About UGOWORK
UGOWORK is a company based in Quebec City (Canada) founded in 2015.. UGOWORK has raised $74.15 million across 6 funding rounds from investors including Desjardins, Export Development Canada and Fonds de solidarite FTQ. UGOWORK offers products and services including Lithium-ion Batteries, Charging Station, and Energy Management Platform. UGOWORK operates in a competitive market with competitors including Livguard, Exide, LG Chem, East Penn Manufacturing Co. and Amara Raja Group, among others.
- Headquarter Quebec City, Canada
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ingeniarts Technologies Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$74.15 M (USD)
in 6 rounds
-
Latest Funding Round
-
Investors
Desjardins
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of UGOWORK
UGOWORK offers a comprehensive portfolio of products and services, including Lithium-ion Batteries, Charging Station, and Energy Management Platform. 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.
High-performance batteries for forklifts in material handling.
Multi-voltage charging system for lithium-ion batteries.
Cloud-based platform for fleet optimization and energy monitoring.
Funding Insights of UGOWORK
UGOWORK has successfully raised a total of $74.15M across 6 strategic funding rounds. 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 6
- Last Round Last Round
-
First Round
First Round
(31 Aug 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series C - UGOWORK | Valuation | Fonds de solidarite FTQ | |
| Jul, 2024 | Amount | Debt – Conventional - UGOWORK | Valuation |
investors |
|
| Jun, 2023 | Amount | Grant - UGOWORK | 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 UGOWORK
UGOWORK has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Desjardins, Export Development Canada and Fonds de solidarite FTQ. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Financial support is offered for energy efficiency innovations in Canada.
|
Founded Year | Domain | Location | |
|
Offers savings plans, investments, and financing for businesses and individuals.
|
Founded Year | Domain | Location | |
|
Business guidance for corporate companies and startups
|
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 UGOWORK
| 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 - UGOWORK
| 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 |
Ugowork Comparisons
Competitors of UGOWORK
UGOWORK 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 Livguard, Exide, LG Chem, East Penn Manufacturing Co. and Amara Raja Group, 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 |
Automotive batteries and solar products are manufactured by Livguard.
|
|
| domain | founded_year | HQ Location |
Automotive power storage systems are manufactured and supplied worldwide.
|
|
| domain | founded_year | HQ Location |
Manufacturer and supplier of automotive battery to OEMs
|
|
| domain | founded_year | HQ Location |
Batteries and wiring products are manufactured for vehicles and industries.
|
|
| domain | founded_year | HQ Location |
Batteries and automotive components are manufactured by Amara Raja Group.
|
| 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 Ugowork
Frequently Asked Questions about UGOWORK
When was UGOWORK founded?
UGOWORK was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is UGOWORK located?
UGOWORK is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Is UGOWORK a funded company?
UGOWORK is a funded company, having raised a total of $74.15M across 6 funding rounds to date. The company's 1st funding round was a Grant of $3.2M, raised on Aug 31, 2016.
What does UGOWORK do?
UGOWORK was established in 2015 in Quebec City, Canada, within the manufacturing sector. Forklift batteries are produced by the company to support material handling operations. Focus is placed on battery design and assembly tailored for forklifts. The operations are based in Quebec City, serving regional and broader markets. The website ugowork.com is maintained for information and inquiries.
Who are the top competitors of UGOWORK?
UGOWORK's top competitors include Amara Raja Group, LG Chem and Livguard.
What products or services does UGOWORK offer?
UGOWORK offers Lithium-ion Batteries, Charging Station, and Energy Management Platform.
Who are UGOWORK's investors?
UGOWORK has 6 investors. Key investors include Desjardins, Export Development Canada, Fonds de solidarite FTQ, Invest Quebec, and Centre d'excellence en efficacité énergétique.