Power Practical Overview
- Year Founded
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2011
- Status
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Acquired/Merged
- Employees
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8
- Latest Deal Type
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M&A
Power Practical General Information
Description
Manufacturer of lighting equipment intended to provide portable lighting and cooking alternatives. The company's equipment includes light-emitting diodes and portable thermo-electric generators that transform heat from cooking into electricity, thereby enabling customers to avail of utility-focused products and simplify the adventure experience.
Contact Information
Website
powerpractical.comCorporate Office
- 244 West 300 North
- Suite 210
- Salt Lake City, UT 84103
- United States
Corporate Office
- 244 West 300 North
- Suite 210
- Salt Lake City, UT 84103
- United States
Power Practical Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 07-Apr-2020 | Completed | Generating Revenue | |||
| 8. Product Crowdfunding | 01-Mar-2019 | Completed | Generating Revenue | |||
| 7. Product Crowdfunding | 02-Jun-2018 | Completed | Generating Revenue | |||
| 6. Product Crowdfunding | 07-Dec-2016 | Completed | Generating Revenue | |||
| 5. Seed Round | 20-Apr-2016 | Completed | Generating Revenue | |||
| 4. Seed Round | 30-Dec-2014 | Completed | Generating Revenue | |||
| 3. Product Crowdfunding | 06-Nov-2014 | Completed | Generating Revenue | |||
| 2. Product Crowdfunding | 16-Jan-2014 | $73.8K | Completed | Generating Revenue | ||
| 1. Product Crowdfunding | 04-May-2012 | $126K | Completed | Generating Revenue |
Power Practical Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed |
Power Practical Comparisons
Industry
Financing
Details
Power Practical Competitors (1)
One of Power Practical’s competitors is BioLite, a Venture Capital-Backed company based in Brooklyn, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| BioLite | Venture Capital-Backed | Brooklyn, NY |
Power Practical Related Research & Analysis
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Power Practical Signals
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Majestic Referring Domains
Power Practical Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Kickstart (US) | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Park City Angels | Angel Group | Minority |
Power Practical FAQs
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When was Power Practical founded?
Power Practical was founded in 2011.
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Where is Power Practical headquartered?
Power Practical is headquartered in Salt Lake City, UT.
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What is the size of Power Practical?
Power Practical has 8 total employees.
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What industry is Power Practical in?
Power Practical’s primary industry is Electrical Equipment.
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Is Power Practical a private or public company?
Power Practical is a Private company.
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What is Power Practical’s current revenue?
The current revenue for Power Practical is .
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How much funding has Power Practical raised over time?
Power Practical has raised $1.45M.
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Who are Power Practical’s investors?
Kickstart (US), , and Park City Angels have invested in Power Practical.
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Who are Power Practical’s competitors?
BioLite is a competitor of Power Practical.
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When was Power Practical acquired?
Power Practical was acquired on 07-Apr-2020.
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Who acquired Power Practical?
Power Practical was acquired by Thrasio.
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