About PowerFlex
PowerFlex is a company based in San Diego (United States) founded in 2017 by George Lee was acquired by EDF Renewable Energy in September 2019. PowerFlex has raised $100 million across 5 funding rounds from investors including EDF Renewable Energy, Manulife Wealth and Asset Management and CalSEED. PowerFlex offers products and services including PowerFlex X EV Chargers, PowerFlex X Fleet+, Energy Storage Systems, and Commercial Solar. PowerFlex operates in a competitive market with competitors including Dominion Energy, Enel X, Lightsource BP, EDF Renewable Energy and Origis Energy, among others.
- Headquarter San Diego, United States
- Founders George Lee
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$100 M (USD)
in 5 rounds
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Latest Funding Round
$100 M (USD), Series A
Dec 13, 2022
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Investors
EDF Renewable Energy
& 4 more
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Employee Count
Not available
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Acquired by
EDF Renewable Energy
(Sep 03, 2019)
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Products & Services of PowerFlex
PowerFlex offers a comprehensive portfolio of products and services, including PowerFlex X EV Chargers, PowerFlex X Fleet+, Energy Storage Systems, and Commercial Solar.
Provides intelligent charging for commercial fleets and sites
Manages EV operations to optimize energy and costs
Offers storage for reliable backup and demand response
Delivers installations to generate onsite renewable power
People of PowerFlex
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Funding Insights of PowerFlex
PowerFlex has successfully raised a total of $100M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $100 million completed in December 2022. 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 PowerFlex
PowerFlex has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include EDF Renewable Energy, Manulife Wealth and Asset Management and CalSEED.
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Manulife Wealth and Asset Management is engaged in providing investment and retirement solutions globally.
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Early-stage clean energy startups are supported through grants.
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Investor details for PowerFlex
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Investments & Acquisitions by PowerFlex
Investment portfolio details for PowerFlex
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Financial Statements - PowerFlex
Detailed financials for PowerFlex
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Powerflex Comparisons
Peer comparison for PowerFlex
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- Headcount comparison
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Competitors of PowerFlex
PowerFlex 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 Dominion Energy, Enel X, Lightsource BP, EDF Renewable Energy and Origis Energy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Energy production and transportation are conducted by Dominion Energy.
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Utility-scale renewable energy projects are developed by Enel X.
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Solar energy projects are developed and operated by Lightsource BP.
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Solar and wind energy projects are developed and operated.
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Utility-scale and commercial solar projects are developed worldwide.
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Detailed competitors of PowerFlex
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Latest news on Powerflex
Complete news archive for PowerFlex
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Frequently Asked Questions about PowerFlex
PowerFlex was founded in 2017.
PowerFlex is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
George Lee is the current CEO of PowerFlex. They have also founded this company.
PowerFlex is a funded company, having raised a total of $100M across 5 funding rounds to date.
PowerFlex was founded in 2017 and is headquartered in San Diego, United States. Services in renewable energy project development are offered, with a focus on the clean energy sector. Operations encompass planning, execution, and management of sustainable energy initiatives across various geographies. Leadership is provided by George Lee as Founder and CEO. The company supports the transition to renewable sources through specialized development expertise.
PowerFlex's top competitors include Enel X, Lightsource BP and Dominion Energy.
PowerFlex offers PowerFlex X EV Chargers, PowerFlex X Fleet+, Energy Storage Systems, and Commercial Solar.
PowerFlex has 5 investors. Key investors include EDF Renewable Energy, Manulife Wealth and Asset Management, CalSEED, National Science Foundation, and Wells Fargo Innovation Incubator.