About Ecoflow
Ecoflow is a company based in San Jose (United States) founded in 2017.. Ecoflow has raised $104 million across 2 funding rounds from investors including CICC, Great Power Energy &Technology and Scud. Ecoflow offers products and services including DELTA Pro 3, DELTA Pro Ultra, Solar Panels, and WAVE 3. Ecoflow operates in a competitive market with competitors including Moxion Power, Naked Energy, Spectur, Polar Power and Ascent Solar, among others.
- Headquarter San Jose, United States
- Stage Unicorn
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Newearth Power S.R.O.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$104 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series B
Jun 10, 2021
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Investors
CICC
& 4 more
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Employee Count
Employee Count
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Products & Services of Ecoflow
Ecoflow offers a comprehensive portfolio of products and services, including DELTA Pro 3, DELTA Pro Ultra, Solar Panels, and WAVE 3. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides high-capacity backup power for homes and outdoor activities.
Offers expandable energy storage for whole-home backup solutions.
Generates clean solar power for charging EcoFlow devices.
Delivers portable cooling and heating for comfort in various scenarios.
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Funding Insights of Ecoflow
Ecoflow has successfully raised a total of $104M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in June 2021. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $100.0M
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First Round
First Round
(27 Apr 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - Ecoflow | Valuation | HongShan | |
| Apr, 2018 | Amount | Series A - Ecoflow | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ecoflow
Ecoflow has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include CICC, Great Power Energy &Technology and Scud. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Diversified asset management and corporate advisory services are provided.
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Founded Year | Domain | Location | |
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HongShan is engaged in venture capital investments for innovative companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ecoflow
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ecoflow
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecoflow Comparisons
Competitors of Ecoflow
Ecoflow 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 Moxion Power, Naked Energy, Spectur, Polar Power and Ascent Solar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial and industrial generators are manufactured with renewable energy sources.
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| domain | founded_year | HQ Location |
Heat decarbonization solutions are delivered via hybrid solar collectors.
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| domain | founded_year | HQ Location |
Solar energy powered products are designed and manufactured by Spectur.
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| domain | founded_year | HQ Location |
Mobile rapid chargers for EVs are developed without utility grids.
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| domain | founded_year | HQ Location |
Thin-film CIGS solar modules manufacturer
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ecoflow
Frequently Asked Questions about Ecoflow
When was Ecoflow founded?
Ecoflow was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Ecoflow located?
Ecoflow is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Is Ecoflow a funded company?
Ecoflow is a funded company, having raised a total of $104M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Apr 27, 2018.
What does Ecoflow do?
Ecoflow was founded in 2017 and is headquartered in San Jose, United States. An online platform is operated in the renewable energy sector, where solar panels, portable power stations, and related accessories are provided. These products address needs for outdoor activities, home backup power, and emergency situations. Product information and details are also made available through the platform.
Who are the top competitors of Ecoflow?
Ecoflow's top competitors include Naked Energy, Moxion Power and BLUETTI.
What products or services does Ecoflow offer?
Ecoflow offers DELTA Pro 3, DELTA Pro Ultra, Solar Panels, and WAVE 3.
Who are Ecoflow's investors?
Ecoflow has 5 investors. Key investors include CICC, Great Power Energy &Technology, Scud, HongShan, and Delian Capital.
What is Ecoflow's valuation?
The valuation of Ecoflow is $1B as of Jun 2021.
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