Ideal Power

Spicewood, United States Founded: 2007 • Age: 19 yrs
Universal Power Converters

About Ideal Power

Ideal Power is a company based in Spicewood (United States) founded in 2007.. Ideal Power has raised $990 thousand across 9 funding rounds from investors including MDB Capital Holdings, OSTI.GOV and Austin Technology Incubator. The company has 16 employees as of December 31, 2024. Ideal Power offers products and services including B-TRAN and EV Charging Solutions.

  • Headquarter Spicewood, United States
  • Employees 16 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ideal Power Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
    $86.03 K
    -56.74
    as on Dec 31, 2024
  • Net Profit
    $-10.42 M
    -4.66
    as on Dec 31, 2024
  • EBITDA
    $-10.59 M
    -5.73
    as on Dec 31, 2024
  • Total Equity Funding
    $990 K (USD)

    in 9 rounds

  • Latest Funding Round
    $2.7 M (USD), Post-IPO

    Jul 31, 2020

  • Investors
  • Employee Count
    16

    as on Dec 31, 2024

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IPO & Listings of Ideal Power

Ideal Power is a publicly listed company on the NASDAQ with ticker symbol IPWR in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: IPWR . Sector: Electronic technology · USA

Products & Services of Ideal Power

Ideal Power offers a comprehensive portfolio of products and services, including B-TRAN and EV Charging Solutions. 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

Bidirectional switch reducing energy losses in EVs and renewables.

Efficient AC-DC converters for faster electric vehicle charging.

People of Ideal Power
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Joseph Templeton
Lab Manager
People
Daniel Brdar
President, CEO & Director
People
Tim Burns
Chief Financial Officer

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Funding Insights of Ideal Power

Ideal Power has successfully raised a total of $990K across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $2.7 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 9
  • Last Round Post-IPO — $2.7M
  • First Round

    (01 Dec 2010)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2020 Amount Post-IPO - Ideal Power Valuation

investors

Mar, 2017 Amount Post-IPO - Ideal Power Valuation

investors

Sep, 2013 Amount Seed - Ideal Power 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 Ideal Power

Ideal Power has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include MDB Capital Holdings, OSTI.GOV and Austin Technology Incubator. 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
Early-stage tech startups are funded by MDB Capital Holdings.
Founded Year Domain Location
Deep tech commercialization is facilitated by Austin Technology Incubator.
Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
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 Ideal Power

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 - Ideal Power

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

Ideal Power Comparisons

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Competitors of Ideal Power

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.

Frequently Asked Questions about Ideal Power

When was Ideal Power founded?

Ideal Power was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Ideal Power located?

Ideal Power is headquartered in Spicewood, United States. It is registered at Spicewood, Texas, United States.

Is Ideal Power a funded company?

Ideal Power is a funded company, having raised a total of $990K across 9 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Dec 01, 2010.

How many employees does Ideal Power have?

As of Dec 31, 2024, the latest employee count at Ideal Power is 16.

What is the annual revenue of Ideal Power?

Annual revenue of Ideal Power is $86.03K as on Dec 31, 2024.

What does Ideal Power do?

Revolutionary Power Conversion Systems Ideal Power is transforming the new energy economy with a completely new approach to power conversion, enabling energy storage, renewable integration and microgrids.

What products or services does Ideal Power offer?

Ideal Power offers B-TRAN and EV Charging Solutions.

Is Ideal Power publicly traded?

Yes, Ideal Power is publicly traded on NASDAQ under the ticker symbol IPWR.

Who are Ideal Power's investors?

Ideal Power has 3 investors. Key investors include MDB Capital Holdings, OSTI.GOV, and Austin Technology Incubator.

What is Ideal Power's ticker symbol?

The ticker symbol of Ideal Power is IPWR on NASDAQ.

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