Axiom Exergy - About the company
Axiom Exergy is a series A company based in Berkeley (United States), founded in 2013 by Amrit Robbins and Anthony Diamond. It operates as a Thermal battery system for Commercial power consumers. Axiom Exergy has raised $10.1M in funding from investors like Sierra Angels, Victory Capital and Element 8. The company has 81 active competitors, including 26 funded and 2 that have exited. Its top competitors include companies like Antora, Sunamp and Electrified Thermal.
Company Details
Thermal battery system for Commercial power consumers. The platform provides turnkey energy-management solutions that reduce operational costs and business risk for supermarkets and commercial buildings with high refrigeration-based energy loads. The primary product is a solution that uses existing refrigeration systems in a commercial building or supermarkets to store thermal energy during off-peak hours and deploys it during peak hours. As a result, electricity demand is claimed to be reduced by up to 40 per cent during peak hours. The Refrigeration Battery provides both load-shifting that offsets costly on-peak electricity charges and on-demand backup cooling when power fails. The solution is controlled through backend software which optimizes the Refrigeration Battery’s charge cycle by storing refrigeration when energy costs are lowest and providing cooling services at peak consumption periods.
- Website
- axiomexergy.com
- Email ID
- *****@axiomexergy.com
- Registered Address
- Richmond, California
Key Metrics
Founded Year
2013
Location
Berkeley, United States
Stage
Series A
Total Funding
$10.1M in 3 rounds
Latest Funding Round
Investors
Ranked
10th among 81 active competitors
Employee Count
20 as on Dec 31, 2022
Legal entities associated with Axiom Exergy
Axiom Exergy is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Axiom Cloud Inc. CIN: 85-2071373 , United States, Active | Jul 14, 2020 | - | 9 (As on Dec 31, 2021) | - |
AXIOM EXERGY INC. CIN: 471398376 , United States, Active | Dec 31, 2012 | - | 19 (As on Dec 31, 2019) | - |
Sign up to download Axiom Exergy's company profile
Axiom Exergy's funding and investors
Axiom Exergy has raised a total funding of $10.1M over 3 rounds. Its first funding round was on Apr 22, 2015. Its latest funding round was a Series A round on May 09, 2018 for $*****. 9 investors participated in its latest round. Axiom Exergy has 13 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Axiom Exergy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 09, 2018 | 3030899 | Series A | 3613721 | 9077584 | 8264708 | 5926199 |
Aug 02, 2016 | 4392683 | Series A | 4566314 | 7214777 | 1013430 | |
Apr 22, 2015 | 9705192 | Seed | 4119953 | 3453256 | 2288136 | 6254835 |
View details of Axiom Exergy's funding rounds and investors
Axiom Exergy's founders and board of directors
Founder? Claim ProfileThe founders of Axiom Exergy are Amrit Robbins and Anthony Diamond.
Here are the details of Axiom Exergy's key team members:
- Amrit Robbins: Co-Founder & President of Axiom Exergy and founder of 1 other company. Contact Info: 2 email addresses
- Anthony Diamond: Co-Founder & CTO of Axiom Exergy.
View details of Axiom Exergy's Founder profiles and Board Members
Axiom Exergy's employee count trend
Axiom Exergy has 20 employees as of Dec 22. Here is Axiom Exergy's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Axiom Exergy's Competitors and alternates
Top competitors of Axiom Exergy include Antora, Sunamp and Electrified Thermal. Here is the list of Top 10 competitors of Axiom Exergy, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Antora 2018, Sunnyvale (United States), Series C | Manufacturer of thermal battery | $822M | 66/100 | |
2nd | Sunamp 2006, Edinburgh (United Kingdom), Series B | Manufacturer of thermal energy storage solutions for homes and buildings | $30.4M | 64/100 | |
3rd | Electrified Thermal 2021, Medford (United States), Series B | Developer of novel heat battery for energy storage solutions | $23.5M | 61/100 | |
4th | Rondo Energy 2020, Alameda (United States), Series B | Provider of zero-emission heat solution for industrial applications | $107M | 58/100 | |
5th | MGA Thermal 2019, Newcastle (Australia), Series A | Provider of solutions for thermal energy storage | $47.1M | 58/100 | |
6th | Sage Geosystems 2020, Bellaire (United States), Series B | Developer of geo-thermal energy projects | $154M | 56/100 | |
7th | Skyven Technologies 2013, Richardson (United States), Series A | Solar thermal storage and power generation provider | $6.5M | 55/100 | |
8th | Fourth Power 2021, Cambridge (United States), Series A | Energy storage solutions for grid | $39M | 55/100 | |
9th | Kyoto Group 2016, Lysaker (Norway), Series A | Provider of thermal energy storage solutions for industrial process heat applications | $13.1M | 53/100 | |
10th | Axiom Exergy 2013, Berkeley (United States), Series A | Thermal battery system for Commercial power consumers | $10.1M | 53/100 |
Looking for more details on Axiom Exergy's competitors? Click here to see the top ones
Axiom Exergy's Investments and acquisitions
Axiom Exergy has made no investments or acquisitions yet.
Reports related to Axiom Exergy
Here is the latest report on Axiom Exergy's sector:
News related to Axiom Exergy
•
Fortum to sell its 50% stake in Stockholm Exergi to investor consortiumBioenergy International•Jul 01, 2021•Fortum, Stockholm Exergi, King, Axiom Exergy
•
Axiom Exergy Secures Over $1 Million in Orders for its AI Software for Commercial Refrigeration Systems within Six Months of Product LaunchPR Newswire•Jan 14, 2020•Axiom Exergy
•
Axiom Exergy Announces Grid Services - a New Revenue Stream for Portfolios of Grocery Stores and Cold Storage FacilitiesPR Newswire•Mar 19, 2019•Axiom Exergy, Leap
•
BRIEF-Axiom Exergy Says Raised $7.6 Mln In Series A Funding, Round Was Co-Led By GXP Investments & Shell VenturesReuters•May 09, 2018•Axiom Exergy, GXP Investments, Shell, WorldQuant Ventures and 7 others
•
Axiom Exergy Named to Food Logistics’ 2017 Top Software and Technology ProviderPR Newswire•Dec 19, 2017•Axiom Exergy
•
Americas: Bringing Refrigeration Battery to supermarkets - Food News InternationalFood News International•Aug 31, 2017•Hillphoenix, Axiom Exergy
Are you a Founder ?
FAQs about Axiom Exergy
Explore our recently published companies
- Cars Bazzar - India based, 2017 founded, Unfunded company
- KBP Developers - India based, Unfunded company
- Superb Enterprises India - India based, 2008 founded, Unfunded company
- Slaney Healthcare - Ahmedabad based, Acquired company
- Surfers Mag - Germany based, Unfunded company
- Wugen - Funding Raised company
