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§ Private Profile · Fort Collins, CO, USA
Technology company developing DC power optimizers for large-scale solar and energy storage systems, focused on optimizing PV performance.
Based in Fort Collins, Colorado, Ampt develops direct current power management technology and optimizers for large-scale solar photovoltaic and energy storage systems. The hardware manufacturer serves utility-scale developers, engineering firms, and commercial operators globally, having deployed multiple gigawatts of its direct current optimizer technology across international markets. Operating with an estimated 146 employees and generating approximately $6 million in annual revenue, the enterprise has raised $40.9 million in total venture funding. This capitalization includes a $25 million Series C financing round backed by lead investors Bohemian Investments and the Schatz Family Trust. The firm maintains strategic industry partnerships through the HDPV Alliance and recently defended its intellectual property in a high-profile patent dispute against major competitor SolarEdge at the United States International Trade Commission. Ampt was founded in 2007 by Jeremy Daly and Doug Schatz.
Ampt has raised $40.0M across 2 funding rounds.
Key people at Ampt.
Ampt has raised $40.0M in total across 2 funding rounds.
Ampt has raised $40.0M across 2 funding rounds. Most recently, it raised $15.0M Other Equity in September 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 11, 2017 | $15M Venture Round | — | Doug Schatz, Bohemian Investments | Announced |
| Jul 15, 2015 | $25M Debt Financing | Bohemian Investments | Doug Schatz | Announced |
Key people at Ampt.
Ampt is a renewable energy technology company specializing in power conversion solutions for large-scale solar photovoltaic (PV) systems. Founded in 2007 and headquartered in Fort Collins, Colorado, Ampt develops string-level DC power optimizers that lower the cost per kilowatt-hour of solar energy, improve PV plant performance, and enable efficient DC-coupled energy storage.[1][2][4][6] These products serve utility-scale solar developers, operators, and energy storage integrators worldwide, addressing key challenges like electrical mismatch in degrading PV arrays, high system costs, and integration with batteries to accelerate fossil fuel replacement with affordable solar.[1][2][6] Ampt holds the position of global leader in DC optimizers for large-scale PV and DC-coupled storage, with rapid growth including doubled annual shipments and production capacity expansions to 4 GW by end-2022.[2]
Ampt was established in 2007 with a core mission to enhance PV power generation and reduce renewable energy costs through innovative power conversion technology.[1][4][5] While specific founder details are not detailed in available sources, the company's leadership includes a Founder and Chairman, CEO Levent Gun, Chief Scientist, and VPs in engineering, operations, sales, and marketing—all with deep expertise in PV systems, markets, and scaling tech companies.[4] Early focus on award-winning DC optimizers evolved into dominance in fast-growing segments like utility-scale solar and solar-plus-storage, marked by pivotal deployments such as the largest solar-plus-storage plant in Latin America (240 MW in South America) and recognition as a Top Ten Energy Storage Solutions Provider in 2022.[2][6][7] This trajectory reflects consistent innovation, patented technologies, and customer-centric growth.[1][2][4]
Ampt stands out in the solar optimization market through patented, high-performance technology tailored for utility-scale applications:
Ampt rides the explosive growth of utility-scale solar and hybrid solar-plus-storage, segments among the fastest-expanding in renewables amid global decarbonization pushes.[1][2][6] Timing aligns with plummeting battery costs, rising energy storage demand for grid stability, and policies favoring clean energy—e.g., enabling peaker plants that store remote solar for peak urban demand, as in Latin America's record 240 MW project.[2][7] Market tailwinds include PV degradation challenges and repowering needs, where Ampt's tech cuts LCOE (levelized cost of energy) to hasten solar adoption over fossils.[2][6] By lowering barriers to massive GW-scale deployments, Ampt influences the ecosystem through superior DC optimization standards, fostering developer ROI, O&M efficiency, and alliances that propel the clean energy transition.[1][2][4]
Ampt is primed to expand as solar+storage hybrids dominate, with production ramps, new patents, and global deployments fueling multi-GW scale.[2][4] Trends like AI-driven grid management, further battery cost drops, and repowering booms will amplify its edge, potentially capturing more market share in emerging regions.[1][6][8] Influence may evolve toward ecosystem orchestration via partnerships and data platforms, solidifying its role in cost-effective clean energy at terawatt levels—directly advancing the mission to make solar the fossil fuel killer.[2][6]
Ampt has raised $40.0M in total across 2 funding rounds.
Ampt's investors include Doug Schatz, Bohemian Investments.
