Ferric

New York, United States Founded: 2008 • Age: 18 yrs
Provides power converter chips and circuit IP based on patented thin-film power inductors
Annual revenue - Latest available
Total funding $41.6M 10 rounds
Employees 28 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Ferric Inc
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $41.61 M (USD)

    in 10 rounds

  • Latest Funding Round
    $32.11 M (USD), Series B

    Nov 20, 2024

  • Investors
    OSTI.GOV

    & 1 more

  • 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.

Product name locked
Category locked
Primary

Provides high-density DC-DC conversion for digital electronics applications.

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Delivers up to 56A at adjustable output voltages for system efficiency.

People of Ferric

Headcount 50-200
Employee Profiles 18
Employee Profiles
People
William Lee
Senior IC Design Engineer
People
Daniel Zuerbig
Component Engineer
People
Noah Sturcken
President & Chief Executive Officer
People
Shawn Kalami
Vice President Of Operations

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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.

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.

All
Institutional
Investor Description Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
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Investor details for Ferric

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Investments & Acquisitions by Ferric

Investments
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Investment portfolio details for Ferric

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Financial Statements - Ferric

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Detailed financials for Ferric

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Ferric Comparisons

Ferric Primary company
Description
Provides power converter chips and circuit IP based on paten...
Location
New York, United States
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
28
As of 2021
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Peer comparison for Ferric

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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.

Company Name Domain Founded year HQ Location Description
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Power conversion ICs are developed using Gallium Nitride semiconductors.
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Magnetic sensors and related ICs are manufactured for diverse sectors.
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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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Power supply technologies are developed for mobile broadband devices.
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Detailed competitors of Ferric

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Latest news on Ferric

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Complete news archive for Ferric

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Frequently Asked Questions about Ferric

Ferric was founded in 2008 and raised its 1st funding round 4 years after it was founded.

Ferric is headquartered in New York, United States. It is registered at New York, New York, United States.

Noah Sturcken is the current CEO of Ferric.

Ferric is a funded company, having raised a total of $41.61M across 10 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Ferric is 28.

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.

Ferric's top competitors include Transphorm, Power Integrations and Allegro MicroSystems.

Ferric offers Fe17XX IVR Series and Fe1736.

Ferric has 2 investors. Key investors include OSTI.GOV, and National Science Foundation.

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