When was Spear Power Systems founded?

Spear Power Systems was founded in 2013 and raised its 1st funding round 5 years after it was founded.

Where is Spear Power Systems located?

Spear Power Systems is headquartered in Kansas City, United States. It is registered at Grandview,Missouri.

How many employees does Spear Power Systems have?

As of Dec 31, 2023, the latest employee count at Spear Power Systems is 66.

Is Spear Power Systems a funded company?

Spear Power Systems is a funded company, having raised a total of $19.6M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 24, 2018.

When was the latest funding round of Spear Power Systems?

Spear Power Systems' latest funding was a $***** Grant (prize money) round on Jan 01, 2021, with participation from 1 investor. Its primary sector is Electric Vehicles. In United States, the Electric Vehicles sector has seen $3.19B in funding in 2026 to date.

Where does Spear Power Systems rank among its competitors?

Spear Power Systems ranks 140th amongst 883 active competitors, of which 98 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Emo Energy, which secured $6.2M in May, 2026.

Who are the top competitors of Spear Power Systems?

Spear Power Systems' top competitors include A123 Systems, QuantumScape and SES Technologies. Among them, Emo Energy secured the most recent funding round in May, 2026.

Spear Power Systems - 2026 Company Profile, Funding & Competitors

Spear Power Systems is an acquired company based in Kansas City (United States), founded in 2013. It operates as a Platform offering lithium-ion based battery management systems developer. Spear Power Systems has raised $19.6M in funding from Emerald Technology Ventures. The company has 883 active competitors, including 98 funded and 73 that have exited. Its top competitors include companies like A123 Systems, QuantumScape and SES Technologies.

Company Details

Platform offering lithium-ion based battery management systems developer. The battery management system comes with power electronics which can provide voltages up to 1250VDC and thermal management systems which can work in high external temperatures.

Website: spearpowersystems.com
Social
Email ID: *****@spearps.com
Phone Number: +1 **********
Registered Address: Grandview,Missouri

Key Metrics

Founded Year

2013

Location

Kansas City, United States

Stage

Acquired

Total Funding

$19.6M in 4 rounds

Latest Funding Round

Grant (prize money), Jan 01, 2021, $*****

Investors

Emerald Technology Ventures & 9 more

Ranked

140^th among 883 active competitors

Employee Count

66 as on Dec 31, 2023

Similar Companies

Farasis Energy & 248 more

Exit Details

Acquired by Sensata (Aug 23, 2021)

View Spear Power Systems' full profile

Spear Power Systems is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Sensata Technologies, Inc. CIN: 6673033 , United States, Active	Dec 20, 2022	-	-	-
Spear Power Systems, Inc. CIN: 463331575 , United States, Active	Dec 31, 1999	-	66 (As on Dec 31, 2022)	-

Spear Power Systems got acquired by Sensata on Aug 23, 2021.

Click here to take a look at Spear Power Systems's acquisition in detail

Spear Power Systems has raised a total funding of $19.6M over 4 rounds. Its first funding round was on Jul 24, 2018. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $*****. 1 investor participated in its latest round. Spear Power Systems has 10 institutional investors.

Here is the list of recent funding rounds of Spear Power Systems:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2021	1203828	Grant (prize money)	3736773	8017173	3387513	9927229
Nov 19, 2020	5197712	Series B	7143496	5483328	3488195	7184130
Oct 03, 2019	3887812	Series B	9228396	6140770	Emerald Technology Ventures	Energy Innovation Capital & 6 more

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View details of Spear Power Systems's funding rounds and investors

Spear Power Systems' employee count trend

Spear Power Systems has 66 employees as of Dec 23. The total employee count is the same as what it was in Dec 22. Here is Spear Power Systems's employee count trend over the years:

Employee count trend for Spear Power Systems

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Top competitors of Spear Power Systems include A123 Systems, QuantumScape and SES Technologies. Here is the list of Top 10 competitors of Spear Power Systems, 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	QuantumScape 2010, San Jose (United States), Public	Developer of solid-state lithium-metal battery technology for electric vehicle applications	$1B	Volkswagen Group, Toyota Motor & 16 others	73/100
3rd	SES Technologies 2012, Woburn (United States), Public	Developer of Li-Metal batteries and AI-powered battery management solutions	$336M	Temasek, Applied Materials & 16 others	72/100
4th	Emo Energy 2022, Bengaluru (India), Series A	Provider of energy management systems integrating battery technology and charging hardware	$14.1M	Subhkam Ventures, Gruhas & 49 others	67/100
5th	Contemporary Amperex Technology 2011, Ningde (China), Public	Manufacturer of battery systems for electric vehicles and energy storage	-	Fortera Capital, Strait Huifu Industrial Investment Fund Management ... & 18 others	67/100
6th	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
7th	SK On 2021, Seoul (South Korea), Series E	Provider of energy and chemical products, including batteries and lubricants	$1.73B	MBK Partners, Korea Investment Holdings & 3 others	66/100
8th	Grinntech 2013, Chennai (India), Acquired	Manufacturer of lithium-ion battery packs, off-the-shelf products, and custom solutions	$2M	RTBI, Magnetic Meter Systems & 3 others	66/100
9th	ACC 2020, Bruges (France), Series D	Manufacturer of lithium-ion battery cells and modules for electric four-wheelers	$1.2B	Mercedes-Benz, Bundesministerium fur Wirtschaft und Klimaschutz ... & 8 others	65/100
10th	IBC 2022, Milpitas (United States), Series A	Platform offering prismatic lithium-ion cells for mobility and energy storage	$68.3M	RTP Global, Beenext & 3 others	65/100
140th	Spear Power Systems 2013, Kansas City (United States), Acquired	Platform offering lithium-ion based battery management systems developer	$19.6M	Evergy Ventures, Chevron Technology Ventures ... & 8 others	35/100