About Pika Energy
Pika Energy is a company based in South Portland (United States) founded in 2010 by Joshua Kaufman was acquired by Generac Power Systems in April 2019. Pika Energy has raised $9.6 million across 13 funding rounds from investors including Generac Power Systems, Maine Technology Institute and Clean Energy Venture Group. The company has 28 employees. Pika Energy operates in a competitive market with competitors including SunPower, A123 Systems, Northvolt, Verkor and Haven Energy, among others.
- Headquarter South Portland, United States
- Employees 28
- Founders Joshua Kaufman
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website pika-energy.com
- Social LinkedIn X Facebook
- Acquired by Generac Power Systems (Apr 2019)
- Legal Name Pika Energy, Inc.
- Total Equity Funding$9.6M (USD)
in 13 rounds
- Latest Funding Round$1.9M (USD), Series A
Aug 2018
- InvestorsGenerac Power Systems
& 4 more
- Employee Count28
- Acquired byGenerac Power Systems
(Apr 2019)
Funding Insights of Pika Energy
Pika Energy has successfully raised a total of $9.6M across 13 strategic funding rounds. The most recent funding activity was a Series A round of $1.9 million completed in August 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.
- Total Funding $9.6M
- Total Rounds 13
- Last Round Series A — $1.9M
- First Round $150,000
(Mar 2011)
- Investors Count 4
Latest 10 of 13 funding rounds of Pika Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2018 | $1.9M | Series A | – | – | – |
| Feb 2018 | $1.49M | Series A | – | – | – |
| Jun 2017 | $2M | Series A | – | – | – |
| Apr 2016 | $2.9M | Series A | – | Clean Energy Venture Group | – |
| Apr 2015 | $105,000 | Seed | – | – | – |
| Apr 2013 | $860,742 | Seed | – | – | – |
| Apr 2013 | $30,000 | Grant | – | – | |
| Dec 2012 | $218,834 | Debt – Conventional | – | – | |
| Aug 2012 | $200,000 | Seed | – | – | – |
| Aug 2012 | – | Debt – Conventional | – | – | – |
5 investors in total: 5 institutional.
Investors in Pika Energy
Pika Energy has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Generac Power Systems, Maine Technology Institute and Clean Energy Venture Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage climate tech startups are supported with seed capital. | – | cevg.com | - | |
Provides checking, savings, loans, and online banking for individuals and businesses in Maine. | 1868 | gorhamsavings.bank | Gorham, United States | |
Maine's technology sector is supported by a state government agency. | 1999 | mainetechnology.org | Brunswick, United States | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | – | osti.gov | Oak Ridge, United States | |
Manufacturer of power generation equipment and energy storage solutions | 1959 | generac.com | Waukesha, United States |
Investor details for Pika Energy
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People of Pika Energy
2 people are tracked at Pika Energy (1 in leadership, 1 in team); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Joshua Kaufman | Co-Founder | Leadership |
Sam Bennett | Electrical Engineer III | Team |
Complete people profiles for Pika Energy
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Timeline of Pika Energy
4 dated milestones of Pika Energy across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Pika Energy is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Series A, of $1.9M.
- Exit Acquired by Generac Power Systems.
Competitors of Pika Energy
Pika 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 SunPower, A123 Systems, Northvolt, Verkor and Haven Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sunpower.com | 1985 | San Jose, United States | $171.73M | 1,889 | Silicon-based solar PV modules are manufactured for diverse applications. | |
| a123systems.com | 2001 | Hangzhou, China | $201.26M | 886 | Lithium-ion batteries for automotive and industrial uses are manufactured. | |
| northvolt.com | 2016 | Stockholm, Sweden | $6.84B | – | Lithium-ion batteries for electric vehicles are manufactured and optimized. | |
| verkor.com | 2020 | Grenoble, France | $1.34B | 143 | Lithium-ion batteries are manufactured for electric vehicles and storage. | |
| havenenergy.com | 2022 | Austin, United States | $11.2M | – | Residential energy storage solutions are delivered via an online platform. | |
| powervault.co.uk | 2012 | London, United Kingdom | $22.44M | 22 | Plug-and-play energy storage devices are built for solar integration. | |
| instagrid.co | 2018 | Stuttgart, Germany | $137.41M | 9 | Provides portable battery solutions for construction, events, and media applications worldwide. | |
| korepower.com | 2018 | Idaho Falls, United States | $75.1M | 132,692 | Lithium-based energy storage systems are manufactured for utilities. | |
| electriqpower.com | 2014 | San Francisco, United States | $19M | – | Energy resources distribution is managed through software and storage solutions. |
Detailed competitors of Pika Energy
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Web traffic of Pika Energy
Websites that share an audience with Pika Energy (pika-energy.com).
Websites whose visitors overlap most with Pika Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pike.com | 100% | 16.4K | #1,592,210 | View details | |
| bergey.com | 90% | 3.1K | #5,266,435 | View details | |
cet.sgcc.com.cn | cet.sgcc.com.cn | 90% | – | – | – |
windenergyfoundation.org | windenergyfoundation.org | 90% | – | – | – |
| bornay.com | 90% | – | #3,432,128 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Pika Energy
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- 7 similar websites
- Audience overlap
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- Traffic by brand
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Latest news on Pika Energy
Complete news archive for Pika Energy
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- Brand-specific news history
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Similar companies to Pika Energy
10 companies that operate in the same segment as Pika Energy (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | – | USD 34.18 M | 177 |
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Frequently Asked Questions about Pika Energy
Pika Energy was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Pika Energy is headquartered in South Portland, United States. It is registered at South Portland, Maine, United States.
Pika Energy is a funded company, having raised a total of $9.6M across 13 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Mar 2011.
Pika Energy has 28 employees.
Pika Energy was founded in 2010 and is based in South Portland, United States. Operations focus on the renewable energy sector, where lithium-based on-grid storage solutions are supplied for residential applications. Products such as the Pika islanding inverter, Harbor smart battery, photovoltaic substring optimizer, and Coral smart battery are offered. High-performance wind turbines and hybrid wind-solar systems are also provided for homeowners and small businesses.
Pika Energy has 5 investors. Key investors include Generac Power Systems, Maine Technology Institute, Clean Energy Venture Group, Gorham Savings, and OSTI.GOV.
Pika Energy operates through Pika Energy, Inc..
Yes. Pika Energy was acquired by Generac Power Systems in April 2019.