About IRP Systems
IRP Systems is a company based in Ness Ziona (Israel) founded in 2015. It operates as a AI-as-a-Service and B2B2C. IRP Systems has raised $48 million across 2 funding rounds from investors including Entrust, Clal Insurance and Shlomo. The company has 1 employees as of April 06, 2024. IRP Systems offers products and services including EVVER Hi-Dynamic Controller and TrueDRIVE AI-Suite. IRP Systems operates in a competitive market with competitors including Vitesco Technologies, Hexagon Purus, Equipmake, eLeapPower and Saietta Electric Drive, among others.
- Headquarter Ness Ziona, Israel
- Employees 1 as on 06 Apr, 2024
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Irp Systems
- Date of Incorporation 24 Aug, 2022
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$9.41 K (USD)0as on Mar 31, 2023
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Net Profit
-$47.37 K (USD)0as on Mar 31, 2023
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EBITDA
-$40.75 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$48 M (USD)
in 2 rounds
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Latest Funding Round
$31 M (USD), Series C
Apr 28, 2021
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Investors
Entrust
& 12 more
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Employee Count
1
as on Apr 06, 2024
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Products & Services of IRP Systems
IRP Systems offers a comprehensive portfolio of products and services, including EVVER Hi-Dynamic Controller and TrueDRIVE AI-Suite.
Advanced controller for electric vehicle powertrain efficiency.
AI-driven software for powertrain integration and optimization.
Funding Insights of IRP Systems
IRP Systems has successfully raised a total of $48M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $31 million completed in April 2021. 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.
Investors in IRP Systems
IRP Systems has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Entrust, Clal Insurance and Shlomo.
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Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
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Investor details for IRP Systems
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Investments & Acquisitions by IRP Systems
Investment portfolio details for IRP Systems
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Financial Statements - IRP Systems
Detailed financials for IRP Systems
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Irp Systems Comparisons
Peer comparison for IRP Systems
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Competitors of IRP Systems
IRP Systems 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 Vitesco Technologies, Hexagon Purus, Equipmake, eLeapPower and Saietta Electric Drive, among others.
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Developer of powertrain system for multi-category vehicles
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Hydrogen-based batteries and systems for electric vehicles are manufactured.
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Electronic equipment is designed and developed for powertrain components.
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Powertrain systems for multi-category electric vehicles are developed.
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Electric powertrain systems with motor technology are developed and manufactured.
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Detailed competitors of IRP Systems
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Latest news on Irp Systems
Complete news archive for IRP Systems
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Frequently Asked Questions about IRP Systems
IRP Systems was founded in 2015 and raised its 1st funding round 5 years after it was founded.
IRP Systems is headquartered in Ness Ziona, Israel. It is registered at Ness Ziona, Central District, Israel.
IRP Systems is a funded company, having raised a total of $48M across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at IRP Systems is 1.
Annual revenue of IRP Systems is $9.41K as on Mar 31, 2023.
IRP Systems is engaged in developing software-defined electric powertrain solutions for electric vehicles. The company operates within the automotive sector, specializing in e-mobility technologies. Innovative products like EVVER Hi-Dynamic Controller and TrueDRIVE AI-Suite are offered, aimed at enhancing efficiency, performance, and integration for OEMs. Efforts are directed towards making electric mobility accessible and affordable globally, with a commitment to safety and durability through compliance with industry standards like ISO26262.
IRP Systems's top competitors include Hexagon Purus, Equipmake and Vitesco Technologies.
IRP Systems offers EVVER Hi-Dynamic Controller and TrueDRIVE AI-Suite.
IRP Systems has 13 investors. Key investors include Entrust, Clal Insurance, Shlomo, Altshuler Shaham, and FRZ Capital.