PlugOp

Links🖇️

Pitch Deck / Website

Journey ⛰️ 

PlugOp Technologies, founded in August 2022 by Ohio State University alumni Cory Miller, Tyler Simons, and Mark Pfeffer, is redefining EV charging for apartment complexes with energy management software that reduces installation costs by 40% by avoiding grid upgrades. Features like assigned charging and vehicle linking enhance user experience. From a 2024 pilot to $600K in Q2 2025 revenue, a $4.5M pipeline (1,480 ports, 85% close rate), and MSAs for 700 buildings, PlugOp has partnered with UDR Apartments, Fairfield Residential, and Witkoff Group. Backed by Techstars, Forum Ventures, and Henry Talamantes (ex-Fetch Package), it’s Ohio-made in Columbus. Currently raising $500K via convertible note, PlugOp targets $4M revenue and $660K ARR by EOY 2025, aiming for a multi-hundred million plus exit by 2027.

Location 🗺️

HQ: 1275 Kinnear Rd, Columbus, Ohio 43212 

Leadership 🤼 

Contact: cory@pilugop.com | tyler@plugop.com | +1 (440) 541-7438

• Cory Miller (CEO)
• Tyler Simons (CFO/COO)
• Mark Pfeffer (Founding Engineer)
• Chad Filipovich (Chief Sales Officer)
• Henry Talamantes (GTM Lead)
• Ainee Dehradunwala (Director of Sales)
• Advisors: Rob Van Harren, Alan Gilbert, Dr. Stephanie Stockar

Alignment 💫

Stage: Seed
Industry: Electric Vehicle Charging (PropTech)
Key Achievements:

• $600K revenue (Q2 2025), up from $400K (Q1 2025), $100K (2024)
• $4.5M pipeline for 1,480 EV ports across 75 properties (85% close rate)
• Secured MSAs with five clients covering ~700 buildings nationwide
• Launched GTM in Q3 2024; software enables 4+ chargers per circuit, 40% cost savings
• Partnered with UDR Apartments (~10 properties), Fairfield Residential, Witkoff Group
• Backed by Techstars, Forum Ventures; added Henry Talamantes (ex-Fetch Package, $170M raised)
• Achieved month-to-month profitability (April 2025)
• Finalizing contract to replace ~300 ChargePoint stations (May 2025)

Upcoming Milestones:

• Close $500K convertible note (July 2025, $5M cap, 20% discount)
• Reach $4M revenue, $660K ARR by Q4 2025
• Install 1,296 ports across 667+ properties by EOY 2025
• Launch Pre-Seed round at $12M valuation (Q1 2026)

Asks 🙋

• Ohio-based investors for $500K round
• intros to apartment property managers and REITs
• Utility and electrification partners for scaling

Round Details

• Target: $500K (convertible note)
• Committed: $3.935M (prior rounds, assumed pre-2024 per financials)
• Co-investors: Techstars, Forum Ventures, non-public proptech peers
• Round Open: Q1 2025
• Round Close: July 2025 (extended from May 2025)
• Valuation: $5M cap (convertible note); $12M targeted for Q1 2026
• Investment Type: Convertible Note

Coverage

ODP began covering PlugOp in April 2025, highlighting its $400K Q1 2025 revenue, $4.5M pipeline for 1,480 ports, and MSAs for 700 buildings, with Henry Talamantes onboarded. By May 2025, PlugOp reported $600K in Q2 sales, a contract to replace 300 ChargePoint stations, and maintained its pipeline’s 85% close rate. As of June 2025, PlugOp is finalizing its $500K convertible note (extended to July) and targeting $4M revenue by EOY, reinforcing its role as a leader in Ohio’s EV charging ecosystem.