Rhombus Energy Solutions Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 41

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $130M

Rhombus Energy Solutions General Information

Description

Developer of power conversion and energy management systems intended for energy storage, microgrids, vehicle charging, and test equipment applications. The company offers standalone products, power conversion modules, semi-custom configurations, as well as contracted product development services, and high-power certification testing, enabling businesses to access a range of power products and services that suit their requirements.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 10915 Technology Place
  • San Diego, CA 92127
  • United States
+1 (888)
Primary Industry
Electrical Equipment
Other Industries
Road
Parent Company
Vertical(s)
CleanTech, Climate Tech, TMT
Corporate Office
  • 10915 Technology Place
  • San Diego, CA 92127
  • United States
+1 (888)

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Rhombus Energy Solutions Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 29-Jul-2022 $130M Completed Generating Revenue
5. Later Stage VC 11-Apr-2022 Completed Generating Revenue
4. Later Stage VC (Series C) 17-Sep-2020 Completed Generating Revenue
3. Debt - PPP 15-Apr-2020 Completed Generating Revenue
2. Early Stage VC (Series B) 21-Dec-2018 $4.03M $6.83M Completed Generating Revenue
1. Early Stage VC (Series A) 25-Mar-2015 $2.8M $2.8M Completed Startup
To view Rhombus Energy Solutions’s complete valuation and funding history, request access »

Rhombus Energy Solutions Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C
Series B
Series A 2,261,644 $0.000100 8% $1.25 $1.25 1x $1.25 8.96%
To view Rhombus Energy Solutions’s complete cap table history, request access »

Rhombus Energy Solutions Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of power conversion and energy management systems intended for energy storage, microgrids, vehicle charging, a
Electrical Equipment
San Diego, CA
41 As of 2022

Monrovia, CA
 

Cambridge, MA
 
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Rhombus Energy Solutions Competitors (10)

One of Rhombus Energy Solutions’s 10 competitors is CODA Energy, a Formerly PE-Backed company based in Monrovia, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
CODA Energy Formerly PE-Backed Monrovia, CA
Malta Venture Capital-Backed Cambridge, MA
LORENTZ Corporation Henstedt-Ulzburg, Germany
JLM Energy Formerly PE-Backed Rocklin, CA
S&C Electric Company Corporation Chicago, IL
You’re viewing 5 of 10 competitors. Get the full list »

Rhombus Energy Solutions Patents

Rhombus Energy Solutions Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230029830-A1 System and method for electric vehicle charger use in non-charging mode Pending 27-Jul-2021
US-20220410757-A1 System and method for sequential power charging switching for electric vehicle(s) Pending 23-Jun-2021
US-20180115160-A1 Peer-to-peer: ac power grid compensation architecture Active 25-Oct-2016
US-10250036-B2 Peer-to-peer: ac power grid compensation architecture Active 25-Oct-2016
US-10574086-B2 Nonlinear control algorithm and system for a single-phase ac-ac converter with bidirectional isolated dc-dc converter Active 08-Apr-2016 H02J9/062
To view Rhombus Energy Solutions’s complete patent history, request access »

Rhombus Energy Solutions Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Rhombus Energy Solutions Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bootstrap Venture Partners Venture Capital Minority
Cycle Capital Venture Capital Minority
Emerald Technology Ventures Venture Capital Minority
Golden Regent Electronics Corporation Minority
Greenhouse Capital Partners Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

Rhombus Energy Solutions Acquisitions (1)

Rhombus Energy Solutions’s most recent deal was a Merger/Acquisition with Energy Development Associates. The deal was made on 31-Mar-2015.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Energy Development Associates 31-Mar-2015 Merger/Acquisition Electrical Equipment
To view Rhombus Energy Solutions’s complete acquisitions history, request access »

Rhombus Energy Solutions FAQs

  • When was Rhombus Energy Solutions founded?

    Rhombus Energy Solutions was founded in 2012.

  • Where is Rhombus Energy Solutions headquartered?

    Rhombus Energy Solutions is headquartered in San Diego, CA.

  • What is the size of Rhombus Energy Solutions?

    Rhombus Energy Solutions has 41 total employees.

  • What industry is Rhombus Energy Solutions in?

    Rhombus Energy Solutions’s primary industry is Electrical Equipment.

  • Is Rhombus Energy Solutions a private or public company?

    Rhombus Energy Solutions is a Private company.

  • What is the current valuation of Rhombus Energy Solutions?

    The current valuation of Rhombus Energy Solutions is .

  • What is Rhombus Energy Solutions’s current revenue?

    The current revenue for Rhombus Energy Solutions is .

  • How much funding has Rhombus Energy Solutions raised over time?

    Rhombus Energy Solutions has raised $22.9M.

  • Who are Rhombus Energy Solutions’s investors?

    Bootstrap Venture Partners, Cycle Capital, Emerald Technology Ventures, Golden Regent Electronics, and Greenhouse Capital Partners are 5 of 9 investors who have invested in Rhombus Energy Solutions.

  • Who are Rhombus Energy Solutions’s competitors?

    CODA Energy, Malta, LORENTZ, JLM Energy, and S&C Electric Company are some of the 10 competitors of Rhombus Energy Solutions.

  • When was Rhombus Energy Solutions acquired?

    Rhombus Energy Solutions was acquired on 29-Jul-2022.

  • Who acquired Rhombus Energy Solutions?

    Rhombus Energy Solutions was acquired by BorgWarner.

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