Geli

San Francisco, United States Founded: 2011 • Age: 15 yrs Acquired By Q-Cells
Develops energy storage operating software

About Geli

Geli is an Energy & Utilities company based in San Francisco (United States) founded in 2011, and was acquired by Q-Cells in August 2020. It develops energy storage operating software. Geli has raised $23.31 million across 8 funding rounds from investors including Wilson Sonsini Goodrich & Rosati, California Energy Commission and Southern Cross Venture Partners. The company has 27 employees. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Battery Design Software. Its legal entity is GROWING ENERGY LABS, INC.

Company details

Founded in 2011 in San Francisco, United States, Geli operates in the energy storage sector. Software is created to network and manage energy storage systems economically. Operational decisions are informed by power and energy prices, along with grid conditions and component activities. Local optimizations are executed on storage systems, supporting applications in microgrids, smart buildings, renewable energy setups, and electric vehicle infrastructure.

  • Headquarters San Francisco, United States
  • Employees 27
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website geli.net
  • Social LinkedIn
  • Acquired by Q-Cells (Aug 2020)
  • Legal Name Growing Energy Labs, Inc.
Key Metrics

Funding Insights of Geli

Geli has successfully raised a total of $23.31M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $300 thousand completed in June 2020. 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 $23.31M
  • Total Rounds 8
  • Last Round Series B β€” $300,000
  • First Round $605,698

    (Jul 2013)

  • Investors Count 5

All 8 funding rounds of Geli with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2020$300,000Series B––
–
Sep 2019$4MSeries B––
–
Apr 2018$6.07MSeries B––
–
Jul 2016$3MSeries A–Southern Cross Venture Partners
–
Apr 2016$8.37MSeries A–Shell Ventures
–
Jun 2015$3MGrant––
Aug 2014$959,556Seed––
–
Jul 2013$605,698Seed–Invested Development
Valuation history

6 investors in total: 6 institutional.

Investors in Geli

Geli has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Wilson Sonsini Goodrich & Rosati, California Energy Commission and Southern Cross Venture Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage technology companies are supported through venture capital funding.
sxvp.comSydney, Australia
Venture capital firm backed by Shell
shell.com/energy-and-innovation/innovating-together/shell-technology-ventures.htmlThe Hague, Netherlands
Government agency focused on clean energy investments
1974energy.ca.govUnited States
Early-stage VC firm that investing in the US and Africa
investeddevelopment.comAtlanta, United States
Provider of legal services to technology and life science companies
1961wsgr.comPalo Alto, United States
Manufactures and sells solar modules for eco-friendly power generation globally.
1999q-cells.comBitterfeld Wolfen, Germany
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Investor details for Geli

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People of Geli

11 people are tracked at Geli (2 in leadership, 9 in team); the tracked headcount is 27.

NameRoleGroup
Daniel Loflin
CEOLeadership
Mike Boyadjian
Head Of Global Human Resources ^^ Reorged INTO Qcells North America/ Qcells TechnologyLeadership
Naveen N
Technical LeadTeam
Ravi Teja Gutta
Software EngineerTeam
Christina Lozano
Talent Acquisition CoordinatorTeam
Baharak Sarang
Technical WriterTeam
Oleksii Ivanov
Senior UI EngineerTeam
Joanna Morales
HR Generalist & BenefitsTeam
Zachary Thatcher
Senior Software EngineerTeam
Antonia Brewer
Human Resources ManagerTeam
Mani Farr
Talent Acquisition ManagerTeam
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Timeline of Geli

4 dated milestones of Geli across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Geli is founded.
  2. Funding First funding round of $606K.
  3. Funding Latest funding round, Series B, of $300K.
  4. Exit Acquired by Q-Cells.

Top companies in Energy Storage Systems

3 companies that operate in the same segment as Geli (Energy Storage Systems) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
Silicon-based solar PV modules are manufactured for diverse applications.
1985San Jose, California, United StatesUSD 171.73 MUSD 300 M600
Iron-air energy storage systems are developed for renewable energy projects.
2009Somerville, Massachusetts, United StatesUSD 2 B902
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Related news about Geli

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Frequently Asked Questions about Geli

Geli was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Geli is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Geli is a funded company, having raised a total of $23.31M across 8 funding rounds to date. The company's 1st funding round was a Seed of $605.7K, raised on Jul 2013.

Geli has 27 employees.

Founded in 2011 in San Francisco, United States, Geli operates in the energy storage sector. Software is created to network and manage energy storage systems economically. Operational decisions are informed by power and energy prices, along with grid conditions and component activities. Local optimizations are executed on storage systems, supporting applications in microgrids, smart buildings, renewable energy setups, and electric vehicle infrastructure.

Geli operates through Growing Energy Labs, Inc..

Yes. Geli was acquired by Q-Cells in August 2020.

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