Ampcontrol
Ampcontrol is a technology company.
Financial History
Ampcontrol has raised $11.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Ampcontrol raised?
Ampcontrol has raised $11.0M in total across 2 funding rounds.
Ampcontrol is a technology company.
Ampcontrol has raised $11.0M across 2 funding rounds.
Ampcontrol has raised $11.0M in total across 2 funding rounds.
Ampcontrol has raised $11.0M in total across 2 funding rounds.
Ampcontrol's investors include AngelPad, The Westly Group, Chris Schagen.
Ampcontrol is a New York-based technology company founded in 2019 that develops AI-powered, cloud-based software for EV fleet charging management. Its platform connects to any EV charger via OCPP, integrates vehicle telematics, fleet systems, and energy data, and uses multi-objective optimization algorithms to ensure on-time vehicle departures, reduce peak power usage, lower energy costs (up to 45% savings for customers like Revel), and enable grid services like V2G or demand response.[1][2][3][5] Ampcontrol serves fleet operators in sectors including trucking, transit buses, rideshare, school buses, logistics, and food & beverages, with major clients such as WattEV, First Bus, Revel, and global truck manufacturers; it focuses on depot charging, hardware-agnostic solutions, and overcoming grid constraints without upgrades.[2][3][5] The company demonstrates strong growth momentum, including a $10M Series A funding round, deployment at North America's largest EV truck charging depot, 99.995% software uptime, and innovations like the AmpEdge local controller for offline operation and load management.[2][3]
Ampcontrol was founded in 2019 by CEO Joachim Lohse, who drew from years of consulting with energy companies on grid and EV fleet challenges to create scalable software for high charger uptime, route planning, tariff coordination, and real-time monitoring.[2][3] Lohse established the company with a mission to revolutionize energy management for electric fleets and renewable integration, starting with the first fully API-based EV energy management software.[2] Early traction came from partnerships with leading U.S. and European charging operators, followed by a pivotal deployment at North America's largest EV truck charging depot, where it managed megawatts of power and enabled simultaneous multi-brand charging— a U.S. first.[2] Key milestones include securing UL 60730-1 certification as the first EV company for safe dynamic load management and launching AmpEdge for enhanced reliability.[2]
Ampcontrol stands out in EV charging software through these key strengths:
Ampcontrol rides the explosive growth of electric fleets amid global electrification mandates, rising fuel costs, and net-zero goals, optimizing depot charging for trucks, buses, and rideshare vehicles where high-power demands strain grids.[1][2][3] Timing is ideal as EV adoption surges—fleet operators face interoperability gaps, downtime, and costs that Ampcontrol solves via AI, delaying multimillion-dollar grid upgrades and unlocking V2G for utilities.[1][5] Market forces like cheaper batteries, federal incentives (e.g., IRA), and utility demand response programs favor its model, while partnerships with OEMs and operators amplify scale.[2][3] It influences the ecosystem by standardizing multi-vendor charging, boosting fleet economics, and enabling sustainable logistics, positioning it as a backbone for commercial EV infrastructure.[3][5]
Ampcontrol is poised for rapid expansion as EV fleets scale globally, with its $10M Series A fueling deeper AI enhancements, international growth, and V2G commercialization to capture more of the $100B+ smart charging market.[3] Trends like autonomous trucking, denser urban depots, and utility-scale grid integration will drive demand for its optimization edge, potentially evolving it into a full energy orchestration platform blending fleets, renewables, and storage.[2][5] As electrification accelerates, Ampcontrol's reliability and cost savings will solidify its role in powering efficient, grid-friendly EV operations—turning today's depot challenges into tomorrow's seamless mobility networks.[1][3]
Ampcontrol has raised $11.0M across 2 funding rounds. Most recently, it raised $10.0M Series A in July 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2023 | $10.0M Series A | AngelPad, The Westly Group, Chris Schagen | |
| Oct 1, 2020 | $1.0M Seed |