PowerX Technology
Latest round
- Seed
Last raised
- Apr 2023
Total raised
- $4M
Investors
- 3
About PowerX Technology
Based in the US, PowerX Technology, Inc.PowerX Technology, Inc. was founded in 2019 and is headquartered in Brooklyn, US. The company specializes in energy management systems designed to optimize energy consumption.PowerX Technology specializes in innovative energy solutions designed to reduce costs for consumers while promoting sustainability. The company's core offerings include advanced energy management systems that optimize energy consumption for residential and commercial users. These systems leverage smart technology to enable users to monitor and control their energy usage in real time, thereby reducing waste and lowering utility bills. PowerX targets a diverse client base, including homeowners, small businesses, and larger enterprises looking to enhance their energy efficiency.PowerX Technology employs a subscription-based revenue model, allowing clients to sign up for ongoing access to its energy management services. This structure facilitates consistent revenue generation as customers pay a monthly fee for software updates and customer support. In addition, PowerX engages in partnerships with retailers and energy providers, which enhances its market reach and establishes a solid distribution channel for its flagship products.00 mn to develop new advanced energy management products with a targeted release in late 2023. The company also aims to expand its market presence in Asia and South America by 2024, focusing on regions with increasing demand for sustainable energy solutions.
Who invested in PowerX Technology
3 investors across 2 rounds
See all investors in PowerX Technology
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about PowerX Technology
Who invested in PowerX Technology?
PowerX Technology has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PowerX Technology raised?
PowerX Technology has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did PowerX Technology last raise money?
PowerX Technology's most recent round on record is a Seed, in Apr 2023.
What does PowerX Technology do?
Based in the US, PowerX Technology, Inc.
Where is PowerX Technology headquartered?
PowerX Technology is headquartered in Brooklyn, US.
Which VCs invest in companies like PowerX Technology?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PowerX Technology's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like PowerX Technology? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.