About Ferric
Ferric is a company based in New York (United States) founded in 2008.. Ferric has raised $41.61 million across 10 funding rounds from investors including OSTI.GOV and National Science Foundation. The company has 28 employees as of December 31, 2021. Ferric offers products and services including Fe17XX IVR Series and Fe1736. Ferric operates in a competitive market with competitors including Transphorm, Allegro MicroSystems, Power Integrations, Micrel and Wise-integration, among others.
- Headquarter New York, United States
- Employees 28 as on 31 Dec, 2021
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ferric Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.61 M (USD)
in 10 rounds
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Latest Funding Round
$32.11 M (USD), Series B
Nov 20, 2024
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Investors
OSTI.GOV
& 1 more
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Employee Count
28
as on Dec 31, 2021
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Products & Services of Ferric
Ferric offers a comprehensive portfolio of products and services, including Fe17XX IVR Series and Fe1736. 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.
Provides high-density DC-DC conversion for digital electronics applications.
Delivers up to 56A at adjustable output voltages for system efficiency.
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Funding Insights of Ferric
Ferric has successfully raised a total of $41.61M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $32.11 million completed in November 2024. 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 10
- Last Round Series B — $32.1M
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First Round
First Round
(09 May 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - Ferric | Valuation |
investors |
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| Jul, 2017 | Amount | Series A - Ferric | Valuation |
investors |
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| Jan, 2016 | Amount | Series A - Ferric | Valuation |
investors |
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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 Ferric
Ferric has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include OSTI.GOV and National Science Foundation. 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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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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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 Ferric
| 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 |
Financial Statements - Ferric
| 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 |
Ferric Comparisons
Competitors of Ferric
Ferric 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 Transphorm, Allegro MicroSystems, Power Integrations, Micrel and Wise-integration, 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 |
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| domain | founded_year | HQ Location |
Power conversion ICs are developed using Gallium Nitride semiconductors.
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| domain | founded_year | HQ Location |
Magnetic sensors and related ICs are manufactured for diverse sectors.
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| domain | founded_year | HQ Location |
Developer of integrated power conversion solutions. It designs and manufactures a range of power ICs and related components for various applications, including AC-DC conversion, LED drivers, gate drivers, and motor drivers. These solutions are used across diverse sectors such as consumer electronics, industrial equipment, and automotive systems. The company provides comprehensive design support and resources to assist customers in integrating its products into their designs. It also offers a robust online support system for troubleshooting and technical assistance.
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Analog and power IC solutions are developed for various applications.
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Provider of GaN integrated circuits
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| domain | founded_year | HQ Location |
Power supply technologies are developed for mobile broadband devices.
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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 Ferric
Frequently Asked Questions about Ferric
When was Ferric founded?
Ferric was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Where is Ferric located?
Ferric is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Ferric?
Noah Sturcken is the current CEO of Ferric.
Is Ferric a funded company?
Ferric is a funded company, having raised a total of $41.61M across 10 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on May 09, 2012.
How many employees does Ferric have?
As of Dec 31, 2021, the latest employee count at Ferric is 28.
What does Ferric do?
Ferric Corporation is a provider of power converter chips and circuit IP based on patented thin-film power inductors for customers in both mobile and cloud computing spaces. The companys patented thin-film magnetic core inductors are integrated on the chip or interposer that enables on-chipon-package power conversion. The offering of the company includes a single-chip power converter and Integrated voltage regulator system. The products of the company cater to multiple applications including point of load regulation for processors, DSPs, FPGAs, ASICs, embedded computing, blade servers, RAID storage systems, LANSAN Adapter cards, wireless base stations, industrial automation, and many others.
Who are the top competitors of Ferric?
Ferric's top competitors include Transphorm, Power Integrations and Allegro MicroSystems.
What products or services does Ferric offer?
Ferric offers Fe17XX IVR Series and Fe1736.
Who are Ferric's investors?
Ferric has 2 investors. Key investors include OSTI.GOV, and National Science Foundation.
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