FundedIQ
Artificial Intelligence

PowerX: Funding, Investors & Team (Sep 2026)

PowerX offers an app that provides a unified view of all energy, devices, and water outlets running in any home. PowerX’s patent-pending AI technology saves money by learning the routine, automatically optimizing the water heating and providing solutions to help save money and be more efficient. PowerX helps to identify the individual appliances and water outlets like a garden faucet that are driving up the utility bill each month. The company was founded in 2020 and based in Brooklyn, New York.

www.powerx.co LinkedIn Brooklyn, United States 11-50 employees
Artificial Intelligence Energy Energy Efficiency Sensor Water
Total raised
$8.0M
Rounds
2
Latest
Seed
May 2023

PowerX has raised $8.0M across 2 funding rounds on record, the most recent a Seed of $4.0M announced in May 2023.

That round is below the $5.8M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

PowerX Company Profile and Key Stats

Total funding raised
$8.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Seed
$4.0M in May 2023
Employees
11-50
reported band
Headquarters
Brooklyn, United States

Latest funding round on record: May 2023.

PowerX Funding Rounds

Date
Round
Amount
Seed
$4.0M
Seed
$4.0M

PowerX raised $4.0M in a Seed announced in Apr 2021.

2.1 years later, a Seed of $4.0M was announced in May 2023.

PowerX Founders and Leadership Team

Name
Role
Contact
Manuel Schonfeld
CEO

No contact details are on record for this team yet.

PowerX Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round
29,878
$7.5M
16,664
$3.1M

PowerX's latest round of $4.0M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like PowerX in Artificial Intelligence and Brooklyn

Companies Similar to PowerX

PowerX Funding FAQs

What does PowerX do?

PowerX offers an app that provides a unified view of all energy, devices, and water outlets running in any home. PowerX’s patent-pending AI technology saves money by learning the routine, automatically optimizing the water heating and providing solutions to help save money and be more efficient. PowerX helps to identify the individual appliances and water outlets like a garden faucet that are driving up the utility bill each month. The company was founded in 2020 and based in Brooklyn, New York.

How much funding has PowerX raised?

PowerX has raised $8.0M across 2 rounds on record. The most recent is a Seed of $4.0M announced in May 2023.

When did PowerX last raise funding?

PowerX's most recent funding round on record is a Seed of $4.0M, announced in May 2023.

Who is the CEO of PowerX?

Manuel Schonfeld is listed as CEO at PowerX.

Where is PowerX headquartered?

PowerX is based in Brooklyn, New York, United States.

How many employees does PowerX have?

PowerX is in the 11-50 employee band.

How does PowerX's funding compare to other Artificial Intelligence startups?

PowerX's latest round of $4.0M is below the $5.8M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.

About FundedIQ's PowerX 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 PowerX is left off this page rather than filled in.

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