Plus Power

San Francisco, United States Founded: 2018 • Age: 8 yrs
Batteries are manufactured by Plus Power in the energy sector.

About Plus Power

Plus Power is an Energy & Utilities company based in San Francisco (United States) founded in 2018. It operates as a batteries are manufactured by Plus Power in the energy sector. Its focus areas include Energy Tech, Energy Storage Tech, Energy Storage System and Hybrid. Its competitors include Fluence, Alsym Energy, Connected Energy, Younicos and Redback Technologies and 3 more; 7 of its 8 listed competitors have raised funding.

Company details

Plus Power was founded in 2018 and is headquartered in San Francisco, United States. Operations are centered on battery manufacturing within the energy storage industry. Battery production and related technologies are developed for grid-scale and renewable energy applications. The companys domain, pluspower.com, supports its online activities. Focus remains on domestic operations in the United States, serving utility and commercial sectors with essential storage solutions.

  • Headquarters San Francisco, United States
  • Sectors
    Energy & Utilities
  • Email
    ••••••••
  • Website pluspower.com
  • Social LinkedIn
Key Metrics
  • Latest Funding Round
    $219M (USD), Debt – Conventional

    Nov 2021

  • Investors
    SVB

    & 3 more

Funding Insights of Plus Power

  • Total Rounds 1
  • Last Round Debt – Conventional — $219M
  • First Round $219M

    (Nov 2021)

  • Investors Count 4

All 1 funding rounds of Plus Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2021$219MDebt – Conventional––
Valuation history

4 investors in total: 4 institutional.

Investors in Plus Power

Plus Power has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include SVB, KeyBank and Mizuho Financial Group.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Cooperative bank offering loans and financial services to rural agribusiness and infrastructure.
1989cobank.comGreenwood Village, United States
Regional bank
1849key.comCleveland, United States
Financial and strategic services are provided to businesses and institutions.
2000mizuhogroup.comChiyoda City, Japan
Banking services are provided to innovative companies, investors, and individuals.
1983svb.comSanta Clara, United States
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Investor details for Plus Power

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Timeline of Plus Power

2 dated milestones of Plus Power across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Plus Power is founded.
  2. Funding First funding round of $219.0M.

Competitors of Plus Power

Plus Power has 8 listed competitors in our database, 7 of them funded. They include Fluence, Alsym Energy, Connected Energy, Younicos and Redback Technologies, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fluenceenergy.com2018–$125M1,112
Energy storage systems are supplied for industrial renewable applications.
alsym.com2015Woburn, United States$103.57M–
Non-flammable battery solutions are provided for vehicles and storage systems.
connected-energy.co.uk2010Newcastle Upon Tyne, United Kingdom$30.75M8
Battery energy storage systems are supplied to various industries.
younicos.com2005Berlin, Germany$56.88M–
Battery parks and microgrid systems
redbacktech.com2015Brisbane, Australia$15.55M–
Developer of solar power packs for home
encell.com2006Alachua, United States$14.88M–
Nickel-iron batteries are manufactured for stationary energy storage applications.
exro.com2006Vancouver, Canada$312,84949
Developer of power electronics for electric vehicles and energy storage
powerstar.com2001Sheffield, United Kingdom––
Voltage optimization, energy storage, and smart transformer equipment are manufactured.
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Detailed competitors of Plus Power

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Plus Power

The website of Plus Power (pluspower.com) receives about 5.7K visits a month.

  • Monthly visits
    5.7K

    ▼ 40.8% vs previous month

Similar websites

Websites whose visitors overlap most with Plus Power. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
racingcolors.com
racingcolors.com
100%
–#12,858,814–
mundofabian.com
mundofabian.com
32%
–#11,594,351–
yamarcosport.com
yamarcosport.com
32%
–––
llantas.oponeo.es
llantas.oponeo.es
32%
–––
neumaticosyllantas.com
neumaticosyllantas.com
30%
–#6,180,167–

Top companies in Energy Storage Systems

10 companies that operate in the same segment as Plus Power (Energy Storage Systems), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
Silicon-based solar PV modules are manufactured for diverse applications.
1985San Jose, California, United StatesUSD 171.73 MUSD 300 M600
EV charging station network is operated for vehicle users.
2017Munchen, Bayern, GermanyUSD 791 M––
Platform offering smart electric vehicle charging solutions
2018London, England, United KingdomUSD 63.18 M––
Iron-air energy storage systems are developed for renewable energy projects.
2009Somerville, Massachusetts, United StatesUSD 2 B–902
Provider of electric vehicle charging solutions
2009London, England, United KingdomUSD 58.39 M––
Monta is recognized as a provider of EV charging software solutions.
2020Copenhagen, DenmarkUSD 134.51 M––
Provider of EV battery-swapping network
2019Gurugram, Haryana, IndiaUSD 187.76 MUSD 22.56 M482
Portable electric vehicle charging solutions are developed and provided.
2014Boston, Massachusetts, United StatesUSD 104.86 M–50
Provider of solar integrated power storage system
2010Wildpoldsried, Bavaria, GermanyUSD 168.42 MUSD 132.91 M–
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Related news about Plus Power

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Complete news archive for Plus Power

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Frequently Asked Questions about Plus Power

Plus Power was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Plus Power is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Plus Power was founded in 2018 and is headquartered in San Francisco, United States. Operations are centered on battery manufacturing within the energy storage industry. Battery production and related technologies are developed for grid-scale and renewable energy applications. The companys domain, pluspower.com, supports its online activities. Focus remains on domestic operations in the United States, serving utility and commercial sectors with essential storage solutions.

Plus Power's top competitors include Fluence, Encell and Connected Energy.

Plus Power has 4 investors. Key investors include SVB, KeyBank, Mizuho Financial Group, and CoBank.

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