Petra Systems Overview
- Year Founded
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2006

- Status
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Private
- Employees
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30

- Latest Deal Type
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2ndary - Private
- Investors
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7
Petra Systems General Information
Description
Developer of clean energy technology designed to offer a smart streetlight network. The company's technology combines energy efficiency, renewable energy, and mobile data offload services with existing streetlight infrastructure to transform assets into the springboard for economically sound, 5G-ready Smart Cities, enabling municipalities, utilities, and mobile carriers to create revenue-generating streetlight networks and enhancing the quality of life
Contact Information
Website
petra.onke.comCorporate Office
- One Cragwood Road
- Suite 303
- South Plainfield, NJ 07080
- United States
Corporate Office
- One Cragwood Road
- Suite 303
- South Plainfield, NJ 07080
- United States
Petra Systems Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Secondary Transaction - Private | Completed | Profitable | ||||
4. Secondary Transaction - Private | 01-Jan-2021 | Completed | Profitable | |||
3. Grant | 17-Sep-2010 | Completed | Profitable | |||
2. Early Stage VC (Series B) | 08-Feb-2010 | $40M | $54M | Completed | Profitable | |
1. Early Stage VC (Series A) | 23-May-2007 | $14M | $14M | Completed | Profitable |
Petra Systems Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A |
Petra Systems Comparisons
Industry
Financing
Details
Petra Systems Competitors (21)
One of Petra Systems’s 21 competitors is Sonnen, a Formerly VC-backed company based in Wildpoldsried, Germany.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Sonnen | Formerly VC-backed | Wildpoldsried, Germany | ||||
Enphase Energy | Formerly VC-backed | Fremont, CA | ||||
Dynapower | Formerly PE-Backed | South Burlington, VT | ||||
SunPower (Alternative Energy Equipment) | Corporate Backed or Acquired | Richmond, CA | ||||
REC Solar (San Luis Obispo) | Private Equity-Backed | San Luis Obispo, CA |
Petra Systems Patents
Petra Systems Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
EP-3488625-A1 | Integrated street light controller and small cell | Inactive | 20-Jul-2016 | ||
US-20180027359-A1 | Integrated street light controller and small cell | Inactive | 20-Jul-2016 | ||
US-20190274021-A1 | Integrated street light controller and small cell | Inactive | 20-Jul-2016 | H04W4/70 |
Petra Systems Signals
Petra Systems Investors (7)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Sandia National Laboratories | Corporation | |||
U.S. Department of Energy | Government | |||
Arsenal Growth | Growth/Expansion | Minority | ||
Craton Equity Partners | PE/Buyout | Minority | ||
EnerTech Holding Company | Venture Capital | Minority |
Petra Systems Acquisitions (1)
Petra Systems’s most recent deal was a Merger/Acquisition with EnergyFlow Consulting. The deal was made on 20-Oct-2011.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
EnergyFlow Consulting | 20-Oct-2011 | Merger/Acquisition | IT Consulting and Outsourcing |
Petra Systems FAQs
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When was Petra Systems founded?
Petra Systems was founded in 2006.
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Where is Petra Systems headquartered?
Petra Systems is headquartered in South Plainfield, NJ.
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What is the size of Petra Systems?
Petra Systems has 30 total employees.
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What industry is Petra Systems in?
Petra Systems’s primary industry is Alternative Energy Equipment.
-
Is Petra Systems a private or public company?
Petra Systems is a Private company.
-
What is Petra Systems’s current revenue?
The current revenue for Petra Systems is
. -
How much funding has Petra Systems raised over time?
Petra Systems has raised $54M.
-
Who are Petra Systems’s investors?
Sandia National Laboratories, U.S. Department of Energy, Arsenal Growth, Craton Equity Partners, and EnerTech Holding Company are 5 of 7 investors who have invested in Petra Systems.
-
Who are Petra Systems’s competitors?
Sonnen, Enphase Energy, Dynapower, SunPower (Alternative Energy Equipment), and REC Solar (San Luis Obispo) are some of the 21 competitors of Petra Systems.
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