Tech Company Financing Transactions
PowerX Funding Round
PowerX, based in Brooklyn, secured $4 million from SpringTide Ventures, Antler and Y Combinator.
Transaction Overview
Company Name
Announced On
4/27/2021
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
19 Morris Ave.
Brooklyn, NY 11205
USA
Brooklyn, NY 11205
USA
Phone
Website
Email Address
Overview
PowerX has built a complete, multi-sensor suite of solutions that reveal the full story of a home's electricity, gas, and water usage. The PowerX suite leverages advanced AI to optimize a home's utilities, automatically lowering energy costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Manuel Schonfeld
Browse more venture capital transactions:
Prev: 4/27/2021: Vivrelle venture capital transaction
Next: 4/27/2021: InterWell Health venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs