When was Power Practical founded?

Power Practical was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Power Practical located?

Power Practical is headquartered in Salt Lake City, United States.

Is Power Practical a funded company?

Power Practical is a funded company, having raised a total of $1.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 29, 2013.

When was the latest funding round of Power Practical?

Power Practical's latest funding was a $***** Seed round on Apr 20, 2016, with participation from 0 investor.

Where does Power Practical rank among its competitors?

Power Practical ranks 8th amongst 19 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was SKYX Platforms, which secured $100K in Nov, 2023.

Who are the top competitors of Power Practical?

Power Practical's top competitors include WAC Lighting, SKYX Platforms and Progress Lighting. Among them, SKYX Platforms secured the most recent funding round in November, 2023.

Power Practical - 2026 Company Profile, Team, Funding & Competitors

Company Details

Power Practical develops innovative thermal chargers as well as fast charging adapters. The company has developed, PowerPot, a thermoelectric generator that uses heat to charge phones and other USB devices. The user just needs to add water to the PowerPot, place it on a heat source, and it will start charging your phone within seconds. Since the technology is built into the bottom of the pot it can produce electricity from a wide variety of heat sources. The company raised funding from Mark Cuban in the show "Shark Tank". The recent innovation is a fast charger called Pronto, that charges up to 12 times faster than any other battery pack on the market today (60W power input compared to standard 5W input found on most power banks). With this fast-charge tech, the user can plug the Pronto in the wall for five minutes and have enough power to completely charge your phone on-the-go. The Pronto can be used to charge phones, tablets, cameras, laptops, GPS, and more

Website: powerpractical.com
Social
Email ID: *****@powerpractical.com

Key Metrics

Founded Year

2012

Location

Salt Lake City, United States

Stage

Seed

Total Funding

$1.1M in 2 rounds

Latest Funding Round

Seed, Apr 20, 2016, $*****

Investors

Kickstart Seed Fund

Ranked

8^th among 19 active competitors

Similar Companies

WAC Lighting & 90 more

View Power Practical's full profile

Power Practical has raised a total funding of $1.1M over 2 rounds. Its first funding round was on Jan 29, 2013. Power Practical has 1 institutional investor.

Here is the list of recent funding rounds of Power Practical:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 20, 2016	7808606	Seed	7119971	3034645	6143050	2117627
Jan 29, 2013	8031379	Seed	2090005	7340617	Kickstart Seed Fund	3707135

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View details of Power Practical's funding rounds and investors

The founders of Power Practical is David Toledo.

Here are the details of Power Practical's key team members:

David Toledo: Co-Founder of Power Practical.
Contact Info: 1 email address

View details of Power Practical's Founder profiles and Board Members

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Top competitors of Power Practical include WAC Lighting, SKYX Platforms and Progress Lighting. Here is the list of Top 10 competitors of Power Practical, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WAC Lighting 1984, New York City (United States), Unfunded	Manufacturer of lighting fixtures	-	-	50/100
2nd	SKYX Platforms 2004, Pompano Beach (United States), Public	Provider of smart plug and play light fixtures	-	-	44/100
3rd	Progress Lighting 1906, Greenville (United States), Acquired	Designer and manufacturer of high-quality residential lighting solutions	-	-	37/100
4th	ConTech Lighting 1980, Northbrook (United States), Acquired	Manufacturer of sustainable and high-performance commercial and residential lighting solutions	-	E&A Companies, Europa	35/100
5th	Alloy LED 2015, Emeryville (United States), Seed	Manufacturer of LED lighting products and fixtures	$850K	-	32/100
6th	Mr. Beams 2006, Cuyahoga Falls (United States), Acquired	Provider of LED lighting solutions	-	-	31/100
7th	DMF Lighting 1988, Carson (United States), Unfunded	Manufacturer of pharmaceutical products and provider of PCD Pharma franchises	-	-	29/100
8th	Power Practical 2012, Salt Lake City (United States), Seed	Quick charging infrastructure	$1.1M	-	25/100
9th	USAI Lighting 1939, New York City (United States), Unfunded	Manufacturer of LED lighting solutions and design services	-	-	24/100
10th	Alphabet Lighting 1993, Tustin (United States), Unfunded	Developer of science-backed natural health supplements	-	-	23/100