Heila Technologies

Somerville, United States Founded: 2015 • Age: 11 yrs Acquired By Kohler
Solutions for connecting microgrids and distributed energy resources are offered.
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About Heila Technologies

Heila Technologies is a company based in Somerville (United States) founded in 2015 by Jose Dunia and Jorge Elizondo was acquired by Kohler in January 2022.. Heila Technologies has raised $2.5 million across 2 funding rounds from investors including Kohler, MassCEC and National Science Foundation. Heila Technologies offers products and services including Industrial Energy Systems, Powertrain Technologies, and Home Energy. Heila Technologies operates in a competitive market with competitors including Ferroamp, Enervalis, eleXsys, ARDA Power and Spectral Utility, among others.

  • Headquarter Somerville, United States
  • Founders Jose Dunia, Jorge Elizondo
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.5 M (USD), Seed

    Jul 06, 2020

  • Investors
    Kohler

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Kohler

    (Jan 04, 2022)

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Products & Services of Heila Technologies

Heila Technologies offers a comprehensive portfolio of products and services, including Industrial Energy Systems, Powertrain Technologies, and Home Energy. 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.

Primary

Provides generators and microgrids for industrial and data center applications.

Offers robust hybrid and electrification options for tough industrial jobs.

Delivers commercial-grade generators for reliable home power during outages.

People of Heila Technologies
Headcount 50-200
Employee Profiles 19
Employee Profiles
People
Priyanka Karanam
Sr. Project Engineer, Automation
People
Francisco Morocz
Co-Founder & CEO
People
Mehrdad Rezaei
Data Scientist
People
Xinyi Ge (Jacquelyn)
Data Scientist

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Funding Insights of Heila Technologies

Heila Technologies has successfully raised a total of $2.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in July 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
  • Total Rounds 2
  • Last Round Seed — $2.5M
  • First Round

    (01 Jul 2019)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2020 Amount Seed - Heila Technologies Valuation Table Rock Infrastructure Partners
Jul, 2019 Amount Grant - Heila Technologies Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Heila Technologies

Heila Technologies has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Kohler, MassCEC and National Science Foundation. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Accelerator & incubator focused on clean energy firms
Founded Year Domain Location
A government-backed foundation providing seed-stage investments to support small businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Heila Technologies

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Heila Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Heila Technologies Comparisons

Employees
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Competitors of Heila Technologies

Heila Technologies 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 Ferroamp, Enervalis, eleXsys, ARDA Power and Spectral Utility, 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
Developer of smart energy management system
domain founded_year HQ Location
SaaS platform is offered for electric vehicles, microgrids, and buildings.
domain founded_year HQ Location
Provider of AI-driven smart grid solutions
domain founded_year HQ Location
Commercial DC microgrids are enabled by controls and hardware platforms.
domain founded_year HQ Location
Energy storage systems are supplied for off-grid and micro-grid applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Heila Technologies

Frequently Asked Questions about Heila Technologies

When was Heila Technologies founded?

Heila Technologies was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is Heila Technologies located?

Heila Technologies is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.

Is Heila Technologies a funded company?

Heila Technologies is a funded company, having raised a total of $2.5M across 2 funding rounds to date. The company's 1st funding round was a Grant of $221.02K, raised on Jul 01, 2019.

What does Heila Technologies do?

Heila Technologies was founded in 2015 and is headquartered in Somerville, United States. Operations focus on the energy sector, where solutions are developed to integrate solar arrays, batteries, and other distributed energy resources into self-managing microgrids. These services enable the formation and expansion of microgrid networks, supporting decentralized power systems across various applications. Co-founders Jose Dunia and Jorge Elizondo lead the company.

Who are the top competitors of Heila Technologies?

Heila Technologies's top competitors include Enervalis, eleXsys and Ferroamp.

What products or services does Heila Technologies offer?

Heila Technologies offers Industrial Energy Systems, Powertrain Technologies, and Home Energy.

Who are Heila Technologies's investors?

Heila Technologies has 4 investors. Key investors include Kohler, MassCEC, National Science Foundation, and Table Rock Infrastructure Partners.

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