Ideal Power: Funding, Investors & Team (Oct 2026)
Ideal Power (NASDAQ: IPWR) is a company specializing in power conversion technology that provides advanced cleantech solutions to help system integrators and project developers utilize distributed energy resources for on-grid and off-grid applications. Their products offer high reliability and a strong return on investment for renewable energy and storage projects at a competitive price, supported by excellent customer service.
Ideal Power has raised $59.0M across 3 funding rounds on record, the most recent an undisclosed round of $30.0M announced in May 2026.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Ideal Power Company Profile and Key Stats
Latest funding round on record: May 2026.
Ideal Power Funding Rounds
Ideal Power raised $15.0M in an undisclosed round announced in Mar 2024.
1.9 years later, an undisclosed round of $14.0M was announced in Feb 2026.
3 months later, an undisclosed round of $30.0M was announced in May 2026.
Ideal Power Founders and Leadership Team
Contact details for the Ideal Power team: 1 has a LinkedIn profile.
Start 14-day free trial →Ideal Power Funding Compared to Other Energy Startups
Ideal Power's latest round of $30.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Ideal Power Funding FAQs
What does Ideal Power do?
Ideal Power (NASDAQ: IPWR) is a company specializing in power conversion technology that provides advanced cleantech solutions to help system integrators and project developers utilize distributed energy resources for on-grid and off-grid applications. Their products offer high reliability and a strong return on investment for renewable energy and storage projects at a competitive price, supported by excellent customer service.
How much funding has Ideal Power raised?
Ideal Power has raised $59.0M across 3 rounds on record. The most recent is an undisclosed round of $30.0M announced in May 2026.
When did Ideal Power last raise funding?
Ideal Power's most recent funding round on record is an undisclosed round of $30.0M, announced in May 2026.
Who founded Ideal Power?
FundedIQ lists Bill Alexander (Founder), Daniel Brdar (Founder) at Ideal Power.
Where is Ideal Power headquartered?
Ideal Power is based in Austin, Texas, United States.
How many employees does Ideal Power have?
Ideal Power is in the 11-50 employee band.
How does Ideal Power's funding compare to other Energy startups?
Ideal Power's latest round of $30.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Ideal Power Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ideal Power is left off this page rather than filled in.
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