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Real Estate and Construction Tech Series B Founded 2019

FranklinWH

FranklinWH manufactures home energy management and battery storage systems designed to provide uninterrupted power during blackouts and peak demand while maximizing energy savings and sustainability. The FranklinWH System intelligently manages solar, battery, generator, EV, and grid power through an integrated ecosystem of hardware and software products. The product lineup includes aPower S, a battery directly…

📍 San Jose, United States · Property Management Tech,

Funding snapshot

Last roundSeries B
Amount$25M
Date24 August 2023
Total raised$25M
Team size121

About

FranklinWH manufactures home energy management and battery storage systems designed to provide uninterrupted power during blackouts and peak demand while maximizing energy savings and sustainability. The FranklinWH System intelligently manages solar, battery, generator, EV, and grid power through an integrated ecosystem of hardware and software products. The product lineup includes aPower S, a battery directly connected to solar that flexibly adapts to complex roof configurations; aPower 2, featuring a market-leading 15 kWh single-unit capacity for reliable whole-home backup; aGate, a premium home energy management center with integrated multi-functional interfaces; and Meter Adapter Controller, a streamlined energy management center for rapid deployment. The FranklinWH App provides easy control, real-time energy monitoring and analysis, smart time-of-use (TOU) settings, versatile power source and load management, estimated bill savings visualization, paper electricity bill scanning for tailored TOU settings, and voice command support. The system supports versatile power management modes for optimal energy efficiency, enables users to earn extra credits and revenue by supplying excess power to the grid, and accelerates return on investment. FranklinWH manufactures products in the United States and is FEOC compliant, serving homeowners, certified installers, and distributors. The company offers a comprehensive support ecosystem including knowledge base, training center, system sizing guide, documentation center, webinars, and installer certification programs. Founded in 2019 and headquartered in San Jose, California, FranklinWH has raised approximately $25 million in Series B funding from investors including Peak XV Partners, GoodLeap, The Mosaic Company, and Particle Future. The company employs approximately 121 people.

Business model

Energy Efficiency Tech > Energy Monitoring System > Building Monitoring > Residential,

Energy Storage Tech > Energy Storage System > Lithium Ion > Residential,

Facility Management Tech > Building Management > Building Energy Management,

Property Management Tech > Building Energy Management

Institutional investors

The Mosaic Company GoodLeap Peak XV Partners Particle Future Qingzhou Capital

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