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Investor overview

The most contractable flexibility on the network is sitting in depot car parks.

TOGL is depot flexibility software for electric fleets. It cuts charging cost, fits more vehicles onto a depot’s existing grid connection, and is being built to turn that charging load into capacity energy partners can dispatch.

The opportunity

A growing need for flexibility at the edge of the grid.

Electric vehicles, batteries, and distributed energy assets are growing quickly across fleets, depots, workplaces, and commercial sites. At the same time, electricity systems need more flexibility to manage demand peaks and variable renewable generation.

TOGL is building the operational flexibility layer that aggregates depot charging into capacity an energy partner can contract, without breaking the two constraints a depot cannot trade: the connection limit and the departure schedule.

up to 5×

more demand-side flexibility needed by 2030

NESO, Clean Power 2030 advice, November 2024

£2.7bn

GB electricity balancing cost

NESO Annual Balancing Costs Report, 2024/25, June 2025

2.1m

fully electric cars on UK roads

SMMT registration and car parc data, June 2026

£850,000

Pre-seed round in progress

Details on request

UK EV fleet growth

Loading chart

UK battery electric car parc: 2026 and earlier are the published figure, 2027 to 2030 are a TOGL projection reaching 7.4m.

Source: SMMT vehicle parc data, with the June 2026 figure via Zapmap, June 2026. Forward years apply 35% annual growth, just below the 39% compound rate recorded between 2022 and 2025.

UK battery electric car parc, million battery electric cars on UK roads. Years to 2026 are the published UK battery electric car parc. Years from 2027 are a TOGL projection, not a published forecast, and assume continued registration growth at close to the recent rate with no change in policy.
YearBattery electric cars (millions)Basis
20220.66Published figure, year end
20230.98Published figure, year end
20241.33Published figure, year end
20251.8Published figure, year end
20262.1Published figure, to June
20272.9TOGL projection
20284TOGL projection
20295.5TOGL projection
20307.4TOGL projection

The platform

Operational flexibility, without operational disruption.

TOGL schedules depot charging inside two hard limits: the site’s grid connection and the time each vehicle must leave. Site batteries, other controllable loads and on-site generation are the same problem with different assets, and sit beyond 2028 in the roadmap.

The platform is designed to translate operational constraints, vehicle schedules, charge requirements, and site needs, into usable flexibility for energy partners and grid markets.

What TOGL is building

Vehicle and asset connectivity
Constraint-aware scheduling
Flexibility market participation
Fleet and site management

Why depots

Why depots, and why the window is open now.

  • Concentrated load, single counterparty

    A depot puts dozens of large controllable loads behind one connection, under one operator, with one commercial agreement. Contracting the same capacity across domestic properties takes thousands of relationships.

  • Long dwell, predictable duty cycles

    Commercial vehicles return to the same site, at roughly the same time, and sit for hours. That combination of dwell time and predictability is what makes load genuinely shiftable rather than theoretically shiftable.

  • The connection is the binding constraint

    Grid connection queues and capacity limits, not vehicle availability and not charger cost, are what hold up fleet electrification. Software that makes an existing connection go further addresses the constraint that actually binds.

The window is open now

Where we are

Early traction.

TOGL is at post-prototype, integration and pilot stage. Early work includes live vehicle data analysis, commercial pilot activity, and partner development across fleet, energy, and infrastructure channels.

  1. 01

    Live electric HGV charging data analysis completed

    Completed

  2. 02

    Integration and pilot phase underway: eHGV depot orchestration in active development alongside a major truck OEM, a national fuel and energy retailer, and an infrastructure financier

    Underway

  3. 03

    Partner development across fleet and energy channels

    Next

Revenue model

Software-led, aligned with value creation.

Revenue share

TOGL participates in value created from flexibility activity alongside asset owners and energy partners.

API licensing

Integration layer for partners, aggregators, and energy market participants.

Enterprise partnerships

OEM, fleet, infrastructure, and energy partner opportunities across the commercial ecosystem.

The team

Experienced across fleet, energy, SaaS, and EV infrastructure.

WM
Will MadenChief Executive Officer

Original founder and shareholder of Fuuse, taking it to Series A (£8.7m) investment and a team of 82, and now at Series C. Led technical and operational growth to 12,000+ charge points across the UK & Ireland. Two prior exits, with a track record of scaling EV and energy-flexibility businesses from startup to scale-up.

LB
Luke BuckleyChief Operating Officer

Former General Manager (Ireland) at Fuuse, led market entry, growth and P&L delivery. Former Head of Customer Success at UFODRIVE, scaled fleet from 0 to 2,000; integrated with Uber & Hertz. 15+ years' experience scaling SaaS and mobility ventures with deep industry networks.

AB
Alex BakerChief Commercial Officer

Founder and operator, with a prior SaaS exit in Fleet Innovations (36k users, 1.2k customers). Industry advisor, trusted by governments, financiers including Macquarie, and major OEMs. Go-to-market specialist, scaling eHGV and charging solutions from pilot to enterprise.

DT
Dan TurnerChief Product Officer

Delivered £20m+ in funded innovation, turning concepts into commercial solutions. Led design and operation of grid-scale solar, storage, and EV infrastructure. Built high-performing partnerships across utilities, OEMs, startups, and the public sector.

The raise

Raising £850,000 to move from pilot activity to commercial scale.

TOGL is raising an £850,000 pre-seed round to support product development, integrations, commercial pilots, and market entry activity.

Product & technology

Commercial pilots

Business development

Operations & legal

Request the investor pack.

Interested investors can request more information, including the pitch deck, traction summary, product roadmap, and data room access.