When was EnCharge founded?

EnCharge was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is EnCharge located?

EnCharge is headquartered in Santa Clara, United States.

How many employees does EnCharge have?

As of Jun 30, 2026, the latest employee count at EnCharge is 101.

Is EnCharge a funded company?

EnCharge is a funded company, having raised a total of $144M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 14, 2022.

When was the latest funding round of EnCharge?

EnCharge's latest funding was a $***** Series B round on Feb 13, 2025, with participation from 14 investors.

Where does EnCharge rank among its competitors?

EnCharge ranks 9th amongst 151 active competitors, of which 46 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Armada, which secured $230M in May, 2026.

Who are the top competitors of EnCharge?

EnCharge's top competitors include Blaize, Cerebras and Biren Technology. Among them, Armada secured the most recent funding round in May, 2026.

EnCharge - 2026 Company Profile, Team, Funding & Competitors

EnCharge is a series B company based in Santa Clara (United States), founded in 2022 by Echere Iroaga. It operates as a Developer of hardware and software for edge-to-cloud artificial intelligence compute. EnCharge has raised $144M in funding from investors like Tiger Global Management, VentureTech Alliance and Anzu Partners. The company has 151 active competitors, including 46 funded and 12 that have exited. Its top competitors include companies like Blaize, Cerebras and Biren Technology.

Company Details

Developer of hardware and software for edge-to-cloud artificial intelligence compute. The company provides hardware and software designed for orchestration between on-device and cloud deployments. It offers chiplets, ASICs, and standard form-factor PCIe cards. The company's technology integrates into diverse form factors, enabling artificial intelligence capabilities in partner and customer solutions.

Key Metrics

Founded Year

2022

Location

Santa Clara, United States

Stage

Series B

Total Funding

$144M in 3 rounds

Latest Funding Round

Series B, Feb 13, 2025, $*****

Investors

Tiger Global Management & 19 more

Ranked

9^th among 151 active competitors

Employee Count

101 as on Jun 30, 2026

Similar Companies

Nvidia & 324 more

View EnCharge's full profile

EnCharge is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ENCHARGE AI, INC. CIN: 4728459_ , United States, Active	Jan 13, 2021	-	-	-

EnCharge has raised a total funding of $144M over 3 rounds. Its first funding round was on Dec 14, 2022. Its latest funding round was a Series B round on Feb 13, 2025 for $*****. 14 investors participated in its latest round. EnCharge has 20 institutional investors.

Here is the list of recent funding rounds of EnCharge:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 13, 2025	7362914	Series B	2518024	6850633	1848849	2382833
Dec 05, 2023	6432161	Series B	1279698	7793026	2834606	Anzu Partners & 3 more
Dec 14, 2022	8187441	Series A	9510514	1176876	Anzu Partners	AlleyCorp & 4 more

Access funding benchmarks and valuations. Sign up today!

View details of EnCharge's funding rounds and investors

The founders of EnCharge is Echere Iroaga.

Here are the details of EnCharge's key team members:

Echere Iroaga: Co-Founder of EnCharge.
Contact Info: 1 email address

View details of EnCharge's Founder profiles and Board Members

EnCharge's employee count trend

EnCharge has 101 employees as of Jun 26. Here is EnCharge's employee count trend over the years:

Uncover EnCharge's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of EnCharge include Blaize, Cerebras and Biren Technology. Here is the list of Top 10 competitors of EnCharge, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Blaize 2010, El Dorado Hills (United States), Public	Developer of hardware and software solutions optimizing artificial intelligence applications	$136M	Temasek, DENSO & 24 others	76/100
2nd	Cerebras 2015, Sunnyvale (United States), Public	Provider of high-performance AI infrastructure and wafer-scale computing solutions	$2.82B	Fidelity Investments, Foundation Capital ... & 33 others	72/100
3rd	Biren Technology 2019, Minhang (China), Public	Developer of AI acceleration modules, cards, and software development platforms	$904M	Shanghai Guotou Pioneer Artificial Intelligence Industry Fund, Ping An ... & 37 others	70/100
4th	Celestial AI 2020, Santa Clara (United States), Acquired	Developer of optical interconnect technology for artificial intelligence infrastructure systems	$589M	Koch Disruptive Technologies, Fidelity Investments ... & 21 others	68/100
5th	Axelera AI 2021, Eindhoven (Netherlands), Series C	Tech platform focused on AI inference acceleration, offering hardware, software, and integrated systems	$450M	Innovation Industries, Samsung Catalyst Fund ... & 13 others	66/100
6th	Armada 2016, Boston (United States), Series B	Provider of edge platform combining connectivity, compute, and real-world AI	$457M	Founders Fund, M12 & 26 others	64/100
7th	MatX 2022, Mountain View (United States), Series B	Provider of custom high-throughput chips specifically optimized for training and serving Large Language Models	$620M	Spark Capital, Jane Street & 8 others	64/100
8th	EdgeCortix 2019, Chuo (Japan), Series B	Developer of energy-efficient AI processors, accelerators, modules, cards, and systems	$138M	SBI Investment, Vajra & 14 others	63/100
9th	EnCharge 2022, Santa Clara (United States), Series B	Developer of hardware and software for edge-to-cloud artificial intelligence compute	$144M	Tiger Global Management, Vanderbilt University ... & 18 others	62/100
10th	Pliops 2015, Ramat Gan (Israel), Series D	Platform offering HPC storage accelerator for enterprises	$205M	Koch Disruptive Technologies, Viola Group ... & 19 others	63/100