About Draker
Draker is a company based in Burlington (United States) founded in 1999 was acquired by AlsoEnergy in July 2018. Draker has raised $17.74 million across 6 funding rounds from investors including AlsoEnergy, BlueNRGY and Austin Ventures. Draker has completed 1 acquisition, including Solar Power Technologies. Draker operates in a competitive market with competitors including Clear Blue Technologies, Equilibrium Energy, RadianGEN, Odyssey Energy Solutions and Lancium, among others.
- Headquarter Burlington, United States
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$17.74 M (USD)
in 6 rounds
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Latest Funding Round
$5.41 M (USD), Series B
Jun 16, 2014
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Investors
AlsoEnergy
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
- Acquired by
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Funding Insights of Draker
Draker has successfully raised a total of $17.74M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $5.41 million completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Draker
Draker has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include AlsoEnergy, BlueNRGY and Austin Ventures.
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Venture capital investments in Texas-based companies.
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Early-stage venture capital funding is provided by FreshTracks Capital.
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Energy monitoring and management solutions to solar, wind and biogas power plants
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Investor details for Draker
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Investments & Acquisitions by Draker
Draker has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Solar Power Technologies.
Investment portfolio details for Draker
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provides power optimization and monitoring solutions for solar energy systems.
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Complete acquisition details for Draker
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Financial Statements - Draker
Detailed financials for Draker
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Draker Comparisons
Peer comparison for Draker
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Competitors of Draker
Draker operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clear Blue Technologies, Equilibrium Energy, RadianGEN, Odyssey Energy Solutions and Lancium, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Smart off-grid controllers are developed for renewable energy systems.
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Software solutions for energy portfolio management are offered.
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Solar asset management services are provided for PV projects.
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End-to-end platform for distributed renewable energy finance is provided.
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Cloud-based portfolio management software is provided for renewable energy.
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Power management software and energy trading platforms are provided online.
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Detailed competitors of Draker
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Latest news on Draker
Complete news archive for Draker
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Frequently Asked Questions about Draker
Draker was founded in 1999 and raised its 1st funding round 10 years after it was founded.
Draker is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Everett Mcginley is the current CEO of Draker.
Draker is a funded company, having raised a total of $17.74M across 6 funding rounds to date.
Founded in 1999 and based in Burlington, United States, Draker operates in the solar energy sector. Monitoring, management, and control solutions are provided for commercial and utility solar systems. Services encompass project-based support, field instrumentation, data collection and management, web applications featuring analytical tools, and public information displays. Operations focus on enhancing system performance through these integrated offerings.
Draker's top competitors include Equilibrium Energy, Clear Blue Technologies and Lancium.
Draker has made 1 acquisition, including Solar Power Technologies.
Draker has 4 investors. Key investors include AlsoEnergy, BlueNRGY, Austin Ventures, and FreshTracks Capital.