About On.Energy
On.Energy is a company based in Miami (United States) founded in 2016. On.Energy has raised $20 million across 2 funding rounds from investors including Lombard Odier, Ultra Capital and Phalanx Impact Partners. On.Energy operates in a competitive market with competitors including Fluence, Alsym Energy, Connected Energy, Younicos and Redback Technologies, among others.
- Headquarter Miami, United States
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Sectors
Energy & Utilities
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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
$20 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Debt – Conventional
Apr 26, 2024
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Investors
Lombard Odier
& 2 more
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Employee Count
Employee Count
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People of On.Energy
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Funding Insights of On.Energy
On.Energy has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25 million completed in April 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 2
- Last Round Debt – Conventional — $25.0M
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First Round
First Round
(14 Jun 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Debt – Conventional - On.Energy | Valuation |
investors |
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| Jun, 2023 | Amount | Series B - On.Energy | Valuation | Ultra Capital |
Investors in On.Energy
On.Energy has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Lombard Odier, Ultra Capital and Phalanx Impact Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Impact investments are managed to support sustainable technology companies.
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Founded Year | Domain | Location | |
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Infrastructure fund manager
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Founded Year | Domain | Location | |
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Provider of wealth management services
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Founded Year | Domain | Location |
Investments & Acquisitions by On.Energy
Financial Statements - On.Energy
On.Energy Comparisons
Competitors of On.Energy
On.Energy 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 Fluence, Alsym Energy, Connected Energy, Younicos and Redback Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Energy storage systems are supplied for industrial renewable applications.
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| domain | founded_year | HQ Location |
Non-flammable battery solutions are provided for vehicles and storage systems.
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| domain | founded_year | HQ Location |
Battery energy storage systems are supplied to various industries.
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| domain | founded_year | HQ Location |
Battery parks and microgrid systems
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| domain | founded_year | HQ Location |
Developer of solar power packs for home
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| domain | founded_year | HQ Location |
Nickel-iron batteries are manufactured for stationary energy storage applications.
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Latest news on On.Energy
Frequently Asked Questions about On.Energy
On.Energy was founded in 2016 and raised its 1st funding round 7 years after it was founded.
On.Energy is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Alan Cooper is the current CEO of On.Energy.
On.Energy is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Jun 14, 2023.
On.Energy was founded in 2016 in Miami, United States, within the energy sector. Energy storage technologies are developed by the company, alongside analytics solutions and AI-powered software for energy management. Operations focus on advancing storage capabilities and providing tools for optimized energy use across various applications.
On.Energy's top competitors include Fluence, Encell and Connected Energy.
On.Energy has 3 investors. Key investors include Lombard Odier, Ultra Capital, and Phalanx Impact Partners.