Plug
Leadership
Jimmy Douglas - Co-Founder & CEO
Founded
2023
Stage Invested
Series A
Backed Since
2026
Status
Private
Lightspeed Team
Justin Overdorff - Partner
Kat Zhang - Partner
Aaron Frank - Partner

Plug an online auction platform tailored for the wholesale market of used electric vehicles, incorporating detailed evaluations of battery health, software features, and charging capabilities to ensure transparent transactions. rom first time sellers to large-scale dealers, Plug meets customers where they are in their EV journey.

Plug
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Faction Ventures, L.L.C. ("Faction") and Lightspeed Management Company, L.L.C. ("LSVP") are separate businesses that operate independently of each other. Faction advises its own fund(s) and does not advise any LSVP clients, and LSVP does not advise Faction or any of its clients. LSVP and Faction are parties to an agreement pursuant to which LSVP holds certain interests in Faction and the fund(s) Faction manages.

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INDIA INDIA

Lightspeed Management Company, L.L.C. ("LSVP") and Lightspeed India Partners, L.L.P. ("LSIP") are distinct investment advisory entities, are not a unitary enterprise and operate independently of one another. From time to time LSVP may draw on its relationship with LSIP, and vice versa, but only to the extent consistent with its status as a separate investment adviser.

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