Overview

Ampcontrol offers an AI-driven platform for fleet owners to optimize and monitor electric vehicle (EV) charging points. Their services include smart charging systems and software solutions that help manage EV charging infrastructure efficiently. Unlike competitors, Ampcontrol provides a subscription model with 24/7 support and a focus on high hardware uptime, ensuring reliability for fleet operations. The company's goal is to enhance the charging experience for fleet owners while supporting their broader business objectives.

Simplify's Take

What believers are saying

• Recent $10M Series A funding boosts market reach and product development.
• Partnership with First Bus enhances energy optimization for electric buses in the UK.
• Integration with Geotab enhances data analytics for comprehensive fleet management insights.

What critics are saying

• Increased competition from established players like ChargePoint and EVBox.
• Potential technological obsolescence due to rapid AI advancements.
• Dependence on partnerships like Geotab poses risks if dynamics change.

What makes Ampcontrol unique

• Ampcontrol offers AI-driven solutions for optimizing electric vehicle fleet charging.
• The company provides 24/7 support ensuring 98% hardware uptime for fleet operators.
• Ampcontrol's platform integrates with APIs for seamless system communication and custom dashboards.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$17.7M

Meets

Industry Average

Funded Over

3 Rounds

$10,000,000

Series A

Jul 2023

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Below Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$10M

$15M

$100M

View all funding stages