Ample

San Francisco, United States Founded: 2014 • Age: 12 yrs Unicorn
Automatic battery swapping solutions for electric vehicles are developed.

About Ample

Ample is a Transportation, Automotive & Logistics company based in San Francisco (United States) founded in 2014 by John De Souza and Khaled Hassounah. Automatic battery swapping solutions for electric vehicles are developed. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Ample has raised $301 million across 7 funding rounds from investors including Shell, Repsol and Santander. The company has 59 employees. Ample was last valued at $1 billion in December 2024. Its chief executive, as recorded, is Khaled Hassounah. Its website ample.com draws about 11 thousand monthly visits. Its focus areas include Energy Tech, Electric Vehicles, Charging Solutions and Automatic Battery Swapping System.

Company details

Ample was founded in 2014 in San Francisco, United States, focusing on the electric vehicle sector. Modular battery swapping platforms are provided, along with computer vision for battery identification and fast charging capabilities. Solutions are tailored for fleet operators and car manufacturers, enabling efficient battery management across operations.

  • Headquarters San Francisco, United States
  • Employees 59
  • Founders John De Souza, Khaled Hassounah
  • Stage Unicorn
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website ample.com
  • Social LinkedIn X
Key Metrics
  • Total Equity Funding
    $301M (USD)

    in 7 rounds

  • Latest Funding Round
    $25M (USD), Series D

    Nov 2024

  • Investors
    Shell

    & 22 more

  • Employee Count
    59

Funding Insights of Ample

Ample has successfully raised a total of $301M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $25 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $301M
  • Total Rounds 7
  • Last Round Series D β€” $25M
  • First Round $31M

    (Mar 2017)

  • Investors Count 23

All 7 funding rounds of Ample with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2024$25MSeries D–Mitsubishi Corporation
–
Oct 2021$50MSeries C$1BBlackstone, Santander
–
Jun 2021$160MSeries C$890MMoore Ventures
Feb 2020$24.5MSeries A––
–
Feb 2020$35MSeries B––
Aug 2018$31MSeries A––
–
Mar 2017$31MSeries A–Shell Ventures
Valuation history
DateValuationStage
Oct 2021$1Bβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2021$890Mβ€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Ample

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Last known valuation $1B (Dec 2024). 23 investors in total: 23 institutional.

Investors in Ample

Ample has secured backing from 23 investors, including institutional and venture fund investors. Prominent investors backing the company include Shell, Repsol and Santander.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Diversified investment management is provided across multiple asset classes.
1985blackstone.comNew York, United States
smrtventures.sg
Investments are focused on agtech, renewable energy, and transportation sectors.
moore-ventures.comLos Angeles, United States
Growth capital is provided to climate innovation companies.
mkbandco.comMontreal, Canada
Venture capital firm backed by Shell
shell.com/energy-and-innovation/innovating-together/shell-technology-ventures.htmlThe Hague, Netherlands
A venture capital firm focused on decarbonization investments globally.
trirec.coSingapore, Singapore
Early-stage startups in emerging technologies are funded by Hemi Ventures.
2019hemi.vcPalo Alto, United States
Venture capital fund and fund of funds focused on the United States-based startups and funds
worldquantventures.comGreenwich, United States
Private equity firm focused on space and digital assets sectors
tamarackglobal.comGreenwich, United States
Investments in early-stage companies are managed by XYZ Venture Capital.
xyz.vcSan Francisco, United States
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Investor details for Ample

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Verified entity values are shown only after access is granted.

People of Ample

2 people are tracked at Ample (2 in leadership); the tracked headcount is 59.

NameRoleGroup
John De Souza
Co-FounderLeadership
Khaled Hassounah
Founder & CEOLeadership
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Timeline of Ample

5 dated milestones of Ample across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ample is founded.
  2. Funding First funding round of $31.0M.
  3. Milestone Reaches Soonicorn status.
  4. Milestone Reaches Unicorn status.
  5. Funding Latest funding round, Series D, of $25.0M.

Web traffic of Ample

The website of Ample (ample.com) receives about 10.8K visits a month.

  • Monthly visits
    10.8K

    ▼ 7.9% vs previous month

Similar websites

Websites whose visitors overlap most with Ample. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ee-investment.jp
100%
#8,174,891View details
amplemeal.com
54%
5.2K#4,606,840View details

Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Ample (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765 MUSD 244.66 M953
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.4 B2,813
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
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Related news about Ample

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Frequently Asked Questions about Ample

Ample was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Ample is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Khaled Hassounah is the CEO of Ample, as recorded in our data. They have also founded this company.

Ample is a funded company, having raised a total of $301M across 7 funding rounds to date. The company's 1st funding round was a Series A of $31M, raised on Mar 2017.

Ample has 59 employees.

Ample was founded in 2014 in San Francisco, United States, focusing on the electric vehicle sector. Modular battery swapping platforms are provided, along with computer vision for battery identification and fast charging capabilities. Solutions are tailored for fleet operators and car manufacturers, enabling efficient battery management across operations.

Ample has 23 investors. Key investors include Shell, Repsol, Santander, PTT Public Company Limited, and Blackstone.

The valuation of Ample is $1B as of Dec 2024.

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