SimpliPhi Power, Inc.

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SimpliPhi Power, Inc. - overview

Established

2009

Location

-, CA, US

Primary Industry

Energy Storage & Batteries

About

SimpliPhi Power, Inc. specializes in energy storage solutions, providing innovative battery systems designed for reliable backup power and energy independence for both residential and commercial applications. SimpliPhi Power, Inc. was founded in 2009 and is headquartered in Ojai, US.


The company focuses on energy storage solutions, having pivoted towards providing efficient battery systems for power reliability. Co-founders Bill Sechrest, Catherine Von Burg, and Stuart Lennox also play crucial roles in its operations, with Catherine Von Burg serving as the CEO. In September 2021, Briggs & Stratton Corporation acquired SimpliPhi Power, Inc. for an undisclosed amount, enabling further growth in the energy storage market.


The company has raised a total of USD 2. 00 mn across 2 deals, with the latest funding round occurring in 2021. SimpliPhi Power, Inc. offers advanced battery storage systems that ensure reliable backup power and energy independence for residential and commercial needs.


Their core products, including battery systems, are engineered to maximize reliability, addressing customer challenges related to power outages and energy preparedness. The company caters to a diverse customer base, including homeowners and small businesses, and markets its products across North America, Europe, and select regions in Asia, thereby supporting growing demand for energy-efficient solutions. SimpliPhi Power, Inc. generates revenue primarily through direct sales of its battery storage products.


The company employs a distribution strategy that includes partnerships with retailers and wholesalers to enhance market penetration. Customers typically make purchases through authorized dealers or online platforms, ensuring a streamlined transaction process. The offerings come with various pricing plans, aligned with product features, including comprehensive installation services, to foster customer satisfaction and loyalty. Following the recent acquisition by Briggs & Stratton Corporation, SimpliPhi Power, Inc.


is set to enhance its product line and accelerate its growth in the energy storage system sector. The company aims to introduce new products designed for various applications, although specific release dates are not disclosed. Plans for geographic expansion include targeting additional markets in North America and Europe by 2023, leveraging recent funding to support these initiatives.


Primary Industry

Energy Storage & Batteries

Sub Industries

Energy Storage & Batteries

Website

www.simpliphipower.com

Verticals

Clean Technology

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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