FlexGen Power Systems Overview
- Year Founded
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2009
- Status
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Private
- Employees
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215
- Latest Deal Type
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Series C
- Latest Deal Amount
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$100M
- Investors
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6
FlexGen Power Systems General Information
Description
Developer of energy storage technology and software created for the utilities, industrial sectors, and 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.comCorporate Office
- 280 South Magnum Street
- Suite 150
- Durham, NC 27701
- United States
Corporate Office
- 280 South Magnum Street
- Suite 150
- Durham, NC 27701
- United States
FlexGen Power Systems Timeline
FlexGen Power Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series C) | 15-Jul-2022 | $100M | 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 Power Systems 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% |
FlexGen Power Systems Comparisons
Industry
Financing
Details
FlexGen Power Systems Competitors (2)
One of FlexGen Power Systems’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 Power Systems Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
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 | ||
| 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 Power Systems Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
FlexGen Power Systems 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 Power Systems FAQs
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When was FlexGen Power Systems founded?
FlexGen Power Systems was founded in 2009.
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Where is FlexGen Power Systems headquartered?
FlexGen Power Systems is headquartered in Durham, NC.
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What is the size of FlexGen Power Systems?
FlexGen Power Systems has 215 total employees.
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What industry is FlexGen Power Systems in?
FlexGen Power Systems’s primary industry is Energy Storage.
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Is FlexGen Power Systems a private or public company?
FlexGen Power Systems is a Private company.
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What is the current valuation of FlexGen Power Systems?
The current valuation of FlexGen Power Systems is .
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What is FlexGen Power Systems’s current revenue?
The current revenue for FlexGen Power Systems is .
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How much funding has FlexGen Power Systems raised over time?
FlexGen Power Systems has raised $276M.
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Who are FlexGen Power Systems’s investors?
BlackForest Ventures, Vitol, Apollo Global Management, Altira Group, and Caterpillar Venture Capital are 5 of 6 investors who have invested in FlexGen Power Systems.
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Who are FlexGen Power Systems’s competitors?
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