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Powerstar - About the company

Powerstar is a seed company based in Sheffield (United Kingdom), founded in 2001 by Alex Mardapittas. It operates as a Provider of commercial energy solutions including voltage optimisation and battery storage. Powerstar has raised an undisclosed amount in funding from SCF Partners. The company has 4647 active competitors, including 609 funded and 390 that have exited. Its top competitors include companies like Particle, Landis+Gyr and ecobee.

Company Details

Provider of commercial energy solutions including voltage optimisation and battery storage. The company designs, manufactures, and implements technologies that enable businesses to achieve efficiency objectives and drive decarbonisation. Its power management technologies overcome grid limitations and support the electrification of industry. The company offers advanced modelling and simulation, feasibility studies, and technical consultancy services.
Social
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Email ID
*****@powerstar.com
Phone Number
+44 **********
Registered Address
EMS HOUSE UNIT 2, 4 COWLEY WAY,ECCLESFIELD,SHEFFIELD,SOUTH YORKSHIRE,S35 1QP
Key Metrics
Founded Year
2001
Location
Sheffield, United Kingdom
Stage
Seed
Latest Funding Round
Investors
Ranked
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
356 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
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Powerstar's funding and investors

Powerstar has raised funding over 4 rounds. Its first funding round was on Jul 01, 2015. Its latest funding round was a Seed round on Dec 13, 2021 for $*****. 1 investor participated in its latest round. Powerstar has 3 institutional investors.

Here is the list of recent funding rounds of Powerstar:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 13, 2021
3687211
Seed
2237705
5523128
4359494
5146723
Jul 30, 2020
8506355
Conventional Debt
5986298
7746040
5801430
Jan 01, 2017
4079475
Grant (prize money)
7677871
6960663
8304324
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Powerstar's founders and board of directors

Founder? Claim Profile
The founders of Powerstar is Alex Mardapittas. Alex Mardapittas is the CEO of Powerstar.
Here are the details of Powerstar's key team members:

Powerstar's employee count trend

Powerstar has 356 employees as of Jul 26. Here is Powerstar's employee count trend over the years:
Employee count trend for Powerstar
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Powerstar's Competitors and alternates

Top competitors of Powerstar include Particle, Landis+Gyr and ecobee. Here is the list of Top 10 competitors of Powerstar, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Particle
Particle
2011, San Francisco (United States), Acquired
Developer of a prototype to production connectivity platform for IoT
$135M
78/100
2nd
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
3rd
Logo for ecobee
ecobee
2007, Toronto (Canada), Acquired
Manufacturer of smart thermostats, sensors, cameras, and security system bundles
$155M
75/100
4th
Logo for Enel X
Enel X
2001, Boston (United States), Acquired
Developer of utility-scale renewable energy projects
$168M
75/100
5th
Logo for Wartsila
Wartsila
1834, Vaasa (Finland), Acquired
Provider of technologies and lifecycle solutions for the marine and energy markets
-
73/100
6th
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
73/100
7th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
71/100
8th
Logo for Savant Systems
Savant Systems
2005, Barnstable (United States), Late Stage
App and hub for connected device management
$90M
71/100
9th
Logo for Bidgely
Bidgely
2011, Mountain View (United States), Series C
Provider of a solution for consumers to monitor and manage their household energy use
$87.7M
69/100
10th
Logo for Fracttal
Fracttal
2014, Santiago (Chile), Series C
Cloud-based enterprise asset management solutions
$52.3M
69/100
137th
Logo for Powerstar
Powerstar
2001, Sheffield (United Kingdom), Seed
Provider of commercial energy solutions including voltage optimisation and battery storage
-
51/100
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Powerstar's Investments and acquisitions

Powerstar has acquired bromsgrovewinding. Powerstar has not made any investments as of now.

Reports related to Powerstar

Here is the latest report on Powerstar's sector:

News related to Powerstar

lockFilter this list
Media has covered Powerstar for 1 event in last 1 year, It was about people movement.
SCF Partners invests in PowerstarPrivate Equity WireDec 13, 2021SCF Partners, Powerstar
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