logo
logo

Powerhive revenue is $2.3 million

Powerhive team size is 68 employees


logo

Powerhive

- Nairobi, Nairobi, Kenya

linkedintwitterwebsite

How Powerhive hit $2.3M Revenue

Developer of a cloud-based software application designed to provide access to microgrid electricity to rural homes. The company's software application and proprietary smart meter run real-time data analytics and automate account management tasks while remotely monitoring and controlling microgrid operations, allowing customers in the rural areas to gain access to an affordable electricity supply that can power small appliances and income-generating equipment.

Founded

2011

Founded

Revenue

$2.3M

2022 Revenue

YOY
-----

YOY

Funding

$41.3M

Funding


Powerhive Revenue

In 2022, Powerhive revenue run rate hit $2.3M in revenue.

  • 2021

    Powerhive hit $2.3M in revenue in 2021

  • 2011

    Powerhive launched in 2011 with $0 revenue

$2.3M

Powerhive Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2019

    Powerhive raised a of $9.3M

  • 2016

    Powerhive raised a of $20M

  • 2015

    Powerhive raised a of $12M

FUNDING DATEROUNDAMOUNTVALUATION
07/09/2019 $9.3M
01/25/2016 $20M
12/09/2015 $12M

Team

Powerhive has 68 total employees and 1 sales reps that carry a quota.

2021
DISTRIBUTIONQTY
Total team size
68
Engineer
2(3%)
Sales
1(1%)
Marketing
1(1%)

CEO/Founder

Christopher Hornor

Chris is founder and CEO at Powerhive, Inc., a technology venture founded in 2011 that offers access to productive, affordable, and reliable microgrid electricity. Powerhive focuses on financing, monetizing, and managing distributed electricity solutions through its proprietary technology platform and business model. Chris is an entrepreneur andrecognized pioneer of consumer renewable energy product and services. During the last 15 years he has delivered renewable energy to more than two million people. As founder and CEO of Better Energy Systems he launched Solio, a portable solar charger that defined a new category of small-scale consumer energy solutions. In 2008 Chris led the expansion of Better Energy Systems into East Africa where he and his team introduced Club Solio, leveraging mobile money to create the first pay-as-you go renewable energy service for remote, off-grid regions. Chris has held senior posts at technology startups in the US, UK, and Japan where he identified and developed new revenue streams through emerging internet applications.

Q&A

What`s your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


Customers

Powerhive has 0 customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Powerhive has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Powerhive

Monthly Revenue

$192.6K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Powerhive Board of Directors

NamePosition

Powerhive Executives

NamePosition
Christopher Hornor CEO

Powerhive Employees

NamePosition
Christopher Hornor CEO

Frequently Asked Questions about Powerhive

When was Powerhive founded?

Powerhive was founded in 2011.

How much revenue does Powerhive generate?

Powerhive generates $2.3M in revenue.

Who is the CEO of Powerhive?

The CEO of Powerhive is Christopher Hornor.

How much funding does Powerhive have?

Powerhive was raised $41.3M.

How many employees does Powerhive have?

Powerhive has raised 68 employees.

Where is Powerhive headquarters?

Powerhive headquater is at Kenya