ReliOn Overview

  • Year Founded
  • 1995

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 70

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $4M

ReliOn General Information

Description

Provider of fuel cells for backup power and grid-support applications. The company's products include outdoor enclosures, fuel cell systems, outdoor configurations, fuel cell systems and outdoor configurations.

Contact Information

Website
www.relion-inc.com
Formerly Known As
Avista Laboratories
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 15913 East Euclid Avenue
  • Spokane Valley, WA 99216
  • United States
+1 (509)
Primary Industry
Alternative Energy Equipment
Other Industries
Other Equipment
Acquirer
Plug Power
Vertical(s)
CleanTech, Impact Investing, TMT
Corporate Office
  • 15913 East Euclid Avenue
  • Spokane Valley, WA 99216
  • United States
+1 (509)

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ReliOn Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 02-Apr-2014 $4M Completed Generating Revenue
7. Later Stage VC 24-Jan-2013 Completed Generating Revenue
6. Later Stage VC (Series A2) 16-Feb-2012 Completed Product Development
5. Later Stage VC (Series D) 07-Apr-2011 Completed Generating Revenue
4. Later Stage VC (Series C) 28-Apr-2008 Completed Generating Revenue
3. Later Stage VC (Series B) 26-Apr-2006 Completed Generating Revenue
2. Later Stage VC (Series B) 04-Nov-2004 $24.8M $37.3M Completed Generating Revenue
1. Early Stage VC (Series A) 01-Jul-2003 $12.5M $12.5M Completed Product Development
To view ReliOn’s complete valuation and funding history, request access »

ReliOn Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series D
Series C
Series B
Series A 13,000,000 $0.001000 7% $1 $1 1x $1 14.45%
Junior Preferred 3,000,000 $0.001000 7% $1 $1 1x $1 3.33%
To view ReliOn’s complete cap table history, request access »

ReliOn Patents

  • 118

    Total Documents Applications and Grants

  • Total Patents Families

  • 20

    Granted

  • 2

    Pending

  • Expiring in next 12 mo

ReliOn Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20080032174-A1 Proton exchange membrane fuel cells and electrodes Inactive 21-Nov-2005
AU-2006317656-A1 Proton exchange membrane fuel cell and method of forming a fuel cell Inactive 21-Nov-2005
EP-1952464-A2 Proton exchange membrane fuel cell and method of forming a fuel cell Inactive 21-Nov-2005
CA-2626932-A1 Proton exchange membrane fuel cell and method of forming a fuel cell Inactive 21-Nov-2005
EP-1952464-A4 Proton exchange membrane fuel cell and method of forming a fuel cell Inactive 21-Nov-2005 H01M4/8605
To view ReliOn’s complete patent history, request access »

ReliOn Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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ReliOn Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Allianz Capital Partners Fund of Funds Minority
Avista (US) Corporation Minority
Bridgescale Venture Capital Minority
Chrysalix Venture Capital VC-Backed Company Minority
Cummins Corporation Minority
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ReliOn FAQs

  • When was ReliOn founded?

    ReliOn was founded in 1995.

  • Where is ReliOn headquartered?

    ReliOn is headquartered in Spokane Valley, WA.

  • What is the size of ReliOn?

    ReliOn has 70 total employees.

  • What industry is ReliOn in?

    ReliOn’s primary industry is Alternative Energy Equipment.

  • Is ReliOn a private or public company?

    ReliOn is a Private company.

  • What is the current valuation of ReliOn?

    The current valuation of ReliOn is .

  • What is ReliOn’s current revenue?

    The current revenue for ReliOn is .

  • How much funding has ReliOn raised over time?

    ReliOn has raised $86.3M.

  • Who are ReliOn’s investors?

    Allianz Capital Partners, Avista (US), Bridgescale, Chrysalix Venture Capital, and Cummins are 5 of 11 investors who have invested in ReliOn.

  • When was ReliOn acquired?

    ReliOn was acquired on 02-Apr-2014.

  • Who acquired ReliOn?

    ReliOn was acquired by Plug Power.

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