Fundraising Fox

ChargePoint

Campbell, US · Founded 2007 · Delaware corporation · 1,453 employees on LinkedIn · 20 known investors

ChargePoint provides networked electric vehicle charging infrastructure and management software for company vehicle fleets and motor pools. The platform integrates with existing fleet management tools to optimize charging operations, reduce costs, and manage emissions reporting.

Also known as ChargePoint, Inc.

Founders & leadership

ChargePoint was founded in 2007 by Richard Lowenthal.

RLRichard Lowenthal
Richard LowenthalinFounder
PRPasquale Romano
Pasquale RomanoinExecutive
AC
Antonio CanovaExecutive
JK
Jonathan KaplanExecutive

Board

NSNeil Suslak
Neil SuslakinBoard directorGeneral Partner at Braemar Carbonfree Holdings
BCBruce Chizen
Bruce ChizeninChairperson of the BoardStrategic Advisor at Voyager Capital
MLMichael Linse
Michael LinseinBoard directorFounder and Managing Director at Linse Capital
MLMark Leschly
Mark LeschlyinBoard directorManaging Partner at Rho Ventures
DA
Daniel AhnBoard director
WT
William ThayerBoard director

Investors · 20

Also in the syndicate · 7

American Electric PowerBMWCanada Pension Plan Investment BoardDaimler Trucks & BusesKleiner Perkins Caufield & ByersSiemensSiemens Venture Capital GmbH

Reported raises · per SEC filings

Form D private placements

$496.1M disclosed across 6 of 9 rounds · 2014–2020

$127.3MraisedAug 2020 · 14 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Bowman RoxanneDirector
  • Neil SuslakDirector
  • Pasquale RomanoExecutive Officer, Director
  • Axel HarriesDirector
  • Richard WagonerDirector
  • Bruce ChizenDirector
  • Richard LowenthalDirector
  • Jeffrey HarrisDirector
  • Michael LinseDirector
  • Rex JacksonExecutive Officer
  • Mark LeschlyDirector
Offering amount
$127.3M
Amount sold
$127.3M
First sale
Jul 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$181.6MraisedDec 2018 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark LeschlyDirector
  • Bill ThayerDirector
  • Richard WagonerDirector
  • Neil SuslakDirector
  • Bruce ChizenDirector
  • Rex JacksonExecutive Officer
  • Michael LinseDirector
  • Richard LowenthalDirector
  • Ralf ChristianDirector
  • Jeffrey HarrisDirector
  • Jonathan KaplanExecutive Officer
  • Pasquale RomanoExecutive Officer, Director
  • Axel HarriesDirector
Offering amount
$240M
Amount sold
$181.6M
Sales commissions
$8M
Placement agents
Morgan Stanley & Co LLC
First sale
Nov 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$440KraisedJul 2018 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Neil SuslakDirector
  • Richard WagonerDirector
  • Richard LowenthalDirector
  • Mark LeschlyDirector
  • Pasquale RomanoExecutive Officer, Director
  • Ralf ChristianDirector
  • Bill ThayerDirector
  • Axel HarriesDirector
  • Rex JacksonExecutive Officer
  • Jonathan KaplanExecutive Officer
  • Michael LinseDirector
  • Bruce ChizenDirector
Offering amount
$440K
Amount sold
$440K
First sale
Jun 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$106.1MraisedMay 2017 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Wagoner RichardDirector
  • Axel HarriesDirector
  • Antonio CanovaExecutive Officer
  • Bill ThayerDirector
  • Mark LeschlyDirector
  • Michael LinseDirector
  • Neil SuslakDirector
  • Richard LowenthalDirector
  • Pasquale RomanoExecutive Officer, Director
  • Jonathan KaplanExecutive Officer
  • Bruce ChizenDirector
Offering amount
$125M
Amount sold
$106.1M
First sale
Feb 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$58.1MraisedJul 2016 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Neil SuslakDirector
  • Bruce ChizenDirector
  • Pasquale RomanoExecutive Officer, Director
  • William ThayerDirector
  • Michael LinseDirector
  • Mark LeschlyDirector
  • Antonio CanovaExecutive Officer
  • Richard LowenthalDirector
  • Jonathan KaplanExecutive Officer
Offering amount
$59M
Amount sold
$58.1M
First sale
Apr 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$22.6MraisedMay 2014 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Neil SuslakDirector
  • Daniel AhnDirector
  • Richard LowenthalExecutive Officer, Director
  • Pasquale RomanoExecutive Officer, Director
  • Mark LeschlyDirector
  • Jonathan KaplanExecutive Officer
  • Michael LinseDirector
  • Antonio CanovaExecutive Officer
  • William Albert ThayerDirector
Offering amount
$27M
Amount sold
$22.6M
First sale
Apr 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

ChargePoint develops electric vehicle charging equipment (EVSE), cloud-based charge management software and related services. The company has focused solely on EV charging since 2007 and offers an integrated portfolio spanning commercial and workplace charging, fleet depots, retail and destination sites, residential charging and support for organizations that want to operate their own charging businesses. It positions itself as an enabler of charging programs rather than an operator of stations: the stations on its network are independently owned, and site hosts set their own pricing and access controls.

The hardware is designed in-house with a modular, repairable architecture and features such as the ChargePoint Omni Port and cut-resistant cables; all hardware is stated to be UL and CE certified. The ChargePoint Platform is a unified EV charge management system that can also operate third-party hardware, with capabilities the company describes as going beyond OCPP compliance, including a charging Waitlist, AI automation and Fleet Operations tools. On the driver side, ChargePoint offers a mobile app for finding, navigating to, starting and paying for charging sessions across multiple networks (with Apple Pay, Google Pay and card payments, Apple CarPlay and Apple Wallet support), aggregated home and public session tracking, and 24/7 driver support. Its consumer product, ChargePoint Home Flex, is a Level 2 home charger supporting up to 50 amps and up to 37 miles of range per hour, available in hardwired, NEMA 6-50 and NEMA 14-50 configurations with J1772 or NACS (Tesla) connectors, UL listed, ENERGY STAR certified and sold with a three-year warranty, free shipping and 30-day returns.

The company reports it has deployed more charging ports than any other provider in the industry and serves over 5,000 brands, including 64% of Fortune 500 and 82% of Fortune 50 companies. It also cites a growing patent portfolio and more than 20 technology awards, and states it was the first EV charging provider to receive ENERGY STAR certification.

Business model

ChargePoint sells charging hardware together with subscription cloud software and support/assurance services to organizations that host charging — workplaces, commercial and retail sites, fleet operators, multifamily properties and businesses that want to run their own charging operations — as well as direct-to-consumer home chargers. Stations on its network are independently owned by site hosts, who retain control of pricing and access; ChargePoint supplies the network, management software and driver-facing services rather than operating stations itself.

Revenue is derived from sales of EV charging hardware (commercial stations and the consumer Home Flex charger, including accessories such as NACS cable conversion kits), cloud charge-management software for station owners and fleets, and services including support packages, site assessment, installation guidance and long-term program optimization.

Traction

Cumulative figures reported by the company include 23 billion electric miles powered, 453 million charges delivered, 928 million gallons of gasoline avoided and 5.5 million metric tons of GHG emissions avoided, with a plug-in event occurring every 1.0 second or less. It reports over 4 million EV drivers and more than 5,000 customer brands, including 64% of Fortune 500 and 82% of Fortune 50 companies. Earlier milestones include 4.5 million charging sessions and 93 million gas-free miles as of 2014, and more than 73 million charges delivered as of August 2020.

Latest developments

The company is co-developing behind-the-meter charging technology in partnership with Eaton and has released an updated mobile app adding enhanced station search with nearby amenities, in-app turn-by-turn navigation, personalized 24/7 chat support and simplified login via Apple and Google sign-on. It has also introduced NACS (Tesla) connector options for Home Flex, including a NACS cable conversion kit for existing stations, and media coverage cites a 10-minute EV charging debut, AI-powered product rollouts, the Omni Port connector and a planned GM charging installation program.

Full profile — market position, technology, go-to-market, geography, history

Market position

ChargePoint describes itself as having deployed more charging ports than any other provider and, in earlier company statements, as the largest and most open EV charging network; in 2014 it cited a #1 ranking from Navigant Research. Its network grew from more than 17,000 charging ports in 2014 to more than 57,000 public and semi-public charging spots in 2018 and more than 108,100 places to charge by August 2020. It reports over 4 million EV drivers on its network and more than 5,000 customer brands.

The company differentiates on in-house engineering of both hardware and software, a modular and repairable station design, hardware-agnostic charge management that extends beyond OCPP, an exclusive focus on EV charging since 2007, a large installed base of charging ports and drivers, 24/7 driver support included at no additional cost, and a single consumer app covering both home and multi-network public charging.

Technology

ChargePoint engineers its EVSE in-house with modular, easy-to-repair architecture and features including the ChargePoint Omni Port and cut-resistant cables. The ChargePoint Platform is a unified charge-management system that supports the company's own and third-party hardware, adding functionality beyond OCPP compliance such as Waitlist, AI automation and Fleet Operations. Driver-facing technology includes a mobile app with advanced station filters, in-app turn-by-turn navigation, state-of-charge planning, integrated multi-network payments, home charging scheduling around utility rates, and integrations with Alexa, Siri, Apple CarPlay and Apple Wallet, plus in-dash integrations with vehicle navigation systems.

Go-to-market

ChargePoint sells through a consultative model in which prospects are matched with charging experts to scope requirements, supported by installation and site-walk services and long-term support packages. Its driver network and mobile app act as a demand channel that directs EV drivers to customer-owned stations. Home chargers are sold directly online, supported by utility, federal, state and city incentive programs. The company also co-develops behind-the-meter technology with Eaton.

Businesses and organizations offering charging to employees, customers or residents (workplaces, retail and destination sites, multifamily and rental housing), commercial and public-transit fleet operators, organizations seeking to run their own EV charging businesses, and individual EV drivers buying home chargers and using the ChargePoint app.

Geography

Headquartered in Campbell, California, ChargePoint operates internationally; its app covers charging worldwide, its 2017 Series G funded expansion into Europe, and subsequent funding was directed at expanding its commercial and fleet business across North America and Europe.

History

ChargePoint has been focused on EV charging since 2007, beginning before mainstream EV models were available. It raised successive venture rounds, including an additional $22.6 million in 2014 that brought total funding above $110 million, a $125 million Series G in 2017 that funded European expansion, a $240 million Series H in November 2018, and $127 million in incremental equity in August 2020 that brought disclosed total funding to $660 million. Its network scaled from over 17,000 charging ports in 2014 to more than 108,100 places to charge by 2020.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Charges deliveredJan 2025453,000,000 charges
Charging ports on networkJan 201417,000 ports
Charging sessions initiatedJan 20144,500,000 sessions
Customer brandsJan 20255,000 brands
Electric miles poweredJan 202523,000,000,000 miles
EV drivers on networkJan 20254,000,000 drivers
Gallons of gas avoidedJan 2025928,000,000 gallons
Gas-free miles drivenJan 201493,000,000 miles
Gasoline avoidedJan 20143,900,000 gallons
GHG emissions avoidedJan 20255,500,000 metric tons
Places to charge on networkAug 2020108,100 locations
Public and semi-public charging spotsNov 201857,000 charging spots
Share of Fortune 50 companies as customersJan 202582%
Share of Fortune 500 companies as customersJan 202564%
Total funding raisedAug 2020$660M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 4

by search overlap

Companies competing with ChargePoint for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 7

launches, deals, and filings
Jan 2025
Partnership with Eaton on behind-the-meter technology

ChargePoint is co-developing behind-the-meter charging technology with Eaton.

source ↗

Jan 2025
NACS-enabled Home Flex and NACS cable conversion kit

ChargePoint introduced NACS (Tesla) connector options for its Home Flex Level 2 home charger, including a cable conversion kit for existing stations.

source ↗

Jan 2025
Updated ChargePoint mobile app

New app release adds enhanced station search with nearby amenities, in-app turn-by-turn navigation, personalized 24/7 chat support and simplified login with Apple and Google sign-on.

source ↗

Aug 2020
ChargePoint closes $127 million in incremental equity financing

Funding intended to accelerate expansion of the company's global commercial and fleet businesses in North America and Europe and to scale policy, marketing and sales efforts; total funding reported at $660 million.

$127M source ↗

Nov 2018
ChargePoint raises $240 million Series H

Series H round with new investors American Electric Power, Chevron Technology Ventures, Canada Pension Plan Investment Board, Daimler Trucks & Buses, GIC and Quantum Energy Partners, alongside existing investors BMW i Ventures, Braemar Energy Ventures, Linse Capital and Siemens; proceeds earmarked for network expansion in Europe and North America and fleet offerings.

$240M source ↗

Jan 2017
Series G funds expansion into Europe

ChargePoint's $125 million Series G round funded the company's expansion into Europe.

$125M source ↗

Jan 2014
ChargePoint raises an additional $22.6 million in venture capital funding

ChargePoint announced $22.6 million in additional funding from investors including Rho Ventures, Kleiner Perkins Caufield & Byers, Braemar Energy Ventures, Siemens Venture Capital GmbH, Voyager Capital and BMW, bringing total raised to over $110 million.

$22.6M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
ChargePointDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does ChargePoint do?
ChargePoint builds EV charging hardware, cloud software and services for businesses, fleets and drivers.
Who founded ChargePoint?
ChargePoint was founded by Richard Lowenthal in 2007.
Who are ChargePoint's investors?
ChargePoint's investors include BMW i Ventures, Braemar Energy Ventures, Clearvision Ventures, Constellation Technology Ventures, Estag Capital, F4 Ventures, Madison Parker Capital, Rho Capital Partners and 5 more.
How much funding has ChargePoint raised?
ChargePoint has disclosed $496.1M raised across 6 of its 9 known rounds.
Where is ChargePoint headquartered?
ChargePoint is headquartered in Campbell, US.