About Mpowerd
Mpowerd is a company based in New York (United States) founded in 2012 was acquired by The Builders Fund in November 2017.. Mpowerd has raised $700 thousand across 2 funding rounds from investors including Gerber Finance and Builders Fund. Mpowerd operates in a competitive market with competitors including Sundolier, energyware, ClearWorld, We Care Solar and PureRay, among others.
- Headquarter New York, United States
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Sectors
Energy & UtilitiesConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$700 K (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Debt – Conventional
Apr 28, 2020
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Investors
Gerber Finance
& 1 more
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Employee Count
Employee Count
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Acquired by
The Builders Fund
(Nov 08, 2017)
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Funding Insights of Mpowerd
Mpowerd has successfully raised a total of $700K across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in April 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 Funding
- Total Rounds 2
- Last Round Debt – Conventional — $2.0M
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First Round
First Round
(06 Jan 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Debt – Conventional - Mpowerd | Valuation |
investors |
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| Jan, 2014 | Amount | Seed - Mpowerd | Valuation |
investors |
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| 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 Mpowerd
Mpowerd has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Gerber Finance and Builders Fund. 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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Private debt investment firm focused on asset-based loans
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Founded Year | Domain | Location | |
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Builders Fund is focused on impact-driven investments for sustainability.
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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 Mpowerd
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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.
|
2016 |
Financial Statements - Mpowerd
| 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 |
Mpowerd Comparisons
Competitors of Mpowerd
Mpowerd 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 Sundolier, energyware, ClearWorld, We Care Solar and PureRay, 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 |
Solar daylighting systems are developed for retrofitting in buildings.
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| domain | founded_year | HQ Location |
Provider of installation services for solar lighting systems
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| domain | founded_year | HQ Location |
Provides solar LED street lights and patented technology for outdoor smart city infrastructure.
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| domain | founded_year | HQ Location |
Designs and distributes solar suitcases for reliable power in rural health centers globally.
|
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| domain | founded_year | HQ Location |
Solar based LED lighting system
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| 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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Latest news on Mpowerd
Frequently Asked Questions about Mpowerd
When was Mpowerd founded?
Mpowerd was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Mpowerd located?
Mpowerd is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Mpowerd?
Seungah Jeong is the current CEO of Mpowerd.
Is Mpowerd a funded company?
Mpowerd is a funded company, having raised a total of $700K across 2 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Jan 06, 2014.
What does Mpowerd do?
Mpowerd was founded in 2012 and is headquartered in New York, United States. Operations are centered on the production of emergency solar lights within the renewable energy sector. Portable lighting solutions are developed for off-grid and disaster response applications. The company is led by CEO Seungah Jeong, with activities focused on sustainable manufacturing practices in the United States.
Who are the top competitors of Mpowerd?
Mpowerd's top competitors include Sundolier, energyware and PureRay.
Who are Mpowerd's investors?
Mpowerd has 2 investors. Key investors include Gerber Finance, and Builders Fund.
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