Powerhive Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 73

Employees

  • Latest Deal Type
  • Reverse Merger
  • (Announced)

  • Investors
  • 12

Powerhive General Information

Description

Developer of a cloud-based software application and proprietary technology platform designed to provide access to microgrid electricity in rural homes. The company's platform develops and operates portfolios of renewable microgrids that supply affordable, reliable and produce electricity to off-grid communities in emerging markets, enabling customers in rural areas to gain access to an affordable electricity supply that can power small appliances and income-generating equipment.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Riara Corporate, Riara Road
  • Suites Number 403, Post Office Box 4533-0200
  • Nairobi
  • Kenya
Primary Industry
Business/Productivity Software
Other Industries
Other Energy Services
Electrical Equipment
Vertical(s)
Corporate Office
  • Riara Corporate, Riara Road
  • Suites Number 403, Post Office Box 4533-0200
  • Nairobi
  • Kenya

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Powerhive Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Reverse Merger 10-Jun-2024 Announced Generating Revenue
9. Later Stage VC 01-Mar-2023 Completed Generating Revenue
8. Secondary Transaction - Private 11-May-2022 Completed Generating Revenue
7. Later Stage VC 05-Apr-2022 Completed Generating Revenue
6. Later Stage VC (Series B) 05-Jul-2019 Completed Generating Revenue
5. Debt - General 13-Dec-2018 Completed Generating Revenue
4. Grant 31-Dec-2017 Completed Generating Revenue
3. Later Stage VC (Series A) 25-Jan-2016 Completed Generating Revenue
2. Corporate 01-Jan-2013 Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view Powerhive’s complete valuation and funding history, request access »

Powerhive Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B
Series A
To view Powerhive’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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Powerhive Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based software application and proprietary technology platform designed to provide access to microg
Business/Productivity Software
Nairobi, Kenya
73 As of 2025

Houston, TX
 

Boulder, CO
 
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Powerhive Competitors (20)

One of Powerhive’s 20 competitors is Stem, a Formerly VC-backed company based in Houston, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Stem Formerly VC-backed Houston, TX
Uplight Private Equity-Backed Boulder, CO
SparkMeter Formerly VC-backed Washington, DC
AutoGrid Private Equity-Backed Redwood City, CA
JLM Energy Formerly PE-Backed Rocklin, CA
You’re viewing 5 of 20 competitors. Get the full list »

Powerhive Patents

Powerhive Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20160161539-A1 Electricity theft detection system Inactive 09-Dec-2014
WO-2016094058-A1 Electricity theft detection system Inactive 09-Dec-2014
EP-2917990-A1 Power management system Active 06-Nov-2012
EP-2917990-A4 Power management system Active 06-Nov-2012
EP-2917990-B1 Power management system Inactive 06-Nov-2012 G05F1/66
To view Powerhive’s complete patent history, request access »

Powerhive Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Powerhive Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Candide Group Impact Investing Minority
Enel Green Power Corporation Minority
Kouros Investment Impact Investing Minority
TO VC (New York) Impact Investing Minority
Toyota Tsusho Corporation Minority
You’re viewing 5 of 12 investors. Get the full list »

Powerhive FAQs

  • When was Powerhive founded?

    Powerhive was founded in 2011.

  • Where is Powerhive headquartered?

    Powerhive is headquartered in Nairobi, Kenya.

  • What is the size of Powerhive?

    Powerhive has 73 total employees.

  • What industry is Powerhive in?

    Powerhive’s primary industry is Business/Productivity Software.

  • Is Powerhive a private or public company?

    Powerhive is a Private company.

  • What is Powerhive’s current revenue?

    The current revenue for Powerhive is .

  • How much funding has Powerhive raised over time?

    Powerhive has raised $75.3M.

  • Who are Powerhive’s investors?

    Candide Group, Enel Green Power, Kouros Investment, TO VC (New York), and Toyota Tsusho are 5 of 12 investors who have invested in Powerhive.

  • Who are Powerhive’s competitors?

    Stem, Uplight, SparkMeter, AutoGrid, and JLM Energy are some of the 20 competitors of Powerhive.

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