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About ChargePoint
Industries
Automotive & Transportation
Energy
Consumer Software
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Campbell, California
Founded
2007
Overview
ChargePoint operates one of the largest electric vehicle (EV) charging networks in the world, with a strong presence in North America and a growing footprint in Europe. The company provides charging solutions for a variety of clients, including commercial businesses, fleet operators, and individual EV owners. ChargePoint's network includes 118,000 charging locations and generates revenue through selling charging hardware, offering subscription-based software services, and providing maintenance and support. This capital-light business model allows ChargePoint to expand its network without heavy investment in physical assets. With over 70% of the networked level 2 charging market in North America, ChargePoint stands out from competitors by leveraging its early market entry and continuous innovation. The company's goal is to support the increasing demand for reliable EV charging infrastructure as more people and businesses transition to electric vehicles.
Simplify's Take
What believers are saying
- ChargePoint's new V2X charger tech doubles Level 2 charging speeds.
- Partnerships with automakers like Lexus and Ford enhance brand visibility.
- Growing demand for fleet-specific solutions boosts ChargePoint's market potential.
What critics are saying
- Tesla's Supercharger expansion threatens ChargePoint's market share.
- Solid-state battery advancements may reduce the need for frequent charging.
- Government-backed initiatives could increase competition and pricing pressure.
What makes ChargePoint unique
- ChargePoint leads with over 70% of the networked level 2 charging market.
- ChargePoint's capital-light model allows rapid expansion without heavy asset investment.
- ChargePoint's diverse revenue streams ensure steady income and customer loyalty.
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Funding
Total Funding
$1933.8M
Above
Industry Average
Funded Over
15 Rounds
Kleiner PerkinsBenefits
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
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↑ 1%ChargePoint develops high-speed AC Level 2 electric vehicle charging capabilities.
ChargePoint, a leader in electric vehicle (EV) charging infrastructure, has unveiled an innovative new charger architecture touted as a "generational leap in AC Level 2 charging".
ChargePoint launches maximum-speed bidirectional AC charging architecture.
ChargePoint introduces new AC architecture.
ChargePoint, a leading provider of networked charging solutions for electric vehicles (EVs), today announced a generational leap in AC Level 2 charging technology.
ChargePoint is Hiring for 78 Jobs on Simplify!
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About ChargePoint
Industries
Automotive & Transportation
Energy
Consumer Software
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Campbell, California
Founded
2007
ChargePoint is Hiring for 78 Jobs on Simplify!
Find jobs on Simplify and start your career today