Upstart Power

Upstart Power

Private
Southborough, MassachusettsEnergy & Sustainabilityhttps://upstartpower.com

Last Round

Series D

Extension

Dec 26, 2024

Total Funding Raised

$58.83M

Company Overview

Upstart Power is a cleantech company that designs and manufactures solid oxide fuel cell (SOFC) generators for on-demand backup power and distributed generation in residential and industrial applications.

Sector

Energy & Sustainability

Verticals

Alternative Fuels, Energy Storage, Renewable Energy, Energy Management

Business Model

B2B

Customer Profile

Hardware Sales, Hardware + Subscription

AI Layer

Non-AI

Keywords

solid oxide fuel cellSOFCfuel cell generatorbackup generatordistributed generationbackup powerlong-duration energy storageLDESdistributed energy resourcesDERenergy resiliencehome generatormicrogridsolar and battery integrationhybrid power systemOEM program

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Upstart Power Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Upstart Power Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series D ExtensionDec 26, 2024
Series DJul 1, 2024
Series CNov 17, 2022
Series BDec 16, 2020
SeedDec 18, 2019
Seed
Aug 15, 2019

Key People

Founding team and executive leadership

Nate Palumbo

Chief Technology Officer And Founder

Founding Team

Upstart Power Investors

Notable investors and investment history

InvestorRounds
WindSail Capital GroupSeries B
Cricetus Felix VenturesSeries C
H+ PartnersSeries C

Upstart Power Filings

SEC and related filings with document metadata.

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Upstart Power Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Upstart Power's valuation, stock price, and market status.

Firmographic Details

HeadquartersSouthborough, Massachusetts
Employee Range22
Year Founded2018
Last FundingDec 26, 2024

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