UgoWork
Latest round
- Series C
Last raised
- Jul 2024
Total raised
- $74M
Investors
- 5
About UgoWork
Founded in 2015 in Quebec, Canada, UgoWork specializes in energy management solutions and innovative lithium-ion battery systems for the material handling sector.00 mn.UgoWork specializes in energy management solutions and innovative lithium-ion battery systems designed primarily for the material handling industry. Its offerings include high-performance lithium-ion batteries available in 24 V, 36 V, and 48 V, catering to Class I, II, and III industrial trucks. These products enhance operational efficiency by overcoming the limitations of traditional lead-acid batteries. UgoWork's solutions serve sectors such as food and beverage, manufacturing, transportation, and distribution.UgoWork generates revenue through a flexible consumption model, allowing clients to access its energy management solutions and lithium-ion battery systems on a pay-per-use basis. This structure ensures guaranteed uptime and fosters long-term partnerships, with transactions primarily conducted through B2B engagements. Clients subscribe to energy management services while purchasing tailored battery systems and charging stations.00 mn on July 31, 2024, UgoWork plans to enhance its software and hardware platforms. The company is currently focused on expanding its product line and is designing new solutions aimed at improving energy efficiency in material handling. Furthermore, UgoWork is targeting expansion into new geographic markets, with specific plans to penetrate additional regions within North America by the end of 2025.
Who invested in UgoWork
5 investors across 2 rounds
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Questions about UgoWork
Who invested in UgoWork?
UgoWork has 5 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 UgoWork raised?
UgoWork has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did UgoWork last raise money?
UgoWork's most recent round on record is a Series C, in Jul 2024.
What does UgoWork do?
Founded in 2015 in Quebec, Canada, UgoWork specializes in energy management solutions and innovative lithium-ion battery systems for the material handling sector.
Where is UgoWork headquartered?
UgoWork is headquartered in Quebec, Canada.
Which VCs invest in companies like UgoWork?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at UgoWork's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series C
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