About OLEDWorks
OLEDWorks is a company based in Rochester (United States) founded in 2010 by David DeJoy and John Hamer.. OLEDWorks has raised $30.64 million across 19 funding rounds from investors including DOE, Japan Display East and European Investment Bank. OLEDWorks operates in a competitive market with competitors including Universal Display Corporation, JOLED, Cynora, Yunyinggu Technology and Ns Nanotech, among others.
- Headquarter Rochester, United States
- Founders David DeJoy, John Hamer
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Sectors
Energy & UtilitiesTechnology
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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
$30.64 M (USD)
in 19 rounds
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Latest Funding Round
$34.82 M (USD), Debt – Conventional
Jun 25, 2025
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Investors
DOE
& 5 more
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Employee Count
Employee Count
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Product Management Team
7 people
Software Development Team
5 people
Leadership Team
3 people
Project Team
2 people
Human Resources and Administration
2 people
Creative and Marketing Team
2 people
Sales and Marketing
2 people
Data Analysis and Operations Team
1 people
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Funding Insights of OLEDWorks
OLEDWorks has successfully raised a total of $30.64M across 19 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $34.82 million completed in June 2025. 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 19
- Last Round Debt – Conventional — $34.8M
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First Round
First Round
(02 Dec 2011)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Debt – Conventional - OLEDWorks | Valuation |
investors |
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| Feb, 2025 | Amount | Series A - OLEDWorks | Valuation |
investors |
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| Jun, 2021 | Amount | Grant - OLEDWorks | Valuation |
investors |
| 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 OLEDWorks
OLEDWorks has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include DOE, Japan Display East and European Investment 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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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Small- to medium-sized LTPS LCD displays are developed and manufactured.
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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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 OLEDWorks
| 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 - OLEDWorks
| 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 |
Oledworks Comparisons
Competitors of OLEDWorks
OLEDWorks 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 Universal Display Corporation, JOLED, Cynora, Yunyinggu Technology and Ns Nanotech, 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 |
OLED materials and technology are supplied for displays and lighting.
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| domain | founded_year | HQ Location |
OLED-based display panels, including printed and flexible types, are developed.
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| domain | founded_year | HQ Location |
Blue OLED emitters are developed using TADF technology.
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| domain | founded_year | HQ Location |
Specializes in display drivers and IP licensing for driver chips and circuit boards.
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| domain | founded_year | HQ Location |
Nano-LED technology is developed for displays and UV lighting applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Oledworks
Frequently Asked Questions about OLEDWorks
When was OLEDWorks founded?
OLEDWorks was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is OLEDWorks located?
OLEDWorks is headquartered in Rochester, United States.
Is OLEDWorks a funded company?
OLEDWorks is a funded company, having raised a total of $30.64M across 19 funding rounds to date. The company's 1st funding round was a Grant of $199.97K, raised on Dec 02, 2011.
What does OLEDWorks do?
OLEDWorks was founded in 2010 and is based in Rochester, United States. Operations focus on the production of OLED panels, which are provided to manufacturers of lighting fixtures for integration. The Lumiblade line is offered as a thin, lightweight solid-state lighting option to integrators. Activities center on the OLED sector, emphasizing panel fabrication and distribution within the lighting industry.
Who are the top competitors of OLEDWorks?
OLEDWorks's top competitors include Universal Display Corporation, Cynora and JOLED.
Who are OLEDWorks's investors?
OLEDWorks has 6 investors. Key investors include DOE, Japan Display East, European Investment Bank, New York State Energy Research and Development Authority, and OSTI.GOV.
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