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KORE Power - About the company
KORE Power is an acquired company based in Idaho Falls (United States), founded in 2018 by Lindsay Gorrill. It operates as a Developer of battery cells, energy storage systems, and e-mobility solutions. KORE Power has raised $75.1M in funding from Siemens. The company has 163 active competitors, including 38 funded and 25 that have exited. Its top competitors include companies like A123 Systems, Northvolt and Farasis Energy.
Company Details
Developer of battery cells, energy storage systems, and e-mobility solutions. The company manufactures cell and scalable block products for commercial, industrial, and grid-scale applications. It provides energy storage and EV charging solutions. The company also offers an asset management platform for remote monitoring.
- Website
- korepower.com
- Social
- Email ID
- *****@korepower.com
- Phone Number
- +1 **********
- Registered Address
- Coeur D Alene, Idaho
Key Metrics
Founded Year
2018
Location
Idaho Falls, United States
Stage
Acquired
Total Funding
$75.1M in 1 round
Latest Funding Round
Ranked
6th among 163 active competitors
Employee Count
75 as on Jun 30, 2026
Exit Details
Acquired by 1 Energy Inc (Jun 03, 2026)
Legal entities associated with KORE Power
KORE Power is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KORE POWER, INC. CIN: 371899580 , United States, Active | Dec 31, 1999 | - | 115 (As on Dec 31, 2024) | - |
KORE Power's acquisition details
KORE Power got acquired by 1 Energy Inc on Jun 03, 2026.
Click here to take a look at KORE Power's acquisition in detail
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KORE Power's funding and investors
KORE Power has raised a total funding of $75.1M over 1 round. Its latest funding round was a Series C round on Nov 30, 2022 for $*****. 6 investors participated in its latest round. KORE Power has 9 institutional investors.
Here is the list of recent funding rounds of KORE Power:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 30, 2022 | 6787214 | Series C | 6296353 | 9108255 | 8422271 | 4519042 |
Access funding benchmarks and valuations. Sign up today!View details of KORE Power's funding rounds and investors
KORE Power's founders and board of directors
Founder? Claim ProfileThe founders of KORE Power is Lindsay Gorrill. Lindsay Gorrill is the CEO of KORE Power.
Here are the details of KORE Power's key team members:
- Lindsay Gorrill: Founder & CEO of KORE Power. Contact Info: 1 email address
KORE Power's Board of Directors
KORE Power's board has 10 active members. Jack Wu, Gordon Mcculloch, Seema Phull, Lingyu (Michelle) Li, Jonathan Bellows, Lindsay E. Gorrill, Daniel Kenney, Fung (Angela) Li, Paul Coombs and Alexander Nickolatos are independent board members.Here is the list of KORE Power's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 3y 7m | |
pqune{{ | Independent board member | - | Current | 2y 8m |
azeprej | Independent board member | - | Current | 2y 5m |
hcuutwc | Independent board member | - | Current | 7y 5m |
njakadq | Independent board member | - | Current | 8y 2m |
daibixw | Independent board member | - | Current | 9y 9m |
ubwgzac | Independent board member | - | Current | 7y 9m |
fewcsrw | Independent board member | - | Current | 3y 1m |
gvbtaqd | Independent board member | - | Current | 9y 6m |
zgijaby | Independent board member | - | Current | 6y 5m |
View details of KORE Power's Founder profiles and Board Members
KORE Power's employee count trend
KORE Power has 75 employees as of Jun 26. Here is KORE Power's employee count trend over the years:
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KORE Power's Competitors and alternates
Top competitors of KORE Power include A123 Systems, Northvolt and Farasis Energy. Here is the list of Top 10 competitors of KORE Power, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1591002989634.png?devicePixelRatio=2&height=30&width=30){kind=logo} A123 Systems 2001, Hangzhou (China), Public | Manufacturer of automotive lithium-ion batteries | $201M | 76/100 | |
2nd | Manufacturer of lithium-ion batteries for electric vehicles | $9B | 71/100 | ||
3rd |  Farasis Energy 2002, Nanchang (China), Public | Manufacturer of lithium-ion batteries for electric vehicles and energy storage | $793M | 66/100 | |
4th |  Microvast 2006, Stafford (United States), Public | Manufacturer of lithium-ion battery solutions for transportation, heavy equipment, and storage | $430M | 64/100 | |
5th |  GridCARE 2024, Redwood City (United States), Series A | Provider of AI data center power solutions leveraging existing grid infrastructure | $77.5M | 63/100 | |
6th | _1568701265592.png?devicePixelRatio=2&height=30&width=30){kind=logo} KORE Power 2018, Idaho Falls (United States), Acquired | Developer of battery cells, energy storage systems, and e-mobility solutions | $75.1M | 61/100 | |
7th |  nine.energy 2020, United States, Late Stage | Developer of community-scale battery energy storage systems for electric grid | $325M | 58/100 | |
8th | Amber Kinetics 2009, Union City (United States), Series C | Innovative flywheel energy storage systems for a sustainable energy future | $25M | 58/100 | |
9th | Caban 2016, Burlingame (United States), Series D | Cloud based energy storage solutions | $174M | 58/100 | |
10th | Acumentrics 1994, Westwood (United States), Series B | Rugged power solutions for mission-critical applications in extreme environments | $21M | 55/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on KORE Power's competitors? Click here to see the top ones
KORE Power's Investments and acquisitions
KORE Power has made 1 investment in ZEVx and acquired Northern Reliability.Reports related to KORE Power
Here is the latest report on KORE Power's sector:
News related to KORE Power
Filter this listMedia has covered KORE Power for a total of 3 events in the last 1 year.
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Li-Cycle gets US$475 million federal loan, LPO future unclearEnergy-Storage•Nov 11, 2024•Li-Cycle, Redwood Materials, KORE Power
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One Of Arizona's $65 Billion Of Industrial Manufacturing Projects Underway Moves ForwardIndustrial Info Resources•Mar 05, 2024•KORE Power
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KORE Power launches ‘Made in USA’ DC Blocks for LFP and NMC battery chemistriesEnergy-Storage•Jan 17, 2024•KORE Power
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KORE Power Selects Siemens Xcelerator to Optimize Production at Arizona GigafactoryBusiness Wire•Oct 04, 2023•KORE Power, Siemens
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Entek inks supply agreement for new Terre Haute plantInside INdiana Business•Sep 14, 2023•Entek, KORE Power
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