Pika Energy

South Portland, United States Founded: 2010 • Age: 16 yrs Acquired By Generac Power Systems
Lithium-based on-grid energy storage solutions are provided for residential use.
Annual revenue - Latest available
Total funding $9.6M 13 rounds
Employees 28 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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 as of December 31, 2022. 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 as on 31 Dec, 2022
  • Founders Joshua Kaufman
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Pika Energy, Inc.
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $9.6 M (USD)

    in 13 rounds

  • Latest Funding Round
    $1.9 M (USD), Series A

    Aug 30, 2018

  • Investors
  • Employee Count
    28

    as on Dec 31, 2022

  • Acquired by
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People of Pika Energy

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Sam Bennett
Electrical Engineer III

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Teams

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage climate tech startups are supported with seed capital.
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Provides checking, savings, loans, and online banking for individuals and businesses in Maine.
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Maine's technology sector is supported by a state government agency.
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Investor details for Pika Energy

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Investments & Acquisitions by Pika Energy

Investments
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Investment portfolio details for Pika Energy

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Financial Statements - Pika Energy

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Pika Energy Comparisons

Pika Energy Primary company
Description
Lithium-based on-grid energy storage solutions are provided ...
Location
South Portland, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
28
As of 2022
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Peer comparison for Pika Energy

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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 year HQ Location Description
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Silicon-based solar PV modules are manufactured for diverse applications.
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Lithium-ion batteries for electric vehicles are manufactured and optimized.
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Lithium-ion batteries are manufactured for electric vehicles and storage.
Locked Locked Locked
Residential energy storage solutions are delivered via an online platform.
Locked Locked Locked
Plug-and-play energy storage devices are built for solar integration.
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Detailed competitors of Pika Energy

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Latest news on Pika Energy

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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.

As of Dec 31, 2022, the latest employee count at Pika Energy is 28.

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's top competitors include SunPower, Northvolt and Verkor.

Pika Energy has 5 investors. Key investors include Generac Power Systems, Maine Technology Institute, Clean Energy Venture Group, Gorham Savings, and OSTI.GOV.

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