ChargePoint

ChargePoint

Operates extensive electric vehicle charging network

About ChargePoint

Simplify's Rating
Why ChargePoint is rated
A-
Rated A on Competitive Edge
Rated A+ on Growth Potential
Rated C on Rating Differentiation

Industries

Automotive & Transportation

Energy

Consumer Software

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Campbell, California

Founded

2007

Overview

ChargePoint runs one of the largest electric vehicle (EV) charging networks globally, with over 118,000 locations primarily in North America and Europe. The company serves a wide range of clients, including commercial businesses and fleet operators, and generates revenue through hardware sales, subscription services, and maintenance. ChargePoint's capital-light model allows for growth without heavy investments in physical assets, and it holds more than 70% of the networked level 2 charging market in North America. The goal is to provide essential infrastructure to meet the rising demand for EV charging as more people adopt electric vehicles.

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Simplify's Take

What believers are saying

  • Partnerships with Lexus and Ford expand ChargePoint's at-home charging market reach.
  • The Megawatt Charging System positions ChargePoint to capture the DC fast charging market.
  • Dynamic Magnitude Charging technology enhances energy efficiency and reduces operational costs.

What critics are saying

  • Increased competition from Electrify America could challenge ChargePoint's market share.
  • Megawatt Charging System may face technical and regulatory deployment challenges.
  • Dynamic Magnitude Charging technology requires significant R&D investment, straining financial resources.

What makes ChargePoint unique

  • ChargePoint boasts a 13-year history in the EV charging industry.
  • The company operates one of the largest EV charging networks globally.
  • ChargePoint's capital-light model focuses on expanding its charging station network.

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Funding

Total Funding

$1933.8M

Above

Industry Average

Funded Over

15 Rounds

Notable Investors:
Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Outdoor Activities - The Los Gatos Creek Trail is just steps from our campus. Bring your bike or your running shoes. Plus you can shower up after your workout.

Office Parties - Celebration is a part of our culture.

Pets - Every day is bring-your-dog-to-work day.

Health Benefits - We offer full medical, dental, and vision coverage.

EV charging at work - Drive an EV? Our parking lots are fully outfitted with charging stations, so you can plug in and charge up while you work.

Snacks and Beverages - Our fully stocked kitchens come with a wide variety of healthy (and not-so-healthy) snacks and beverages, plus we have an espresso machine.

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

1%
Lexusoft Towson
Mar 29th, 2025
At-Home Charging Options for Lexus Models in Towson, MD

Lexus has also partnered with ChargePoint(R) to supply drivers with the option to purchase an at-home charger when they take home a new Lexus vehicle.

Weston Ford
Mar 17th, 2025
How To Charge Your 2025 Ford Mustang Mach-E Electric Battery

Ford has partnered with various charging networks, including Electrify America and ChargePoint, to offer an extensive network of fast-charging options.

Whatech
Mar 15th, 2025
Energy & Green Renewable Technology Market News

For example, in May 2024, ChargePoint Inc., a US-based firm specializing in electric vehicle infrastructure, unveiled their Megawatt Charging System (MCS) architecture, a new addition to their DC fast charging offerings.

Motopaddock
Feb 23rd, 2025
Revolutionizing Electric Charging! Meet the ChargePoint of the Future

ChargePoint is rolling out its next-generation smart charging stations, designed to optimize energy consumption and reduce grid stress.

Motopaddock
Feb 14th, 2025
Power Up the Future! ChargePoint Unveils the Next Big Thing.

ChargePoint, a leader in the electric vehicle (EV) charging space, has introduced a groundbreaking technology called Dynamic Magnitude Charging (DMC) that is set to alter the landscape of vehicle charging systems.

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ChargePoint is Hiring for 70 Jobs on Simplify!

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ChargePoint is Hiring for 70 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update ChargePoint's jobs every few hours, so check again soon! Browse all jobs →

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