About Exide
Exide is a company based in Milton (United States) founded in 1888 by W W Gibbs was acquired by Midtronics in May 2000. It operates as a Direct-to-Consumer (D2C). 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 as of December 31, 2022. Exide has completed 1 acquisition, including Aker Wade. Exide offers products and services including Transportation Batteries and Stored Energy Solutions. Exide operates in a competitive market with competitors including Livguard, LG Chem, East Penn Manufacturing Co, Amara Raja Group and UGOWORK, among others.
- Headquarter Milton, United States
- Employees 354 as on 31 Dec, 2022
- Founders W W Gibbs
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Sectors
Energy & UtilitiesTransportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Exide Technologies
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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
$407.5 M (USD)
in 4 rounds
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Latest Funding Round
$150 M (USD), Debt – Conventional
Jul 05, 2019
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Investors
Midtronics
& 1 more
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Employee Count
354
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Midtronics
(May 09, 2000)
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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.
People of Exide
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Sales and Marketing
13 people
Leadership Team
5 people
Software Development Team
5 people
Finance and Accounting
3 people
Human Resources and Administration
3 people
Sr Team
2 people
Creative and Marketing Team
2 people
Senior Team
2 people
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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.
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 |
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Military forces are provided by the U.S. Department of Defense for national security.
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Battery management solutions are developed for automotive efficiency enhancement.
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Investor details for Exide
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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.
Investment portfolio details for Exide
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Fast charging points for electric vehicles are developed and provided.
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Locked | Locked | 2000 | Locked |
Complete acquisition details for Exide
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Financial Statements - Exide
Detailed financials for Exide
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- Profit trends
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Exide Comparisons
Peer comparison for Exide
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Competitors of Exide
Exide 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 Livguard, LG Chem, East Penn Manufacturing Co., Amara Raja Group and UGOWORK, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Automotive batteries and solar products are manufactured by Livguard.
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Manufacturer and supplier of automotive battery to OEMs
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Batteries and wiring products are manufactured for vehicles and industries.
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Batteries and automotive components are manufactured by Amara Raja Group.
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Forklift batteries are manufactured by UGOWORK for industrial applications.
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Detailed competitors of Exide
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Latest news on 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 current CEO of Exide.
Exide is a funded company, having raised a total of $407.5M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Exide is 354.
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 Amara Raja Group, LG Chem and Livguard.
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.