FundedIQ
Energy

Upstart Power: Funding, Investors & Team (Oct 2026)

For residential and commercial applications, Upstart Power develops and manufactures market-changing solid oxide fuel cell (SOFC) generators that are dependable, sustainable, carbon-efficient, and nearly silent. When alternative renewable energy sources, such as solar and battery storage, are insufficient, the UpgenTM Power system from Upstart Power will "cycle on," enabling long-duration backup power generation 24 hours a day, seven days a week. Privately owned Upstart Power is an organization.

www.upstartpower.com LinkedIn Southborough, United States 11-50 employees
Total raised
$17.0M
Rounds
1
Latest
Series C
Nov 2022

Upstart Power has raised $17.0M across 1 funding round on record, the most recent a Series C of $17.0M announced in Nov 2022.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Upstart Power Company Profile and Key Stats

Total funding raised
$17.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series C
$17.0M in Nov 2022
Employees
11-50
reported band
Headquarters
Southborough, United States

Latest funding round on record: Nov 2022.

Upstart Power Funding Rounds

Date
Round
Amount
Series C
$17.0M

Upstart Power Founders and Leadership Team

Name
Role
Contact
Paul Osenar
CEO
Locked

Contact details for the Upstart Power team: 1 of 1 has an email address on file.

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Upstart Power Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
30,234
$7.6M
1,869
$60M

Upstart Power's latest round of $17.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Upstart Power Funding FAQs

What does Upstart Power do?

For residential and commercial applications, Upstart Power develops and manufactures market-changing solid oxide fuel cell (SOFC) generators that are dependable, sustainable, carbon-efficient, and nearly silent. When alternative renewable energy sources, such as solar and battery storage, are insufficient, the UpgenTM Power system from Upstart Power will "cycle on," enabling long-duration backup power generation 24 hours a day, seven days a week. Privately owned Upstart Power is an organization.

How much funding has Upstart Power raised?

Upstart Power has raised $17.0M across 1 round on record. The most recent is a Series C of $17.0M announced in Nov 2022.

When did Upstart Power last raise funding?

Upstart Power's most recent funding round on record is a Series C of $17.0M, announced in Nov 2022.

Who is the CEO of Upstart Power?

Paul Osenar is listed as CEO at Upstart Power.

Where is Upstart Power headquartered?

Upstart Power is based in Southborough, Massachusetts, United States.

How many employees does Upstart Power have?

Upstart Power is in the 11-50 employee band.

How does Upstart Power's funding compare to other Energy startups?

Upstart Power's latest round of $17.0M 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 Upstart 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 Upstart Power is left off this page rather than filled in.

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