ElectraTherm

Flowery Branch, United States Founded: 2005 • Age: 21 yrs Acquired By BITZER
Waste heat to power generation systems

About ElectraTherm

ElectraTherm is a Business Services company based in Flowery Branch (United States) founded in 2005 by Richard Langson, and was acquired by BITZER in October 2016. It operates as a waste heat to power generation systems. It operates in the Business Services and Energy & Utilities sectors. ElectraTherm has raised $32.74 million across 8 funding rounds from investors including DOE, BITZER and OSTI.GOV. Its chief executive is Richard Langson. Its focus areas include Energy Tech, Energy Efficiency Tech, Thermal Products and Waste Heat Recovery. Its legal entity is ELECTRATHERM INC. Its competitors include Orcan Energy, Enertime, Enerdrape, RedWave Energy and Heliex Power and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

ElectraTherm designs and manufactures waste heat to power generating systems for application in stationary engines, methane optimization, biomass systems, geothermal, and compression applications. It utilizes Organic Rankine Cycle (ORC) and proprietary technologies to generate power from low-temperature heat ranging from 77-122 degrees Celsius. Their products are available in three different sizes - the 4200 generates up to 35kWe, the 4400 generates up to 65kWe, and the 6500 is the largest size model generating up to 110kWe. Acquired by BITZER, the manufacturer of refrigeration compressors.

  • Headquarters Flowery Branch, United States
  • Founders Richard Langson
  • Stage Acquired
  • Sectors
    Business Services
    Energy & Utilities
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website electratherm.com
  • Social LinkedIn X
  • Acquired by BITZER (Oct 2016)
  • Legal Name Electratherm Inc
Key Metrics
  • Total Equity Funding
    $32.74M (USD)

    in 8 rounds

  • Latest Funding Round
    $2.8M (USD), Series B

    Apr 2016

  • Investors
    DOE

    & 3 more

  • Acquired by
    BITZER

    (Oct 2016)

Funding Insights of ElectraTherm

ElectraTherm has successfully raised a total of $32.74M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $2.8 million completed in April 2016. 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 $32.74M
  • Total Rounds 8
  • Last Round Series B β€” $2.8M
  • First Round $33,226

    (Dec 2005)

  • Investors Count 3

All 8 funding rounds of ElectraTherm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2016$2.8MSeries B––
–
Jun 2014$5.29MSeries B––
–
Jan 2014$1.01MSeries B––
–
Oct 2012$982,000Grant––
Feb 2011$18.2MSeries B––
–
Sep 2010$1.95MGrant––
Oct 2009$5.4MSeries A–Interlaken Capital
–
Dec 2005$33,226Seed––
–
Valuation history

4 investors in total: 4 institutional.

Investors in ElectraTherm

ElectraTherm has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include DOE, BITZER and OSTI.GOV.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–interlakencapital.com-
Energy sources and policies are managed by the DOE.
1977energy.gov-
Scientific and technical information is managed and disseminated by OSTI.GOV.
–osti.govOak Ridge, United States
Provider of piston, screw, and scroll compressors
1934bitzer.deSindelfingen, Germany
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Investor details for ElectraTherm

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People of ElectraTherm

4 people are tracked at ElectraTherm (2 in leadership, 2 in team).

NameRoleGroup
Richard Langson
Founder & CEOLeadership
Natalie Van Dyke
Director Of SalesLeadership
Kevin S. Kirkeby, MBA
Business Development AnalystTeam
Erick Wipf
electrical and applications engineer / sales / customer serviceTeam
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Complete people profiles for ElectraTherm

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Timeline of ElectraTherm

4 dated milestones of ElectraTherm across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded ElectraTherm is founded.
  2. Funding First funding round of $33K.
  3. Funding Latest funding round, Series B, of $2.8M.
  4. Exit Acquired by BITZER.

Competitors of ElectraTherm

ElectraTherm has 9 listed competitors in our database, 8 of them funded. They include Orcan Energy, Enertime, Enerdrape, RedWave Energy and Heliex Power, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
orcan-energy.com2008Munich, Germany$29.02M38
Waste heat is converted into electricity using ORC energy modules.
enertime.com2008Courbevoie, France$7.27M–
Manufacturer of organic rankine cycle modules
enerdrape.com2019Lausanne, Switzerland$2.22M–
Geothermal panel technology is developed for renewable heating and cooling.
redwaveenergy.com2011Glen Ellyn, United States$18.71M–
Renewable energy is generated from infrared spectrum via nano-antenna technology.
heliexpower.com2010East Kilbride, United Kingdom$42.13M25
Clean electricity is generated from waste heat and steam.
alphabetenergy.com2009Hayward, United States$52.68M27
Develops innovative thermoelectric technologies for waste heat recovery.
mtpv.com2003Austin, United States$45.25M17
Produces high-quality photovoltaic cells using micron-gap thermophotovoltaics technology.
gmzenergy.com2006Waltham, United States$22.44M9
Building energy management solutions via thermoelectric conversion are provided.
climeon.com2011Stockholm, Sweden––
Provider of SaaS-driven industrial and geothermal waste heat recovery products
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Detailed competitors of ElectraTherm

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  • Operating metrics
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Web traffic of ElectraTherm

The website of ElectraTherm (electratherm.com) receives about 4.3K visits a month.

  • Monthly visits
    4.3K

    ▼ 27.3% vs previous month

Similar websites

Websites whose visitors overlap most with ElectraTherm. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
turboden.com
100%
12.8K#1,978,258View details
powerandheatsystems.com
powerandheatsystems.com
88%
–––
mhi.com
83%
760.2K#71,292View details
electerm.com
electerm.com
58%
–#5,019,913–
renewability.com
renewability.com
54%
–#9,233,388–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for ElectraTherm

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  • Audience overlap
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Top companies in Facility Management Platforms

10 companies that operate in the same segment as ElectraTherm (Facility Management Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M–2,458
Provider of smart thermostats for commercial and residential applications
2007Toronto, Ontario, CanadaUSD 151.52 M––
Envoy is recognized for providing workplace management solutions.
2013San Francisco, California, United StatesUSD 170.5 M–463
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based video intercoms and physical security systems are provided.
2000Tysons, Virginia, United StatesUSD 137.36 MUSD 1.01 B2,009
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
End-to-end energy management solutions are provided for utilities worldwide.
1896Zug, Zug, SwitzerlandUSD 1.03 BUSD 1.17 B6,300
Corporate workplace and cafeteria digitization solutions are provided.
2014Bengaluru, Karnataka, IndiaUSD 2.24 MUSD 24.03 M594
Cloud and app-based facility management and service automation platform
1999New York, New York, United StatesUSD 54 M––
SaaS-based CAFM software is delivered for commercial facility management.
1995Leicester, England, United KingdomUSD 23.43 MUSD 98.38 M774
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Related news about Electratherm

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Frequently Asked Questions about ElectraTherm

ElectraTherm was founded in 2005.

ElectraTherm is headquartered in Flowery Branch, United States. It is registered at Flowery Branch, Georgia, United States.

Richard Langson is the current CEO of ElectraTherm. They have also founded this company.

ElectraTherm is a funded company, having raised a total of $32.74M across 8 funding rounds to date. The company's 1st funding round was a Seed of $33.23K, raised on Dec 2005.

ElectraTherm designs and manufactures waste heat to power generating systems for application in stationary engines, methane optimization, biomass systems, geothermal, and compression applications. It utilizes Organic Rankine Cycle (ORC) and proprietary technologies to generate power from low-temperature heat ranging from 77-122 degrees Celsius. Their products are available in three different sizes - the 4200 generates up to 35kWe, the 4400 generates up to 65kWe, and the 6500 is the largest size model generating up to 110kWe. Acquired by BITZER, the manufacturer of refrigeration compressors.

ElectraTherm's top competitors include Orcan Energy, Climeon and Enertime.

ElectraTherm has 4 investors. Key investors include DOE, BITZER, OSTI.GOV, and Interlaken Capital.

ElectraTherm operates through Electratherm Inc.

Yes. ElectraTherm was acquired by BITZER in October 2016.

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