About Rhombus Energy Solutions
Rhombus Energy Solutions is a company based in San Diego (United States) founded in 2012 by Parthiv Patel and Rick Sander was acquired by BorgWarner in August 2022. Rhombus Energy Solutions has raised $10.98 million across 5 funding rounds from investors including BorgWarner, Cycle Capital and İnci Holding. Rhombus Energy Solutions operates in a competitive market with competitors including Nuvve, Esyasoft, Fermata Energy, Indra and Qovoltis, among others.
- Headquarter San Diego, United States
- Founders Parthiv Patel, Rick Sander
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Rhombus Energy Solutions, Inc
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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
$10.98 M (USD)
in 5 rounds
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Latest Funding Round
$4.15 M (USD), Series D
Apr 19, 2022
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Investors
BorgWarner
& 6 more
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Employee Count
Not available
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Acquired by
BorgWarner
(Aug 03, 2022)
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People of Rhombus Energy Solutions
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Software Development Team
44 people
Human Resources and Administration
39 people
Sales and Marketing
36 people
Leadership Team
35 people
Finance and Accounting
27 people
Product Management Team
23 people
Senior Team
19 people
Business Team
5 people
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Funding Insights of Rhombus Energy Solutions
Rhombus Energy Solutions has successfully raised a total of $10.98M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $4.15 million completed in April 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 Rhombus Energy Solutions
Rhombus Energy Solutions has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include BorgWarner, Cycle Capital and İnci Holding.
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Cycle Capital is engaged in venture capital for clean tech innovations.
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Growth equity capital is provided by GHC Partners for industrial innovation.
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Investor details for Rhombus Energy Solutions
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Investments & Acquisitions by Rhombus Energy Solutions
Investment portfolio details for Rhombus Energy Solutions
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Financial Statements - Rhombus Energy Solutions
Detailed financials for Rhombus Energy Solutions
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Rhombus Energy Solutions Comparisons
Peer comparison for Rhombus Energy Solutions
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Competitors of Rhombus Energy Solutions
Rhombus Energy Solutions 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 Nuvve, Esyasoft, Fermata Energy, Indra and Qovoltis, among others.
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V2G solutions for EV charging and grid services are provided.
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AI-powered solutions for energy grid modernization are provided.
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Vehicle-to-grid systems are developed for electric vehicle energy storage.
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Electric vehicle charging solutions are provided for domestic applications.
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Provider of electric vehicle charging solutions
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Detailed competitors of Rhombus Energy Solutions
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Latest news on Rhombus Energy Solutions
Complete news archive for Rhombus Energy Solutions
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Frequently Asked Questions about Rhombus Energy Solutions
Rhombus Energy Solutions was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Rhombus Energy Solutions is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Rick Sander is the current CEO of Rhombus Energy Solutions. They have also founded this company.
Rhombus Energy Solutions is a funded company, having raised a total of $10.98M across 5 funding rounds to date.
Rhombus Energy Solutions was founded in 2012 in San Diego, United States. Power management and energy storage solutions are designed and developed by the company, with emphasis on energy conversion and control systems. Operations focus on renewable energy integration, microgrids, electric motor control, regenerative energy recovery, and battery management. Products support applications in sustainable power infrastructure across various sectors.
Rhombus Energy Solutions's top competitors include Esyasoft, Fermata Energy and Indra.
Rhombus Energy Solutions has 7 investors. Key investors include BorgWarner, Cycle Capital, İnci Holding, Nabtesco Technology Ventures, and GHC Partners.