2024 Revenue
$223.7M
Funding
$0
YOY
43%
Team
496
Founded
2018
How Kempower CEO Tomi Ristimäki grew to $223.7M revenue with a 496 person team in 2024.
Charging Solutions - Built to Last
At Kempower, we specialize in providing DC charging solutions tailored explicitly for a wide range of electric vehicles. Our expertise encompasses electric buses, commercial vehicles, off-highway and heavy-duty vehicles, electric cars, and electric marine applications. Our mission is to simplify our customer's operations by delivering a comprehensive DC charging solution that includes hardware, software, and service components.
Our products are designed with flexibility, scalability, and durability at their core, ensuring that they are not just solutions for today but also for the future. The movable, modular, and scalable nature of our charging solutions makes them future-proof, adapting to evolving needs and technologies over time.
A distinctive feature of Kempower's offerings is the integration of cloud services, providing customers access to critical charging data. This feature empowers our customers with the ability to plan and forecast their transport operations more smoothly, optimizing efficiency and reducing operational costs.
Proudly designed and manufactured in Finland, our power sources embody the commitment to quality and sustainability. The phrase "Built to Last" isn't just a promise; it's a reflection of our dedication to durability, reliability, and excellence. Trust Kempower to power your electric vehicle needs with solutions that are as enduring as they are innovative.
Last updated
Kempower Revenue
In 2024, Kempower's revenue reached $223.7M. The company previously reported $156.5M in 2023. Since its launch in 2018, Kempower has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Kempower Hit $223.7m revenue in December 2024 | |
| 2023 | Kempower Hit $156.5m revenue in December 2023 | |
| 2018 | Launched with $0 revenue |
Kempower Valuation, Funding Rounds
Kempower is a bootstrapped SaaS startup. Founded in 2018, Kempower has grown to $223.7M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Kempower has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Kempower yet.
Kempower Employees & Team Size
Kempower employs approximately 496 people as of 2026, up from 261 in 2022.
| Year | Milestone |
|---|---|
| 2023 | Reached 496 employees (December 2023) |
| 2022 | Reached 261 employees (December 2022) |
Frequently Asked Questions about Kempower
What is Kempower's revenue?
Kempower generates $223.7M in revenue.
Who founded Kempower?
Kempower was founded by Tomi Ristimäki.
Who is the CEO of Kempower?
The CEO of Kempower is Tomi Ristimäki.
How much funding does Kempower have?
Kempower raised $0.
How many employees does Kempower have?
Kempower has 496 employees.
Where is Kempower headquarters?
Kempower is headquartered in Lahti, Finland.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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