# Ampeco

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ampeco

- Industry: Software
- Headquarters: Sofia, Bulgaria
- Website: www.ampeco.com
- Total disclosed funding: $42M
- Latest round: Series B (Nov 26, 2024)
- Investors on record: 4

## About

Based in Bulgaria, and founded in 2018 by its CEO Orlin Radev, CRO Stefan Ivanov, and CTO Alexander Alexiev, Ampeco Ltd. operates as a software company engaged in developing EV charging management platforms along with white-label EV driver applications. In January 2023, Ampeco raised USD 13 million in series A funding led by BMW I Ventures, with participation from Cavalry Ventures and LAUNCHub. As of January 2023, the company has served more than 120 customers with the help of more than 80 team members in more than 45 markets representing over 62,000 charging points.

Ampeco Ltd. provides EV charging management software that enables the management, maintenance, and monetization of a network of charge points across a variety of use cases and business models. It has various features including payment & billing, EV roaming, load management, plans & tariffs, customer & partner management, remote management & maintenance, reports & analytics, and home charging.  In addition, the company provides a hardware-agnostic charge point management system. The company has partnered with  Legrand, ABB, ALFEN, Star Change, and Ingeteam.

The company plans to use the series A funding for its engineering, and product innovation teams and further expansion into North America.

## Funding rounds

- Series B, Nov 26, 2024, $26M — BMW i Ventures, LAUNCHub, NAP, Revaia
- Series A, Jan 25, 2023, $16M — BMW i Ventures, LAUNCHub, NAP

## Investors

- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series A, Series B
- LAUNCHub (https://capitalatlas.ai/funds/launchub) — Series A, Series B
- NAP (https://capitalatlas.ai/funds/nap) — Series A, Series B
- Revaia (https://capitalatlas.ai/funds/revaia) — Series B