United States · Funded startup

Who invested in FlexEnergy

4 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Funding summaryUpdated 26 Oct 2026

$24Mraised across 4 rounds since 2009, from 4 sources

$4.5MSeries B$1.2MGrant$18MDebt
Latest round
RoundDec 2014
Biggest round
$18MDebt · Jan 2012
Investors
3
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20102011201220132014
$4.5MSeries B$1.2MGrant$18MDebt?Round
First round
Series B, $4.5M
Dec 2009
Biggest round
$18M
Debt · Jan 2012
Usual gap between rounds
2.9 years
the median of 2

The rounds

  1. Dec 2014
    RoundAmount undisclosed1 new

    From a historical funding record

  2. Jan 2012
    Debt$18M2 new

    Reported by flexenergy.comSEC filing: $5.0M sold, first sale Dec 2011

  3. Dec 2009
    Series B$4.5M

    No investor was named in the report.

    Reported by fis.dowjones.com

  4. Dec 2009
    Grant$1.2M

    No investor was named in the report.

    From a historical funding record

Founders and team

From FlexEnergy's own website: 1 founder, 3 on the team.

Patrick TogniFounder/Creator
  • Dr. Adrian von KaenelChairman
  • Goran NadProject & Sales Manager
  • Pamina PortmannKey Account Manager

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series B2009Grant2009Debt2012Round2014SAIL Capital Partners LLCIntervale CapitalSimon & Simon

Everyone who backed them

SAIL Capital Partners LLCGrowth equity1round
Intervale CapitalPrivate equity1round
Simon & SimonInvestment bank1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about FlexEnergy

Who invested in FlexEnergy?

FlexEnergy's investors include SAIL Capital Partners LLC, Intervale Capital and Simon & Simon.

How much has FlexEnergy raised?

FlexEnergy has raised $24M across 4 rounds since 2009. One round did not disclose an amount, so the total is a floor.

When did FlexEnergy last raise?

FlexEnergy's most recent round was an Undisclosed round in Dec 2014.

What was FlexEnergy's biggest round?

FlexEnergy's largest round on record is $18M (Debt), in Jan 2012.

Who backed FlexEnergy first?

FlexEnergy's first round on record, in Jan 2012, was backed by SAIL Capital Partners LLC and Simon & Simon.

What stage is FlexEnergy at?

FlexEnergy's latest named round is an Undisclosed round, in Dec 2014.

Where is FlexEnergy based?

FlexEnergy is based in the United States.

Companies like FlexEnergy

In the same sector, and raised in the last eighteen months.

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