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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.

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
X
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
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: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
$890M
-
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Ample's founders and board of directors

Founder? Claim Profile
The founders of Ample are John De Souza and 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 75 employees as of Mar 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 Zyp Technologies, Moon Five Technologies and POWER.GLOBAL. 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 Ample
Ample
2014, San Francisco (United States), Series D
Provider of modular battery swapping for electric vehicles
$301M
64/100
2nd
Logo for Zyp Technologies
Zyp Technologies
2020, San Francisco (United States), Seed
Operator of battery swapping network for electric motorcycles and scooters
$2.7M
38/100
3rd
Logo for Moon Five Technologies
Moon Five Technologies
2022, Berkeley (United States), Unfunded
Developer electric vehicle charging solutions for multifamily residences
-
-
30/100
4th
Logo for POWER.GLOBAL
POWER.GLOBAL
2019, Pasadena (United States), Deadpooled
Provides a battery swapping network for three wheelers
$3.82M
-
27/100
5th
Logo for Samsar Resources
Samsar Resources
2020, New York City (United States), Funding Raised
Provider of lithium-ion battery swapping technology
-
26/100
6th
Logo for Thundertruck
Thundertruck
2002, Beverly Hills (United States), Unfunded
Developer of charging stations for electric vehicles
-
-
24/100
7th
Logo for Leo Motors
Leo Motors
2007, Seoul (South Korea), Deadpooled
Cartridge batteries for electric vehicles
-
-
24/100
8th
Logo for Getaway Space
Getaway Space
2024, Los Angeles (United States), Seed
Provider of fast EV charging solutions
$14.6K
-
18/100
9th
Logo for Wise EV
Wise EV
2022, United States, Unfunded
Provider of fast charging solutions
-
-
18/100
10th
Logo for BattSwap
BattSwap
2015, Menlo Park (United States), Unfunded
Battery swapping for electric fleets, enabling fast, zero-emission last-mile delivery
-
-
17/100
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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

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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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