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Generac logo — The total energy solutions company

Generac

The total energy solutions company

Founded 1959 United States Waukesha, United States 4004 employees Grant Total: $300.00M Energy, Manufacturing

General Information

Company Name Generac
Founded Year 1959
Location United States Waukesha, United States
Employees 4004
Industries Energy, Manufacturing
Funding Stage Grant
Social

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About Generac

Generac, founded in 1959, brands itself as "The total energy solutions company." Its mission is to empower individuals and businesses to use energy efficiently and independently by providing reliable, cleaner power solutions.

The company's offerings extend beyond residential settings, providing commercial and industrial solutions poised to address challenges associated with aging power grids, severe weather, and rising energy costs. This positions Generac advantageously in the expanding energy solutions market.

Strategically focusing on future energy management, Generac is innovating with connected solutions to meet escalating demands. This proactive stance could cement its status as an industry leader in energy technology and management.

The firm recently secured a $50.00M grant investment from the GRIP Program as of 21 October 2024, an indication of strong confidence and support for its strategic direction. Investors may find Generac appealing for its historical resilience and commitment to cleaner, efficient energy innovations. As the energy landscape evolves, the company's growth potential appears robust.

Business keywords: Energy Management, Home Backup Generators, Automatic Transfer Switches, Commercial and Industrial Solutions, Aging Power Grid Solutions, Severe Weather Preparedness, Connected Energy Solutions, Backup Power Applications, Portable Generators, Residential Generators, Mobile Power Products, Energy Storage Solutions, Inverters, Clean Energy, Industrial Generators

Services & Products

Power Backup Systems
Installation Services
Remote Monitoring Solutions
Maintenance Tools
Portable Power Solutions

Target Customers

Residential Users Industrial Users Campers Outdoor Enthusiasts Homeowners Preparing for Emergencies

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $50.00M 1
GRIP Program
21 Oct 2024
Grant $200.00M 1
US Department of Energy
17 Jul 2024
Grant $50.00M 1
GRIP Program
27 Oct 2023

Generac Alternatives & Competitors

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FAQ About Generac

The total energy solutions company
Generac was founded in 1959.
Generac is headquartered in Waukesha, United States.
Generac operates in Energy and Manufacturing. Its work centres on Energy Management, Home Backup Generators, Automatic Transfer Switches and Commercial and Industrial Solutions. Its customers include Residential Users, Industrial Users and Campers.
Generac has approximately 4004 employees.
Generac has completed 3 funding rounds, raising a total of $300.00M. The latest funding stage is Grant.
Generac offers: Power Backup Systems, Installation Services, Remote Monitoring Solutions, Maintenance Tools, Portable Power Solutions.
Top alternatives and competitors to Generac include Huayu New Energy, Wolverine Power Systems, Powin, Canadian Solar Inc., GKN Hydrogen. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Generac and Huayu New Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Generac, https://bouncewatch.com/company/generac, updated 5 August 2025. When citing, please name BounceWatch and link this page.

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