When was Plug founded?

Plug was founded in 2023 and raised its 1st funding round 2 years after it was founded.

Where is Plug located?

Plug is headquartered in Culver City, United States. It is registered at 455 SUNRISE HWY,WEST ISLIP,NY,11795.

Who is the current CEO of Plug?

Jimmy Douglas of Plug. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Plug have?

As of Mar 31, 2026, the latest employee count at Plug is 41.

Is Plug a funded company?

Plug is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 08, 2025.

When was the latest funding round of Plug?

Plug's latest funding was a $***** Seed round on Apr 08, 2025, with participation from 10 investors. Its primary sector is Electric Vehicles. In United States, the Electric Vehicles sector has seen $2.55B in funding in 2026 to date.

Where does Plug rank among its competitors?

Plug ranks 3rd amongst 15 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Recharged, which secured $15M in Mar, 2026.

Who are the top competitors of Plug?

Plug's top competitors include Evercars, Recharged and TESLA MARKETPLACE. Among them, Recharged secured the most recent funding round in March, 2026.

Plug - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online marketplace for buying and selling used EVs. It provides a marketplace that facilitates wholesale buying and selling of used EVs among dealers and fleet operators.

Website: plug.vin
Social
Email ID: *****@plug.vin
Registered Address: 455 SUNRISE HWY,WEST ISLIP,NY,11795

Key Metrics

Founded Year

2023

Location

Culver City, United States

Stage

Seed

Total Funding

$6.7M in 1 round

Latest Funding Round

Seed, Apr 08, 2025, $*****

Investors

Floodgate & 11 more

Ranked

3^rd among 15 active competitors

Employee Count

41 as on Mar 31, 2026

Similar Companies

Evercars & 6 more

View Plug's full profile

Plug is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PLUGS TECHNOLOGY, INC. CIN: 3569769 , United States, Active	Sep 19, 2007	-	-	-

Plug has raised a total funding of $6.7M over 1 round. Its latest funding round was a Seed round on Apr 08, 2025 for $*****. 10 investors participated in its latest round. Plug has 9 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Plug:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 08, 2025	8019362	Seed	7881948	4085763	3363524	1140747

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View details of Plug's funding rounds and investors

The founders of Plug is Jimmy Douglas. Jimmy Douglas is the CEO of Plug.

Here are the details of Plug's key team members:

Jimmy Douglas: Founder & CEO of Plug. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of Plug's Founder profiles and Board Members

Plug's employee count trend

Plug has 41 employees as of Mar 26. Here is Plug's employee count trend over the years:

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Top competitors of Plug include Evercars, Recharged and TESLA MARKETPLACE. Here is the list of Top 10 competitors of Plug, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Evercars 2009, San Francisco (United States), Series A	Online platform for buying and selling electric vehicles	$100M	Eclipse, Ibex Investors & 5 others	45/100
2nd	Recharged 2023, Richmond (United States), Series A	Online marketplace for buying electric vehicles	$15M	Isogone	39/100
3rd	Plug 2023, Culver City (United States), Seed	Online marketplace for buying and selling used EVs	$6.7M	Toba Capital, Floodgate & 10 others	33/100
4th	TESLA MARKETPLACE 2009, San Jose (United States), Unfunded	Online listing platform for new/used electric cars	-	-	24/100
5th	BestEVDeals 2020, Costa Mesa (United States), Unfunded	Online listing platform offering electric-cars	-	-	24/100
6th	Sell My Used Tesla 2021, Petaluma (United States), Unfunded	Online listing platform for used electric vehicles	-	-	24/100
7th	MYEV.com 2017, Miami (United States), Unfunded	Online listing & research portal for electric vehicles	-	-	24/100
8th	Baker Motor Company 1988, Charleston (United States), Unfunded	Online dealer of used cars	-	-	20/100
9th	CarPortal 2018, Stockton (United States), Funding Raised	Online retailer of used electric vehicles providing home delivery service	-	-	18/100
10th	Green Light Auto Wholesale 2022, Daly City (United States), Unfunded	Dealer of pre-owned electric and hybrid vehicles	-	-	17/100