About Power Factors
Power Factors is a company based in Goteborg (Sweden) founded in 2010 was acquired by Power Factors in April 2021. It operates as a SaaS (Software-as-a-Service), and Managed Services. Power Factors has raised $6.17 million across 2 funding rounds from investors including Power Factors and Korys. Power Factors offers products and services including Unity REMS, SCADA-EMS, and Asset Performance Management. Power Factors operates in a competitive market with competitors including Particle, ecobee, MRI Software, Landis+Gyr and Nanoleaf, among others.
- Headquarter Goteborg, Sweden
-
Sectors
TechnologyEnergy & Utilities Business Services Real Estate & Construction
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Power Factors
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$6.17 M (USD)
in 2 rounds
-
Latest Funding Round
$6.17 M (USD), Series A
Apr 13, 2018
-
Investors
Power Factors
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Power Factors
(Apr 15, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Power Factors
Power Factors offers a comprehensive portfolio of products and services, including Unity REMS, SCADA-EMS, and Asset Performance Management. 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.
Comprehensive suite for managing renewable energy asset lifecycles.
Real-time control and monitoring of renewable energy assets.
Asset optimization through monitoring, analysis, and intuitive workflows.
Unlock access to complete
Funding Insights of Power Factors
Power Factors has successfully raised a total of $6.17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.17 million completed in April 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 Total Funding
- Total Rounds 2
- Last Round Series A — $6.2M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series A - Power Factors | Valuation | Korys |
|
| Dec, 2016 | Amount | Series A - Power Factors | Valuation | Korys |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Power Factors
Power Factors has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Power Factors and Korys. 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 |
|---|---|---|---|---|
|
Sustainable investing in conscious consumer, energy transition, and healthy living sectors.
|
Founded Year | Domain | Location | |
|
Data-driven solutions for renewable energy assets are offered.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Power Factors
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Power Factors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Power Factors Comparisons
Competitors of Power Factors
Power Factors 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 Particle, ecobee, MRI Software, Landis+Gyr and Nanoleaf, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
|
|
| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
|
|
| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
|
|
| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
|
|
| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
|
|
| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Power Factors
Frequently Asked Questions about Power Factors
When was Power Factors founded?
Power Factors was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is Power Factors located?
Power Factors is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Who is the current CEO of Power Factors?
Julieann Esper Rainville is the current CEO of Power Factors.
Is Power Factors a funded company?
Power Factors is a funded company, having raised a total of $6.17M across 2 funding rounds to date.
What does Power Factors do?
Renewable energy management solutions are offered by Power Factors through the Unity suite, focusing on end-to-end management of wind, solar, and energy storage assets. Comprehensive hardware and software solutions are provided to address challenges in the renewable energy sector. Services include SCADA-EMS for real-time monitoring, asset performance management for optimization, and AI-powered insights for data-driven decisions. Diverse portfolios across independent power producers, utilities, and corporate offtakers are served with tailored solutions. Scalable tools for field service management, asset oversight, and invoice management are also included to ensure operational efficiency and financial accuracy.
Who are the top competitors of Power Factors?
Power Factors's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Power Factors offer?
Power Factors offers Unity REMS, SCADA-EMS, and Asset Performance Management.
Who are Power Factors's investors?
Power Factors has 2 investors. Key investors include Power Factors, and Korys.