About Northern Reliability
Northern Reliability is a company based in Waterbury (United States) founded in 2007 was acquired by KORE Power in March 2022. Northern Reliability has raised $355 thousand across 4 funding rounds from investors including KORE Power and VCET. Northern Reliability operates in a competitive market with competitors including Landis+Gyr, Tantalus, Esyasoft, Beacon Power Services and ZIV, among others.
- Headquarter Waterbury, United States
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$355 K (USD)
in 4 rounds
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Latest Funding Round
$500 K (USD), Debt – Conventional
Dec 12, 2018
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Investors
KORE Power
& 1 more
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Employee Count
Not available
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Acquired by
KORE Power
(Mar 23, 2022)
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People of Northern Reliability
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Funding Insights of Northern Reliability
Northern Reliability has successfully raised a total of $355K across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $500 thousand completed in December 2018. 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 Northern Reliability
Northern Reliability has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include KORE Power and VCET.
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Sector-agnostic accelerator focused on startups
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Lithium-based energy storage systems are manufactured for utilities.
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Investor details for Northern Reliability
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Investments & Acquisitions by Northern Reliability
Investment portfolio details for Northern Reliability
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Financial Statements - Northern Reliability
Detailed financials for Northern Reliability
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Northern Reliability Comparisons
Peer comparison for Northern Reliability
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Competitors of Northern Reliability
Northern Reliability 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 Landis+Gyr, Tantalus, Esyasoft, Beacon Power Services and ZIV, among others.
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End-to-end energy management solutions are provided for utilities worldwide.
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Smart grid communication solutions are provided for utilities by Tantalus.
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AI-powered solutions for energy grid modernization are provided.
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Web-based building energy management software solutions are provided.
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Digital automation equipment for energy sector is manufactured and supplied.
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Software solutions for energy portfolio analysis, asset valuation and hedge optimization operations
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Detailed competitors of Northern Reliability
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Latest news on Northern Reliability
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Frequently Asked Questions about Northern Reliability
Northern Reliability was founded in 2007 and raised its 1st funding round 6 years after it was founded.
Northern Reliability is headquartered in Waterbury, United States. It is registered at Waterbury, Connecticut, United States.
Northern Reliability is a funded company, having raised a total of $355K across 4 funding rounds to date.
Northern Reliability was founded in 2007 in Waterbury, United States, and operates in the distributed energy sector. Stand-alone electric power systems are designed, purchased, and assembled for businesses and communities needing reliable off-grid power. Services include standalone solar systems with battery storage, solutions for smart grid power management and peak shaving, and UPS systems ensuring consistent waveforms during emergencies.
Northern Reliability's top competitors include Landis+Gyr, Tantalus and Esyasoft.
Northern Reliability has 2 investors. Key investors include KORE Power, and VCET.