Today, I’m excited to announce Powerhouse Ventures’ newest portfolio company, SHAED Inc., a first-of-its-kind platform to unify, digitize, and connect each stakeholder and stage of the commercial vehicle procurement process—from configuration, build, sales, and delivery. Procuring commercial EVs today is particularly cumbersome and manual, involving numerous verbal and written conversations between buyers, OEMs, upfitters, and service providers. SHAED’s solution dramatically simplifies the procurement process, a critical first step in fleet electrification. As fleets transition, SHAED offers a comprehensive acquisition platform to meet buyers where they are in their electrification journey. Powerhouse Ventures is proud to join SHAED’s $5.7M Seed round alongside @EnerTech Capital, with additional participation from undisclosed parties. We look forward to working with CEO & Co-Founder Ryan Pritchard, CTO & Co-Founder Masaood YUNUS, and CFO & Co-Founder Eddie Schick to digitize and accelerate commercial #EV procurement. #electrification #climatetech #venturecapital
Thanks Emily Kirsch. Look forward to the journey ahead. We are just getting started and appreciate the partnership. 🤝
That sounds like a groundbreaking initiative. Exciting to see innovative solutions in the commercial EV space. How do you think this will impact the industry? Emily Kirsch
Fleet electrification streamlined: SHAED simplifies commercial EV procurement. Emily Kirsch
Great to have Powerhouse and Emily Kirsch as a co-investor to help build and grow this exciting company!!!
Nice Wally Hunter and Emily Kirsch
🚛⚡️💚
This is such an innovative step for the industry 🚀 SHAED Inc.'s platform addressing the complexities in commercial EV procurement is truly impressive. Excited to see the growth ahead!