EnCharge

Santa Clara, United States Founded: 2022 • Age: 4 yrs
Provider of AI computation stack solution
Annual revenue - Latest available
Total funding $144.3M 3 rounds
Employees - Tracked headcount
Investors 20 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About EnCharge

EnCharge is a company based in Santa Clara (United States) founded in 2022 by Naveen Verma, Kailash Gopalakrishnan, and Echere Iroaga. EnCharge has raised $144.3 million across 3 funding rounds from investors including RTX, Vanderbilt University and Morgan Creek. EnCharge offers products and services including AI Hardware, AI Software, and Chiplets and ASICs. EnCharge operates in a competitive market with competitors including Blaize, Armada Logistics, Veea, Eurotech and Acumera, among others.

  • Headquarter Santa Clara, United States
  • Founders Naveen Verma, Kailash Gopalakrishnan, Echere Iroaga
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $144.3 M (USD)

    in 3 rounds

  • Latest Funding Round
    $100 M (USD), Series B

    Feb 13, 2025

  • Investors
    RTX

    & 19 more

  • Employee Count
    Not available
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Products & Services of EnCharge

EnCharge offers a comprehensive portfolio of products and services, including AI Hardware, AI Software, and Chiplets and ASICs.

Product name locked
Category locked
Primary

Delivers efficient computing chips for AI performance enhancement

Product name locked
Category locked
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Manages seamless AI deployments across devices and clouds

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Provides scalable components for optimized AI processing

People of EnCharge

Headcount 1-10
Employee Profiles 9
Board Members and Advisors 2
Employee Profiles
People
Mayank Daga
VP, Software Engineering
People
Echere Iroaga
COO
People
Naveen Verma
CEO
People
Kailash Gopalakrishnan
CPO

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Board Members and Advisors
people
Sam Heidari
Advisor
people
Jim Plummer
Advisor

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Funding Insights of EnCharge

EnCharge has successfully raised a total of $144.3M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in February 2025. 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.

Investors in EnCharge

EnCharge has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include RTX, Vanderbilt University and Morgan Creek.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
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Early-stage technology startups are supported by SIP Global Partners.
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Investments are focused on infrastructure and technology innovation.
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Investor details for EnCharge

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by EnCharge

Investments
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Investment portfolio details for EnCharge

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  • Portfolio identities
  • Transaction dates
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Financial Statements - EnCharge

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Detailed financials for EnCharge

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Encharge Comparisons

EnCharge Primary company
Description
Provider of AI computation stack solution
Location
Santa Clara, United States
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for EnCharge

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of EnCharge

EnCharge operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blaize, Armada Logistics, Veea, Eurotech and Acumera, among others.

Company Name Domain Founded year HQ Location Description
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Edge AI infrastructure solutions are provided for diverse applications.
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Connected solution to monitor shipments in transit
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Edge computing platforms and multi-access communications solutions are provided.
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IoT infrastructure and device management platforms are offered.
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SaaS based platform offering network management, edge computing, and managed security services
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Detailed competitors of EnCharge

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Latest news on Encharge

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Complete news archive for EnCharge

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about EnCharge

EnCharge was founded in 2022.

EnCharge is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Naveen Verma is the current CEO of EnCharge. They have also founded this company.

EnCharge is a funded company, having raised a total of $144.3M across 3 funding rounds to date.

Provider of AI computation stack solutions. Its system comprises a common hardware form factor and a seamless software stack. It is also customizable according to application needs.

EnCharge's top competitors include Blaize, Veea and Armada Logistics.

EnCharge offers AI Hardware, AI Software, and Chiplets and ASICs.

EnCharge has 20 investors. Key investors include RTX, Vanderbilt University, Morgan Creek, Tiger Global, and SIP Global Partners.

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