Promethean Power Systems Overview

  • Founded
  • 2007
Founded
  • Status
  • Private
  • Employees
  • 35
Employees
  • Latest Deal Type
  • Series B
  • Latest Deal Amount
  • $1000K
Latest Deal Amount
  • Investors
  • 21

Promethean Power Systems General Information

Description

Manufacturer of rural refrigeration systems intended to offer energy batteries for commercial cold storage in developing countries. The company's system offers thermal-energy-storage-based refrigeration and also offers a cost-effective technology for cold-chain food distribution, enabling businesses to reliably store and preserve perishable food items without requiring the back-up of a diesel generator.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electrical Equipment
Primary Office
  • 28 Dane Street
  • Somerville, MA 02143
  • United States
+1 (775) 000-0000
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Promethean Power Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC (Series B) 21-Jan-2020 $1000K 00.000 000 Completed Generating Revenue
9. Accelerator/Incubator 01-Jan-2017 00.000 Completed Generating Revenue
8. Accelerator/Incubator 00.000 Completed Startup
7. Grant 14-Dec-2011 00000 00.000 Completed Startup
6. Accelerator/Incubator 01-Jan-2011 00.000 Completed Startup
5. Early Stage VC (Series A1) 19-Mar-2010 00000 00.000 00.000 Completed Startup
4. Accelerator/Incubator 01-Jan-2010 00000 Completed Startup
3. Early Stage VC (Series A) 06-Oct-2008 00000 00000 00.000 Completed Startup
2. Grant 01-Jan-2007 $10K Completed Startup
1. Accelerator/Incubator Completed Startup
To view Promethean Power Systems’s complete valuation and funding history, request access »

Promethean Power Systems Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.00
Series A1 0,000,000 00.000000 00 00 00 00 00 00.000
Series A 649,627 $0.001000 6% $1 $1 1x $1 8.32%
To view Promethean Power Systems’s complete cap table history, request access »

Promethean Power Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Manufacturer of rural refrigeration systems intended to offer energy batteries for commercial cold storage in developing
Electrical Equipment
Somerville, MA
35 As of 2021
00.000
00 0000-00-00
00000000000 00.000

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000000000 (000)
Charlotte, NC

0&0 0000

mod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exerci
000000000 (000)
Federalsburg, MD
000000000 -
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Promethean Power Systems Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cooling Technology Corporation Charlotte, NC
0&0 0000000000000 Private Equity-Backed Federalsburg, MD 000000000 -
You’re viewing 2 of 2 competitors. Get the full list »

Promethean Power Systems Executive Team (6)

Name Title Board Seat Contact Info
Jitendra Ghelani Chief Executive Officer, Chief Financial Officer & Board Member
Jofi Joseph Director, Sales & Marketing
Chhaya Palrecha Head of Finance
Prakash Ratha Head, Product & Technology
Sam White Co-Founder & Board Member
You’re viewing 5 of 6 executive team members. Get the full list »

Promethean Power Systems Board Members (4)

Name Representing Role Since
Ambarish Vaidya Promethean Power Systems Board Member 000 0000
Karthik Chandrasekar Self Board Member 000 0000
Sam White Self Co-Founder & Board Member 000 0000
Sorin Grama Promethean Power Systems Co-Founder & Board Member 000 0000
To view Promethean Power Systems’s complete board members history, request access »

Promethean Power Systems Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Promethean Power Systems Investors (21)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Acumen Fund Impact Investing Minority 000 0000 000000 0
First Light Ventures Other Minority 000 0000 000000 0
Gray Matters Capital Impact Investing Minority 000 0000 000000 0
ImpactAssets Impact Investing Minority 000 0000 000000 0
John Hardman Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 21 investors. Get the full list »