When was Powin Energy founded?

Powin Energy was founded in 2010 and raised its 1st funding round 4 years after it was founded.

Where is Powin Energy located?

Powin Energy is headquartered in Tualatin, United States. It is registered at Tualatin (United States).

How many employees does Powin Energy have?

As of May 31, 2026, the latest employee count at Powin Energy is 128.

Is Powin Energy a funded company?

Powin Energy is a funded company, having raised a total of $260M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 08, 2014.

When was the latest funding round of Powin Energy?

Powin Energy's latest funding was a $***** Series C round on Jul 14, 2022, with participation from 3 investors. Its primary sector is Energy Storage Tech. In United States, the Energy Storage Tech sector has seen $4.78B in funding in 2026 to date.

Where does Powin Energy rank among its competitors?

Powin Energy ranks 28th amongst 643 active competitors, of which 68 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was GridCARE, which secured $64M in May, 2026.

Who are the top competitors of Powin Energy?

Powin Energy's top competitors include A123 Systems, Amperehour Solar Technology and Corvus Energy. Among them, GridCARE secured the most recent funding round in May, 2026.

Powin Energy - 2026 Company Profile, Funding & Competitors

Company Details

Energy storage systems for grid level and behind-the-meter storage. It provider of scalable energy storage technologies in grid-level applications for electric utilities, and their commercial, industrial, and institutional customers. It integrates battery storage, advanced battery management, power conversion both charging and generation, and energy management in a fully integrated, turnkey solution. Has a modular and scalable architecture that supports using best-of-breed energy storage and conversion solutions.

Website: powinenergy.com
Social
Email ID: *****@powinenergy.com
Part Of
Registered Address: Tualatin (United States)

Key Metrics

Founded Year

2010

Location

Tualatin, United States

Stage

Public

Total Funding

$260M in 3 rounds

Latest Funding Round

Series C, Jul 14, 2022, $*****

Investors

GIC & 6 more

Ranked

28^th among 643 active competitors

Employee Count

128 as on May 31, 2026

Similar Companies

KORE Power & 172 more

Exit Details

Public

View Powin Energy's full profile

Powin Energy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Powin LLC CIN: 86-2256487 , United States, Active	Dec 31, 2009	-	100 (As on Dec 31, 2020)	-

Powin Energy has raised a total funding of $260M over 3 rounds. Its first funding round was on Aug 08, 2014. Its latest funding round was a Series C round on Jul 14, 2022 for $*****. 3 investors participated in its latest round. Powin Energy has 7 institutional investors.

Here is the list of recent funding rounds of Powin Energy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 14, 2022	9383294	Series C	2912893	5741709	8366226	3120889
Feb 05, 2021	4074246	Series B	4517041	3936766	7941077	3091576
Aug 08, 2014	6049829	Series A	2002418	8772357	2889568	Jiangsu Shunfeng Photovoltaic Technology

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View details of Powin Energy's funding rounds and investors

Powin Energy's employee count trend

Powin Energy has 128 employees as of May 26. Here is Powin Energy's employee count trend over the years:

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Top competitors of Powin Energy include A123 Systems, Amperehour Solar Technology and Corvus Energy. Here is the list of Top 10 competitors of Powin Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	A123 Systems 2001, Hangzhou (China), Public	Manufacturer of automotive lithium-ion batteries	$201M	General Electric, Qualcomm Ventures & 19 others	76/100
2nd	Amperehour Solar Technology 2017, Pune (India), Series A	Provider of energy storage systems and energy management platform solutions	$7.45M	VHGB, Wellfound & 23 others	68/100
3rd	Corvus Energy 2009, Nesttun (Norway), Acquired	Developer of energy storage systems (ESS) based on lithium NMC technology	$88.3M	Morgan Stanley, Equinor & 11 others	66/100
4th	Farasis Energy 2002, Nanchang (China), Public	Manufacturer of lithium-ion batteries for electric vehicles and energy storage	$793M	Mercedes-Benz, China Venture Capital & 15 others	66/100
5th	Microvast 2006, Stafford (United States), Public	Manufacturer of lithium-ion battery solutions for transportation, heavy equipment, and storage	$430M	IFC, Ashmore & 7 others	65/100
6th	GridCARE 2024, Redwood City (United States), Series A	Provider of AI data center power solutions leveraging existing grid infrastructure	$77.5M	Temasek, Sutter Hill Ventures & 20 others	63/100
7th	Polarium 2015, Stockholm (Sweden), Series D	Manufacturer of lithium ion battery energy storage and management systems	$274M	Alecta, Vargas Holding & 7 others	62/100
8th	PURE EV 2015, Hyderabad (India), Series A	Manufacturer of energy storage products and electric vehicles with lithium batteries	$21.8M	Bennett, Coleman, Hindustan Media Ventures ... & 33 others	62/100
9th	KORE Power 2018, Idaho Falls (United States), Acquired	Developer of battery cells, energy storage systems, and e-mobility solutions	$75.1M	Siemens, ADS Ventures & 7 others	61/100
10th	Flower 2020, Stockholm (Sweden), Series A	Provider of energy storage solutions	$109M	Northzone, 82an Invest & 6 others	61/100
28th	Powin Energy 2010, Tualatin (United States), Public	Energy storage systems for grid level and behind-the-meter storage	$260M	GIC, Samsung Venture Investment & 5 others	48/100