What is Verivolt?
Verivolt specializes in the development of high-performance voltage and current transducers, offering custom designs that guarantee exceptional accuracy, bandwidth, range, and isolation. Their comprehensive product suite includes voltage sensors, current sensors, isolators, and bespoke solutions engineered to meet precise client specifications. The company's technology is pivotal for applications across diverse industries, such as Variable Frequency Drive (VFD) monitoring, eVTOL aircraft testing, energy storage systems, and solar string monitoring. Since its inception in 2008, Verivolt has been dedicated to advancing global electrification through its cutting-edge power monitoring platforms for medium and high voltage applications.
How much funding has Verivolt raised?
Verivolt has raised a total of $42K across 1 funding round:
Debt
$42K
Debt (2021): $42K with participation from PPP
What's next for Verivolt?
With the recent influx of substantial expansion capital, Verivolt is poised for accelerated growth and market penetration. The company's strategic focus will likely involve scaling its manufacturing capabilities, enhancing its research and development efforts for next-generation transducer technology, and expanding its sales and distribution networks. This funding round, indicative of a significant Series B/C stage, suggests Verivolt is well-positioned to solidify its leadership in providing critical sensing solutions for the evolving energy and aerospace sectors, further enabling the electrification of various industries.
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