About AMPLY
AMPLY is a Transportation, Automotive & Logistics company based in Mountain View (United States) founded in 2018 by Vic Shao, and was acquired by BP Ventures in December 2021. Fully-automated charging solution for EV fleets. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. AMPLY has raised $16.08 million across 4 funding rounds from investors including bp, Siemens and Congruent Ventures. The company has 66 employees. Its chief executive, as recorded, is Vic Shao. AMPLY offers products and services including bp pulse App, Public Charging Stations, Fleet Solutions, and Host a Charger. Its focus areas include Energy Tech, Energy Storage Tech, Charging and Fleet Charging. Its legal entity is AMPLY POWER, INC. Its competitors include Presto, Treehouse and OpConnect; 3 of its 3 listed competitors have raised funding.
Company details
AMPLY provides usage-based charging services for electric vehicle fleets. Provides overall charging equipment, operations maintenance services delivering a per-electric-mile-driven charging service to the fleet customers. It has developed a modular and fully automated charging solution that can sell with the organizations needs. The company aims to mitigate the complexity risk associated with charging such as scheduling, coordination, demand charges, time-of-use, utility interconnection, DR programs, and upfront CAPEX (Capital Expenditure).
- Headquarters Mountain View, United States
- Employees 66
- Founders Vic Shao
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Website amplypower.com
- Social LinkedIn X Facebook
- Acquired by BP Ventures (Dec 2021)
- Legal Name Amply Power, Inc.
- Total Equity Funding$16.08M (USD)
in 4 rounds
- Latest Funding Round$13.16M (USD), Series A
Apr 2020
- Investorsbp
& 5 more
- Employee Count66
- Acquired byBP Ventures
(Dec 2021)
Products & Services of AMPLY
AMPLY offers a comprehensive portfolio of products and services, including bp pulse App, Public Charging Stations, Fleet Solutions, and Host a Charger.
App for locating and accessing ultrafast EV charging stations.
Network of fast EV chargers for individual and public use.
Tools to manage and optimize EV fleet charging operations.
Service for businesses to host EV charging stations.
Funding Insights of AMPLY
AMPLY has successfully raised a total of $16.08M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $13.16 million completed in April 2020. 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 $16.08M
- Total Rounds 4
- Last Round Series A — $13.16M
- First Round $1M
(Aug 2018)
- Investors Count 5
All 4 funding rounds of AMPLY with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $13.16M | Series A | – | Siemens | |
| Sep 2019 | $1.67M | Seed | – | – | – |
| Aug 2019 | $250,000 | Seed | – | – | – |
| Aug 2018 | $1M | Seed | – | – | – |
6 investors in total: 6 institutional.
Investors in AMPLY
AMPLY has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include bp, Siemens and Congruent Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Climate tech investing and support for early-stage entrepreneurs in North America. | congruentvc.com | |||
Seed to growth stage tech-focused VC and PE firm investing in geographies such as the US | peoplefund.com | Miami, United States | ||
Provider of venture capital investments across planetary, human, and economic health | obvious.com | San Francisco, United States | ||
| kittyhawk.vc | ||||
Industrial software is developed for automation, electrification, and digitalization solutions. | 1847 | siemens.com | United States | |
bp is recognized as a global energy company. | 1909 | bp.com | United States |
Investor details for AMPLY
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People of AMPLY
1 people are tracked at AMPLY (1 in leadership); the tracked headcount is 66.
| Name | Role | Group |
|---|---|---|
Vic Shao | Founder & CEO | Leadership |
Complete people profiles for AMPLY
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Timeline of AMPLY
4 dated milestones of AMPLY across 3 years, from founding to its latest funding, stage changes and deals.
- Founded AMPLY is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series A, of $13.2M.
- Exit Acquired by BP Ventures.
Competitors of AMPLY
AMPLY has 3 listed competitors in our database, 3 of them funded. They include Presto, Treehouse and OpConnect.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| prestocharging.com | 2023 | Oakland, United States | $15M | Presto is focused on providing EV charging solutions for fleets. | ||
| treehouse.pro | 2021 | Menlo Park, United States | $26.6M | 23 | Home electrification is enabled via software for charging installations. | |
| opconnect-ev.com | 2012 | Portland, United States | $16.23M | EV charging solutions are delivered via cloud-based software platforms. |
Detailed competitors of AMPLY
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Web traffic of AMPLY
The website of AMPLY (amplypower.com) receives about 2.3K visits a month.
- Monthly visits2.3K
Websites whose visitors overlap most with AMPLY. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bppulsefleet.com | bppulsefleet.com | 100% | #9,421,647 | – | |
amply.energy | amply.energy | 44% | #4,003,005 | – |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as AMPLY (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Amply
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Frequently Asked Questions about AMPLY
AMPLY was founded in 2018.
AMPLY is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Vic Shao is the CEO of AMPLY, as recorded in our data. They have also founded this company.
AMPLY is a funded company, having raised a total of $16.08M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Aug 2018.
AMPLY has 66 employees.
AMPLY provides usage-based charging services for electric vehicle fleets. Provides overall charging equipment, operations maintenance services delivering a per-electric-mile-driven charging service to the fleet customers. It has developed a modular and fully automated charging solution that can sell with the organizations needs. The company aims to mitigate the complexity risk associated with charging such as scheduling, coordination, demand charges, time-of-use, utility interconnection, DR programs, and upfront CAPEX (Capital Expenditure).
AMPLY offers bp pulse App, Public Charging Stations, Fleet Solutions, and Host a Charger.
AMPLY has 6 investors. Key investors include bp, Siemens, Congruent Ventures, PeopleFund, and Obvious Ventures.
AMPLY operates through Amply Power, Inc..
Yes. AMPLY was acquired by BP Ventures in December 2021.