When was PowerX founded?

PowerX was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is PowerX located?

PowerX is headquartered in Brooklyn, United States.

Who is the current CEO of PowerX?

Manuel Schonfeld of PowerX. They have also founded 1 company.

How many employees does PowerX have?

As of Apr 30, 2026, the latest employee count at PowerX is 14.

Is PowerX a funded company?

PowerX is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 23, 2021.

When was the latest funding round of PowerX?

PowerX's latest funding was a $***** Seed round on 2021, with participation from 1 investor. Its primary sector is Energy Efficiency Tech. In United States, the Energy Efficiency Tech sector has seen $1.04B in funding in 2026 to date.

Where does PowerX rank among its competitors?

PowerX ranks 241st amongst 3650 active competitors, of which 536 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of PowerX?

PowerX's top competitors include ecobee, Landis+Gyr and Sense. Among them, Sense secured the most recent funding round in January, 2026.

PowerX - 2026 Company Profile, Team, Funding & Competitors

PowerX is a seed company based in Brooklyn (United States), founded in 2019 by Manuel Schonfeld. It operates as a Provider of energy management solutions for restaurants. PowerX has raised $4M in funding from Springtide Capital and Climate Capital. The company has 3650 active competitors, including 536 funded and 314 that have exited. Its top competitors include companies like ecobee, Landis+Gyr and Sense.

Company Details

Provider of energy management solutions for restaurants. This system uses automation and technology to reduce utility costs, improve food safety, and increase operational efficiency. It automates manual tasks like temperature checks and HVAC control, streamlining operations and freeing staff to focus on customer service. The system monitors equipment, identifies energy waste, and supports predictive maintenance, extending equipment lifespan and reducing maintenance costs. Real-time alerts notify users of potential issues, allowing for proactive problem-solving. Data analysis provides insights into energy usage, temperature trends, and HVAC performance, enabling data-driven decisions to optimize efficiency. The platform offers controlled user access for multi-site operators.

Website: dashboard.powerx.co/?%5Bobject%20Object%5D
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Email ID: *****@powerx.co

Key Metrics

Founded Year

2019

Location

Brooklyn, United States

Stage

Seed

Total Funding

$4M in 2 rounds

Latest Funding Round

Seed, 2021, $*****

Investors

Springtide Capital & 5 more

Ranked

241^st among 3650 active competitors

Employee Count

14 as on Apr 30, 2026

Similar Companies

ecobee & 3050 more

View PowerX's full profile

PowerX has raised a total funding of $4M over 2 rounds. Its first funding round was on Apr 23, 2021. Its latest funding round was a Seed round on 2021 for $*****. 1 investor participated in its latest round. PowerX has 6 institutional investors.

Here is the list of recent funding rounds of PowerX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2021	3792	Seed	9192	6852	8876	3552
Apr 23, 2021	5133950	Seed	2471445	3313957	Springtide Capital	Antler & 1 more

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View details of PowerX's funding rounds and investors

The founders of PowerX is Manuel Schonfeld. Manuel Schonfeld is the CEO of PowerX.

Here are the details of PowerX's key team members:

Manuel Schonfeld: Founder & CEO of PowerX.
Contact Info: 1 email address

View details of PowerX's Founder profiles and Board Members

PowerX's employee count trend

PowerX has 14 employees as of Apr 26. Here is PowerX's employee count trend over the years:

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Top competitors of PowerX include ecobee, Landis+Gyr and Sense. Here is the list of Top 10 competitors of PowerX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ecobee 2007, Toronto (Canada), Acquired	Manufacturer of smart thermostats, sensors, cameras, and security system bundles	$155M	Relay Ventures, Tech Capital Partners & 14 others	79/100
2nd	Landis+Gyr 1896, Cham (Switzerland), Acquired	Manufacturer of electric meters and grid edge data management software	$1.03B	Hudson Clean Energy Partners, Triodos Investment Management ... & 3 others	77/100
3rd	Sense 2013, Cambridge (United States), Series D	Smart energy platform providing real-time electricity usage insights for homes and utilities	$195M	IDO Investments, Shell Ventures & 21 others	76/100
4th	Enel X 2001, Boston (United States), Acquired	Developer of utility-scale renewable energy projects	$168M	Foundation Capital, Activate Capital & 9 others	74/100
5th	SPAN 2014, San Francisco (United States), Series C	Smart energy management technology platform that modernizes residential electrical systems	$419M	Wellington, Fifth Wall & 33 others	72/100
6th	Happy 2011, Carlsbad (United States), Series B	Provider of centralized maintenance, asset, and property management software solutions	$77.9M	Point Nine, 500 Global & 32 others	70/100
7th	Bidgely 2011, Mountain View (United States), Series C	Provider of a solution for consumers to monitor and manage their household energy use	$87.7M	Khosla Ventures, Canadian Imperial Bank of Commerce ... & 11 others	69/100
8th	Optimum Energy 2005, Seattle (United States), Acquired	SaaS-driven HVAC optimization software for commercial spaces	$40.9M	Navitas Capital, Edison Energy & 3 others	69/100
9th	Tibber 2016, Stockholm (Sweden), Series C	Provider of a digital platform for electricity consumption management and insights	$177M	Summa Equity, Founders Fund & 10 others	69/100
10th	Fracttal 2014, Santiago (Chile), Series C	Cloud-based enterprise asset management solutions	$52.3M	Seaya, Riverwood Capital & 8 others	68/100
241st	PowerX 2019, Brooklyn (United States), Seed	Provider of energy management solutions for restaurants	$4M	Reverb Capital, Tejo Ventures & 4 others	44/100