About FranklinWH
FranklinWH is a company based in San Jose (United States) founded in 2019 by Cheung Gary Lam.. FranklinWH has raised $25 million across 2 funding rounds from investors including The Mosaic Company, GoodLeap and Particle Future. FranklinWH offers products and services including aPower 2, aGate, and aPbox. FranklinWH operates in a competitive market with competitors including Landis+Gyr, Tibber, Span.IO, A123 Systems and Sense, among others.
- Headquarter San Jose, United States
- Founders Cheung Gary Lam
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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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 Franklinwh Energy Storage 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
$25 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series B
Aug 24, 2023
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Investors
The Mosaic Company
& 2 more
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Employee Count
Employee Count
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Products & Services of FranklinWH
FranklinWH offers a comprehensive portfolio of products and services, including aPower 2, aGate, and aPbox. 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.
Offers home battery for reliable energy backup and storage.
Manages power sources for uninterrupted supply and optimization.
Enables monitoring and control of energy systems via mobile app.
Funding Insights of FranklinWH
FranklinWH has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in August 2023. 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 2
- Last Round Series B — $25.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series B - FranklinWH | Valuation | Particle Future |
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| Aug, 2022 | Amount | Seed - FranklinWH | Valuation |
investors |
| 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 FranklinWH
FranklinWH has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The Mosaic Company, GoodLeap and Particle Future. 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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Concentrated phosphate and potash fertilizers are produced and marketed.
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Home improvement services are provided to residential customers nationwide.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by FranklinWH
| 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 - FranklinWH
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Franklinwh Comparisons
Competitors of FranklinWH
FranklinWH 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 Landis+Gyr, Tibber, Span.IO, A123 Systems and Sense, 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 |
End-to-end energy management solutions are provided for utilities worldwide.
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Provider of solutions for energy monitoring for residential building
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Lithium-ion batteries for automotive and industrial uses are manufactured.
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| domain | founded_year | HQ Location |
AI-driven energy monitoring via sensors and mobile apps is provided.
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| domain | founded_year | HQ Location |
AI-powered energy management and HVAC solutions for buildings are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Franklinwh
Frequently Asked Questions about FranklinWH
When was FranklinWH founded?
FranklinWH was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is FranklinWH located?
FranklinWH is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of FranklinWH?
David Wang is the current CEO of FranklinWH.
Is FranklinWH a funded company?
FranklinWH is a funded company, having raised a total of $25M across 2 funding rounds to date.
What does FranklinWH do?
FranklinWH was founded in 2019 and is headquartered in San Jose, United States. Operations focus on the energy storage sector, where AI-driven solutions for residential power backup and load control are developed. Touch-free intelligent systems are offered to manage home energy needs, with a mobile application accessible on Android and iOS platforms. Services target everyday residential users seeking reliable energy management.
Who are the top competitors of FranklinWH?
FranklinWH's top competitors include Landis+Gyr, Span.IO and Sense.
What products or services does FranklinWH offer?
FranklinWH offers aPower 2, aGate, and aPbox.
Who are FranklinWH's investors?
FranklinWH has 3 investors. Key investors include The Mosaic Company, GoodLeap, and Particle Future.