North West REC
We will safely, efficiently & innovatively provide reliable and affordable electric service to our members.
10 employees · est. 1935 · Orange City, United States
North West REC is the older company (1935 vs 2018); RACE Energy is the larger of the two.
Side-by-Side Comparison
| Metric | North West REC | RACE Energy |
|---|---|---|
| Founded | ||
| Founded | 1935 older | 2018 |
| Headquarters | ||
| Headquarters | Orange City, United States | Hyderabad, India |
| Employees | ||
| Employees | 10 | 65 larger |
| Industry | ||
| Industry | Energy, Industrial | Energy Storage, Automotive |
| Funding Stage | ||
| Funding Stage | Grant | Seed |
| Total Funding | ||
| Total Funding | $300.00K | $104.76M |
| Funding Rounds | ||
| Funding Rounds | 1 | 8 |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Electric Distribution, Cooperative, Energy Efficiency, Electric Service, Cost-effective Energy, Rebates, Incentives, Industrial Electric Service, Commercial Electric Service, Residential Electric Service | Clean Technology, Electric Vehicles, EV Powertrains, Battery Swapping, Sustainable Mobility, Electric Auto, Power And Torque, Rapid Charging, Fleet Operations, Emission Reduction, Electric Vehicle Infrastructure |
| Website | ||
| Website | nwrec.coop | racenergy.in |
About North West REC
North West REC is a consumer-owned electric distribution cooperative that has been serving farm, residential, commercial, and industrial customers in Ida, O'Brien, Plymouth, and Sioux counties in northwest Iowa since 1935. Their slogan "We will safely, efficiently & innovatively provide reliable and...
About RACE Energy
RACE Energy is at the forefront of revolutionizing the mobility sector with its commitment to harnessing clean and efficient technologies. Founded in 2018 and headquartered in India, the company operates at the intersection of the Energy Storage and Automotive industries. By focusing on sustainable...
We will tell you when either one moves
BounceWatch watches North West REC and RACE Energy for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at North West REC and RACE Energy — by email.
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Compiled from the BounceWatch company index. We last looked at North West REC on 6 Dec 2024, and RACE Energy on 18 Aug 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
