Exchangium

company

About

Exchangium provides the energy industry with a community-oriented platform to buy & sell new & used parts, equipment & services.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$0.90M
Industries
E-Commerce,Electrical Distribution,Energy,Oil and Gas,Renewable Energy,Wind Energy
Founded date
Jan 1, 2017
Number Of Employee
1 - 10
Operating Status
Active

Exchangium is a web platform that provides the energy industry with a secure, community-oriented environment to buy and sell new and used parts and equipment. It is unique in providing a one-stop shop approach through the addition of services, labor, classified advertising and partners offering specialty products and services. Similar platforms typically focus solely on parts and equipment. Exchangium supports the entire energy industry including gas, steam, wind, hydro, solar and nuclear power. Siemens Energy sponsors the platform and notable member companies include: BP, Calpine, Emerson, EthosEnergy, Siemens Gamesa, Engie, Lectrodryer, Groome Industrial Service Group, BNSF Logistics (a part of Berkshire Hathaway), Pioneer Motor Bearing Company, Entergy, Tata Power, AP+M, Caldwell Energy, Associated Electric Cooperative Inc, China National Offshore Oil Corporation, ExxonMobil and Duke Energy. As of June 2020 over 2300 companies hold memberships.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.50M
Exchangium has raised a total of $1.50M in funding over 2 rounds. Their latest funding was raised on Oct 1, 2017 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 1, 2017 Seed $0.90M 1 Siemens AG Detail
May 1, 2017 Seed $600K 1 Siemens AG Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Exchangium is funded by 1 investors. Siemens AG are the most recent investors.
Investor Name Lead Investor Funding Round
Siemens AG Yes Seed