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§ Private Profile · Mountain View, CA, USA
Provides EV charging and energy management services for commercial electric vehicle fleets, optimizing costs and uptime.
Based in Mountain View, California, Amply Power provides end-to-end charging-as-a-service and energy management software for commercial electric vehicle fleets. The company manages hardware procurement, infrastructure installation, and daily charging operations through long-term service contracts that charge fleet customers a fixed flat fee per kilowatt hour or mile driven. Its proprietary software optimizes energy consumption to minimize utility costs and maximize vehicle uptime without overloading the local electrical grid. The platform supports municipal transit agencies, school buses, and logistics trucks, integrating with major industry manufacturers and charging networks such as BYD and ChargePoint. Prior to its December 2021 acquisition by global energy corporation bp, the enterprise secured $13.2 million in Series A funding led by Soros Fund Management and Siemens. Amply Power was founded in 2018 by Vic Shao, Rob Kelly, Simon Lonsdale, and Thomas Kiessling.
Amply Power has raised $14.0M across 2 funding rounds.
Amply Power has raised $14.0M in total across 2 funding rounds.
Amply Power is a technology company specializing in EV fleet charging infrastructure and energy management, primarily serving mission-critical fleets like public transit, delivery, trucks, buses, vans, and light-duty vehicles.[1][2][3][4] It offers turnkey solutions including the OMEGA intelligent charge management software platform, which optimizes charging for cost, carbon impact, vehicle schedules, battery health, and reliability (targeting 99.9%), alongside optional Charging-as-a-Service models that handle hardware, utility management, demand charges, and operations to reduce upfront CAPEX and fuel costs by up to 85%.[1][2][3] The company solves key barriers to fleet electrification—such as infrastructure procurement, electricity expenses, charging downtime, and emissions—making EV adoption seamless for operators.[2][3] Acquired by BP in December 2021 and rebranded as bp pulse, Amply has scaled globally, integrating tools like WattTime API for emissions minimization and managing major deployments like the largest zero-emission battery-electric truck fleet at Port Newark.[1][2][3]
Founded in 2018 in California, Amply Power emerged to tackle the complexities hindering EV fleet adoption, including charging infrastructure, energy costs, and operational integration.[2][4] Key figures include Vic Shao, associated with early team efforts, though specific founder backgrounds are not detailed in available sources.[1] Early traction built through its vehicle- and charger-agnostic approach, securing deployments like Volvo VNR electric trucks for Manhattan Beer Distributors and a transition to 100% renewable energy charging for California customers.[3] The pivotal moment came with BP's acquisition at the end of 2021, BP's first U.S. electrification move, which accelerated innovations, global reach, and customer success across the U.S.[1][2][3][4]
Amply Power stands out in EV fleet management through these key strengths:
Amply Power rides the EV fleet electrification megatrend, fueled by urbanization, mobility shifts, and zero-emission mandates for public transit, delivery, and autonomous vehicles.[1][3] Timing aligns with accelerating fleet transitions—e.g., battery-electric trucks and buses—amid rising fuel costs, sustainability regulations, and infrastructure investments, where Amply's managed services address grid strain and high upfront costs.[2][3] Market forces like falling battery prices, renewable energy growth, and corporate net-zero goals favor its model, positioning it to influence ecosystem-wide adoption by proving scalable, low-carbon charging (e.g., via renewable integrations).[3] As part of BP, it amplifies oil majors' pivot to energy transition, bridging legacy fleets to EVs and enabling broader supply chain electrification.[1][4]
With BP's backing, Amply (now bp pulse) is primed for global expansion, targeting more turnkey depots, API-driven green optimizations, and partnerships like Hertz to build national/international networks.[1][2] Trends like AI-enhanced grid management, autonomous fleets, and stricter emissions reporting will shape its path, potentially evolving it into a dominant platform for mission-critical EV ops worldwide. Its influence may grow by standardizing fleet charging economics, accelerating the shift from diesel to electric at scale—echoing its founding mission to simplify electrification from the ground up.[2][3]
Amply Power has raised $14.0M across 2 funding rounds. Most recently, it raised $13.0M Series A in April 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2020 | $13M Series A | — | Congruent Ventures, Qualcomm Ventures, Sutter Hill Ventures, Obvious Ventures, PeopleFund, ITI Jain, George Soros | Announced |
| Sep 1, 2019 | $1M Seed | — | Congruent Ventures, Qualcomm Ventures, Sutter Hill Ventures | Announced |
Amply Power has raised $14.0M in total across 2 funding rounds.
Amply Power's investors include Congruent Ventures, Qualcomm Ventures, Sutter Hill Ventures, Obvious Ventures, PeopleFund, Iti Jain, George Soros.