FlexGen Power Systems

Oil & GasSeries CDurham, USflexgen.com

Latest round

Series C

Last raised

Jul 2022

Total raised

$276M

Investors

5

About FlexGen Power Systems

Based in North Carolina, US, FlexGen Power Systems, Inc. was founded in 2009 by founder Josh Prueher. Kelcy Pegler is the CEO of the company as of 2021. The firm creates and integrates storage systems as well as the software platform that makes energy transitions possible.5 million in series A venture capital investment in August 2015. FlexGen has developed a software platform that allows energy storage owners to use a variety of power market strategies and combine storage and generation. Its platform integrates all levels of utility and microgrid projects, as well as physical energy storage systems (ESS) products, and provides remote operational support and preventative maintenance, as well as use case analysis and ESS sizing and configuration, allowing clients to effectively manage energy production and storage. FlexGen created the FlexGen HybridOS, an energy management system that can automate the dispatch of energy storage, renewable energy, and conventional power generation to improve capabilities and minimize energy costs.

Who invested in FlexGen Power Systems

5 investors across 3 rounds

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Funding rounds

  1. Series C

    Jul 19, 2022

    Amount

    $100M

    Investors

    Locked

  2. Series B

    Aug 25, 2021

    Amount

    $150M

    Investors

    Locked

  3. Series A

    Aug 30, 2015

    Amount

    $26M

    Investors

    Locked

Questions about FlexGen Power Systems

Who invested in FlexGen Power Systems?

FlexGen Power Systems has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has FlexGen Power Systems raised?

FlexGen Power Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did FlexGen Power Systems last raise money?

FlexGen Power Systems's most recent round on record is a Series C, in Jul 2022.

What does FlexGen Power Systems do?

Based in North Carolina, US, FlexGen Power Systems, Inc.

Where is FlexGen Power Systems headquartered?

FlexGen Power Systems is headquartered in Durham, US.

Which VCs invest in companies like FlexGen Power Systems?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back oil & gas companies at FlexGen Power Systems's stage. Their profiles are linked below.

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