About Polar Power
Polar Power is a publicly listed company based in Gardena (United States) founded in 1979. Mobile rapid chargers for EVs are developed without utility grids. Polar Power has raised $1.17 million across 4 funding rounds from investors including Citi. The company has 82 employees. Its chief executive, as recorded, is Arthur D Sams. Polar Power offers products and services including DC Generators, Hybrid Power Systems, and Marine DC Generators. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its legal entity is POLAR POWER, INC. Its competitors include Ecoflow, Ascent Solar and Enteligent; 2 of its 3 listed competitors have raised funding.
Company details
Polar Power was founded in 1979 and is located in Gardena, United States. Mobile rapid chargers for electric vehicles are developed by the company, enabling charging in areas without utility grids. Systems include DC generators, battery management systems, and integrated software, designed for 20 kW to 40 kW applications. Heat exchangers and lithium-ion battery systems are also manufactured within the energy storage and EV infrastructure sector.
- Headquarters Gardena, United States
- Employees 82
- Stage Public
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website polarpower.com
- Social LinkedIn Instagram YouTube
- Legal Name Polar Power, Inc.
- Annual Revenue$6.3 M (USD)-54.87as on Dec 31, 2025
- Net Profit-$9.13 M (USD)-95.27as on Dec 31, 2025
- EBITDA-$7.9 M (USD)-87.76as on Dec 31, 2025
- Total Equity Funding$1.17M (USD)
in 4 rounds
- Latest Funding Round$2.81M (USD), Post-IPO
Jul 2020
- Investors
- Employee Count82
Products & Services of Polar Power
Polar Power offers a comprehensive portfolio of products and services, including DC Generators, Hybrid Power Systems, and Marine DC Generators.
Devices providing reliable DC power for telecom and military uses
Integrated systems combining solar and generators for efficient energy
Generators designed for marine vessels and propulsion needs
Apps and channels of Polar Power
its YouTube channel Polar Power Inc has 11 subscribers and 5 videos.
Videos from Polar Power
The most watched videos on Polar Power's YouTube channel, Polar Power Inc (11 subscribers). Click a video to play it here.
More on Polar Power Inc.
Funding Insights of Polar Power
Polar Power has successfully raised a total of $1.17M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $2.81 million completed in July 2020. 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 $1.17M
- Total Rounds 4
- Last Round Post-IPO — $2.81M
- First Round $1.17M
(Oct 2014)
- Investors Count 1
All 4 funding rounds of Polar Power 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 |
|---|---|---|---|---|---|
| Jul 2020 | $2.81M | Post-IPO | – | – | – |
| Jun 2019 | $5.2M | Debt – Conventional | – | – | |
| Oct 2014 | $1.17M | Post-IPO | – | – | – |
| Oct 2014 | $1.17M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Polar Power
Polar Power has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Citi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking and financial services are provided globally. | 1812 | citi.com | New York, United States |
Investor details for Polar Power
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People of Polar Power
9 people are tracked at Polar Power (6 in leadership, 3 in team); the tracked headcount is 82.
| Name | Role | Group |
|---|---|---|
Arthur D Sams | CEO & President | Leadership |
Raj Hira | Director of Telecom Sales, Asia Pacific | Leadership |
Luis Zavala | Chief Financial Officer | Leadership |
Adam Szczepanek | VP Business Development, North America | Leadership |
Chris Sabo | Director of Telecom Sales & Business Development, North America | Leadership |
Paul Ross | Director of Sales & Business Development, North America | Leadership |
Lucie Houston | Account Executive, Telecom | Team |
Nilesh Singh | Regional Manager, APAC | Team |
Cristian Tapliuc | Product Manager, Romania | Team |
Complete people profiles for Polar Power
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IPO & Listings of Polar Power
Polar Power is a publicly listed company on the NASDAQ with ticker symbol POLA in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date07 Dec 2016
- Listed onNASDAQ: POLA
- Listed entityPolar Power, Inc.
- Exchange sectorElectronic technology
- ISINUS73102V2043
- Share price$1.10 · 2026-10-13
- Market capitalisation$4.7M
- EPS (diluted, trailing year)$-3.53
- Volume (last session)156,985
Financials of Polar Power
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $6.3M | -$9.1M | -$7.9M |
| 2024 | $14.0M | -$4.7M | -$4.2M |
| 2023 | $15.3M | -$6.5M | -$5.6M |
| 2022 | $16.1M | -$5.6M | -$5.0M |
| 2021 | $16.9M | -$1.4M | -$2.5M |
Detailed financial statements for Polar Power
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Timeline of Polar Power
4 dated milestones of Polar Power across 41 years, from founding to its latest funding, stage changes and deals.
- Founded Polar Power is founded.
- Funding First funding round of $1.2M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $2.8M.
Competitors of Polar Power
Polar Power has 3 listed competitors in our database, 2 of them funded. They include Ecoflow, Ascent Solar and Enteligent.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecoflow.com | 2017 | San Jose, United States | $104M | An online platform for energy storage solutions is offered. | ||
| ascentsolar.com | 2005 | Thornton, United States | 16 | Thin-film CIGS solar modules manufacturer | ||
| enteligent.com | 2020 | Morgan Hill, United States | $32.68M | Solar-powered products are manufactured by Enteligent in the United States. |
Detailed competitors of Polar Power
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Web traffic of Polar Power
The website of Polar Power (polarpower.com) receives about 8.4K visits a month.
- Monthly visits8.4K
▲ 92.1% vs previous month
Websites whose visitors overlap most with Polar Power. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| allpowerlabs.com | 100% | 7.5K | #2,843,434 | View details | |
| flextool.com.au | 73% | 10.7K | #2,265,663 | View details | |
advance-us.com | advance-us.com | 32% | #2,661,216 | – | |
kubotaenginepartsdirect.com | kubotaenginepartsdirect.com | 24% | #5,705,407 | – | |
southeasternequipment.net | southeasternequipment.net | 24% | #476,400 | – |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Polar Power (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Polar Power
Complete news archive for Polar Power
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Frequently Asked Questions about Polar Power
Polar Power was founded in 1979 and raised its 1st funding round 35 years after it was founded.
Polar Power is headquartered in Gardena, United States. It is registered at Gardena, California, United States.
Arthur D Sams is the CEO of Polar Power, as recorded in our data.
Polar Power is a funded company, having raised a total of $1.17M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.17M, raised on Oct 2014.
Polar Power has 82 employees.
Annual revenue of Polar Power is $6.3M as on Dec 31, 2025.
Polar Power was founded in 1979 and is located in Gardena, United States. Mobile rapid chargers for electric vehicles are developed by the company, enabling charging in areas without utility grids. Systems include DC generators, battery management systems, and integrated software, designed for 20 kW to 40 kW applications. Heat exchangers and lithium-ion battery systems are also manufactured within the energy storage and EV infrastructure sector.
Polar Power's top competitors include Ecoflow, Enteligent and Ascent Solar.
Polar Power offers DC Generators, Hybrid Power Systems, and Marine DC Generators.
Yes, Polar Power is publicly traded on NASDAQ under the ticker symbol POLA.
Polar Power has 1 investor. Key investors include Citi.
Polar Power operates through Polar Power, Inc..