When was Powermat founded?

Powermat was founded in 2006 and raised its 1st funding round 5 years after it was founded.

Where is Powermat located?

Powermat is headquartered in Petah Tikva, Israel.

How many employees does Powermat have?

As of Jul 01, 2024, the latest employee count at Powermat is 51 - 200.

Is Powermat a funded company?

Powermat is a funded company, having raised a total of $108M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 06, 2011.

When was the latest funding round of Powermat?

Powermat's latest funding was a $***** Series B round on Dec 15, 2021, with participation from 2 investors.

Where does Powermat rank among its competitors?

Powermat ranks 1st amongst 115 active competitors, of which 22 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was NuCurrent, which secured $982K in Sep, 2025.

Who are the top competitors of Powermat?

Powermat's top competitors include Eggtronic, WiBotic and Nimble. Among them, NuCurrent secured the most recent funding round in September, 2025.

Powermat - 2026 Company Profile, Team, Funding & Competitors

Powermat is a series B company based in Petah Tikva (Israel), founded in 2006. It operates as a Provider of induction-based wireless charging solutions. Powermat has raised $108M in funding from investors like Hudson Clean Energy Partners, Goldman Sachs and General Motors. The company has 115 active competitors, including 22 funded and 3 that have exited. Its top competitors include companies like Eggtronic, WiBotic and Nimble.

Company Details

Provider of induction-based wireless charging solutions. While customers use its app to charge their phones, businesses can send targeted and contextual information and updates to people on the go. It helps retailers to integrate charging spots at their stores. They have expertise in retrofit installations and their custom tools can drill into a wide range of surface types or countertops. The customer engagement platform monitors all charging spots across different locations. With the data gathered, retailers can derive fruitful analytics. Retailers can contact PowerMat to become a mobile-optimized venue. It also develops charging mats for devices. Apart from retailers, other users include universities, airports, and restaurants.

Website: powermat.com
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Key Metrics

Founded Year

2006

Location

Petah Tikva, Israel

Stage

Series B

Total Funding

$108M in 7 rounds

Latest Funding Round

Series B, Dec 15, 2021, $*****

Investors

Hudson Clean Energy Partners & 14 more

Ranked

1^st among 115 active competitors

Employee Count

51 - 200 as on Jul 01, 2024

Investment & Acquisitions

PowerKiss

Similar Companies

Energous & 277 more

View Powermat's full profile

Powermat is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
POWERMAT, INC. CIN: 263076498 , United States, Active	Jan 22, 2008	-	2 (As on Dec 31, 2018)	-

Powermat has raised a total funding of $108M over 7 rounds. Its first funding round was on Jan 06, 2011. Its latest funding round was a Series B round on Dec 15, 2021 for $*****. 2 investors participated in its latest round. Powermat has 15 institutional investors.

Here is the list of recent funding rounds of Powermat:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 15, 2021	6073056	Series B	2045700	1999910	1929173	8134279
Jun 27, 2016	9236224	Series B	4689833	1473968	2837005	2688147
May 21, 2013	4268875	Series B	4043461	1893618	3061268	Goldman Sachs & 1 more

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View details of Powermat's funding rounds and investors

Powermat's employee count trend

Powermat has 51 - 200 employees as of Jul 24. Here is Powermat's employee count trend over the years:

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Top competitors of Powermat include Eggtronic, WiBotic and Nimble. Here is the list of Top 10 competitors of Powermat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Powermat 2006, Petah Tikva (Israel), Series B	Provider of induction-based wireless charging solutions	$108M	Hudson Clean Energy Partners, Regah Ventures ... & 13 others	62/100
2nd	Eggtronic 2012, Modena (Italy), Series B	Manufacturer of charging accessories	$30M	Rinkelberg Capital, European Investment Bank ... & 5 others	55/100
3rd	WiBotic 2015, Seattle (United States), Series A	Provider of wireless charging solutions for industrial robots	$13.5M	SV Tech Ventures, The W Fund & 9 others	55/100
4th	Nimble 2018, Costa Mesa (United States), Seed	Provider internet-first brand of electronic accessories	$2M	Okapi Venture Capital, SVB & 2 others	50/100
5th	Salcomp 1975, Salo (Finland), Acquired	Manufacturer of power supplies for electronic devices	-	AP6, Nordstjernan	50/100
6th	Yank Technologies 2013, New York City (United States), Series A	Wireless charging technology developer	$530K	Super Angel, America’s Seed Fund	49/100
7th	Resonant Link 2018, Chittenden (United States), Seed	Provider of wireless charging solutions	$10.7M	Engine Ventures, URBAN-X & 7 others	47/100
8th	NuCurrent 2009, Chicago (United States), Series C	Developer of chip modules for wireless charging	$23.1M	IU Ventures, Lakewest Venture Partners & 10 others	45/100
9th	Global Energy Transmission 2015, Portland (United States), Seed	Autonomous in-flight wireless charging solutions for drones, enabling limitless flight	$3.5M	Draper, IP Fund	43/100
10th	PowerSquare 2012, Bengaluru (India), Seed	Wireless charging manufacturer	$1.21M	Omphalos Ventures, SiCon Design Technologies ... & 2 others	40/100