Fronius

Indiana, United States Founded: 1945 • Age: 81 yrs
BoS units and grid-integrated inverters for solar plants are developed.
Annual revenue $18.8M Latest available
Total funding - 7 rounds
Employees 142 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fronius India Private Limited
  • Date of Incorporation 18 Jan, 2013
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $18.81 M (USD)
    10.62
    as on Mar 31, 2023
  • Net Profit
    $1.37 M (USD)
    85.32
    as on Mar 31, 2023
  • EBITDA
    $2.1 M (USD)
    102.83
    as on Mar 31, 2023
  • Latest Funding Round
    $34.52 K (USD), Grant

    Mar 13, 2023

  • Investors
  • Employee Count
    142

    as on Apr 07, 2024

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People of Fronius

Headcount 1000-5000
Employee Profiles 37
Employee Profiles
People
Markus Hellein
Head Of Application Services
People
Franz Dietachmair
Manager Technical Competence Center
People
Wolfgang Scherleitner
Head Of Technical Consultants
People
Stefan Thalhuber
Innovationmanager Operations

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Funding Insights of Fronius

Investors in Fronius

Fronius has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and OeHT.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Offers financing, credits, and advisory for tourism and hospitality businesses.
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Investor details for Fronius

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Investments & Acquisitions by Fronius

Investments
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Investment portfolio details for Fronius

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Financial Statements - Fronius

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Detailed financials for Fronius

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Fronius Comparisons

Fronius Primary company
Description
BoS units and grid-integrated inverters for solar plants are...
Location
United States
Founded Year
1945
Annual Revenue
$18.81 M (USD)
Net Profit
$1.37 M (USD)
EBITDA
$2.1 M (USD)
Employees
142
As of 2024
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Peer comparison for Fronius

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
PV Inverter and Power Storage developer
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Microinverters and monitoring solutions for solar systems are manufactured.
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Hoymiles Converter Technology produces high-quality microinverters and power electronics for the solar industry.
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Solar UPS, inverters, and charge controllers are manufactured by MRO-TEK.
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Ampt is focused on DC power management for PV systems.
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Detailed competitors of Fronius

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Latest news on Fronius

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Complete news archive for Fronius

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Frequently Asked Questions about Fronius

Fronius was founded in 1945 and raised its 1st funding round 72 years after it was founded.

Fronius is headquartered in United States. It is registered at Indiana, United States.

As of Apr 07, 2024, the latest employee count at Fronius is 142.

Annual revenue of Fronius is $18.81M as on Mar 31, 2023.

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.

Fronius's top competitors include Sungrow, MRO-TEK and Ampt.

Fronius has 2 investors. Key investors include European Union, and OeHT.

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