Revterra

Houston, United States Founded: 2018 • Age: 8 yrs
Flywheel energy storage systems are developed for grid applications.
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About Revterra

Revterra is a company based in Houston (United States) founded in 2018 by Ben Jawdat.. Revterra has raised $6 million across 4 funding rounds from investors including ADNOC, Equinor and SCF Partners. The company has 6 employees as of December 31, 2023. Revterra offers products and services including Flywheel Energy Storage System, Kinetic Stabilizer, and Rapid EV Charging Solution. Revterra operates in a competitive market with competitors including Ambri, Hydrostor, Cheesecake Energy, Raygen and Quidnet Energy, among others.

  • Headquarter Houston, United States
  • Employees 6 as on 31 Dec, 2023
  • Founders Ben Jawdat
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Revterra Corporation
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1 M (USD), Grant

    Dec 10, 2023

  • Investors
    ADNOC

    & 3 more

  • Employee Count
    6

    as on Dec 31, 2023

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Products & Services of Revterra

Revterra offers a comprehensive portfolio of products and services, including Flywheel Energy Storage System, Kinetic Stabilizer, and Rapid EV Charging Solution. 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.

Primary

Stores kinetic energy for grid stability and power backup.

Provides instant response for power quality and resilience.

Enables ultra-fast charging using energy storage technology.

People of Revterra
Headcount 1-10
Employee Profiles 3
Board Members and Advisors 2
Employee Profiles
People
Patrick Flam
CFO
People
Ben Jawdat
Founder & CEO
People
Patrick Flam, CFA, MBA
Chief Financial Officer

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Board Members and Advisors
people
Wei-Kan Chu
Technical Advisor
people
Jacob Reeb
Advisor

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Funding Insights of Revterra

Revterra has successfully raised a total of $6M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $1 million completed in December 2023. 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 Rounds 4
  • Last Round Grant — $1.0M
  • First Round

    (01 Mar 2020)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Grant - Revterra Valuation

investors

Jul, 2022 Amount Series A - Revterra Valuation Equinor
Mar, 2020 Amount Grant - Revterra Valuation

investors

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 Revterra

Revterra has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include ADNOC, Equinor and SCF Partners. 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.

All
Institutional
Investor Description Founded Year Domain Location
Provider of natural gas & oil distributor, processing, and refining services
Founded Year Domain Location
Petroleum, natural gas, petrochemicals, and electrical power are produced globally.
Founded Year Domain Location
Provides capital, strategy, and network to energy entrepreneurs for building companies globally.
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 Revterra

Investments
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 - Revterra

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Revterra Comparisons

Employees
+
Add Comparison
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Competitors of Revterra

Revterra 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 Ambri, Hydrostor, Cheesecake Energy, Raygen and Quidnet Energy, 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
Liquid metal batteries are provided for long-duration energy storage.
domain founded_year HQ Location
Compressed air is stored underwater for electricity generation.
domain founded_year HQ Location
Solutions for compressed air energy storage systems are provided.
domain founded_year HQ Location
Advanced solar CPV systems using mirrors are provided by Raygen.
domain founded_year HQ Location
Provider of pumped hydro based energy storage system
domain founded_year HQ Location
High-density hydro long-duration energy storage technology is developed.
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 Revterra

Frequently Asked Questions about Revterra

When was Revterra founded?

Revterra was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Revterra located?

Revterra is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Who is the current CEO of Revterra?

Ben Jawdat is the current CEO of Revterra. They have also founded this company.

Is Revterra a funded company?

Revterra is a funded company, having raised a total of $6M across 4 funding rounds to date. The company's 1st funding round was a Grant of $223.5K, raised on Mar 01, 2020.

How many employees does Revterra have?

As of Dec 31, 2023, the latest employee count at Revterra is 6.

What does Revterra do?

Revterra was founded in 2018 and is headquartered in Houston, United States. Flywheel energy storage systems are developed by the company for grid and utility-scale applications, including support for solar and wind energy integration. A patented technology featuring passive magnetic bearings is utilized, enabling low power consumption during high-speed operations. Focus is placed on energy storage solutions within the renewable energy sector.

Who are the top competitors of Revterra?

Revterra's top competitors include Ambri, Hydrostor and RheEnergise.

What products or services does Revterra offer?

Revterra offers Flywheel Energy Storage System, Kinetic Stabilizer, and Rapid EV Charging Solution.

Who are Revterra's investors?

Revterra has 4 investors. Key investors include ADNOC, Equinor, SCF Partners, and National Science Foundation.

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