FlexGen (Energy Storage) Overview
- Year Founded
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2009
- Status
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Private
- Employees
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222
- Latest Deal Type
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Debt
- Latest Deal Amount
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$75M
- Investors
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6
FlexGen (Energy Storage) General Information
Description
Developer of energy storage technology intended to deliver utility-scale battery storage projects by taking a functionality and software-first approach. 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, 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.comCorporate Office
- 280 South Mangum Street
- Suite 150
- Durham, NC 27701
- United States
Corporate Office
- 280 South Mangum Street
- Suite 150
- Durham, NC 27701
- United States
FlexGen (Energy Storage) Timeline
FlexGen (Energy Storage) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Debt - General | 26-Nov-2024 | $75M | Completed | Generating Revenue | ||
| 4. Later Stage VC (Series C) | 15-Jul-2022 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 25-Aug-2021 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series A) | 29-Jul-2015 | $25.5M | $25.5M | Completed | Generating Revenue | |
| 1. Grant | $1M | Completed | Generating Revenue |
FlexGen (Energy Storage) 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 | 42,892,131 | $0.001000 | $0.7 | $0.7 | 1x | $0.7 | 27.79% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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FlexGen (Energy Storage) Comparisons
Industry
Financing
Details
FlexGen (Energy Storage) Competitors (2)
One of FlexGen (Energy Storage)’s 2 competitors is Stem, a Formerly VC-backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Stem | Formerly VC-backed | San Francisco, CA | ||||
| Powin | Private Equity-Backed | Tualatin, OR |
FlexGen (Energy Storage) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
FlexGen (Energy Storage) Patents
FlexGen (Energy Storage) 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 | ||
| AU-2022353021-A1 | Electrical systems and methods using high capacity local bus supported by energy storage | Pending | 22-Sep-2021 | ||
| CA-3232790-A1 | Electrical systems and methods using high capacity local bus supported by energy storage | Pending | 22-Sep-2021 | ||
| EP-4406081-A1 | Electrical systems and methods using high capacity local bus supported by energy storage | Pending | 22-Sep-2021 | ||
| US-20200139178-A1 | Apparatus and methods for battery fire suppression using multi-port extinguishing agent distribution | Pending | 02-Nov-2018 | A62C37/12 |
FlexGen (Energy Storage) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
FlexGen (Energy Storage) Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BlackForest Ventures | Family Office | Minority | ||
| Vitol | Corporation | Minority | ||
| Apollo Global Management | PE/Buyout | Minority | ||
| Altira Group | Venture Capital | Minority | ||
| Caterpillar Venture Capital | Corporate Venture Capital | Minority |
FlexGen (Energy Storage) FAQs
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When was FlexGen (Energy Storage) founded?
FlexGen (Energy Storage) was founded in 2009.
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Where is FlexGen (Energy Storage) headquartered?
FlexGen (Energy Storage) is headquartered in Durham, NC.
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What is the size of FlexGen (Energy Storage)?
FlexGen (Energy Storage) has 222 total employees.
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What industry is FlexGen (Energy Storage) in?
FlexGen (Energy Storage)’s primary industry is Energy Storage.
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Is FlexGen (Energy Storage) a private or public company?
FlexGen (Energy Storage) is a Private company.
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What is FlexGen (Energy Storage)’s current revenue?
The current revenue for FlexGen (Energy Storage) is .
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How much funding has FlexGen (Energy Storage) raised over time?
FlexGen (Energy Storage) has raised $351M.
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Who are FlexGen (Energy Storage)’s investors?
BlackForest Ventures, Vitol, Apollo Global Management, Altira Group, and Caterpillar Venture Capital are 5 of 6 investors who have invested in FlexGen (Energy Storage).
-
Who are FlexGen (Energy Storage)’s competitors?
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