PowerDev Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 16

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 12

PowerDev General Information

Description

Developer of a data analysis tool intended for energy market investment and management processes. The company's platform combines the energy market big data collected from multiple sources and presents it to users, enabling businesses to make data-driven investment decisions including battery investment in renewable energy production and storage processes, and managing this distributed process.

Contact Information

Website
www.power.dev
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 16192 Coastal Highway
  • Lewes, DE 19958
  • United States
+1 (512)
Primary Industry
Other Energy Services
Other Industries
Media and Information Services (B2B)
Business/Productivity Software
Vertical(s)
CleanTech, Big Data, Artificial Intelligence & Machine Learning
Corporate Office
  • 16192 Coastal Highway
  • Lewes, DE 19958
  • United States
+1 (512)

PowerDev Timeline

202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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

PowerDev Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Accelerator/Incubator Completed Generating Revenue
8. Accelerator/Incubator 01-Nov-2023 Completed Generating Revenue
7. Early Stage VC 13-Sep-2023 Completed Generating Revenue
6. Accelerator/Incubator 12-Jul-2023 Completed Generating Revenue
5. Accelerator/Incubator 31-Mar-2023 Completed Product In Beta Test
4. Accelerator/Incubator 06-Jun-2022 Completed Product In Beta Test
3. Accelerator/Incubator 21-Mar-2022 Completed Product In Beta Test
2. Early Stage VC 01-Mar-2022 $304K $304K Completed Product In Beta Test
1. Accelerator/Incubator 01-Jan-2022 Completed Startup
To view PowerDev’s complete valuation and funding history, request access »

PowerDev Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a data analysis tool intended for energy market investment and management processes. The company's platform
Other Energy Services
Lewes, DE
16 As of 2024

Denver, CO
 

Boulder, CO
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

PowerDev Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Energy Acuity Private Equity-Backed Denver, CO
HOMER Energy Formerly VC-backed Boulder, CO
Yes Energy Private Equity-Backed Boulder, CO
Ascend Analytics Private Equity-Backed Boulder, CO
Anderson Optimization Corporate Backed or Acquired CO
You’re viewing 5 of 9 competitors. Get the full list »

PowerDev Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 1

    Pending

  • Expiring in next 12 mo

PowerDev Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-2148027-A1 Power machine Pending 28-Sep-1970

PowerDev Executive Team (2)

Name Title Board Seat
Mustafa Koroglu Co-Founder, Chief Executive Officer & Chairman
Mehmet Ötkün Co-Founder, Chief Technology Officer & Board Member
To view PowerDev’s complete executive team members history, request access »

PowerDev Board Members (2)

Name Representing Role Since
Mehmet Ötkün PowerDev Co-Founder, Chief Technology Officer & Board Member
Mustafa Koroglu PowerDev Co-Founder, Chief Executive Officer & Chairman
To view PowerDev’s complete board members history, request access »

PowerDev Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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

Request a free trial

PowerDev Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
MaRS Discovery District Limited Partner Minority
Fulcrum Capital Group PE/Buyout Minority
Creative Destruction Lab Accelerator/Incubator
Microsoft Corporation
Garanti BBVA Partners Accelerator/Incubator
You’re viewing 5 of 12 investors. Get the full list »

Ready to get started?

Request a free trial

PowerDev FAQs

  • When was PowerDev founded?

    PowerDev was founded in 2021.

  • Who is the founder of PowerDev?

    Mustafa Koroglu and Mehmet Ötkün are the founders of PowerDev.

  • Who is the CEO of PowerDev?

    Mustafa Koroglu is the CEO of PowerDev.

  • Where is PowerDev headquartered?

    PowerDev is headquartered in Lewes, DE.

  • What is the size of PowerDev?

    PowerDev has 16 total employees.

  • What industry is PowerDev in?

    PowerDev’s primary industry is Other Energy Services.

  • Is PowerDev a private or public company?

    PowerDev is a Private company.

  • What is PowerDev’s current revenue?

    The current revenue for PowerDev is .

  • How much funding has PowerDev raised over time?

    PowerDev has raised $2.5M.

  • Who are PowerDev’s investors?

    MaRS Discovery District, Fulcrum Capital Group, Creative Destruction Lab, Microsoft, and Garanti BBVA Partners are 5 of 12 investors who have invested in PowerDev.

  • Who are PowerDev’s competitors?

    Energy Acuity, HOMER Energy, Yes Energy, Ascend Analytics, and Anderson Optimization are some of the 9 competitors of PowerDev.

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 »