About Exide
Exide is an Energy & Utilities company based in Milton (United States) founded in 1888 by W W Gibbs, and was acquired by Midtronics in May 2000. Automotive power storage systems are manufactured and supplied worldwide. It operates on a Direct-to-Consumer (D2C) model in Energy & Utilities and Transportation, Automotive & Logistics sectors. Exide has raised $407.5 million across 4 funding rounds from investors including Midtronics and U.S. Department of Defense. The company has 354 employees. Exide has completed 1 acquisition, including Aker Wade. Its chief executive, as recorded, is Tim Vargo. Exide offers products and services including Transportation Batteries and Stored Energy Solutions. Its focus areas include Energy, Energy Storage and Battery Manufacturing. Its legal entity is EXIDE TECHNOLOGIES. Its competitors include East Penn Manufacturing Co and Trojan Battery.
Company details
Battery energy storage solutions are offered by Exide across various regions. Transportation batteries are supplied in North America, including the United States and Canada. Stored energy solutions are provided in Europe, Middle East, Africa, and Asia-Pacific regions. The company focuses on energy storage sectors with a range of battery products for diverse applications.
- Headquarters Milton, United States
- Employees 354
- Founders W W Gibbs
- Stage Acquired
- SectorsEnergy & UtilitiesTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website exide.com
- Social LinkedIn X Facebook
- Acquired by Midtronics (May 2000)
- Legal Name Exide Technologies
- Total Equity Funding$407.5M (USD)
in 4 rounds
- Latest Funding Round$150M (USD), Debt – Conventional
Jul 2019
- InvestorsMidtronics
& 1 more
- Employee Count354
- Investments & Acquisitions
- Acquired byMidtronics
(May 2000)
Products & Services of Exide
Exide offers a comprehensive portfolio of products and services, including Transportation Batteries and Stored Energy Solutions.
Batteries for vehicles are provided in North America.
Energy storage solutions are offered in multiple regions.
Funding Insights of Exide
Exide has successfully raised a total of $407.5M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in July 2019. 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 $407.5M
- Total Rounds 4
- Last Round Debt – Conventional — $150M
- First Round $30.7M
(Jun 2016)
- Investors Count 1
All 4 funding rounds of Exide with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $150M | Debt – Conventional | – | – | – |
| Jun 2019 | $175M | Series C | – | – | – |
| Jun 2019 | $232.5M | Series C | – | – | – |
| Jun 2016 | $30.7M | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Exide
Exide has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Midtronics and U.S. Department of Defense.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Military forces are provided by the U.S. Department of Defense for national security. | defense.gov | Washington, D.C., United States | ||
Battery management solutions are developed for automotive efficiency enhancement. | 1984 | midtronics.com | Willowbrook, United States |
Investor details for Exide
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People of Exide
49 people are tracked at Exide (9 in leadership, 4 in board & advisors, 36 in team); the tracked headcount is 354.
| Name | Role | Group |
|---|---|---|
W W Gibbs | Founder | Leadership |
Tim Vargo | CEO & President | Leadership |
Stefan Stübing | President & CEO | Leadership |
Pierre Guibert | SVP, Finance & CFO | Leadership |
Martin Gaessl | VP, IT | Leadership |
Sharon Cottam | VP, Human Resources | Leadership |
Jack Slovic | Vice President Of Sales, Canada | Leadership |
Rick Maziarz | Sr. Director Of Aftermarket Sales | Leadership |
Joey Ford | Director Of Finance, Fp&a | Leadership |
Joseph Hinrichs | Chairman | Board & advisors |
Andrea Abt | Non-Executive Board Member | Board & advisors |
Andrew Axelrod | Non-Executive Board Member | Board & advisors |
Patrick J. Bartels Jr. | Non-Executive Board Member | Board & advisors |
Tony Buchanan | Warehouse | Team |
Stefania Visca | Customer Service Specialist | Team |
Adrian Cox | Group General Counsel & Board Security | Team |
Keith Moore | Environmental Health And Safety Technician | Team |
Raquel Compte | Customer Service & Credit Collection Manager | Team |
Victor Morales | Logistics Manager | Team |
Maja Paszke | Junior Accountant | Team |
29 more people are available in the full profile.
Complete people profiles for Exide
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Exide
Exide has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aker Wade.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Fast charging points for electric vehicles are developed and provided. | akerwade.com | Charlottesville, United States | 2000 | May 2018 | •••• |
Complete acquisition details for Exide
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Timeline of Exide
5 dated milestones of Exide across 131 years, from founding to its latest funding, stage changes and deals.
- Founded Exide is founded.
- Exit Acquired by Midtronics.
- Funding First funding round of $30.7M.
- Acquisition Acquires Aker Wade.
- Funding Latest funding round, Debt – Conventional, of $150.0M.
Competitors of Exide
Exide has 2 listed competitors in our database. They include East Penn Manufacturing Co. and Trojan Battery.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eastpennmanufacturing.com | 1946 | Lyons, United States | 10,812 | Batteries and wiring products are manufactured for vehicles and industries. | ||
| trojanbattery.com | 1925 | Santa Fe Springs, United States | Deep-cycle lead-acid batteries are manufactured for diverse applications. |
Detailed competitors of Exide
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Web traffic of Exide
The website of Exide (exide.com) receives about 8.7K visits a month.
- Monthly visits8.7K
▼ 14% vs previous month
Websites whose visitors overlap most with Exide. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| crownbattery.com | 100% | 21.4K | #1,227,620 | View details | |
gnb.com | gnb.com | 99% | #2,515,815 | – | |
enersysinc.com | enersysinc.com | 98% | – | ||
douglasbattery.com | douglasbattery.com | 96% | – | ||
| cdtechno.com | 94% | 8.9K | #2,507,914 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Exide
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- 16 similar websites
- Audience overlap
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Top companies in Energy Storage
3 companies that operate in the same segment as Exide (Energy Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of bespoke power storage systems for industrial and grid applications | 2009 | Durham, North Carolina, United States | USD 276.49 M | |||
Batteries and energy storage systems are manufactured in various chemistries. | 1924 | New York, New York, United States | 32 | |||
Free mobile charging kiosks are installed in retail stores. | 2012 | Philadelphia, Pennsylvania, United States | USD 35.85 M | 41 |
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Related news about Exide
Complete news archive for Exide
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Frequently Asked Questions about Exide
Exide was founded in 1888 and raised its 1st funding round 128 years after it was founded.
Exide is headquartered in Milton, United States. It is registered at Milton, Florida, United States.
Tim Vargo is the CEO of Exide, as recorded in our data.
Exide is a funded company, having raised a total of $407.5M across 4 funding rounds to date. The company's 1st funding round was a Grant of $30.7M, raised on Jun 2016.
Exide has 354 employees.
Battery energy storage solutions are offered by Exide across various regions. Transportation batteries are supplied in North America, including the United States and Canada. Stored energy solutions are provided in Europe, Middle East, Africa, and Asia-Pacific regions. The company focuses on energy storage sectors with a range of battery products for diverse applications.
Exide's top competitors include East Penn Manufacturing Co. and Trojan Battery.
Exide offers Transportation Batteries and Stored Energy Solutions.
Exide has made 1 acquisition, including Aker Wade.
Exide has 2 investors. Key investors include Midtronics, and U.S. Department of Defense.
Exide operates through Exide Technologies.
Yes. Exide was acquired by Midtronics in May 2000.