# Heila Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/heila-technologies

- Industry: Renewable Energy
- Headquarters: Somerville, US
- Website: www.heilatech.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Oct 21, 2020)
- Investors on record: 2

## About

Heila Technologies, Inc. specializes in energy solutions, providing industrial generators, uninterruptible power systems, and microgrid technologies designed to enhance operational resilience across various sectors.Founded in 2017, Heila Technologies, Inc. is based in Somerville, US, and focuses on energy solutions. The company was acquired by Kohler Power in January 2022 for an undisclosed amount. CEO Francisco Morocz leads the company, which has achieved a total of 3 funding deals, culminating in a Seed round in which they raised USD 2.50 mn, led by Table Rock Capital and involving Massachusetts Clean Energy Center. The total amount raised by the company stands at USD 2.50 mn.Heila specializes in delivering a comprehensive suite of energy solutions aimed at enhancing resilience across various sectors. Their core offerings include industrial generators, uninterruptible power systems, and complex microgrid solutions, all designed to ensure seamless power supply for critical applications such as data centers and hospitals. Additionally, their powertrain technologies encompass innovative solutions from combustion engines to hybrid and fully electric systems, catering to diverse operational needs. Heila's commercial-grade home backup generators provide peace of mind for homeowners during grid outages, targeting a wide customer base including industrial clients, healthcare facilities, and residential users, with products distributed primarily in North America, Europe, and select markets in Asia.Heila generates revenue through a multifaceted business model encompassing both direct sales and partnerships. The company engages in B2B transactions, supplying industrial energy systems and backup generators to enterprises, while also selling home energy solutions directly to consumers. Their revenue streams are further supported by service contracts for maintenance and support of their power systems, ensuring ongoing customer engagement. Pricing for their flagship products reflects the specialized nature of their offerings, allowing Heila to maintain strong relationships with clients and a steady flow of revenue from initial sales and service agreements.Heila Technologies, Inc. plans to expand its product offerings with new energy solutions aimed at enhancing efficiency and sustainability. The company is exploring opportunities in emerging markets, specifically targeting regions in Asia by the end of 2023. Recent funding from the Seed round will be utilized to support product development and market expansion initiatives.

## Funding rounds

- Seed, Oct 21, 2020, $2.5M — Table Rock Capital, Massachusetts Clean Energy Center

## Investors

- Table Rock Capital — Seed
- Massachusetts Clean Energy Center (https://capitalatlas.ai/funds/massachusetts-clean-energy-center) — Seed