About Fronius
Fronius is a company based in United States founded in 1945.. The company has 142 employees as of April 07, 2024. Fronius operates in a competitive market with competitors including Sungrow, SolarBridge, Hoymiles Converter Technology, MRO-TEK and Ampt, among others.
- Headquarter Indiana, United States
- Employees 142 as on 07 Apr, 2024
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fronius India Private Limited
- Date of Incorporation 18 Jan, 2013
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$18.81 M (USD)10.62as on Mar 31, 2023
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Net Profit
$1.37 M (USD)85.32as on Mar 31, 2023
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EBITDA
$2.1 M (USD)102.83as on Mar 31, 2023
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Latest Funding Round
$34.52 K (USD), Grant
Mar 13, 2023
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Investors
European Union
& 1 more
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Employee Count
142
as on Apr 07, 2024
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Funding Insights of Fronius
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $34,523
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First Round
First Round
(01 Jan 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Grant - Fronius | Valuation |
investors |
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| Jan, 2023 | Amount | Grant - Fronius | Valuation |
investors |
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| Apr, 2022 | Amount | Grant - Fronius | 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 Fronius
Fronius has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and OeHT. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Offers financing, credits, and advisory for tourism and hospitality businesses.
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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 Fronius
| 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 - Fronius
| 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 |
Fronius Comparisons
Competitors of Fronius
Fronius 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 Sungrow, SolarBridge, Hoymiles Converter Technology, MRO-TEK and Ampt, 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 |
PV Inverter and Power Storage developer
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| domain | founded_year | HQ Location |
Microinverters and monitoring solutions for solar systems are manufactured.
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| domain | founded_year | HQ Location |
Hoymiles Converter Technology produces high-quality microinverters and power electronics for the solar industry.
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| domain | founded_year | HQ Location |
Solar UPS, inverters, and charge controllers are manufactured by MRO-TEK.
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| domain | founded_year | HQ Location |
Ampt is focused on DC power management for PV systems.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Fronius
Frequently Asked Questions about Fronius
When was Fronius founded?
Fronius was founded in 1945 and raised its 1st funding round 72 years after it was founded.
Where is Fronius located?
Fronius is headquartered in United States. It is registered at Indiana, United States.
How many employees does Fronius have?
As of Apr 07, 2024, the latest employee count at Fronius is 142.
What is the annual revenue of Fronius?
Annual revenue of Fronius is $18.81M as on Mar 31, 2023.
What does Fronius do?
Fronius was established in 1945 and is based in Indiana, United States. Expertise in welding technology, photovoltaics, and battery charging solutions is maintained. Power electronics products for the solar industry are produced, including grid-integrated inverters designed for solar plants. System monitoring, data visualization, and analysis functions are also integrated into these inverters. Operations focus on supporting photovoltaic installations through reliable energy management components.
Who are the top competitors of Fronius?
Who are Fronius's investors?
Fronius has 2 investors. Key investors include European Union, and OeHT.
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