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§ Private Profile · Cupertino, CA, USA
EV charging software and network solutions platform for businesses, fleets, and property owners, focused on efficient management.
AmpUp has raised $17.0M across 3 funding rounds.
Key people at AmpUp.
AmpUp was founded in 2018 by Thomas Sun (Founder).
AmpUp has raised $17.0M in total across 3 funding rounds.
Based in Cupertino, California, AmpUp provides an electric vehicle charging operating system and network management software for commercial property owners, municipalities, businesses, and fleet operators. The company operates a hardware-agnostic platform that enables commercial clients to monitor, schedule, and monetize charging infrastructure through a tiered software-as-a-service subscription model. Operating with a current workforce of 45 employees, the enterprise serves over 1,000 active customers across the United States and Canada while capturing an estimated four percent market share in commercial Level 2 charging. AmpUp manages electric vehicle charging networks for corporate clients including Under Armour, CBRE, and Hilton. The firm recently secured $17 million in Series A venture funding, drawing financial backing from lead investor Touchdown Ventures alongside automotive manufacturer Hyundai Motor. AmpUp was originally founded in 2018 by Thomas Sun and Shalabh Kulshreshtha.
AmpUp has raised $17.0M across 3 funding rounds. Most recently, it raised $15.0M Series A in September 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2024 | $15M Series A | Touchdown Ventures | 8VC, Active Impact Investments, Altair Capital Management, Autotech Ventures, Bessemer Venture Partners, Floodgate, Powerhouse Ventures, UpHonest Capital, Y Combinator, Kevin Colas | Announced |
| Mar 18, 2024 | $280K Venture Round | — | — | Announced |
| Dec 21, 2023 | $1.7M Grant | — | — | Announced |
AmpUp was founded in 2018 by Thomas Sun (Founder).
AmpUp has raised $17.0M in total across 3 funding rounds.
AmpUp's investors include Touchdown Ventures, 8VC, Active Impact Investments, Altair Capital Management, Autotech Ventures, Bessemer Venture Partners, Floodgate, Powerhouse Ventures, UpHonest Capital, Y Combinator, Kevin Colas.
Key people at AmpUp.
AmpUp is a software-driven electric vehicle (EV) charging platform that simplifies and optimizes EV charger management for property managers, businesses, municipalities, and fleets across North America and Europe. Its cloud-based platform enables users to control access, scheduling, energy usage, and payment processing for a wide range of EV chargers, including Level 1, Level 2, and DC fast chargers. AmpUp’s mission is to make EV charging as simple and reliable as LED lighting by providing intuitive, scalable, and hardware-agnostic solutions that enhance the charging experience for drivers and site hosts alike. The company serves commercial real estate, fleet operators, municipalities, and EV drivers, addressing the complexity and fragmentation of EV charging infrastructure with a unified, user-friendly software solution. AmpUp has demonstrated strong growth, capturing 4% of the U.S. commercial Level 2 charging market within three years and expanding its network to over 1,000 customers and thousands of chargers[1][2][4][5].
Founded in 2019, AmpUp was created by EV drivers and engineers who recognized the technical and usability barriers hindering mainstream EV adoption. The founders experienced firsthand how confusing EV charging could be, with complex terms like kilowatts and load management creating a high education barrier. This motivated them to develop a platform that makes charging management intuitive and accessible for all users. Early traction came from deploying a cloud-based SaaS product that allowed site hosts to easily manage multiple chargers and locations, while drivers benefited from a consistent, seamless charging experience. AmpUp’s growth accelerated with strategic partnerships and funding rounds, including a $15 million Series A in 2023, which supported expansion and product development[1][2][4].
AmpUp is riding the accelerating global trend toward electrification of transportation and the urgent need for scalable, reliable EV charging infrastructure. The timing is critical as governments and private sectors invest billions into EV infrastructure to meet climate goals and growing EV adoption. AmpUp’s software-centric approach addresses key market challenges: fragmented hardware ecosystems, complex energy management, and inconsistent user experiences. By making EV charging management as simple and dependable as LED lighting, AmpUp helps unlock EV adoption at scale, supporting the transition to cleaner transportation. Its platform also contributes to smarter grid integration through energy optimization and vehicle-to-grid capabilities, aligning with broader sustainability and smart city initiatives[1][3][6].
Looking ahead, AmpUp is well-positioned to expand its footprint across North America and Europe, leveraging its scalable software platform and strong industry partnerships. Continued growth will likely be driven by increasing commercial and municipal EV infrastructure deployments, fleet electrification, and integration with emerging energy management technologies. Trends such as grid modernization, demand response, and expanded government incentives will shape AmpUp’s evolution, enabling it to offer more sophisticated energy balancing and revenue optimization features. As EV adoption accelerates, AmpUp’s influence will grow by making charging infrastructure more accessible, reliable, and financially viable, ultimately helping to mainstream electric mobility and support a cleaner energy future. This aligns with their founding mission to make EV charging as simple and reliable as LED lights, transforming EV charging into a ubiquitous utility[4][6].
