Peaxy
Latest round
- Series B
Last raised
- Feb 2023
Total raised
- $10M
Investors
- 3
About Peaxy
Peaxy, Inc.Founded in 2012 in San Jose, California, Peaxy, Inc. provides battery analytics solutions that cater to the needs of both private and government sectors.46 mn. Peaxy, Inc.Peaxy, Inc. specializes in providing a comprehensive suite of battery analytics solutions targeted at the electrification and renewable energy sectors. Their core products include Peaxy Innovate™, Peaxy Build™, Peaxy Operate™, and Peaxy Predict™, which together cover the entire battery lifecycle from research and development to manufacturing, monitoring, and analytics. Peaxy Innovate™ aids in battery and component development, while Peaxy Build™ optimizes production by automating quality control. Peaxy Operate™ enables real-time monitoring of battery energy storage systems (BESS), and Peaxy Predict™ uses AI-driven analytics for improved operational decision-making.Peaxy generates revenue primarily through direct B2B transactions involving its software solutions and services. Clients typically enter subscription agreements for ongoing access to the Peaxy platform, which can be tailored to align with their specific operational needs. The revenue model includes one-time implementation fees alongside recurring subscription payments, ensuring continuous support and updates. The company is focused on developing new products that will expand their capabilities in battery analytics and lifecycle management. Additionally, Peaxy plans to target new markets in Asia and Europe in the coming years, aiming for expansion by 2024. This strategic growth initiative will involve enhancing their existing platforms while also exploring innovative solutions to meet the evolving needs of their clientele.
Who invested in Peaxy
3 investors across 1 round
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Funding rounds
Series B
Feb 28, 2023
Amount
$10M
Investors
Questions about Peaxy
Who invested in Peaxy?
Peaxy has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Peaxy raised?
Peaxy has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Peaxy last raise money?
Peaxy's most recent round on record is a Series B, in Feb 2023.
What does Peaxy do?
Peaxy is a software company.
Where is Peaxy headquartered?
Peaxy is headquartered in San Jose, US.
Which VCs invest in companies like Peaxy?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Peaxy's stage. Their profiles are linked below.
VCs backing software startups at Series B
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