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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 10%

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

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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 29, 2026

    Grew 38% QoQ, from 81 to 112 employees.

  • Aug 2, 2026

    Grew 31% QoQ, from 81 to 106 employees.

Empower Filings

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Empower filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Empower a public or private company?

Empower is a private company.

What is the current stock price of Empower?

Empower is a private company with no public stock price. No recent secondary market data is available.

How much is Empower worth (valuation)?

Valuation information for Empower is not publicly available.

Can I buy Empower stock?

Empower shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Empower's last funding round?

Empower's most recent funding round was Seed on September 19, 2023.

Who are the main investors in Empower?

Investor information for Empower is not publicly disclosed.

Will Empower IPO soon?

No public IPO plans have been announced for Empower.

How can I track Empower secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Empower's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersMcLean, Virginia
Employee Range59
Year Founded2019
Last FundingSep 19, 2023

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