AmpUp
EV charging solution
- 21-100 employees
- B2B
- Energy
- Transport
- Electric Vehicles
- SaaS
- Environmental
- Santa Clara, CA
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Company mission
To redefine EV charging by making it dependable and accessible for all.
Our take
AmpUp was founded to support the transition to electric vehicles, which is a core strategy in mitigating global greenhouse gas emissions. Despite recent advances in EVs, the relative inaccessibility of charging points leaves the vehicles out-of-the-question for many consumers.
The company hosts a charging operating system that simplifies charging for drivers, charging point hosts, and fleets. It does this by connecting EV drivers to charging hosts in the residential, private and public segments, thus enabling more drivers to go electric without worrying about home-charging solutions. Drivers use the company's Driver App to locate charging stations, while hosts use its Charger Management features to determine who uses their chargers and manage the profit they make on charging usage.
AmpUp secured substantial funding in late 2024 and reported impressive growth over the past 24 months, stating subscription revenue was up by over 7x and EV port management and charging port utilization had tripled. Since its funding round, its secured a number of partnerships too, this, coupled with the drive to sustainable transport puts AmpUp in a very good position for an even brighter future.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (last 2 of 3 rounds)
Sep 2024
$15m
SERIES A
Dec 2023
$1.7m
GRANT
Total funding: $16.9m
This company has top investors
Leadership
Tom Sun
(Founder & CEO)Previously a Senior Software Engineer at Twitter and a Machine learning Software Engineer at ADATAO.