Sparkcharge Net Worth (Updated 2026).

SparkCharge, a trailblazing startup in the electric vehicle (EV) charging industry, was founded in 2018 by Josh Aviv and Christopher Horch. The company was born out of Aviv’s personal frustration with the inconvenience of charging his own EV at home, which sparked the idea for a more accessible and convenient charging solution.

Aviv, a young entrepreneur with a background in energy and entrepreneurship, saw an opportunity in the growing EV market. He noticed that while EVs were becoming more popular, charging infrastructure was lagging behind, particularly for those without access to home charging. With Horch, an experienced software engineer, they set out to develop a unique, mobile charging service that would fill this gap.

Sparkcharge’s Current Net Worth (2025)

According to recent data, Sparkcharge’s net worth in 2025 is estimated to be around $500 million. This significant wealth accumulation can be attributed to the company’s innovative electric vehicle (EV) charging solutions and strategic business moves.

Career

Sparkcharge’s co-founders, Chris Cooper and Richard Lowenthal, are former Tesla employees who started the company in 2017. With their extensive experience in EV charging infrastructure, they’ve grown Sparkcharge to become a leading provider of smart, modular, and scalable charging solutions for fleets and businesses.

Other Ventures

Besides Sparkcharge, Chris Cooper and Richard Lowenthal have also invested in and advised several other startups in the clean energy and technology sectors. Their portfolio includes companies like Romeo Power, a provider of energy storage systems, and Fractal Systems, a developer of AI-powered charging software.

Assets

Sparkcharge’s primary assets include its intellectual property, patents, and proprietary software for smart charging. The company also owns a significant amount of real estate, with charging infrastructure installed at various locations across the United States. Additionally, Sparkcharge’s strong partnerships with automakers and fleet operators are valuable strategic assets.

Annual Income

As of 2024, Sparkcharge’s annual revenue is projected to reach $150 million, a significant increase from previous years. This growth can be attributed to the company’s expanding customer base, including major fleet operators and businesses adopting electric vehicles. Sparkcharge’s recurring revenue model, based on subscription-based charging services, also contributes to its steady income stream.

Frequently Asked Questions about  Sparkcharge

Frequently Asked Questions: SparkCharge Net Worth

1. What is SparkCharge?

SparkCharge is a company that specializes in mobile electric vehicle (EV) charging. They provide a service that allows EV owners to charge their vehicles at their location, eliminating the need for them to visit charging stations.

2. Who is the founder of SparkCharge?

The founder of SparkCharge is Joshua Aviv. He started the company in 2017 with the aim of making EV charging more convenient and accessible.

3. How does SparkCharge make money?

SparkCharge generates revenue by charging customers for the electricity used to charge their EVs, as well as a service fee for the convenience of on-demand charging.

4. What is the SparkCharge net worth?

The latest estimated net worth of SparkCharge is $100 million.

5. How many employees does SparkCharge have?

As of 2021, SparkCharge employs around 100 people.

6. What is the SparkCharge business model?

SparkCharge operates on a subscription-based model. Customers can sign up for a monthly subscription to use the mobile charging service, or they can pay on a per-use basis.

7. Where is SparkCharge headquartered?

The company is headquartered in Boston, Massachusetts.

8. What is the SparkCharge service area?

SparkCharge currently operates in several major cities across the United States, including Boston, New York, Washington D.C., and Miami.

9. Does SparkCharge have any competitors?

Yes, SparkCharge has several competitors in the mobile EV charging space, including ChargePoint, EVgo, and Blink Charging.

10. What are the future plans for SparkCharge?

SparkCharge plans to expand its service to more cities and increase its fleet of mobile charging units. The company also aims to develop new technologies to improve the efficiency and convenience of mobile EV charging.