Powerside
Latest round
- Series A
Last raised
- Jul 2017
Total raised
- $24M
Investors
- 5
About Powerside
Founded in 1948 and headquartered in Saint-Laurent, Canada, Powerside offers power quality solutions that include real-time monitoring and analysis tools.Powerside specializes in power quality solutions, providing a robust portfolio of measurement, correction, and cloud software products designed to enhance energy quality across various industries. Their flagship products, the PQube® 3 and PQ Edge® power analyzers, deliver real-time monitoring capabilities, allowing users to identify power quality issues such as harmonics and voltage fluctuations. Additionally, Powerside offers correction solutions like low voltage fixed and automatic banks, active harmonic filters, and hybrid filters, catering to sectors like semiconductors, utilities, commercial and industrial markets, medical facilities, and electric vehicle charging stations.Powerside generates revenue primarily through direct sales to business clients, focusing on B2B transactions. Their offerings encompass a variety of pricing structures, including one-time sales and ongoing subscriptions for cloud-based monitoring solutions. Their contracts typically involve multi-year agreements that include both product sales and support services. The company’s flagship products, including the PQube® 3 and PQ Edge®, are central to their revenue generation strategy, addressing the needs of industries with significant power quality challenges. Powerside is targeting expansion into new geographic regions, although specific locations have not been disclosed.
Who invested in Powerside
5 investors across 1 round
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Funding rounds
Series A
Jul 24, 2017
Amount
$24M
Investors
Questions about Powerside
Who invested in Powerside?
Powerside has 5 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 Powerside raised?
Powerside has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Powerside last raise money?
Powerside's most recent round on record is a Series A, in Jul 2017.
What does Powerside do?
Founded in 1948 and headquartered in Saint-Laurent, Canada, Powerside offers power quality solutions that include real-time monitoring and analysis tools.
Where is Powerside headquartered?
Powerside is headquartered in Saint-Laurent, Canada.
Which VCs invest in companies like Powerside?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Powerside's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series A
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