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.
- Total Equity Funding$23.31M (USD)
in 8 rounds
- Latest Funding Round$300K (USD), Series B
Jun 2020
- InvestorsWilson Sonsini Goodrich & Rosati
& 5 more
- Employee Count27
- Acquired byQ-Cells
(Aug 2020)
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | $300,000 | Series B | β | β | β |
| Sep 2019 | $4M | Series B | β | β | β |
| Apr 2018 | $6.07M | Series B | β | β | β |
| Jul 2016 | $3M | Series A | β | Southern Cross Venture Partners | β |
| Apr 2016 | $8.37M | Series A | β | Shell Ventures | β |
| Jun 2015 | $3M | Grant | β | β | |
| Aug 2014 | $959,556 | Seed | β | β | β |
| Jul 2013 | $605,698 | Seed | β | Invested Development |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage technology companies are supported through venture capital funding. | sxvp.com | Sydney, Australia | ||
Venture capital firm backed by Shell | shell.com/energy-and-innovation/innovating-together/shell-technology-ventures.html | The Hague, Netherlands | ||
Government agency focused on clean energy investments | 1974 | energy.ca.gov | United States | |
Early-stage VC firm that investing in the US and Africa | investeddevelopment.com | Atlanta, United States | ||
Provider of legal services to technology and life science companies | 1961 | wsgr.com | Palo Alto, United States | |
Manufactures and sells solar modules for eco-friendly power generation globally. | 1999 | q-cells.com | Bitterfeld Wolfen, Germany |
Investor details for Geli
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Geli
11 people are tracked at Geli (2 in leadership, 9 in team); the tracked headcount is 27.
| Name | Role | Group |
|---|---|---|
Daniel Loflin | CEO | Leadership |
Mike Boyadjian | Head Of Global Human Resources ^^ Reorged INTO Qcells North America/ Qcells Technology | Leadership |
Naveen N | Technical Lead | Team |
Ravi Teja Gutta | Software Engineer | Team |
Christina Lozano | Talent Acquisition Coordinator | Team |
Baharak Sarang | Technical Writer | Team |
Oleksii Ivanov | Senior UI Engineer | Team |
Joanna Morales | HR Generalist & Benefits | Team |
Zachary Thatcher | Senior Software Engineer | Team |
Antonia Brewer | Human Resources Manager | Team |
Mani Farr | Talent Acquisition Manager | Team |
Complete people profiles for Geli
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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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.
- Founded Geli is founded.
- Funding First funding round of $606K.
- Funding Latest funding round, Series B, of $300K.
- 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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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 has 6 investors. Key investors include Wilson Sonsini Goodrich & Rosati, California Energy Commission, Southern Cross Venture Partners, Shell Ventures, and Invested Development.
Geli operates through Growing Energy Labs, Inc..
Yes. Geli was acquired by Q-Cells in August 2020.

