FlexGen Power Systems Overview
- Founded
-
2009

- Status
-
Private
- Employees
-
189

- Latest Deal Type
-
Series C
- Latest Deal Amount
-
$100M
- Investors
-
5
FlexGen Power Systems General Information
Description
Developer of energy storage technology and software created for the utilities and industrial sectors as well as government agencies. The company's platform integrates all levels of utility and microgrid projects and the physical energy storage systems products as well as provides remote operational support, and preventative maintenance and delivers utility-scale storage projects integrated with traditional and renewable power generation globally, enabling clients to effectively manage energy production and storage to reduce costs.
Contact Information
Website
www.flexgen.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Energy Storage
Other Industries
Business/Productivity Software
Primary Office
- 280 South Magnum Street
- Suite 150
- Durham, NC 27701
- United States
+1 (855) 000-0000
FlexGen Power Systems Timeline
FlexGen Power Systems Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Later Stage VC (Series C) | 15-Jul-2022 | $100M | 00000 | 00000 | Completed | Generating Revenue |
4. Later Stage VC (Series B) | 25-Aug-2021 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
3. Later Stage VC | 14-Sep-2018 | 00.00 | 000.00 | Completed | Generating Revenue | |
2. Later Stage VC (Series A) | 29-Jul-2015 | $25.5M | $25.5M | 000.00 | Completed | Generating Revenue |
1. Grant | $1M | Completed | Generating Revenue |
FlexGen Power Systems Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Series B | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Series A | 42,892,131 | $0.001000 | $0.7 | $0.7 | 1x | $0.7 | 30.57% |
FlexGen Power Systems Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of energy storage technology and software created for the utilities and industrial sectors as well as governme
Energy Storage
Durham, NC
189
As of 2023
00000
0000
0000-00-00
00000000000
00000
FlexGen Power Systems Competitors (2)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Stem | Formerly VC-backed | San Francisco, CA | 000 | 00000 | 000000000 | 00000 |
00000 | Private Equity-Backed | Tualatin, OR | 000 | 00000 | 0000000 0000 | 00000 |
FlexGen Power Systems Patents
FlexGen Power Systems Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230088380-A1 | Electrical systems and methods using high capacity local bus supported by energy storage | Pending | 22-Sep-2021 | 00000000 | |
US-20200139178-A1 | Apparatus and methods for battery fire suppression using multi-port extinguishing agent distribution | Pending | 02-Nov-2018 | 000000000 | 0 |
EP-3782253-A1 | Apparatus and methods for soft grid interconnection of distributed generation assets | Pending | 19-Apr-2018 | 000000000 | |
US-20210083482-A1 | Apparatus and methods for soft grid interconnection of distributed generation assets | Active | 19-Apr-2018 | 000000000 | |
US-11362519-B2 | Apparatus and methods for soft grid interconnection of distributed generation assets | Active | 19-Apr-2018 | H02J3/381 | 0 |
FlexGen Power Systems Executive Team (17)
FlexGen Power Systems Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
David Mannon | FlexGen Power Systems | Advisory Board Member | 000 0000 |
Dirk McDermott | Altira Group | Board Member | 000 0000 |
Jerrold Miller | Self | Board Member | 000 0000 |
J.P. Bauman | Altira Group | Board Member | 000 0000 |
FlexGen Power Systems Signals
FlexGen Power Systems Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Vitol | Corporation | Minority | 000 0000 | 000000 0 | |
Apollo Global Management | Asset Manager | Minority | 000 0000 | 000000 0 | |
Altira Group | Venture Capital | Minority | 000 0000 | 000000 0 | |
Caterpillar Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
Texas State Comptroller | Government | 000 0000 | 000000 0 |