AmpUp provides a smart EV charging platform and energy management solutions aimed at simplifying charging and balancing energy usage. The company operates a network of thousands of EV charging stations deployed for customers across North America, including JLL, CBRE, Domino’s Pizza, Goodyear, Under Armour, and Hilton. Led by CEO Tom Sun, AmpUp focuses on technology that supports a cleaner, smarter grid through intelligent charging and energy management. With the completion of its Series A, the company plans to accelerate market expansion and continue innovating within the EV charging sector. The round reinforces AmpUp's position in the commercial charging market and supports its ongoing product and go-to-market initiatives. AmpUp, founded in 2018 and based in Santa Clara, California, provides comprehensive EV charging services in North America. The company operates a platform and services for electric-vehicle charging deployment and management. In December last year Hyundai Motor acquired a minority equity stake in AmpUp, reflecting strategic investor interest. AmpUp previously received an investment from Hyundai's Cradle team in 2020 (amount undisclosed). Beyond those disclosed investments, the article provides no revenue, user, or other operating metrics. No explicit future product plans for AmpUp were detailed in the article. AmpUp is a Santa Clara, CA-based provider of an electric vehicle (EV) charging operating system. Its platform manages a network of Level 2 and DC Fast chargers deployed across North America for customers including JLL, CBRE, Domino’s Pizza, Goodyear, Under Armour, and Hilton. The company reports its network represents over 30% of all networked Level 2 charging stations in Connecticut and over 94% of all private chargers in the state. AmpUp also reports a 96.4% charge session success rate and nearly 100% system uptime across its integrated network. Led by CEO Tom Sun, AmpUp plans to deepen its presence in Connecticut by opening a new office in East Hartford in early 2024. In December 2023 the company received a $1.7M grant from the State of Connecticut’s Public Utility Regulatory Authority to support EV charging demand flexibility. AmpUp offers a proprietary EV charging operating system that centralizes management of multiple charge stations and locations, simplifies charge scheduling, and optimizes energy use. The platform provides increased visibility into key charging metrics and infrastructure control for organizations and drivers. AmpUp's software has been deployed across North America and Europe and serves customers including JLL, CBRE, Cushman & Wakefield, Citizens Bank, Hilton Garden Inn, and Holiday Inn. The company plans to accelerate fleet electrification by making smart charging solutions easier to scale and implement. A strategic investment and collaboration with Holman is intended to integrate AmpUp's charging data with Holman's vehicle operating data to reduce data fragmentation, mitigate fraud, and eliminate visibility blind spots for fleet operators. AmpUp is a Cupertino, CA-based software company and network provider that builds EV charging solutions for drivers, hosts and fleets. Its platform enables businesses and property owners to efficiently manage multiple charge stations and locations from a single interface. AmpUp operates across North America, including all 50 U.S. states, Canada, Mexico and Puerto Rico. The company's network and software have been deployed for customers such as JLL, CBRE, Cushman & Wakefield, Hilton Garden Inn and Holiday Inn. The business is led by CEO and co-founder Thomas Sun and combines network services with charging management software. The article does not disclose revenue, user counts, or other financial metrics.

Total raised

$17M

Funding rounds

6

Latest round

Series A

Latest activity

Sep 2024