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.
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 Dec 31, 2024
Investors
Ranked
3rd among 87 active competitors
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:
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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 | - | - |
View details of Ample's funding rounds and investors
Ample's founders and board of directors
Founder? Claim ProfileThe founders of Ample is Khaled Hassounah. Khaled Hassounah is the CEO of Ample.
Here are the details of Ample's key team members:
- Khaled Hassounah: Founder & CEO of Ample. Contact Info: 1 email address
View details of Ample's Founder profiles and Board Members
Ample's employee count trend
Ample has 61 employees as of Aug 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 Battery Smart, SUN Mobility and ARC Ride. 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 | Battery Smart 2019, Delhi (India), Series C | Chains providing battery-swapping services for electric vehicles | $176M | 74/100 | |
2nd | SUN Mobility 2017, Bengaluru (India), Series B | Network providing battery swapping infrastructure for electric vehicle fleet operators | $135M | 70/100 | |
3rd | Ample 2014, San Francisco (United States), Series D | Provider of modular battery swapping for electric vehicles | $301M | 58/100 | |
4th | ARC Ride 2020, London (United Kingdom), Series A | - | $15.8M | 57/100 | |
5th | Aulton New Energy 2000, Guangzhou (China), Series B | Provider of electric vehicle battery swapping solutions | $232M | 54/100 | |
6th | Network providing battery swapping and leasing for electric vehicle fleets | $15M | - | 53/100 | |
7th | Provider of battery swapping for electric two- and three-wheelers to support urban mobility | $18M | 53/100 | ||
8th | Provider of battery swapping and electric vehicle infrastructure solutions | $5.26M | 52/100 | ||
9th | Provider of commercializing battery swapping for micromobility vehicles | $8.71M | 51/100 | ||
10th | 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
Media has covered Ample for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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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 launches five-minute EV recharge via battery swapping with Ample and Free2moveFleet•Jun 16, 2025•Fiat, Ample, Free2Move
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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 TokyoBusinessnewsthisweek•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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