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General

Financials

People

Founders
Employee Profiles

Activity

Recent News

Last deal

$22.52M

Amount

Venture - Series Unknown

Stage

15.07.2024

Date

3

all rounds

$39.64M

Total amount

date founded

Financing round

General

About Company
Upstart Power designs and sells fuel cell systems.

Industry

Sector :

Subsector :

founded date

01.01.2017

founders

Number of employees

11-50

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's SOFC generators are cost-effective, dependable, carbon-efficient, and silent, providing low-cost, low-emission, and dependable electricity from natural gas or propane at the point of use. Upstart Power's Upgen™ Power system works with renewable sources like solar and battery storage to provide 24/7/365 long-duration backup power generation for residential and industrial applications. Founded in 2017, the company is headquartered in Southborough, Massachusetts, and aims to make distributed electricity generation a reality.
Contacts

location

Southborough, MA, USA

Contact Email

Phone number

Website URL

https://www.upstartpower.com/

Social url

Legal Names

Legal name

Upstart Power, Inc.
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Financials

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Number of Funding Rounds

$39.64M

Money Raised

Their latest funding was raised on 15.07.2024. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
15.07.2024
Venture - Series Unknown
—
$22.52M
—
07.11.2022
Series C
6
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Co-Investors
Investors
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1

Number of lead investors

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Number of investors

Investor 
Lead 
Round 
Partners 
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People

Founders
1

Nathan Palumbo

Nathan Palumbo is a Chief Technology Officer and Founder at Upstart Power Inc. Nathan Palumbo attended Purdue University.

current job

Upstart Power
Upstart Power

organization founded

1
Nathan Palumbo

Nathan Palumbo

Employee Profiles
2
Paul Osenar
Paul Osenar

Paul Osenar

President & Chief Executive Officer

President & Chief Executive Officer

Nathan Palumbo

Nathan Palumbo

Chief Technology Officer and Founder

Chief Technology Officer and Founder

Activity

Recent News
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