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PowerFlex

Unlocking the clean power potential of your sites

Founded 2016 United States San Diego, United States 317 employees Private Equity Total: $100.97M Renewable Energy

General Information

Company Name PowerFlex
Founded Year 2016
Location United States San Diego, United States
Employees 317
Industries Renewable Energy
Funding Stage Private Equity
Social

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About PowerFlex

PowerFlex is a clean technology solutions company that aims to facilitate the shift towards carbon-free energy. The company offers a range of green solutions such as solar, storage, EV charging, and the intelligent energy management platform PowerFlex X. Founded in 2016 and headquartered in the United States, PowerFlex envisions the establishment of a Virtual Power Plant where commercial and industrial customers can benefit from cost savings, emissions reductions, and energy security by generating, storing, and utilizing clean energy on-site. The company recently secured a $100.00 million Private Equity Round investment on 13 December 2022 from Manulife Investment Management. This investment is expected to support PowerFlex's efforts to further develop and expand its innovative clean energy solutions, potentially disrupting and revolutionizing the renewable energy industry. With a clear focus on sustainability and technological advancement, PowerFlex demonstrates the potential to drive significant impact while addressing crucial environmental and economic challenges.

Business keywords: clean technology, carbon-free energy, solar energy, energy storage, EV charging, intelligent energy management, Virtual Power Plant, cost savings, emissions reductions, energy security, sustainable energy, commercial energy solutions, industrial energy solutions

Funding Rounds & Investors (3)

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Funding Stage Amount Investors Lead Investors Date
Private Equity Round $100.00M 1
Manulife Investment Management
13 Dec 2022
Grant $744.02K 1
National Science Foundation
04 Sep 2018
Grant $225.00K 1
National Science Foundation
14 Jul 2017

PowerFlex Alternatives & Competitors

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PowerFlex vs

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3ti Energy Hubs
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FAQ About PowerFlex

Unlocking the clean power potential of your sites
PowerFlex was founded in 2016.
PowerFlex is headquartered in San Diego, United States.
PowerFlex operates in Renewable Energy. Its work centres on clean technology, carbon-free energy, solar energy and energy storage.
PowerFlex has approximately 317 employees.
PowerFlex has completed 3 funding rounds, raising a total of $100.97M. The latest funding stage is Private Equity.
Top alternatives and competitors to PowerFlex include Onyx Renewable Partners L.P., 3ti Energy Hubs, Starsight Power Utility, Joju Solar, Heliogen. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PowerFlex and Onyx Renewable Partners L.P. 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 PowerFlex, https://bouncewatch.com/company/powerflex, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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