Our innovative technology platform enables financing and monetization of distributed microgrids by reducing costs and stabilizing investment risk. A cloud-based software application and proprietary smart meter are the core of our platform, which automates account management tasks, remotely monitors and controls microgrid operations, and runs real-time data analytics.
Customers prepay for electricity through mobile money networks and gain access to an affordable electricity supply that can power small appliances and income generating equipment in addition to lights and mobile phone chargers.
Powerhive equips investors, project developers, and electricity providers with the tools necessary to deploy sustainable off-grid energy solutions in communities far beyond the reach of grid infrastructure.
Please visit powerhive.com/careers for career opportunities.
Location: Kenya, Nairobi
Employees: 51-200
Total raised: $29.3M
Founded date: 2011
Investors 4
Date | Name | Website |
- | TO.org | to.org |
- | Caterpilla... | caterpilla... |
- | Pi Investm... | pi-investm... |
- | TotalEnerg... | ventures.t... |
Funding Rounds 2
Date | Series | Amount | Investors |
09.07.2019 | Series B | $9.3M | - |
25.01.2016 | Series A | $20M | - |
Mentions in press and media 9
Date | Title | Description | Source |
10.07.2019 | Daily funding roundup - July 10th, 2019 | Dataform landed $2M; Unibuddy closed $5M; Anvyl has secured $9.M; Stratasan raised $26M Dataform: D... | vator.tv/n... |
09.07.2019 | Powerhive Closes US$9.3M Series B Funding | Powerhive, a Berkeley, CA-based energy solutions and technology provider for emerging markets, close... | finsmes.co... |
11.10.2018 | SA startup The Sun Exchange announces $500k investment from ... | SA startup The Sun Exchange, a blockchain-based solar micro-leasing marketplace, announced today tha... | venturebur... |
11.10.2018 | SA startup The Sun Exchange announces $500k investment from ... | SA startup The Sun Exchange, a blockchain-based solar micro-leasing marketplace, announced today tha... | venturebur... |
19.07.2018 | Sun Exchange, Powerhive to provide energy access for 175 000... | Cape Town based solar micro-leasing marketplace Sun Exchange has partnered with US-based rural mini-... | venturebur... |
19.07.2018 | Sun Exchange, Powerhive to provide energy access for 175 000... | Cape Town based solar micro-leasing marketplace Sun Exchange has partnered with US-based rural mini-... | venturebur... |
12.06.2017 | Meet the Startups in the Prince-Inspired Green Tech Accelera... | A little more than a year ago, the world lost one of its most talented and influential musicians. Pr... | tech.co/ne... |
26.01.2016 | Powerhive Secures $20M Series A Financing | BERKELEY, CA, Powerhive, an energy solutions provider for emerging markets announced today that th... | vcnewsdail... |
25.01.2016 | Powerhive Raises $20M in Series A Funding | Powerhive, a Berkeley, California-based energy solutions provider for emerging markets, raised $20m ... | finsmes.co... |