About PowerFlex
PowerFlex is an Energy & Utilities company based in San Diego (United States) founded in 2017 by George Lee, and was acquired by EDF Renewable Energy in September 2019. Renewable energy project development services are provided by PowerFlex. PowerFlex has raised $100 million across 5 funding rounds from investors including EDF Renewable Energy, Manulife Wealth and Asset Management and CalSEED. Its chief executive, as recorded, is George Lee. Its website powerflex.com draws about 15 thousand monthly visits. PowerFlex offers products and services including PowerFlex X EV Chargers, PowerFlex X Fleet+, Energy Storage Systems, and Commercial Solar. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Dominion Energy, Enel X and EDF Renewable Energy; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters San Diego, United States
- Founders George Lee
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website powerflex.com
- Social LinkedIn X Facebook YouTube
- Acquired by EDF Renewable Energy (Sep 2019)
- Total Equity Funding$100M (USD)
in 5 rounds
- Latest Funding Round$100M (USD), Series A
Dec 2022
- InvestorsEDF Renewable Energy
& 4 more
- Acquired byEDF Renewable Energy
(Sep 2019)
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
Apps and channels of PowerFlex
its YouTube channel PowerFlex has 927 subscribers and 30 videos.
Videos from PowerFlex
The most watched videos on PowerFlex's YouTube channel, PowerFlex (927 subscribers). Click a video to play it here.
More on PowerFlex.
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.
- Total Funding $100M
- Total Rounds 5
- Last Round Series A — $100M
- Investors Count 4
All 5 funding rounds of PowerFlex 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 |
|---|---|---|---|---|---|
| Dec 2022 | $100M | Series A | – | – | |
| Sep 2018 | $744,018 | Grant | – | – | |
| Sep 2017 | $150,000 | Grant | – | – | |
| Jul 2017 | $225,000 | Grant | – | – | |
| Jan 2017 | Seed | – | Wells Fargo Innovation Incubator | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manulife Wealth and Asset Management is engaged in providing investment and retirement solutions globally. | manulifeim.com | Toronto, Canada | ||
Early-stage clean energy startups are supported through grants. | calseed.fund | Berkeley, United States | ||
| in2.wf.com | ||||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
Solar and wind energy projects are developed and operated. | 1987 | edf-re.com | San Diego, United States |
Investor details for PowerFlex
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of PowerFlex
94 people are tracked at PowerFlex (25 in leadership, 69 in team).
| Name | Role | Group |
|---|---|---|
George Lee | Founder & CEO | Leadership |
Julie Milea | Associate Director, Engineering | Leadership |
Robert Miller | Director Of Construction, EPC | Leadership |
Raghav Murali | Head Of Policy And Compliance | Leadership |
Randi W. | Director Of Accounting Operations | Leadership |
Bryan Towe | Chief Financial Officer | Leadership |
Carl Moczydlowsky | Chief Technology Officer | Leadership |
Alison Cumming | Director Of V2x And Grid Services | Leadership |
Pete Vash | Technical Director | Leadership |
Ross Parker | Vice President Of Execution, Western Region | Leadership |
Annie Gala | Director, Marketing & Communications | Leadership |
Raphael Declercq | Chief Executive Officer | Leadership |
Michael Tingle | Director Of Business Development | Leadership |
Reid Gustin | Director of Software Sales | Leadership |
Lucie Dupas | Chief Delivery Officer | Leadership |
Kevin Purdy | Director Of Business Development | Leadership |
Nate McMurry | Chief Commercial Officer | Leadership |
Jay Aylwin | Director, Business Development | Leadership |
Thomas de Fresart | Vp, Strategic Growth | Leadership |
Mark DesMeules | Senior Director - Origination & Market Strategy | Leadership |
74 more people are available in the full profile.
Complete people profiles for PowerFlex
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of PowerFlex
4 dated milestones of PowerFlex across 5 years, from founding to its latest funding, stage changes and deals.
- Founded PowerFlex is founded.
- Funding First funding round.
- Exit Acquired by EDF Renewable Energy.
- Funding Latest funding round, Series A, of $100.0M.
Competitors of PowerFlex
PowerFlex has 3 listed competitors in our database, 1 of them funded. They include Dominion Energy, Enel X and EDF Renewable Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dominionenergy.com | 1983 | United States | 17,700 | Energy production and transportation are conducted by Dominion Energy. | ||
| enelx.com | 2001 | Boston, United States | $168M | 513 | Utility-scale renewable energy projects are developed by Enel X. | |
| edf-re.com | 1987 | San Diego, United States | 997 | Solar and wind energy projects are developed and operated. |
Detailed competitors of PowerFlex
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 PowerFlex
The website of PowerFlex (powerflex.com) receives about 14.9K visits a month.
- Monthly visits14.9K
▼ 14.3% vs previous month
Websites whose visitors overlap most with PowerFlex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
powerflexusa.com | powerflexusa.com | 100% | #1,099,652 | – | |
| smartchargeamerica.com | 92% | #1,777,057 | View details | ||
| evconnect.com | 85% | 40K | #807,380 | View details | |
prologuedrivers.com | prologuedrivers.com | 82% | #2,066,827 | – | |
| plugshare.com | 82% | 721.6K | #60,795 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for PowerFlex
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as PowerFlex (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 Powerflex
Complete news archive for PowerFlex
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- Older coverage
- Brand-specific news history
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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 CEO of PowerFlex, as recorded in our data. 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, Dominion Energy and EDF Renewable 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.
Yes. PowerFlex was acquired by EDF Renewable Energy in September 2019.