When was Midtronics founded?

Midtronics was founded in 1984 and raised its 1st funding round 25 years after it was founded.

Where is Midtronics located?

Midtronics is headquartered in Willowbrook, United States. It is registered at Willowbrook, Illinois.

How many employees does Midtronics have?

As of May 31, 2026, the latest employee count at Midtronics is 221.

Is Midtronics a funded company?

Midtronics is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Oct 20, 2009.

When was the latest funding round of Midtronics?

Midtronics' latest funding was a $***** Grant (prize money) round on Jul 01, 2010, with participation from 1 investor.

Where does Midtronics rank among its competitors?

Midtronics ranks 227th amongst 509 active competitors, of which 108 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Breathe Battery Technologies, which secured $21M in May, 2025.

Who are the top competitors of Midtronics?

Midtronics' top competitors include Voltus, Vecmocon and Zitara. Among them, Breathe Battery Technologies secured the most recent funding round in May, 2025.

Midtronics - 2026 Company Profile, Team, Funding & Competitors

Company Details

Midtronics is a battery management solution provider using different technologies to improve battery efficiency. The company works with leading vehicle OEMs, dealers and aftermarket parts and service providers to deliver their solutions to an end consumer. The company is credited with over 90 patents in various field relating to battery testing and battery management. Midtronics manufactures different products for analyzing and enhancing a battery condition using Diagnostic Service System, Conductance Battery and Electrical System Analyzers, Hybrid Battery System Analyzer etc,

Website: midtronics.com
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Registered Address: Willowbrook, Illinois

Key Metrics

Founded Year

1984

Location

Willowbrook, United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jul 01, 2010, $*****

Investors

National Science Foundation

Ranked

227^th among 509 active competitors

Employee Count

221 as on May 31, 2026

Investment & Acquisitions

Lynai Data & 1 more

Similar Companies

Zitara & 204 more

View Midtronics' full profile

Midtronics is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Midtronics, Inc. CIN: 363340412 , United States, Active	Dec 26, 999	-	155 (As on Dec 31, 2024)	-
Midtronics, Inc. CIN: 36-3340412 , United States, Active	Jan 01, 1984	-	145 (As on Dec 31, 2023)	-

Midtronics has raised funding over 3 rounds. Its first funding round was on Oct 20, 2009. Its latest funding round was a Grant (prize money) round on Jul 01, 2010 for $*****. 1 investor participated in its latest round. Midtronics has 1 institutional investor.

Here is the list of recent funding rounds of Midtronics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2010	5246406	Grant (prize money)	9853204	4336928	7582765	4974110
Jan 01, 2010	1473201	Grant (prize money)	3798514	7617149	4151574	National Science Foundation
Oct 20, 2009	8271947	Grant (prize money)	7978591	5851800	2903338	National Science Foundation

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View details of Midtronics's funding rounds and investors

Midtronics' employee count trend

Midtronics has 221 employees as of May 26. Here is Midtronics's employee count trend over the years:

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Top competitors of Midtronics include Voltus, Vecmocon and Zitara. Here is the list of Top 10 competitors of Midtronics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Voltus 2016, Boston (United States), Series C	Provider of demand response solutions for industrial and commercial applications	$66.2M	NGP Energy Technology Partners, Activate Capital ... & 4 others	67/100
2nd	Vecmocon 2016, Noida (India), Series A	Developer of battery management systems, chargers, vehicle intelligence modules, and clusters	$24M	Blume Venture, Tiger Global Management & 30 others	65/100
3rd	Zitara 2019, San Francisco (United States), Acquired	Provider of cloud based and embedded battery management software	$29M	Salesforce Ventures, Energy Impact Partners ... & 6 others	65/100
4th	Forsee Power 2011, Paris (France), Public	Manufacturer of battery systems for electric vehicles and mobility applications	$143M	Idinvest Partners, Mitsui & 3 others	65/100
5th	Breathe Battery Technologies 2019, London (United Kingdom), Series B	Physics-based battery management software	$31M	Kinnevik, Volvo Cars & 5 others	63/100
6th	Element Energy 2009, Los Altos (United States), Series B	Technology for Battery Management Systems	$101M	Cohort Ventures & 15 others	62/100
7th	GridBeyond 2007, London (United Kingdom), Series C	AI-based platform for balancing distributed energy resources and demand response	$76.1M	Enterprise Ireland, Greencoat Capital & 37 others	61/100
8th	Electrifuel 2017, Gurugram (India), Seed	Platform offering smart battery management systems, telematics, chargers, and software	$443K	Ramakrishna Electro Components, Udayavani ... & 38 others	61/100
9th	Virtual Peaker 2015, Louisville (United States), Series A	Provider of solutions for demand response and energy intelligence	$19.8M	FreshTracks Capital, Moore Strategic Ventures ... & 4 others	60/100
10th	Franklin Energy 1994, Milwaukee (United States), Acquired	Provider of energy efficiency and decarbonization program implementation services	-	Invesco, NewStar Financial & 2 others	59/100
227th	Midtronics 1984, Willowbrook (United States), Funding Raised	Battery Management Solutions	-	National Science Foundation	26/100