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
-
Sectors
Energy & UtilitiesTransportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Exide Technologies
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$407.5 M (USD)
in 4 rounds
-
Latest Funding Round
$150 M (USD), Debt – Conventional
Jul 05, 2019
-
Investors
Midtronics
& 1 more
-
Employee Count
354
as on Dec 31, 2022
- Investments & Acquisitions
-
Acquired by
Midtronics
(May 09, 2000)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Exide
Exide offers a comprehensive portfolio of products and services, including Transportation Batteries and Stored Energy Solutions. 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.
Batteries for vehicles are provided in North America.
Energy storage solutions are offered in multiple regions.
Unlock access to complete
Unlock access to complete
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
Unlock access to complete
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 Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $150.0M
-
First Round
First Round
(28 Jun 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Debt – Conventional - Exide | Valuation |
investors |
|
| Jun, 2019 | Amount | Series C - Exide | Valuation |
investors |
|
| Jun, 2019 | Amount | Series C - Exide | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Military forces are provided by the U.S. Department of Defense for national security.
|
Founded Year | Domain | Location | |
|
Battery management solutions are developed for automotive efficiency enhancement.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Exide
Exide has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aker Wade. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Fast charging points for electric vehicles are developed and provided.
|
2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Exide
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Exide Comparisons
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. 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 |
Automotive batteries and solar products are manufactured by Livguard.
|
|
| domain | founded_year | HQ Location |
Manufacturer and supplier of automotive battery to OEMs
|
|
| domain | founded_year | HQ Location |
Batteries and wiring products are manufactured for vehicles and industries.
|
|
| domain | founded_year | HQ Location |
Batteries and automotive components are manufactured by Amara Raja Group.
|
|
| domain | founded_year | HQ Location |
Forklift batteries are manufactured by UGOWORK for industrial applications.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Exide
Frequently Asked Questions about Exide
When was Exide founded?
Exide was founded in 1888 and raised its 1st funding round 128 years after it was founded.
Where is Exide located?
Exide is headquartered in Milton, United States. It is registered at Milton, Florida, United States.
Who is the current CEO of Exide?
Tim Vargo is the current CEO of Exide.
Is Exide a funded company?
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 Series C of $232.5M, raised on Jun 28, 2016.
How many employees does Exide have?
As of Dec 31, 2022, the latest employee count at Exide is 354.
What does Exide do?
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.
Who are the top competitors of Exide?
Exide's top competitors include Amara Raja Group, LG Chem and Livguard.
What products or services does Exide offer?
Exide offers Transportation Batteries and Stored Energy Solutions.
How many acquisitions has Exide made?
Exide has made 1 acquisition, including Aker Wade.
Who are Exide's investors?
Exide has 2 investors. Key investors include Midtronics, and U.S. Department of Defense.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.