Shyft Power Solutions Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 21

Employees

  • Latest Deal Type
  • M&A

Shyft Power Solutions General Information

Description

Developer of an energy management platform designed to simplify the management of distributed energy resources. The company's platform utilizes the Internet of Things to monitor and control assets, manage power sources and communicate energy consumption data, enabling real estate developers, solar providers and business owners to monitor, manage and control power sources, improve energy efficiency and save money.

Contact Information

Website
www.shyftpower.com
Formerly Known As
Solstice Energy Solutions
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 8000 Edgewater Drive
  • Suite 200
  • Oakland, CA 94621
  • United States
Primary Industry
Business/Productivity Software
Other Industries
Other Hardware
Environmental Services (B2B)
Parent Company
SteamaCo
Vertical(s)
Advanced Manufacturing, Internet of Things
Corporate Office
  • 8000 Edgewater Drive
  • Suite 200
  • Oakland, CA 94621
  • United States

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Shyft Power Solutions Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
16. Merger/Acquisition 05-Nov-2024 Completed Generating Revenue
15. Early Stage VC Completed Generating Revenue
14. Secondary Transaction - Private 02-Nov-2022 Completed Generating Revenue
13. Secondary Transaction - Private 11-May-2022 Completed Generating Revenue
12. Accelerator/Incubator 29-Sep-2021 Completed Generating Revenue
11. Seed Round 14-Apr-2021 Completed Generating Revenue
10. Seed Round 15-Jun-2020 Completed Generating Revenue
9. Accelerator/Incubator 04-Nov-2019 Completed Generating Revenue
8. Seed Round 25-Oct-2018 $75K $180K Completed Generating Revenue
7. Grant 10-Oct-2018 $25K $105K Completed Generating Revenue
To view Shyft Power Solutions’s complete valuation and funding history, request access »

Shyft Power Solutions Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 3

    Pending

  • Expiring in next 12 mo

Shyft Power Solutions Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2019308533-A1 Apparatuses, methods and systems for intelligent and flexible transfer switches Inactive 15-Jul-2018
EP-3821517-A1 Apparatuses, methods and systems for intelligent and flexible transfer switches Pending 15-Jul-2018
EP-3821517-A4 Apparatuses, methods and systems for intelligent and flexible transfer switches Pending 15-Jul-2018
US-20210135489-A1 Apparatuses, methods and systems for intelligent and flexible transfer switches Pending 15-Jul-2018 H02J13/00004

Shyft Power Solutions 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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Shyft Power Solutions Former Investors (33)

Investor Name Investor Type Holding Investor Since Participating Rounds
ADAP Capital Venture Capital Minority
African Diaspora Network Accelerator/Incubator
Ameren Accelerator Accelerator/Incubator Minority
Backstage Capital VC-Backed Company Minority
Berkeley Energy and Climate Institute University
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Shyft Power Solutions FAQs

  • When was Shyft Power Solutions founded?

    Shyft Power Solutions was founded in 2016.

  • Where is Shyft Power Solutions headquartered?

    Shyft Power Solutions is headquartered in Oakland, CA.

  • What is the size of Shyft Power Solutions?

    Shyft Power Solutions has 21 total employees.

  • What industry is Shyft Power Solutions in?

    Shyft Power Solutions’s primary industry is Business/Productivity Software.

  • Is Shyft Power Solutions a private or public company?

    Shyft Power Solutions is a Private company.

  • What is Shyft Power Solutions’s current revenue?

    The current revenue for Shyft Power Solutions is .

  • How much funding has Shyft Power Solutions raised over time?

    Shyft Power Solutions has raised $4.13M.

  • Who are Shyft Power Solutions’s investors?

    ADAP Capital, African Diaspora Network, Ameren Accelerator, Backstage Capital, and Berkeley Energy and Climate Institute are 5 of 33 investors who have invested in Shyft Power Solutions.

  • When was Shyft Power Solutions acquired?

    Shyft Power Solutions was acquired on 05-Nov-2024.

  • Who acquired Shyft Power Solutions?

    Shyft Power Solutions was acquired by SteamaCo.

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