Upstart Power Overview
- Year Founded
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2017
- Status
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Private
- Employees
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35
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$2.1M
- Investors
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6
Upstart Power General Information
Description
Manufacturer of solid oxide fuel cell generators intended to make distributed electricity generation a reality. The company's generators are cost-effective, dependable, carbon-efficient and silent which produces low-cost, low-emission and dependable electricity from natural gas or propane at the point of use, enabling businesses to get distributed power by harnessing fuel cells, solar and battery to provide long-duration backup.
Contact Information
Website
www.upstartpower.comCorporate Office
- 153 Northboro Road
- Southborough, MA 01772
- United States
Corporate Office
- 153 Northboro Road
- Southborough, MA 01772
- United States
Upstart Power Timeline
Upstart Power Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC | 26-Dec-2024 | $2.1M | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series AA) | 15-Jul-2024 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C2) | Completed | Generating Revenue | ||||
| 5. Later Stage VC (Series C1) | 07-Nov-2022 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 28-Dec-2020 | Completed | Generating Revenue | |||
| 3. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 2. Debt - General | 13-Jan-2020 | $1.6M | Completed | Generating Revenue | ||
| 1. Early Stage VC (Series A) | 04-Sep-2019 | $1.6M | $1.6M | Completed | Startup |
Upstart Power Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series AA |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Upstart Power Comparisons
Industry
Financing
Details
Upstart Power Competitors (1)
One of Upstart Power’s competitors is WATT Fuel Cell, a Venture Capital-Backed company based in Mount Pleasant, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| WATT Fuel Cell | Venture Capital-Backed | Mount Pleasant, PA |
Upstart Power Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Upstart Power Patents
Upstart Power Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4014269-A1 | Sofc-conduction | Pending | 14-Aug-2019 | ||
| AU-2020329309-A1 | Sofc-conduction | Pending | 14-Aug-2019 | ||
| US-20220285716-A1 | Sofc-conduction | Pending | 14-Aug-2019 | ||
| CA-3150382-A1 | Sofc-conduction | Pending | 14-Aug-2019 | ||
| EP-4014269-A4 | Sofc-conduction | Pending | 14-Aug-2019 | H01M8/1231 |
Upstart Power Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Upstart Power Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Cricetus Felix Ventures | Impact Investing | Minority | ||
| H+ Partners | PE/Buyout | Minority | ||
| Itochu | Corporation | Minority | ||
| Enphase Energy | Corporation | Minority | ||
| Rodgers Capital | Venture Capital | Minority |
Upstart Power Acquisitions (1)
Upstart Power’s most recent deal was a Merger/Acquisition with Protonex Technology (Solid Oxide Fuel Cells Business). The deal was made on 03-Jan-2018.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Protonex Technology (Solid Oxide Fuel Cells Business) | 03-Jan-2018 | Merger/Acquisition | Buildings and Property |
Upstart Power FAQs
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When was Upstart Power founded?
Upstart Power was founded in 2017.
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Where is Upstart Power headquartered?
Upstart Power is headquartered in Southborough, MA.
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What is the size of Upstart Power?
Upstart Power has 35 total employees.
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What industry is Upstart Power in?
Upstart Power’s primary industry is Electrical Equipment.
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Is Upstart Power a private or public company?
Upstart Power is a Private company.
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What is Upstart Power’s current revenue?
The current revenue for Upstart Power is .
-
How much funding has Upstart Power raised over time?
Upstart Power has raised $70.4M.
-
Who are Upstart Power’s investors?
Cricetus Felix Ventures, H+ Partners, Itochu, Enphase Energy, and Rodgers Capital are 5 of 6 investors who have invested in Upstart Power.
-
Who are Upstart Power’s competitors?
WATT Fuel Cell is a competitor of Upstart Power.
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