SparkCharge is a technology company.
SparkCharge has raised $23.0M across 1 funding round.
SparkCharge has raised $23.0M in total across 1 funding round.
SparkCharge is a cleantech company that builds modular, portable, off-grid EV charging solutions, primarily through its Charging-as-a-Service (CaaS) model.[1][2][3][6][7] It serves EV fleet operators across industries like delivery services, rideshare, ports, transportation, autonomous vehicles, events, and auto OEMs, solving range anxiety, infrastructure delays, and high upfront costs by delivering ultra-fast DC fast charging (DCFC) anywhere without grid dependency—deploying in days rather than months or years.[3][5][6][7] The company has raised $30.5 million to expand, delivered over 4 million kWh of energy (displacing 500,000+ gallons of gasoline), covers all 50 U.S. states, and powers high-profile events like the 2025 Masters Tournament, showing strong growth momentum.[3]
Founded in November 2017 in Buffalo, NY, as a C-corp, SparkCharge emerged to address EV charging gaps with portable technology, starting at the prototype stage in clean technology.[2] The idea stemmed from creating on-demand, mobile chargers deliverable via services like Uber or AAA, avoiding fixed infrastructure costs and enabling ultra-fast charging (one mile every 60 seconds).[1][2][4] Early traction included over 2,000 charging deliveries and nearly 1 million miles of range in initial markets like Dallas, Los Angeles, and San Francisco, with subscriptions outpacing capacity and prompting scaling efforts.[4] Pivotal moments include launching CaaS for fleets, securing partnerships like Pioneer Power, and nationwide expansion by 2025.[3]
SparkCharge rides the explosive growth of EV adoption, particularly in fleets where grid infrastructure lags—projected to dominate electrification amid rising delivery, rideshare, and autonomous vehicle demand.[3][5][7] Timing is ideal as EV sales surge but charging deserts persist, with market forces like regulatory pushes for net-zero emissions, supply chain bottlenecks for fixed stations, and cost pressures favoring off-grid solutions that cut deployment time from years to days.[1][3][5] It influences the ecosystem by pioneering CaaS, enabling rapid fleet transitions (e.g., for ports and events), reducing emissions, and partnering with OEMs—accelerating broader EV infrastructure without massive capex, while creating new service models like roadside charging over towing.[1][3][6]
SparkCharge is poised to dominate mobile and off-grid EV charging as fleets electrify en masse, leveraging its $30.5M raise for national and international expansion, deeper solar integrations, and hybrid permanent setups.[3][5] Trends like microgrids, AI-optimized energy management, and autonomous vehicle scaling will amplify its edge, potentially evolving it into a full-spectrum electrification platform. With first-mover status and proven traction, expect partnerships with more OEMs and events, further eroding range anxiety and cementing its role in sustainable mobility—transforming "charging anywhere" from innovation to infrastructure standard.[3][6]
SparkCharge has raised $23.0M in total across 1 funding round.
SparkCharge's investors include Navigate Ventures, Stadia Ventures, Brendan Iribe, Mark Cuban.
SparkCharge has raised $23.0M across 1 funding round. Most recently, it raised $23.0M Series A in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $23.0M Series A | Navigate Ventures, Stadia Ventures, Brendan Iribe, Mark Cuban |