV charging solution for businesses, educational institutions, and communities, covering site evaluation, design, development, permitting, equipment procurement from 20+ vetted vendors, installation, commissioning, operations, maintenance, and access to incentives and financing.
- EV Charging Operations & Maintenance Ongoing managed service for installed EV charging stations including 24/7 remote monitoring, payment processing, regulatory compliance, cybersecurity, and repair/maintenance, typically billed via annual network fees ($100-$900 per charger) plus software/repair add-ons.
- EV Fleet Solutions Full-scope fleet electrification service for small and medium businesses and municipalities, including vehicle and routing data analysis, financial planning, low/no-emission vehicle recommendations, fleet charging infrastructure design and buildout, fleet management software setup, and maintenance packages.
- Incentives & Financing Services Professional services supporting customers with tax incentive, rebate, and grant applications for EV charging projects, plus financing arrangements that cover the difference between project costs and available incentive amounts.
Quantifiable outcome
- 50% lower fuel costs compared to gas fleets
- +4 more outcomes
Companies that use Coral Reef EV
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles1 record
Coral Reef EV technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Coral Reef EV partnerships and signals
Strategic signalScale indicators8 records
Recent moves5 records
Expansion highlights5 records
Coral Reef EV competitors and assessment
Company assessmentDirect peers
- AMPECO: AMPECO provides an EV charging management platform used by charge point operators to deploy commercial networks, competing in the software/services layer that underpins Coral EV's managed services offering.
- ChargePoint: ChargePoint is the largest pure-play commercial EV charging network operator in North America, selling hardware, software, and services to businesses, fleets, and municipalities - directly comparable to Coral EV's turnkey commercial offering.
- Greenlots (Shell Recharge): Greenlots, now part of Shell, offers EV charging management software and turnkey commercial charging solutions to utilities, fleets, and site hosts; comparable commercial infrastructure and software services to Coral EV.
- EverCharge: EverCharge specializes in EV charging solutions for fleet and multi-family properties, providing both hardware and management software - closely aligned with Coral EV's fleet and multi-family service lines.
- EVgo: EVgo is a major US public EV charging network operator focused on DC fast charging and commercial/fleet installations; a comparable competitor in commercial EV infrastructure deployment.
- SemaConnect (now Blink): SemaConnect was a leading commercial EV charging solutions provider in the US, now integrated into Blink Charging, focused on multifamily, workplace, and hospitality verticals that closely mirror Coral EV's target segments.
- FLO: FLO is a Canadian-based EV charging network operator offering Level 2 and DC fast chargers along with a cloud management platform, providing similar turnkey commercial EV charging services as Coral EV across North America.
- Blink Charging: Blink Charging provides a comprehensive portfolio of EV charging hardware, software, and managed services to commercial properties, fleets, and municipalities, overlapping directly with Coral EV's end-to-end install and operations model.
Broad incumbents
- ABB E-mobility: ABB E-mobility is a global incumbent that manufactures EV charging hardware and offers site-solution services; it is both a Coral EV technology partner (per provided data) and a broad-scale alternative for commercial customers evaluating full-stack providers.
- Virta: Virta is a European-headquartered EV charging platform offering hardware-agnostic software, services, and turnkey solutions to operators and fleets globally; broad incumbent alternative in commercial EV charging management.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Coral Reef EV social profiles
Digital presenceCoral Reef EV financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coral Reef EV leadership team
Management profileNumber of profiles
Profiles3 records
Coral Reef EV funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coral Reef EV M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coral Reef EV
What does Coral Reef EV do?
Coral Reef EV delivers turnkey commercial EV charging infrastructure solutions for businesses, educational institutions, municipalities, hospitality venues, and multi-family properties. Services span site evaluation, design, development, permitting, equipment procurement, installation, commissioning, and ongoing operations and maintenance. The company also provides comprehensive EV fleet electrification services including vehicle analysis, fleet charging infrastructure, management software setup, incentive and grant application assistance, and financing options.
Is Coral Reef EV a public or private company?
Coral Reef EV is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Coral Reef EV founded?
Coral Reef EV was founded in 2022. It employs 1 to 10 people.
Where is Coral Reef EV based?
Coral Reef EV is headquartered in Jonestown, United States, in the North America region.
How does Coral Reef EV make money?
Four revenue lines are on record. Commercial EV Charging Installation is the primary driver. The others are EV Charging Operations & Maintenance, EV Fleet Solutions and incentives & Financing Services.
Who are Coral Reef EV's main competitors?
Direct peers on record are AMPECO, ChargePoint, Greenlots (Shell Recharge), EverCharge, EVgo, SemaConnect (now Blink), FLO and Blink Charging. Broad incumbents are ABB E-mobility and Virta.
Does Coral Reef EV have an API?
No public API is recorded for Coral Reef EV.
What industry is Coral Reef EV in?
Coral Reef EV's product category is Commercial EV Charging Infrastructure Services. Its primary akta.pro industry code is EDALAKAI, EV Charging Infrastructure & Management. Its SIC code is 4900.