About People Power
People Power is a company based in Palo Alto (United States) founded in 2009.. People Power has raised $19.2 million across 11 funding rounds from investors including Origin Energy, MediaTek and HHS. People Power has completed 1 acquisition, including Tri-Cura. People Power offers products and services including AI Platform. People Power operates in a competitive market with competitors including Cradlepoint, Actility, Ondas Networks, Kajeet and Celona, among others.
- Headquarter Palo Alto, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name People Power Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.2 M (USD)
in 11 rounds
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Latest Funding Round
$3.21 M (USD), Grant
Sep 30, 2021
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Investors
Origin Energy
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of People Power
People Power offers a comprehensive portfolio of products and services, including AI Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing and optimizing physical spaces with AI
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Funding Insights of People Power
People Power has successfully raised a total of $19.2M across 11 strategic funding rounds. The most recent funding activity was a Grant round of $3.21 million completed in September 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.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Grant — $3.2M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Grant - People Power | Valuation |
investors |
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| Apr, 2021 | Amount | Series B - People Power | Valuation |
investors |
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| Jul, 2018 | Amount | Grant - People Power | 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 People Power
People Power has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Origin Energy, MediaTek and HHS. 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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Founded Year | Domain | Location | |
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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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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 People Power
People Power has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tri-Cura. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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SaaS based Practice management and HIE platform for home care agencies
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - People Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
People Power Comparisons
Competitors of People Power
People Power 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 Cradlepoint, Actility, Ondas Networks, Kajeet and Celona, 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 |
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| domain | founded_year | HQ Location |
Cloud-based network infrastructure for IoT applications is provided.
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| domain | founded_year | HQ Location |
Platform for IoT deployments and network connectivity management is provided.
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| domain | founded_year | HQ Location |
Broadband communication technologies for IoT are developed and deployed.
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| domain | founded_year | HQ Location |
IoT connectivity and management solutions are provided for various markets.
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| domain | founded_year | HQ Location |
Cloud-based WiFi infrastructure connectivity management software is provided.
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| domain | founded_year | HQ Location |
Cloud platform for M2M and IoT connectivity is offered.
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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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Frequently Asked Questions about People Power
When was People Power founded?
People Power was founded in 2009.
Where is People Power located?
People Power is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is People Power a funded company?
People Power is a funded company, having raised a total of $19.2M across 11 funding rounds to date. The company's 1st funding round was a Grant of $4.75M, raised on Nov 09, 2009.
What does People Power do?
Provider of universal remote control solutions for the Internet Of Things. It helps manufacturers and service providers control connected devices through an analytics and device management platform in both mobile and cloud. Also, its smartphone app, Presence, transforms spare iPhones, iPads, and iPods into wireless video cameras for monitoring. Founders have significant experience in wireless and mobile domains. CEO - UCB.
Who are the top competitors of People Power?
People Power's top competitors include Cradlepoint, Hologram and EMnify.
What products or services does People Power offer?
People Power offers AI Platform.
How many acquisitions has People Power made?
People Power has made 1 acquisition, including Tri-Cura.
Who are People Power's investors?
People Power has 6 investors. Key investors include Origin Energy, MediaTek, HHS, Innogy, and New Cycle Capital.