What is FranklinWH?
Founded in 2019, FranklinWH is at the forefront of developing intelligent whole-home power backup and load control solutions. Leveraging the extensive experience of its founding team, who collectively possess over twenty years in fortune 100 companies and large-scale project deployment, the company addresses the increasing reliance on consumer electronics and smart devices. With rising energy costs and the frequency of natural disasters, FranklinWH offers a compelling alternative to traditional power grids, providing an autonomous and reliable energy experience for homeowners.
How much funding has FranklinWH raised?
FranklinWH has raised a total of $25M across 1 funding round:
Series B
$25M
Series B (2023): $25M with participation from Particle
Key Investors in FranklinWH
Particle
Particle, founded in 2011, is known for creating platforms that connect IoT devices to the cloud, offering both hardware and software solutions for prototyping, implementation, and scaling of enterprise businesses. Their technology is utilized by global companies, indicating a focus on industrial and enterprise-level IoT solutions.
What's next for FranklinWH?
The recent major strategic investment positions FranklinWH for accelerated growth and market expansion. This capital injection is expected to fuel further research and development into its energy storage and management technologies, enhance its manufacturing capabilities, and broaden its market reach. As the demand for resilient and sustainable energy solutions continues to surge, FranklinWH is poised to capitalize on this trend, solidifying its role as a key player in the residential energy sector.
See full FranklinWH company page
