AmpUp
Series ARaised Since FeaturedThe EV charging operating system
Cloud-based EV charging management platform for workplaces, fleets, and multi-family properties.
About
AmpUp is a cloud-based electric vehicle charging management platform that provides end-to-end solutions for workplaces, multi-family residential properties, commercial fleets, and public sites. Their core product, AmpUp EV Cloud, is a hardware-agnostic software platform that allows businesses and property owners to manage, monitor, and optimize multiple EV charging stations from a single dashboard with real-time analytics, load management, and energy optimization. Founded in 2018 by Thomas Sun and Timotej Gavrilovic, the company graduated from Y Combinator (W19) and has since grown to serve over 2,000 clients and partners including JLL, CBRE, Domino's Pizza, Goodyear, Under Armour, and Hilton. AmpUp has powered over 103 million electric miles and saved 48 million pounds of CO2. The platform boasts a 98.5% charging success rate and 99.9% uptime. In September 2024, AmpUp closed a $15M Series A led by Touchdown Ventures, bringing total funding to approximately $20M. The company has achieved 700%+ subscription revenue growth over two years and holds 4% market share in US commercial Level 2 charging.
DailyDropout Take
AmpUp stood out as a YC-backed platform solving the fragmented EV charging management problem with a hardware-agnostic approach. Since our feature, they've closed a $15M Series A, grown to 2,000+ enterprise clients including Fortune 500 names, and achieved 700% subscription revenue growth โ validating the thesis that the EV charging software layer is where real value accrues.
Discovery signal: YC W19 graduate, hardware-agnostic EV charging platform, early mover in commercial charging management, strong enterprise traction
What Makes Them Unique
AmpUp is fully hardware-agnostic, working with chargers from any manufacturer through a single cloud platform. Unlike vertically integrated competitors like ChargePoint that lock customers into proprietary hardware, AmpUp gives operators freedom to choose the best hardware while providing unified management, billing, and energy optimization across all devices.
103M+
Electric Miles Powered
48M+ lbs
CO2 Saved
2,000+
Clients & Partners
98.5%
Charging Success Rate
99.9%
Uptime
700%+ (2yr)
Revenue Growth
Target Markets
Founders
Thomas Sun
Co-Founder & CEO
Serial entrepreneur and EV charging industry veteran. Led AmpUp from Y Combinator W19 to Series A, growing the platform to 2,000+ clients and 4% US commercial L2 market share.
Timotej Gavrilovic
Co-Founder
Technical co-founder who built AmpUp's hardware-agnostic cloud platform from the ground up, enabling seamless integration with chargers from multiple manufacturers.
Funding History
Lead: Various
Lead: Touchdown Ventures