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Empower

Empower

Private
McLean, VirginiaMobility, Transportation & Logisticshttps://driveempower.com/

Last Round

Seed

Sep 19, 2023

Total Funding Raised

$21.1M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Empower is a software company that provides a subscription-based platform for rideshare drivers, allowing them to set their own rates and keep 100% of the fare.

Sector

Mobility, Transportation & Logistics

Verticals

Ride-Sharing, Subscription Commerce

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Non-AI

Keywords

ride-hailingridesharegig economysubscription-based ride-hailingpeer-to-peer marketplacedriver earningszero-commission platformdriver subscriptionindependent driverride-hailing apptransportation marketplacegig worker platformSaaS

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Empower Comparables

Compare Empower with similar companies based on industry and business-model similarity.

Empower comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Wridz
92%
BLOC
90%
Fare Co-op
81%

Empower Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedSep 19, 2023
Early FundingDec 31, 2021

Key People

Founding team and executive leadership

Armidee Lampkins

Owner Operator, CEO Of NexMove Logistics Transportation Company LLC

Executive Team

Joshua Sear

Founder CEO

Founding Team

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 2, 2026

    Grew 31% QoQ, from 81 to 106 employees.

  • Mar 1, 2026

    Startup has achieved profitability.

Empower Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Empower Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Empower's valuation, stock price, and market status.

Firmographic Details

HeadquartersMcLean, Virginia
Employee Range106
Year Founded2019
Last FundingSep 19, 2023

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