About Intersect Power
Intersect Power is a company based in Beaverton (United States) founded in 2016 was acquired by Alphabet in December 2025.. Intersect Power has raised $1.68 billion across 5 funding rounds from investors including Google, HSBC and Deutsche Bank. The company has 108 employees as of December 31, 2022.
- Headquarter Beaverton, United States
- Employees 108 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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Software Development Team
42 people
Product Management Team
23 people
Finance and Accounting
21 people
Leadership Team
19 people
Legal and Compliance
12 people
Sales and Marketing
11 people
Board Team
6 people
Manager Team
5 people
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Funding Insights of Intersect Power
Intersect Power has successfully raised a total of $1.68B across 5 strategic funding rounds. The most recent funding activity was a Series F round of $800 million completed in December 2024. 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 Funding
- Total Rounds 5
- Last Round Series F — $800.0M
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First Round
First Round
(06 Feb 2021)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series F - Intersect Power | Valuation | The Rise Fund , Google | |
| Jun, 2023 | Amount | Debt – Conventional - Intersect Power | Valuation |
investors |
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| Jun, 2022 | Amount | Series E - Intersect Power | Valuation | The Rise Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Intersect Power
Intersect Power has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, HSBC and Deutsche Bank. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sector-agnostic VC investment company investing globally
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Founded Year | Domain | Location | |
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Greenbelt Capital Partners is engaged in investment for energy-focused companies.
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Founded Year | Domain | Location | |
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Private equity investments are targeted at North American companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Intersect Power
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Intersect Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Intersect Power Comparisons
Competitors of Intersect Power
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Intersect Power
When was Intersect Power founded?
Intersect Power was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Intersect Power located?
Intersect Power is headquartered in Beaverton, United States. It is registered at Beaverton, Oregon, United States.
Is Intersect Power a funded company?
Intersect Power is a funded company, having raised a total of $1.68B across 5 funding rounds to date. The company's 1st funding round was a Series E of $750M, raised on Feb 06, 2021.
How many employees does Intersect Power have?
As of Dec 31, 2022, the latest employee count at Intersect Power is 108.
What does Intersect Power do?
Intersect Power was established in 2016 in Beaverton, United States. Operations and maintenance services are delivered by the company to support projects in the renewable energy sector. Focus is placed on ensuring reliable performance and upkeep for solar, wind, and other sustainable energy installations. Services encompass routine monitoring, repairs, and compliance management. Operations are centered in the United States, with an emphasis on the domestic renewable market.
Who are Intersect Power's investors?
Intersect Power has 14 investors. Key investors include Google, HSBC, Deutsche Bank, First Citizens Bank, and Generate Capital.
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