Spiers New Technologies - About the company
Spiers New Technologies is an acquired company based in Oklahoma City (United States), founded in 2015. It operates as a Battery management solution provider. Spiers New Technologies has raised $2.8M in funding from i2E. The company has 26 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Circunomics, tozero and Altilium.
Company Details
Spiers New Technologies (SNT) is the leading full-service provider of repair, re-manufacturing, refurbishing and re-purposing of advanced battery packs used in hybrid and electric vehicles. SNT's services allow vehicle OEM's to optimize the life cycle management of their battery pack inventory and maximize its value. SNT offers a "one stop" solution for battery life cycle management including, Qualitative Analysis and safety screening of battery packs that have been removed from their original vehicle, Logistics Management of vehicle battery packs and modules, including monitored, climate-controlled storage, dealer network management and end-of-life recycling preparation, Repair and Refurbishment of vehicle battery packs for redeployment in vehicles and Re-manufacturing vehicle battery packs and modules for second life deployment in non-vehicle applications
- Website
- spiersnewtechnologies.com
- Email ID
- *****@spiersnt.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Oklahoma City, United States
Stage
Acquired
Total Funding
$2.8M in 2 rounds
Latest Funding Round
Ranked
7th among 26 active competitors
Employee Count
64 as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by Cox Automotive (Sep 01, 2021)
Legal entities associated with Spiers New Technologies
Spiers New Technologies is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPIERS NEW TECHNOLOGIES, INC CIN: 47-2028938 , United States, Active | Jan 01, 2015 | - | 64 (As on Dec 31, 2022) | - |
Spiers New Technologies Inc. CIN: 1651665 , United States, Active | $5M - $25M (As on Jul 20, 2020) | - | - |
Spiers New Technologies's acquisition details
Spiers New Technologies got acquired by Cox Automotive on Sep 01, 2021.
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Spiers New Technologies's funding and investors
Spiers New Technologies has raised a total funding of $2.8M over 2 rounds. Its first funding round was on Aug 27, 2015. Spiers New Technologies has 3 institutional investors.
Here is the list of recent funding rounds of Spiers New Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 20, 2020 | 9166135 | Seed | 8706731 | 7694781 | 3332285 | 3372521 |
Aug 27, 2015 | 6427437 | Seed | 7212953 | 3922502 | 4863222 |
View details of Spiers New Technologies's funding rounds and investors
Spiers New Technologies' founders and board of directors
Founder? Claim ProfileSpiers New Technologies' employee count trend
Spiers New Technologies has 64 employees as of Dec 22. The total employee count is the same as what it was in Dec 21. Here is Spiers New Technologies's employee count trend over the years:
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Spiers New Technologies's Competitors and alternates
Top competitors of Spiers New Technologies include Circunomics, tozero and Altilium. Here is the list of Top 10 competitors of Spiers New Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Circunomics 2019, Mainz (Germany), Series A | Waste management services for electric vehicle batteries | $10.4M | 59/100 | |
2nd | Provider of lithium-ion battery recycling solutions | $15.5M | 59/100 | ||
3rd | Altilium 2020, Plymouth (United Kingdom), Series B | Developer of technology for recycling electric vehicle batteries into battery materials | $22.5M | 57/100 | |
4th | Metastable Materials 2021, Bengaluru (India), Seed | Provider of end-to-end recycling services for lithium-ion batteries and products | $2.79M | 50/100 | |
5th | Renewance 2015, Chicago (United States), Seed | Provider of end-to-end lifecycle management services for industrial batteries | - | 48/100 | |
6th | PowerTech Water 2014, Lexington (United States), Series C | Provider of technology solutions for wastewater treatment | $19M | 46/100 | |
7th | Spiers New Technologies 2015, Oklahoma City (United States), Acquired | Battery management solution provider | $2.8M | 37/100 | |
8th | Platform offering AI-powered solutions for repurposing and recycling lithium-ion batteries | $119K | 35/100 | ||
9th | Recell.store 2023, Plymouth (United Kingdom), Unfunded | Platform that enables businesses to recycle and dispose electric vehicle battery packs | - | - | 34/100 |
10th | Back2Basics 2024, Aligarh (India), Unfunded | Manufacturer of sustainable lithium-ion battery materials from recycled sources | - | - | 34/100 |
Looking for more details on Spiers New Technologies's competitors? Click here to see the top ones
Spiers New Technologies's Investments and acquisitions
Spiers New Technologies has made no investments or acquisitions yet.
Reports related to Spiers New Technologies
Here is the latest report on Spiers New Technologies's sector:
News related to Spiers New Technologies
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Cox Automotive Mobility and Spiers New Technologies Expand Global EV Battery Service NetworkMetro Atlanta CEO•Aug 31, 2022•Spiers New Technologies, Cox Automotive
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Cox Automotive acquires EV battery provider Spiers New TechnologiesMotor Finance•Sep 02, 2021•Cox Automotive, Spiers New Technologies
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Oklahoma City startup works on electric car batteriesnewsok.com•Oct 11, 2015•Spiers New Technologies, i2E
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