Convergent Energy and Power Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 133

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 4

  • Investments
  • 3

Convergent Energy and Power General Information

Description

Operator of energy storage assets developed to reduce electricity costs, guarantee power quality and reliability and solve infrastructure problems. The company offers various cost-effective energy storage assets and business models ranging from smaller-scale commercial and industrial projects to megawatt-scale grid-level projects, enabling utilities and end-users to solve time-consuming infrastructure problems, manage system peak loads and reduce peak electricity bills.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Energy Storage
Corporate Office
  • 7 Times Square
  • Suite 3504
  • New York, NY 10036
  • United States
+1 (917) 000-0000

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Convergent Energy and Power Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Convergent Energy and Power‘s full profile, request access.

Request a free trial

Convergent Energy and Power Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of energy storage assets developed to reduce electricity costs, guarantee power quality and reliability and sol
Energy Storage
New York, NY
133 As of 2024
00.000
000000000000 00.000

000000

adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna ali
000000 0000000
Houston, TX
00 As of 0000
000.00
00000000000 000.00

000000

tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qu
000000 0000000
Toronto, Canada
000 As of 0000
00000
0000000 0000 00000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Convergent Energy and Power Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Viking Cold Solutions Private Equity-Backed Houston, TX 00 000.00 00000000000 000.00
Hydrostor Private Equity-Backed Toronto, Canada 000 00000 0000000 0000 00000
Spear Power Systems Formerly VC-backed Grandview, MO 00 000.00 000000&0 000.00
EnergyNest Private Equity-Backed Billingstad, Norway 00 00.000 00 000000
Renewable Energy Systems Private Equity-Backed Kings Langley, United Kingdom 0000 00 000000
You’re viewing 5 of 11 competitors. Get the full list »

Convergent Energy and Power Patents

Convergent Energy and Power Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20140279361-A1 System and method for managing the charging and discharging of an energy storage device Active 13-Mar-2013 000000000 0
US-9299107-B2 System and method for managing the charging and discharging of an energy storage device Active 13-Mar-2013 000000000 00

Convergent Energy and Power Executive Team (9)

Name Title Board Seat
Johannes Rittershausen Co-Founder, Chief Executive Officer & Board Member
Frank Genova III Co-Founder, Chief Operating Officer, Chief Financial Officer & Board Member
Donald J. Jenkins Ph.D Chief Operating Officer
Sebastián Villaveces Chief Development Officer
Chris Streeter Chief Information and Risk Officer
You’re viewing 5 of 9 executive team members. Get the full list »

Convergent Energy and Power Board Members (8)

Name Representing Role Since
00000 00000000 Convergent Energy and Power Board Member 000 0000
00000000 000000000 Convergent Energy and Power Co-Founder, Chief Executive Officer & Board Member 000 0000
0000000 00000 Self Board Member 000 0000
You’re viewing 3 of 8 board members. Get the full list »

Convergent Energy and Power Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Convergent Energy and Power Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Convergent Energy and Power‘s full profile, request access.

Request a free trial

Convergent Energy and Power Investments (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Joint Venture (Alectra Energy Solutions / Convergent Energy and Power) 01-Aug-2023 00000 0000 Other Energy 000000 00
SMT Energy (Battery Energy Storage Facility Located in Staten Island, New York) 08-Oct-2021 0000000000 Energy Storage 00000 000
40 MW of Flywheel Projects 27-Apr-2018 Corporate Asset Purchase Other Energy 00000000
To view Convergent Energy and Power’s complete investments history, request access »

Convergent Energy and Power FAQs

  • When was Convergent Energy and Power founded?

    Convergent Energy and Power was founded in 2011.

  • Who is the founder of Convergent Energy and Power?

    Johannes Rittershausen and Frank Genova III are the founders of Convergent Energy and Power.

  • Who is the CEO of Convergent Energy and Power?

    Johannes Rittershausen is the CEO of Convergent Energy and Power.

  • Where is Convergent Energy and Power headquartered?

    Convergent Energy and Power is headquartered in New York, NY.

  • What is the size of Convergent Energy and Power?

    Convergent Energy and Power has 133 total employees.

  • What industry is Convergent Energy and Power in?

    Convergent Energy and Power’s primary industry is Energy Storage.

  • Is Convergent Energy and Power a private or public company?

    Convergent Energy and Power is a Private company.

  • What is Convergent Energy and Power’s current revenue?

    The current revenue for Convergent Energy and Power is 000000.

  • How much funding has Convergent Energy and Power raised over time?

    Convergent Energy and Power has raised $3.82M.

  • Who are Convergent Energy and Power’s investors?

    Energy Capital Partners (Private Equity) has invested in Convergent Energy and Power.

  • Who are Convergent Energy and Power’s competitors?

    Viking Cold Solutions, Hydrostor, Spear Power Systems, EnergyNest, and Renewable Energy Systems are some of the 11 competitors of Convergent Energy and Power.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »