When was Canara founded?

Canara was founded in 1992 and raised its 1st funding round 20 years after it was founded.

Where is Canara located?

Canara is headquartered in San Rafael, United States.

How many employees does Canara have?

As of Dec 31, 2022, Canara has 153 employees, reflecting a 11% year-over-year decline in headcount.

Is Canara a funded company?

Canara is a funded company, having raised a total of $26.2M across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Jul 17, 2012.

When was the latest funding round of Canara?

Canara's latest funding was a $***** PE round on Jul 30, 2014, with participation from 1 investor. Its primary sector is Energy Storage Tech. In United States, the Energy Storage Tech sector has seen $5.38B in funding in 2026 to date.

Where does Canara rank among its competitors?

Canara ranks 8th amongst 55 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was CeLLife, which secured $4.6M in Jun, 2026.

Who are the top competitors of Canara?

Canara's top competitors include Glimpse, CeLLife and Insplorion. Among them, CeLLife secured the most recent funding round in June, 2026.

Canara - 2026 Company Profile, Team, Funding & Competitors

Canara is a deadpooled company based in San Rafael (United States), founded in 1992. It operates as an UPS and Battery Monitoring solution. Canara has raised $26.2M in funding from Columbia Capital. The company has 55 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Glimpse, CeLLife and Insplorion.

Company Details

Canara is a privately held, full-service solutions provider serving global markets with UPS and Battery Monitoring Systems and predictive services that ensure mission critical power for data centres and commercial operations. The company has rebranded itself and changed its name to Canara.

Website: canara.com
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Key Metrics

Founded Year

1992

Location

San Rafael, United States

Stage

Deadpooled

Total Funding

$26.2M in 2 rounds

Latest Funding Round

PE, Jul 30, 2014, $*****

Investors

Columbia Capital & 1 more

Ranked

8^th among 55 active competitors

Employee Count

153 as on Dec 31, 2022

Investment & Acquisitions

Power Service Concepts

Similar Companies

Glimpse & 61 more

View Canara's full profile

Canara is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CANARA, INC. CIN: 90-0855545 , United States, Active	Jan 01, 1992	-	153 (As on Dec 31, 2022)	-
CANARA USA INC. CIN: 3764287 , United States, Active		-	30 (As on Dec 31, 2017)	-

Canara has raised a total funding of $26.2M over 2 rounds. Its first funding round was on Jul 17, 2012. Its latest funding round was a PE round on Jul 30, 2014 for $*****. 1 investor participated in its latest round. Canara has 2 institutional investors.

Here is the list of recent funding rounds of Canara:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 30, 2014	9032732	PE	6280960	7605922	5216255	8464755
Jul 17, 2012	9748267	PE	3203401	4996790	Columbia Capital	CBC Capital

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View details of Canara's funding rounds and investors

Canara's employee count trend

Canara has 153 employees as of Dec 22. The total employee count is 11.0% lower than what it was in Dec 21. Here is Canara's employee count trend over the years:

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Top competitors of Canara include Glimpse, CeLLife and Insplorion. Here is the list of Top 10 competitors of Canara, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Glimpse 2023, Somerville (United States), Series A	Battery quality monitoring system	$14M	Ibex Investors, Flybridge Capital Partners ... & 1 others	58/100
2nd	CeLLife 2022, Tampere (Finland), Series A	Technology solution for battery diagnostics and quality control	$6.75M	Ventech, European Innovation Council & 3 others	54/100
3rd	Insplorion 2010, Gothenburg (Sweden), Public	Developer of sensors for hydrogen infrastructure, production, and application	$410K	AP Ventures, EIC Fund & 4 others	49/100
4th	EVident Battery 2023, Somerville (United States), Seed	Battery diagnostic and monitoring solution	$6.25M	Ibex Investors, Automotive Ventures & 2 others	38/100
5th	Entroview 2019, Saint Martin d Heres (France), Seed	Provider of battery diagnostic software	$1.6M	Alliance for Impact, Kima Ventures & 10 others	35/100
6th	PEC 1984, Leuven (Belgium), Unfunded	Manufacturer of battery testing & cell manufacturing machines	-	-	34/100
7th	NOVUM engineering 2013, Dresden (Germany), Seed	Provider of battery diagnostics using patented technology and artificial intelligence	-	HTGF	32/100
8th	Canara 1992, San Rafael (United States), Deadpooled	UPS and Battery Monitoring solution	$26.2M	Columbia Capital, CBC Capital	31/100
9th	Cadex Electronics 1985, Richmond (Canada), Unfunded	Manufacturer of battery analyzers, chargers, rapid testers, and cloud analytics	-	-	30/100
10th	Fujian Xingyun Electronics 2005, Fuzhou (China), Funding Raised	Developer of lithium battery testing & manufacturing equipment and software products	-	Fujian Tuofeng Investment Management, Fortune Capital ... Read more	30/100