About SHYFT Power Solutions
SHYFT Power Solutions is a company based in San Francisco (United States) founded in 2016 by Ugwem I. Eneyo and Cole Stites-Clayton. SHYFT Power Solutions has raised $3.1 million across 4 funding rounds from investors including WeWork, Cisco and Ameren. SHYFT Power Solutions offers products and services including SHYFT Connect App and SHYFT FlexView App. SHYFT Power Solutions operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, Tibber and PowerSecure, among others.
- Headquarter San Francisco, United States
- Founders Ugwem I. Eneyo, Cole Stites-Clayton
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Sectors
TechnologyBusiness Services Energy & 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 Shyft Power Solutions, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.1 M (USD)
in 4 rounds
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Latest Funding Round
$3.1 M (USD), Seed
Apr 12, 2021
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Investors
WeWork
& 6 more
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Employee Count
Employee Count
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Products & Services of SHYFT Power Solutions
SHYFT Power Solutions offers a comprehensive portfolio of products and services, including SHYFT Connect App and SHYFT FlexView App.
App for monitoring and controlling distributed energy resources.
App for viewing and optimizing energy system performance.
People of SHYFT Power Solutions
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Funding Insights of SHYFT Power Solutions
SHYFT Power Solutions has successfully raised a total of $3.1M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $3.1 million completed in April 2021. 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 4
- Last Round Seed — $3.1M
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First Round
First Round
(01 Jun 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Seed - SHYFT Power Solutions | Valuation | TotalEnergies Carbon Neutrality Ventures , WeWork | |
| Oct, 2019 | Amount | Seed - SHYFT Power Solutions | Valuation | Ameren |
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| Jun, 2018 | Amount | Seed - SHYFT Power Solutions | Valuation |
investors |
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Investors in SHYFT Power Solutions
SHYFT Power Solutions has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include WeWork, Cisco and Ameren.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital and infrastructure fund focused on technology and energy sectors
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Founded Year | Domain | Location | |
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Third Sphere is focused on supporting startup founders with early stage capital to reshape global systems.
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Founded Year | Domain | Location | |
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Tech and offline investments are made in Israel and Canada.
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Founded Year | Domain | Location |
Investments & Acquisitions by SHYFT Power Solutions
Financial Statements - SHYFT Power Solutions
Shyft Power Solutions Comparisons
Competitors of SHYFT Power Solutions
SHYFT Power 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 Particle, Signify, Landis+Gyr, Tibber and PowerSecure, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| domain | founded_year | HQ Location |
Energy efficiency and smart grid management solutions
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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Latest news on Shyft Power Solutions
Frequently Asked Questions about SHYFT Power Solutions
SHYFT Power Solutions was founded in 2016 and raised its 1st funding round 1 year after it was founded.
SHYFT Power Solutions is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
SHYFT Power Solutions is a funded company, having raised a total of $3.1M across 4 funding rounds to date.
Provider of IoT-based energy monitoring solutions for commercial spaces. It provides technology solutions for solar energy, power generator, inverters, and utility power. It also provides analytics tools for budget tracking and utility failure prevention.
SHYFT Power Solutions's top competitors include Particle, Landis+Gyr and Signify.
SHYFT Power Solutions offers SHYFT Connect App and SHYFT FlexView App.
SHYFT Power Solutions has 7 investors. Key investors include WeWork, Cisco, Ameren, Total Carbon Neutrality Ventures, and LoftyInc Capital Management.