FlexGen

Durham, United States Founded: 2009 • Age: 17 yrs
Developer of bespoke power storage systems for industrial and grid applications

About FlexGen

FlexGen is a company based in Durham (United States) founded in 2009. FlexGen has raised $276.49 million across 7 funding rounds from investors including First National Bank, BNP Paribas and J P Morgan. FlexGen offers products and services including HybridOS EMS, HybridOS Analyze, and HybridOS Control BMS.

  • Headquarter Durham, United States
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website flexgen.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Flexgen Power Systems, Inc.
Operational Areas
Key Metrics
  • Total Equity Funding
    $276.49M (USD)

    in 7 rounds

  • Latest Funding Round
    $75M (USD), Debt – Conventional

    Jan 2025

  • Investors

Products & Services of FlexGen

FlexGen offers a comprehensive portfolio of products and services, including HybridOS EMS, HybridOS Analyze, and HybridOS Control BMS.

HybridOS EMS
Energy Management Software

Software for controlling and optimizing battery energy storage systems.

HybridOS Analyze
Analytics Platform

Remote monitoring tool for evaluating battery health and performance.

HybridOS Control BMS
Battery Management System

System enhancing security and performance for energy storage assets.

Apps and channels of FlexGen

its YouTube channel FlexGen has 75 subscribers and 7 videos.

FlexGen
YouTube 75 subscribers 7 videos Science & Technology
Open channel

Videos from FlexGen

The most watched videos on FlexGen's YouTube channel, FlexGen (75 subscribers). Click a video to play it here.

FlexGen We Power On
1.7K views
Unlocking More Revenue for Battery Energy Storage Systems (BESS) Worldwide
1.3K views
FlexGen HybridOS Energy Management System Platform
550 views
FlexGen Solutions Overview
178 views

More on FlexGen.

Funding Insights of FlexGen

FlexGen has successfully raised a total of $276.49M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $75 million completed in January 2025. 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 $276.49M
  • Total Rounds 7
  • Last Round Debt – Conventional β€” $75M
  • First Round $25.5M

    (Jul 2015)

  • Investors Count 9

All 7 funding rounds of FlexGen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2025$75MDebt – Conventional––
Jul 2022$100MSeries C–Vitol
Aug 2021$150MSeries B–Apollo Global Management
Sep 2018$7MDebt – Conventional––
–
May 2018$992,851Series A––
–
May 2017$2.7MDebt – Conventional––
–
Jul 2015$25.5MSeries A–Altira Group, Caterpillar
–
Valuation history

9 investors in total: 9 institutional.

Investors in FlexGen

FlexGen has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include First National Bank, BNP Paribas and J P Morgan.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Growth stage energy sector focused VC firm investing primarily in the US and Canada
–altiragroup.comDenver, United States
Buyouts are targeted through private equity investments by the firm.
1990apollo.comNew York, United States
Commercial banking services are provided to individuals and institutions globally.
1857santander.comMadrid, Spain
Banking & financial service provider
1848group.bnpparibasParis, France
Commercial banking services are provided across the United States.
1864fnb-online.comPittsburgh, United States
Comprehensive financial services are provided to corporations and individuals.
1799jpmorgan.comNew York, United States
Oil processing, storage, and shipping services are provided globally.
1966vitol.comLondon, United Kingdom
Construction and mining equipment, engines, and locomotives are manufactured.
1925caterpillar.comUnited States
Diversified operations are conducted across multiple industries worldwide.
1892ge.comUnited States
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Investor details for FlexGen

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of FlexGen

71 people are tracked at FlexGen (18 in leadership, 53 in team).

NameRoleGroup
Bradley Beck, CPA
Vice President, Accounting & ControllerLeadership
Jamie Schwint, CPA
Director Of Financial Reporting & AccountingLeadership
Reymond Jean Christophe
Vice President, Lifecycle SolutionsLeadership
Zhuoning Liu
Vice President Of Application Engineering And Grid SolutionsLeadership
Adam Nygaard
Vice President Of Business DevelopmentLeadership
Katy Coyle
Director Of Business OperationsLeadership
Diane Giacomozzi
COOLeadership
Scott A.
Director Of ProjectsLeadership
Justin Hoglund
Director of Product EngineeringLeadership
Kelcy Pegler
CEOLeadership
Hugh Scott
CTOLeadership
Gary Cristini
CFOLeadership
Tara Jo Sealander
VP of Business OperationsLeadership
Heather T.
Director Of Operational SystemsLeadership
Kagen Del Rio, PE, PMP
Director, Projects And Project ControlsLeadership
Joe Kallal
Director Of Business DevelopmentLeadership
Zach Vosburg
Vice President Of Corporate StrategyLeadership
Nate Williams
VP Of Project ServicesLeadership
Laura Adams
Project Manager LeaderTeam
Preston Miller
Senior Software EngineerTeam

51 more people are available in the full profile.

Premium access

Complete people profiles for FlexGen

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of FlexGen

3 dated milestones of FlexGen across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded FlexGen is founded.
  2. Funding First funding round of $25.5M.
  3. Funding Latest funding round, Debt – Conventional, of $75.0M.

Web traffic of FlexGen

The website of FlexGen (flexgen.com) receives about 10.9K visits a month.

  • Monthly visits
    10.9K

    ▼ 6.3% vs previous month

Similar websites

Websites whose visitors overlap most with FlexGen. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
energycap.com
100%
42.1K#659,017View details
energydigital.com
energydigital.com
80%
–#454,654–
energy-storage.news
energy-storage.news
80%
–#281,269–
sanalifewellness.com
sanalifewellness.com
67%
–––
dynapower.com
29%
14K#1,791,513View details

Latest news on Flexgen

Premium access

Complete news archive for FlexGen

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to FlexGen

10 companies that operate in the same segment as FlexGen (Energy Storage), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manufacturer of lithium battery modules
1997Shenzhen, Guangdong, China–USD 9.01 B54,290
Batteries and automotive components are manufactured by Amara Raja Group.
1985Hyderabad, Telangana, India–––
Composite pressure cylinders are supplied for mobility and storage uses.
2008Alesund, Møre And Romsdal, Norway–USD 292.68 M1,020
Platinum, rhodium, and palladium-based materials are manufactured by Umicore.
1805Brussels, Brussels-capital Region, Belgium–USD 292.16 K1
Lithium-ion battery packs for EVs and energy storage are manufactured.
2018Noida, Uttar Pradesh, IndiaUSD 1.5 MUSD 31.66 M8
Automotive batteries and solar products are manufactured by Livguard.
2014Gurugram, Haryana, IndiaUSD 65.14 MUSD 411.14 M1,737
Batteries and energy storage systems are manufactured in various chemistries.
1924New York, New York, United States––32
Exide is recognized as India's largest battery manufacturer.
1947Kolkata, West Bengal, IndiaUSD 220 MUSD 1.91 B20,690
Free mobile charging kiosks are installed in retail stores.
2012Philadelphia, Pennsylvania, United StatesUSD 35.85 M–41
Stored energy solutions are provided by EnerSys globally.
1999Reading, Pennsylvania, United States–USD 3.75 B10,860
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Frequently Asked Questions about FlexGen

FlexGen was founded in 2009 and raised its 1st funding round 6 years after it was founded.

FlexGen is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.

FlexGen is a funded company, having raised a total of $276.49M across 7 funding rounds to date. The company's 1st funding round was a Series A of $25.5M, raised on Jul 2015.

FlexGen was founded in 2009 in Durham, United States, and operates in the energy storage sector. Hybrid-power storage solutions are provided for oil and gas industries as well as grid applications. Systems feature 480-600V potential, 200-900kW output, and 250-1100kVA capacity. Integration with power generators is included, allowing energy storage to support loads. Proprietary algorithms are utilized for optimization of storage and supply.

FlexGen offers HybridOS EMS, HybridOS Analyze, and HybridOS Control BMS.

FlexGen has 9 investors. Key investors include First National Bank, BNP Paribas, J P Morgan, Santander, and Apollo Global Management.

FlexGen operates through Flexgen Power Systems, Inc..

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