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Ample - About the company

Ample is a series D company based in San Francisco (United States), founded in 2014 by Khaled Hassounah. It operates as a Provider of modular battery swapping for electric vehicles. Ample has raised $301M in funding from investors like Blackstone, Santander and Mitsubishi Corporation, with a current valuation of $1B. The company has 87 active competitors, including 24 that are funded. Its top competitors include companies like Battery Smart, SUN Mobility and ARC Ride.

Company Details

Provider of modular battery swapping for electric vehicles. The company delivers fully charged batteries to electric vehicles using modular battery swapping technology. This technology allows for a quick exchange of depleted batteries with fully charged ones. The modular design adapts to various electric vehicle makes and models.
Website
ample.com
Social
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Email ID
*****@ample.com
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Series D
Total Funding
$301M in 5 rounds
Latest Funding Round
Post Money Valuation
$1B as on Dec 31, 2024
Investors
Ranked
Employee Count
61 as on Aug 31, 2026
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Ample's funding and investors

Ample has raised a total funding of $301M over 5 rounds. Its first funding round was on Mar 30, 2017. Its latest funding round was a Series D round on Nov 19, 2024 for $25M. 1 investor participated in its latest round. Ample has 22 institutional investors.

Here is the list of recent funding rounds of Ample:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 19, 2024
$25M
Series D
-
-
-
Oct 29, 2021
$50M
Series C
$1B
-
-
Jun 25, 2021
$160M
Series C
-
-
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Ample's founders and board of directors

Founder? Claim Profile
The founders of Ample is Khaled Hassounah. Khaled Hassounah is the CEO of Ample.
Here are the details of Ample's key team members:

Ample's employee count trend

Ample has 61 employees as of Aug 26. Here is Ample's employee count trend over the years:
Employee count trend for Ample
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Ample's Competitors and alternates

Top competitors of Ample include Battery Smart, SUN Mobility and ARC Ride. Here is the list of Top 10 competitors of Ample, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Battery Smart
Battery Smart
2019, Delhi (India), Series C
Chains providing battery-swapping services for electric vehicles
$176M
74/100
2nd
Logo for SUN Mobility
SUN Mobility
2017, Bengaluru (India), Series B
Network providing battery swapping infrastructure for electric vehicle fleet operators
$135M
70/100
3rd
Logo for Ample
Ample
2014, San Francisco (United States), Series D
Provider of modular battery swapping for electric vehicles
$301M
58/100
4th
Logo for ARC Ride
ARC Ride
2020, London (United Kingdom), Series A
-
$15.8M
57/100
5th
Logo for Aulton New Energy
Aulton New Energy
2000, Guangzhou (China), Series B
Provider of electric vehicle battery swapping solutions
$232M
54/100
6th
Logo for Mooving
Mooving
2020, Gurugram (India), Seed
Network providing battery swapping and leasing for electric vehicle fleets
$15M
-
53/100
7th
Logo for VoltUp
VoltUp
2019, Pune (India), Seed
Provider of battery swapping for electric two- and three-wheelers to support urban mobility
$18M
53/100
8th
Logo for RACE
RACE
2019, Hyderabad (India), Seed
Provider of battery swapping and electric vehicle infrastructure solutions
$5.26M
52/100
9th
Logo for Swobbee
Swobbee
2016, Berlin (Germany), Series A
Provider of commercializing battery swapping for micromobility vehicles
$8.71M
51/100
10th
Logo for Mobile Power
Mobile Power
2013, Sheffield (United Kingdom), Series A
Blockchain-based lithium-ion battery storage system
$7.15M
48/100
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Ample's Investments and acquisitions

Ample has made no investments or acquisitions yet.

Reports related to Ample

Here is the latest report on Ample's sector:

News related to Ample

lockFilter this list
Media has covered Ample for a total of 3 events in the last 1 year, 2 of them have been about company updates.
•
Ample Electric Expands with New Sacramento HeadquartersThe Business Journals•Apr 07, 2025•Ample
•
Ample to Deploy EV Battery Swapping Stations in TokyoElectric Cars Report•Mar 25, 2025•Ample
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