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How PowerShare CEO Ethan Zhu grew PowerShare to $5M revenue with a 7 person team in 2024.

Developer of an electric vehicle charging platform designed to streamline the charging process. The company's platform connects EV drivers, charge point operators and power suppliers by continuously monitoring and balancing the power demand from vehicles with the supply capacity of the grid, enabling drivers to locate EV charging points in a hassle-free manner.

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PowerShare Revenue

In 2024, PowerShare's revenue reached $5M. The company previously reported $379.8K in 2021. Since its launch in 2015, PowerShare has shown consistent revenue growth.

PowerShare Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M201520172019202120232024$0$380K$5MSource: GetLatka.com
YearMilestone
2024PowerShare Hit $5m revenue in June 2024
2021PowerShare Hit $379.8k revenue in April 2021
2015Launched with $0 revenue

PowerShare Valuation, Funding Rounds

PowerShare's most recent disclosed valuation is $1.1M.

PowerShare is a bootstrapped Other IoT Software startup. Founded in 2015, PowerShare has grown to $5M in revenue without raising any venture capital or outside funding.

As a self-funded Other IoT Software SaaS company, PowerShare has built its business with no outside investment.

PowerShare Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120152015 cumulative: $0 • 2015 Founded: $02015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

PowerShare Employees & Team Size

PowerShare employs approximately 7 people as of 2026.

PowerShare has 7 total employees in different roles and functions and 1 sales reps that carry a quota.

PowerShare Team GrowthReported headcount over time023568201520172019202120232024007777Source: GetLatka.com
YearMilestone
2024Reached 7 employees (October 2024)
2021Reached 7 employees (April 2021)

Founder / CEO

Ethan Zhu

Ethan Zhu is listed as Founder / CEO at PowerShare.

Q&A

QuestionAnswer
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Customers

We do not have customer count information for PowerShare yet.

Frequently Asked Questions about PowerShare

What is PowerShare's revenue?

PowerShare generates $5M in revenue.

Who founded PowerShare?

PowerShare was founded by Ethan Zhu.

Who is the CEO of PowerShare?

The CEO of PowerShare is Ethan Zhu.

How much funding does PowerShare have?

PowerShare raised $0.

How many employees does PowerShare have?

PowerShare has 7 employees.

Where is PowerShare headquarters?

PowerShare is headquartered in Shanghai, Shanghai, China.

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Compare PowerShare to the industry

PowerShare operates across multiple industries. Browse revenue, funding, and growth data for PowerShare in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

PowerShare Revenue 2024: $5M ARR, $1.1M Valuation