Fundraising Fox

SparkCharge

Techstars '18

Buffalo, US · Founded 2017 · Delaware corporation · 40 employees on LinkedIn · 17 known investors

SparkCharge develops mobile off-grid electric vehicle chargers and operates a charging network for EV users. The company focuses on making EV charging more accessible and reducing carbon emissions in the mobility sector.

Also known as Spark Charge

Founders & leadership

SparkCharge was founded in 2017 by Joshua Aviv.

JAJoshua Aviv
Joshua AvivinFounder/CEO
DP
David PipernoExecutive

Board

JF
James FloydBoard director
BS
Ben StoddardBoard director
EO
Elbert O. Robinson, Jr.Board director
EJ
Edward Jean-LouisBoard director
ZA
Zaid Ashai𝕏Board directorGeneral Partner at PJC

Investors · 17

Also in the syndicate · 9

Elemental ImpactHorizon Technology Finance CorporationleadMarcyPenMonte's FamleadNon-sibi VenturesPendulumPusha-TRevolution's Rise of the Rest Seed FundSummer Watson

Reported raises · per SEC filings

Form D private placements

$54.1M disclosed across 6 of 10 rounds · 2019–2025

$13.3MraisedSep 2024 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • James FloydDirector
  • Joshua AvivExecutive Officer, Director
  • Ben StoddardDirector
  • Zaid AshaiDirector
  • David PipernoExecutive Officer
  • Elbert O. Robinson, Jr.Director
  • Edward Jean-LouisDirector
Offering amount
$19.3M
Amount sold
$13.3M
First sale
Sep 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7MraisedDec 2023 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael CummingsExecutive Officer
  • Zaid AshaiDirector
  • Mingu LeeDirector
  • Edward Jean-LouisDirector
  • Joshua AvivExecutive Officer, Director
  • Elbert O. Robinson, Jr.Director
  • David PipernoExecutive Officer
Offering amount
$25M
Amount sold
$7M
First sale
May 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$29MraisedDec 2022 · 40 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Zaid AshaiDirector
  • Elbert O. Robinson, Jr.Director
  • Joshua AvivExecutive Officer, Director, Promoter
  • Edward Jean-LouisDirector
  • David PipernoExecutive Officer
  • Michael CummingsExecutive Officer
Offering amount
$36M
Amount sold
$29M
First sale
Nov 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.3MraisedMar 2021 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joshua AvivExecutive Officer, Director, Promoter
  • Michael CummingsExecutive Officer
  • Christopher EllisExecutive Officer
  • Zaid AshaiDirector
Offering amount
$2.5M
Amount sold
$1.3M
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1MraisedNov 2020 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard WhitneyExecutive Officer
  • Zaid AshaiDirector
  • Michael CummingsExecutive Officer
  • Joshua AvivExecutive Officer, Director
  • Christopher EllisExecutive Officer
Offering amount
$3M
Amount sold
$1M
First sale
Nov 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.4MraisedOct 2020 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Zaid AshaiDirector
  • Joshua AvivExecutive Officer, Director
Offering amount
$3M
Amount sold
$2.4M
Minimum investment
$1
First sale
Sep 2019
Incorporated
Corporation, Delaware, 2017
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

SparkCharge operates a distributed energy and off-grid electric vehicle charging platform for commercial and enterprise customers. It began with a modular, portable ultra-fast EV charger — the "Roadie" — that could be delivered on demand to EV owners through service providers, and later shifted to a business-to-business model centered on Charging-as-a-Service (CaaS), in which SparkCharge deploys, owns, operates and maintains charging assets on a customer's site and the customer pays per kilowatt-hour delivered.

The current product portfolio spans mobile battery energy storage (BESS) systems described as dispatching 1,000+ kWh on site at DC fast charging speeds of roughly 320–360 kW, PowerHub off-grid generation units offering continuous 24/7 runtime with flexible fuel options (the company cites propane, natural gas or hydrogen), and turnkey permanent grid-connected EV infrastructure for customers that outgrow mobile deployments. Earlier product framing described mobile battery charging at 80–300 kW and off-grid power hubs at 180–500 kW. Deployments are marketed as energized in about seven days with no upfront capital cost, and the company advertises 99.9% uptime, remote monitoring, smart alerts and performance analytics, plus an AI layer branded SparkAI that it says analyzes more than 500 data points to generate a site infrastructure plan.

Beyond EV fleets, SparkCharge targets autonomous vehicle operations, data centers, ports and logistics, construction and industrial sites, and events and entertainment, positioning grid-independent power as an alternative to multi-year interconnection and transformer lead times.

Founding story

Founded by Joshua Aviv, a data scientist with a B.A. in economics and a master's in information management and data science from Syracuse University, who won the 43North pitch competition. The initial product was a modular, portable ultra-fast charger that could be delivered on demand to EV owners via services such as Uber or AAA, creating mobile charging infrastructure at lower cost and faster deployment than fixed stations. Co-founder Richard Whitney served as lead systems engineer and Christopher Ellis as CTO in the early team.

Business model

SparkCharge sells energy as a service rather than hardware. Under Charging-as-a-Service, the company deploys, owns, operates and maintains chargers, batteries and PowerHub generation units on customer sites for the life of the agreement, and customers pay for equipment and energy delivered on a per-kWh basis with no upfront equipment purchase or maintenance obligation. Service levels are tiered as white glove (SparkCharge staff handle all charging, including plugging in vehicles), self-managed (customer team operates day to day) or hybrid. Capacity can be added incrementally as fleets grow, and customers can transition from mobile and off-grid solutions to permanent grid-connected infrastructure.

Recurring, usage-based revenue from energy delivered plus equipment charges under CaaS agreements; pricing is set by site charging volume. Per-kWh pricing was reported to typically run between roughly $0.35 and $0.60, described as competitive with public fast charging. The company has also used non-dilutive equipment financing (a CSC Leasing facility) to fund the assets it deploys.

Traction

As of the May 2025 funding announcement, SparkCharge had delivered more than 4,000,000 kWh to customers and displaced an estimated 500,000+ gallons of gasoline, with fleet charging coverage across all 50 US states and expansion into Canada and Mexico. It was selected as EV charging partner for the 2025 Masters Tournament and announced a strategic partnership with Pioneer Power. A third-party article reports projected revenue exceeding $27 million (attributed to 2024 projections) and a path to profitability.

Latest developments

In May 2025 SparkCharge closed a $15.5 million Series A-1 led by Monte's Fam alongside a $15 million venture loan facility from Horizon Technology Finance Corporation, totaling $30.5 million, and disclosed non-dilutive equipment financing with CSC Leasing; proceeds are earmarked for expansion across the US, Mexico and Canada. The company has since expanded its positioning beyond EV fleets to data centers, ports, construction and events, introduced SparkAI-driven deployment planning and BESS/PowerHub product lines, launched in the United Kingdom for autonomous vehicle fleet operations, and run its first annual EV technician training program.

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

Market position

The company describes itself as the world's largest off-grid EV fleet charging network, creator of the first mobile off-grid EV charger, and a leading US distributed energy platform. Press coverage frames its offering as a portable alternative in a market dominated by slower, costlier fixed charging infrastructure, addressing grid interconnection queues and depot construction delays.

Grid-independent deployment in days rather than the months or years required for utility upgrades and depot construction; zero upfront capital cost with SparkCharge retaining ownership, operation and maintenance risk; usage-based billing that flexes with fleet activity; hardware-agnostic integration with existing chargers and software; and an option to migrate from mobile and off-grid power to permanent infrastructure. Reported operating detail includes that about 95% of customers use its off-grid chargers.

Technology

Modular, mobile DC fast charging built on battery energy storage and off-grid generation. BESS units store energy off-peak and dispatch it on demand at high power with no on-site emissions; PowerHub units provide continuous generation with flexible fuel options and higher sustained output (cited up to 5+ MW on the CaaS page). A software layer, SparkAI, sizes the battery/generation/charging mix from 500+ data points, dispatches sessions, and provides remote monitoring, alerting and energy performance analytics across sites. Early engineering work centered on high-power switch-mode power supply design, battery management systems and multi-cell pack design for portable chargers.

Go-to-market

Direct enterprise sales through a consulting-style process (site assessment, SparkAI-generated deployment plan, deployment, ongoing optimization) supported by an inbound contact and quoting flow on its website. The company also reaches end drivers indirectly through B2B partnerships with roadside assistance networks such as Allstate Roadside and Urgently, and builds visibility through high-profile event sponsorships, including serving as EV charging partner for the 2025 Masters Tournament.

Commercial and enterprise fleet operators and other high-load sites: EV fleets and delivery services, autonomous vehicle operators, rideshare, auto OEMs, ports and railheads, transportation and logistics, data centers, construction and industrial sites, and events and entertainment including film and TV production. Roadside assistance providers were an early B2B channel. Brands listed as customers or partners on the company site include Amazon, Uber, Netflix, Zipcar, Avis and the US Open.

Geography

Headquartered in the Somerville, Massachusetts area per its 2025 press release, with earlier records listing Buffalo, New York. Fleet charging coverage spans all 50 US states, with expansion across the United States, Canada and Mexico funded by the 2025 raise, and a launch in the United Kingdom supporting autonomous vehicle fleet operations.

History

Early-stage records list incorporation as a C-corp in November 2017 in Buffalo, New York, at prototype-ready stage with seven employees; the company's own 2025 release says SparkCharge launched in 2017, while a TechCrunch interview cites Aviv founding it in 2018. Aviv pitched the Roadie portable charger on Shark Tank, securing a reported $1,000,000 investment from Mark Cuban and Lori Greiner for 10% equity plus 4% advisory shares and a board seat, at a stated $10 million valuation. The company subsequently pivoted from direct-to-consumer sales to a B2B Charging-as-a-Service model serving fleets and roadside assistance providers, raising a reported $3.3 million seed round and a $23 million Series A, followed by a $15.5 million Series A-1 and a $15 million venture loan announced in May 2025.

Risks & controversies

Reported risks are largely commercial and structural: dependence on customer fleet electrification timelines, grid interconnection and transformer lead times shaping demand, and the capital intensity of owning deployed charging and generation assets, which the company funds partly through venture debt and equipment leasing. Sharks questioned the original leasing model and consumer unit production costs during the Shark Tank pitch, concerns that preceded the pivot away from direct-to-consumer sales. Sources also conflict on founding year (2017 vs. 2018) and headquarters location (Buffalo, NY vs. Somerville, MA).

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

Key figures

latest reported
Advertised uptimeJan 202599.9%
DC fast charging output (BESS)Jan 2025320+ kW (360+ kW cited on CaaS page)
EmployeesJan 20257 people
Gasoline use eliminated (estimated)May 2025500,000 gallons
Mobile BESS on-site capacityJan 20251,000+ kWh
Projected revenueJan 2024$27M
Share of customers using off-grid chargersMay 202595%
Total energy delivered to customersMay 20254,000,000 kWh
Typical deployment timeJan 20257 days
Typical price per kilowatt-hour charged to fleetsMay 2025$0.35-$0.60 per kWh
US states with fleet charging coverageMay 202550 states
Valuation at Shark Tank appearanceOct 2025$10M

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

Competitors · 5

by search overlap
Blinkcharging1201 shared keywordsBlink Charging provides EV charging stations and turnkey charging services, including commercial Level 2 and DC fast chargers as well as residential chargers, along with installation, maintenance, remote monitoring, and support. It serves businesses, property owners, and EV drivers across public and private locations such as workplaces, hotels, apartments, and retail sites.
ChargePoint968 shared keywordsChargePoint 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.
EV Connect786 shared keywordsEV Connect provides an OCPP-compatible charging management software platform (Software+), EV charging hardware, and support services for businesses running EV charging programs. Its tools cover energy and revenue management, real-time monitoring, and a driver mobile app; the company is backed by Schneider Electric.
Chargehub743 shared keywordsChargeHub operates an EV charging platform with a driver app to locate charging stations and pay for sessions, plus business solutions that connect networks and handle EV roaming, payments, and data integration. It serves EV drivers as well as charging station operators (CPOs), electric mobility providers (eMSPs), fleets, automakers, and governments across North America.
Qmerit488 shared keywordsQmerit provides EV charger installation and home electrical services—including lighting, outlets, surge protection, and smart home wiring—for homeowners and businesses, coordinating projects through a nationwide network of certified electricians. It uses an AI-powered project form to generate instant estimates and manages permitting, inspections, and the full installation process across the United States.

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

Timeline · 10

launches, deals, and filings
Oct 2025
Shark Tank investment from Mark Cuban and Lori Greiner

Reported deal of $1,000,000 for 10% equity plus 4% advisory shares and one board seat, at a stated $10 million valuation.

$1M source ↗

Oct 2025
Mobile EV charging integrated into Urgently's roadside assistance platform

source ↗

May 2025
Non-dilutive equipment financing secured with CSC Leasing

CFO David Piperno stated the company secured non-dilutive financing with CSC Leasing to fund equipment requirements supporting growth.

source ↗

May 2025
SparkCharge announces $30.5 million in combined equity and debt financing

Closed a $15.5 million Series A-1 led by Monte's Fam plus a $15 million venture loan facility from Horizon Technology Finance Corporation, to expand mobile off-grid EV charging across the US, Mexico and Canada.

$30.5M source ↗

May 2025
Strategic partnership with Pioneer Power

source ↗

May 2025
Service expanded across all 50 US states, Canada and Mexico

source ↗

May 2025
Partnership with Allstate Roadside for mobile charging of stranded EV drivers

source ↗

Jan 2025
SparkCharge launches in the United Kingdom for autonomous vehicle fleet operations

Company blog announces UK launch bringing AI-optimized energy infrastructure to autonomous vehicle fleet operations.

source ↗

Jan 2025
Selected as EV charging partner for the 2025 Masters Tournament

source ↗

Jan 2025
First annual EV technician training program

Company blog describes an internal training program for technicians who deploy and maintain enterprise energy infrastructure.

source ↗

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

Legal entities · 1

corporate structure
SparkChargeDelaware

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 SparkCharge do?
SparkCharge provides mobile, off-grid EV charging and on-site battery storage and power generation as a managed service.
Who founded SparkCharge?
SparkCharge was founded by Joshua Aviv in 2017.
Who are SparkCharge's investors?
SparkCharge's investors include Automotive Ventures Mobility, Cleveland Avenue, Flucas Ventures, PJC, Revolution, Techstars, BoxOne Ventures, Tale Venture Partners.
How much funding has SparkCharge raised?
SparkCharge has disclosed $54.1M raised across 6 of its 10 known rounds.
Where is SparkCharge headquartered?
SparkCharge is headquartered in Buffalo, US.