About ElectrIQ Power
ElectrIQ Power is a company based in San Francisco (United States) founded in 2014.. ElectrIQ Power has raised $19 million across 3 funding rounds from investors including Greensoil PropTech Ventures. ElectrIQ Power has completed 1 acquisition, including Lilypad. ElectrIQ Power operates in a competitive market with competitors including A123 Systems, Haven Energy, instagrid, Yotta Energy and Powervault, among others.
- Headquarter San Francisco, United States
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series A
Jun 24, 2021
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of ElectrIQ Power
ElectrIQ Power has successfully raised a total of $19M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 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 3
- Last Round Series A — $10.0M
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First Round
First Round
(24 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series A - ElectrIQ Power | Valuation | Greensoil PropTech Ventures |
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| Apr, 2020 | Amount | Seed - ElectrIQ Power | Valuation |
investors |
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| Sep, 2018 | Amount | Seed - ElectrIQ Power | Valuation | Greensoil PropTech Ventures |
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| 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 ElectrIQ Power
ElectrIQ Power has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Greensoil PropTech Ventures. 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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Venture capital firm investing in proptech sectors
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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 ElectrIQ Power
ElectrIQ Power has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lilypad. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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SaaS-driven energy intelligence platform
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ElectrIQ Power
| 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 |
Electriq Power Comparisons
Competitors of ElectrIQ Power
ElectrIQ Power 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 A123 Systems, Haven Energy, instagrid, Yotta Energy and Powervault, 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 |
Lithium-ion batteries for automotive and industrial uses are manufactured.
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| domain | founded_year | HQ Location |
Residential energy storage solutions are delivered via an online platform.
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Provides portable battery solutions for construction, events, and media applications worldwide.
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| domain | founded_year | HQ Location |
Solar energy storage systems and remote monitoring software are provided.
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| domain | founded_year | HQ Location |
Plug-and-play energy storage devices are built for solar integration.
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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 Electriq Power
Frequently Asked Questions about ElectrIQ Power
When was ElectrIQ Power founded?
ElectrIQ Power was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is ElectrIQ Power located?
ElectrIQ Power is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is ElectrIQ Power a funded company?
ElectrIQ Power is a funded company, having raised a total of $19M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Sep 24, 2018.
What does ElectrIQ Power do?
ElectrIQ Power was founded in 2014 in San Francisco, United States, within the energy sector. Distribution management solutions for resources are delivered to commercial customers, incorporating cloud-based predictive software alongside lithium-ion battery storage. Systems include energy meters, inverters, and dashboards for monitoring consumption, issuing predictive maintenance alerts, and suggesting optimizations. Connections to rooftop renewables or the grid enable backup power, with stored energy usable in-house or sold back.
Who are the top competitors of ElectrIQ Power?
ElectrIQ Power's top competitors include A123 Systems, FranklinWH and Haven Energy.
How many acquisitions has ElectrIQ Power made?
ElectrIQ Power has made 1 acquisition, including Lilypad.
Who are ElectrIQ Power's investors?
ElectrIQ Power has 1 investor. Key investors include Greensoil PropTech Ventures.
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