FranklinWH Funding 2023: FranklinWH Raises $25M in Series B Funding

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San Jose, CA-based company FranklinWH specializing in whole-home energy management, has successfully secured a Series B funding of $25 million.

FranklinWH Funding

Since its inception in 2019, FranklinWH Energy Storage has been dedicated to advancing residential energy management and storage solutions. A key highlight of their offerings is the Franklin Home Power system, an all-encompassing energy management solution with AC-coupled storage. Central to this system is the aPower battery, which boasts the highest LFP AC capacity available in the market.

Particle Future led this funding round, which marks a significant step forward for FranklinWH. With the newly acquired funds, the company aims to enhance its research and development capabilities, streamline its supply chain operations, and expand both its operational capacity and sales network

Complementing it is the aGate, an intelligent power control system designed to optimize home comfort. Notably, the solution is pre-assembled to facilitate swift and hassle-free installations.

Having spent over a year in the American market, FranklinWH has successfully onboarded more than 1,000 installation companies through its esteemed FranklinWH Certified Installer program.

FranklinWH, originally established in 2019, received its initial funding from Sequoia Capital, setting the stage for its growth and innovation in the realm of residential energy management.

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