Ampcontrol, a New York-based provider of an AI-powered software solution for fleet operators, raised $10M in Series A funding.
The round was led by The Westly Group with participation from existing investors AngelPad and Lorimer Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO and Founder Joachim Lohse, Ampcontrol is an AI-powered software for electric fleets to reduce EV charger downtime and electric fueling costs. The software connects to the EV charging hardware and vehicle telematics to make real-time decisions and provide detailed monitoring tools to fleet operators. Ampcontrol offers 24/7 hardware monitoring, OCPP charger communication, fleet management, dynamic load management, V2G integrations, alerts & notification system, and more. Its API-based platform allows for compatibility with other existing software systems.
The company has deployments in the U.S., Europe, LATAM and Africa. Customers include WattEV, First Bus, Revel, and one of the largest global commercial truck manufacturers.
FinSMEs
26/07/2023