# bp pulse

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bp-pulse

- Industry: Power & Utilities
- Headquarters: Mountain View, US
- Website: www.amplypower.com
- Total disclosed funding: $16M
- Latest round: Series A (Apr 10, 2020)
- Investors on record: 6

## About

bp pulse is dedicated to providing efficient public charging and fleet management solutions for electric vehicles (EVs). The company focuses on convenience and accessibility to support the growing EV market.bp pulse, originally known as AMPLY Power, Inc., was founded in 2018 in Mountain View, US. The company specializes in EV charging solutions and has completed three deals, with its latest funding round, the Series A, occurring on April 10, 2020. This round raised USD 13.16 mn, led by Siemens Aktiengesellschaft and Soros Fund Management among others. The company is currently valued at USD 32.423 mn. Vic Shao is the CEO, and the founding team includes Robert Kelly, Simon Lonsdale, SuzieQ Sharky, and Vic Shao.bp pulse specializes in providing public charging and EV fleet management solutions. Their offerings include ultrafast charging stations located across various markets in the United States, catering to individual users and commercial fleets. They also partner with businesses to create tailored EV charging solutions, including electrifying fleet operations for effective integration into transportation systems.bp pulse generates revenue through partnerships, subscriptions, and direct consumer transactions related to its EV charging solutions. Their B2B model allows businesses to subscribe to customized charging services, while individual EV owners can access charging services at ultrafast stations. This multifaceted approach to pricing reflects the value of their technology and fleet management capabilities, ensuring a robust financial foundation.In April 2020, bp pulse raised USD 13.16 mn in Series A funding to support the expansion of its team, operations, and business reach. The company plans to enhance its product offerings and is focusing on expanding into new geographic regions to meet the growing demand for electric mobility solutions. The funding will enable bp pulse to support its next phase of growth and further develop its services.

## Funding rounds

- Series A, Apr 10, 2020, $13M — Siemens Group, Soros Fund Management, Obvious, Congruent Ventures, PeopleFund
- Seed, Sep 8, 2019, $2M — Soros Fund Management, Obvious, Congruent Ventures, PeopleFund, KittyHawk Ventures
- Seed, Aug 1, 2018, $1.3M — Obvious, Congruent Ventures, KittyHawk Ventures

## Investors

- Obvious (https://capitalatlas.ai/funds/obvious) — Seed, Series A
- Congruent Ventures (https://capitalatlas.ai/funds/congruent-ventures) — Seed, Series A
- KittyHawk Ventures (https://capitalatlas.ai/funds/kittyhawk-ventures) — Seed
- Soros Fund Management — Seed, Series A
- PeopleFund (https://capitalatlas.ai/funds/peoplefund) — Seed, Series A
- Siemens Group — Series A
