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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 4242 active competitors, including 602 funded and 356 that have exited. Its top competitors include companies like ecobee, Particle and Landis+Gyr.

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
£5.13M as on Dec 31, 2024
Employee Count
350 as on Apr 30, 2026
Investment & Acquisitions
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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
5507035
Seed
9369806
7613782
7010525
5334705
Jul 30, 2020
6032888
Conventional Debt
5175566
9459010
3081635
Jan 01, 2017
9223635
Grant (prize money)
3811821
1423309
1777213
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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 350 employees as of Apr 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 ecobee, Particle and Landis+Gyr. 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 ecobee
ecobee
2007, Toronto (Canada), Acquired
Manufacturer of smart thermostats, sensors, cameras, and security system bundles
$155M
79/100
2nd
Logo for Particle
Particle
2011, San Francisco (United States), Acquired
Developer of a prototype to production connectivity platform for IoT
$135M
78/100
3rd
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
4th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Provider of AI and app-based energy monitoring solutions
$195M
76/100
5th
Logo for Enel X
Enel X
2001, Boston (United States), Acquired
Developer of utility-scale renewable energy projects
$168M
74/100
6th
Logo for Wartsila
Wartsila
1834, Vaasa (Finland), Acquired
Provider of technologies and lifecycle solutions for the marine and energy markets
-
73/100
7th
Logo for Span.IO
Span.IO
2014, San Francisco (United States), Series C
Provider of smart panel for home energy management
$419M
72/100
8th
Logo for tado°
tado°
2011, Munich (Germany), Series E
Provider of smart thermostats and energy solutions for home heating
$245M
71/100
9th
Logo for Happy
Happy
2011, Carlsbad (United States), Series B
Provider of centralized maintenance, asset, and property management software solutions
$77.9M
70/100
10th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
70/100
107th
Logo for Powerstar
Powerstar
2001, Sheffield (United Kingdom), Seed
Provider of commercial energy solutions including voltage optimisation and battery storage
-
55/100
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Powerstar's Investments and acquisitions

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

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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