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nine.energy - About the company

nine.energy is a late stage company based in United States, founded in 2020. It operates as a Developer of community-scale battery energy storage systems for electric grid. nine.energy has raised $325M in funding from Manulife Investment Management. The company has 636 active competitors, including 72 funded and 47 that have exited. Its top competitors include companies like A123 Systems, Sonnen and Microvast.

Company Details

Developer of community-scale battery energy storage systems for electric grid. They assemble teams, technology, and partners to complete projects. The organization combines experience with expertise in its field. It delivers projects and provides news updates.
Key Metrics
Founded Year
2020
Location
Stage
Late Stage
Total Funding
$325M in 5 rounds
Ranked
Employee Count
95 as on Mar 31, 2026
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nine.energy's funding and investors

nine.energy has raised a total funding of $325M over 5 rounds. Its first funding round was on Jan 21, 2022. Its latest funding round was a Conventional Debt round on Oct 09, 2025 for $*****. 1 investor participated in its latest round. nine.energy has 6 institutional investors.

Here is the list of recent funding rounds of nine.energy:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 09, 2025
3085706
Conventional Debt
2876901
4054520
1631723
3103684
Jul 17, 2024
4566423
Conventional Debt
6776495
7341884
6769805
Jan 10, 2024
7124783
PE
6875142
6356780
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nine.energy's founders and board of directors

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nine.energy's employee count trend

nine.energy has 95 employees as of Mar 26. Here is nine.energy's employee count trend over the years:
Employee count trend for nine.energy
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nine.energy's Competitors and alternates

Top competitors of nine.energy include A123 Systems, Sonnen and Microvast. Here is the list of Top 10 competitors of nine.energy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for A123 Systems
A123 Systems
2001, Hangzhou (China), Public
Manufacturer of automotive lithium-ion batteries
$201M
76/100
2nd
Logo for Sonnen
Sonnen
2010, Wildpoldsried (Germany), Acquired
Developer of energy storage systems and smart energy solutions hardware
$180M
74/100
3rd
Logo for Microvast
Microvast
2006, Stafford (United States), Public
Manufacturer of lithium-ion battery solutions for transportation, heavy equipment, and storage
$430M
65/100
4th
Logo for Corvus Energy
Corvus Energy
2009, Nesttun (Norway), Acquired
Developer of energy storage systems (ESS) based on lithium NMC technology
$88.2M
64/100
5th
Logo for Base Power
Base Power
2023, Austin (United States), Series C
Provider of battery storage system
$1.3B
64/100
6th
Logo for Haven Energy
Haven Energy
2022, Austin (United States), Series B
Online platform offering energy storage solutions
$51.2M
64/100
7th
Logo for PURE EV
PURE EV
2015, Hyderabad (India), Series A
Manufacturer of energy storage products and electric vehicles with lithium batteries
$21.8M
63/100
8th
Logo for Tesvolt
Tesvolt
2014, Seevetal (Germany), Public
Provider of energy storage systems, software, services, and energy trading
-
62/100
9th
Logo for Flower
Flower
2020, Stockholm (Sweden), Series A
Provider of energy storage solutions
$109M
61/100
10th
Logo for FranklinWH
FranklinWH
2019, San Jose (United States), Series B
Manufacturer of home energy management and battery storage solutions
$25M
61/100
13th
Logo for nine.energy
nine.energy
2020, United States, Late Stage
Developer of community-scale battery energy storage systems for electric grid
$325M
58/100
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nine.energy's Investments and acquisitions

nine.energy has made no investments or acquisitions yet.

Reports related to nine.energy

Here is the latest report on nine.energy's sector:

News related to nine.energy

lockFilter this list
Media has covered nine.energy for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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