Tech Company Financing Transactions
PowerGEM Funding Round
PowerGEM closed a funding round on 3/14/2024. Investors included TA Associates.
Transaction Overview
Company Name
Announced On
3/14/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
This partnership with TA will allow PowerGEM to continue serving its client base, accelerate the release of new offerings, and execute high-growth initiatives.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
632 Plank Road 101
Clifton Park, NY 12065
USA
Clifton Park, NY 12065
USA
Phone
Website
Email Address
Overview
PowerGEM, LLC was founded in May 2000 to supply expert advice, analysis, and software on the combined economic and technical impacts of transmission congestion in competitive electricity markets. PowerGEM is staffed by engineers and software developers with advanced education in engineering, mathematics, computer science and business, coupled with an average 20 years of experience in this industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Executive Vice President
Manos Obessis
President
Boris Gisin
Browse more venture capital transactions:
Prev: 3/13/2024: X-Therma venture capital transaction
Next: 3/14/2024: Quintessent venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs