When was WiTricity founded?

WiTricity was founded in 2007 and raised its 1st funding round within a year of its incorporation.

Where is WiTricity located?

WiTricity is headquartered in Watertown, United States.

Which legal entities is WiTricity associated with?

WiTricity is associated with HaloIPT Ltd. and 1 other.

How many employees does WiTricity have?

As of Sep 30, 2026, the latest employee count at WiTricity is 40.

Is WiTricity a funded company?

WiTricity is a funded company, having raised a total of $146M across 10 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 30, 2007.

How much is WiTricity worth?

The latest valuation of WiTricity is $***** as of Jan 01, 2026.

When was the latest funding round of WiTricity?

WiTricity's latest funding was a $***** Series G round on Jun 09, 2022, with participation from 5 investors.

Where does WiTricity rank among its competitors?

WiTricity ranks 1st amongst 2 active competitors, only 1 of which is funded. WiTricity, which secured $63M in Jun, 2022.

WiTricity - 2026 Company Profile, Team, Funding & Competitors

WiTricity is a series G company based in Watertown (United States), founded in 2007 by Marin Soljacic. It operates as a Magnetic resonance-based wireless charging solutions for electric vehicles. WiTricity has raised $146M in funding from investors like Siemens, Stage 1 Ventures and Delta Electronics, with a current valuation of $*****.

Company Details

WiTricity offers magnetic resonance-based wireless charging solutions for electric vehicles. The system uses a single continuous magnetic field to transfer power at a significant range based on this methodology, it has has developed an electric vehicle charging solution that offers a power transfer rate of 3.6-11 kW. It offers a charging pad that needs to be installed on the ground. Users have to level their vehicle above the pod to charge the vehicles.

Website: witricity.com
Social
Email ID: *****@witricity.com
Phone Number: +1 **********

Key Metrics

Founded Year

2007

Location

Watertown, United States

Stage

Series G

Total Funding

$146M in 10 rounds

Latest Funding Round

Series G, Jun 09, 2022, $*****

Post Money Valuation

$***** as on Jan 01, 2026

Investors

Siemens & 20 more

Ranked

1^st among 2 active competitors

Employee Count

40 as on Sep 30, 2026

Similar Companies

Evatran

View WiTricity's full profile

WiTricity is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HaloIPT Ltd. CIN: 3015020 , New Zealand, Active	Jul 20, 2010	-	-
Witricity Corporation CIN: 261180424 , Belgium, Active	Sep 30, 2007	-	48 (As on Dec 31, 2021)	-

WiTricity has raised a total funding of $146M over 10 rounds. Its first funding round was on Nov 30, 2007. Its latest funding round was a Series G round on Jun 09, 2022 for $*****. 5 investors participated in its latest round. WiTricity has 21 institutional investors.

Here is the list of recent funding rounds of WiTricity:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 09, 2022	2565368	Series G	9708147	2962982	2493804	8060902
Feb 23, 2021	5571430	Series F	8797508	6631202	9579328	5198131
Oct 29, 2020	9553189	Series F	2047298	9841862	Stage 1 Ventures	Mitsubishi Corporation

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View details of WiTricity's funding rounds and investors

The founders of WiTricity is Marin Soljacic.

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

Marin Soljacic: Co-Founder & Board Member of WiTricity and founder of 2 other companies, Lightelligence and Lightelligence.
Contact Info: 2 email addresses

View details of WiTricity's Founder profiles and Board Members

WiTricity's employee count trend

WiTricity has 40 employees as of Sep 26. Here is WiTricity's employee count trend over the years:

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Top competitors of WiTricity include Evatran. Here is the list of Top 10 competitors of WiTricity, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WiTricity 2007, Watertown (United States), Series G	Magnetic resonance-based wireless charging solutions for electric vehicles	$146M	Foxconn Electronics, The Private Shares Fund ... & 19 others	62/100
2nd	Evatran 2009, Durham (United States), Unfunded	Provider of wireless electric vehicle charging system	-	-	16/100