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FlexGen

company

About

FlexGen develops storage solutions and software that focuses on today’s energy transition.

Details

Last Funding Type
Series C
Last Funding Money Raised
$100M
Industries
Battery,Energy,Energy Storage,Renewable Energy,Semiconductor,Software
Founded date
Jan 1, 2009
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
FlexGen Power Systems, Inc.

FlexGen develops software and power electronics for energy storage products, reducing electricity costs, and improving performance and reliability for power consumers worldwide. It loves energy storage and working with the most innovative and promising battery and capacitor companies in the world, opening the door for their technologies to utility, consumer, and industrial power systems.

It was founded in 2014 and is headquartered in Durham, North Carolina.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$275.50M
FlexGen has raised a total of $275.50M in funding over 2 rounds. Their latest funding was raised on Jul 19, 2022 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 19, 2022 Series C $100M 1 Vitol Detail
Aug 25, 2021 Series Unknown $150M 2 Apollo Detail
Aug 3, 2015 Series A $25.50M 3 Altira Group Detail

Investors

Number of Lead Investors
Number of Investors
3
5
FlexGen is funded by 5 investors. Vitol and Apollo are the most recent investors.
Investor Name Lead Investor Funding Round
Vitol Yes Series C
Apollo Yes Series Unknown
Altira Group Series Unknown
Caterpillar Ventures Series A
GVenture Technology Series A

Employee Profiles

Number of Employee Profiles
8
FlexGen has 8 current employee profiles, including Executive Kelcy Pegler
Executive
Executive
Executive
Executive
Board member