Ample - About the company
Ample is a series D company based in San Francisco (United States), founded in 2014 by John De Souza and 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 11 active competitors, including 4 that are funded. Its top competitors include companies like Zyp Technologies, Moon Five Technologies and POWER.GLOBAL.
Sectors and market segments that Ample operate in
Ample serves in the Energy Tech, Auto Tech market segments.The primary business model of Ample are: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
- 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 Nov 11, 2021
Investors
Ranked
1st among 11 active competitors
Employee Count
75 as on Mar 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:
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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 | $890M | - |
View details of Ample's funding rounds and investors
Ample's founders and board of directors
Founder? Claim ProfileHere are the details of Ample's key team members:
- John De Souza: Co-founder & President of Ample.
- Khaled Hassounah: Founder & CEO of Ample.
View details of Ample's Founder profiles and Board Members
Ample's employee count trend
Ample has 75 employees as of Mar 26. Here is Ample's employee count trend over the years:
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Ample's Competitors and alternates
Top competitors of Ample include Zyp Technologies, Moon Five Technologies and POWER.GLOBAL. Here is the list of Top 10 competitors of Ample, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ample 2014, San Francisco (United States), Series D | Provider of modular battery swapping for electric vehicles | $301M | 64/100 | |
2nd | Zyp Technologies 2020, San Francisco (United States), Seed | Operator of battery swapping network for electric motorcycles and scooters | $2.7M | 38/100 | |
3rd | Moon Five Technologies 2022, Berkeley (United States), Unfunded | Developer electric vehicle charging solutions for multifamily residences | - | - | 30/100 |
4th | POWER.GLOBAL 2019, Pasadena (United States), Deadpooled | Provides a battery swapping network for three wheelers | $3.82M | - | 27/100 |
5th | Samsar Resources 2020, New York City (United States), Funding Raised | Provider of lithium-ion battery swapping technology | - | 26/100 | |
6th | Thundertruck 2002, Beverly Hills (United States), Unfunded | Developer of charging stations for electric vehicles | - | - | 24/100 |
7th | Leo Motors 2007, Seoul (South Korea), Deadpooled | Cartridge batteries for electric vehicles | - | - | 24/100 |
8th | Getaway Space 2024, Los Angeles (United States), Seed | Provider of fast EV charging solutions | $14.6K | - | 18/100 |
9th | Wise EV 2022, United States, Unfunded | Provider of fast charging solutions | - | - | 18/100 |
10th | BattSwap 2015, Menlo Park (United States), Unfunded | Battery swapping for electric fleets, enabling fast, zero-emission last-mile delivery | - | - | 17/100 |
Looking for more details on Ample's competitors? Click here to see the top ones
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
Media has covered Ample for a total of 10 events in the last 1 year, 8 of them have been about company updates and 1 about partnerships.
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Business Ample Group takes sustainability from intent to action with beach clean-up driveOnline Media Cafe•Jan 12, 2026•Ample
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Tokyo gets first battery swapping station for taxis and trucksTrending Topics•Jun 16, 2025•Mitsubishi Fuso Truck and Bus, Mitsubishi Motors, Ample, Yamato Transport
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Fiat Trials Battery Swapping to Cut EV Recharge Times to Five Minutes with Ample and Free2moveFleetworld•Jun 13, 2025•Fiat, Free2Move, Ample
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Ample to Partner with Japanese OEMs Deploying Swapping Stations in TokyoBusiness News This Week•Mar 20, 2025•Ample
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Itc To Expand Footprint In Frozen & Ready-to-cook Foods With Prasuma AcquisitionMarketing Mind•Feb 07, 2025•ITC Hotels, Prasuma, ITC, Ample and 5 others
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