UgoWork

About UgoWork

UgoWork develops, manufactures, and offers energy expertise and innovative lithium-ion batteries for the material handling industry. The company provides flexible, cost-efficient energy management solutions through an Energy as a Service model, ensuring uptime and operational efficiency for sectors like food and beverage, manufacturing, transportation, and distribution.

Products & Services

Energy as a Service:A pay-per-use energy management solution for end-to-end management of energy assets in the material handling industry, offering flexibility and guaranteed uptime.

Lithium-ion Batteries:High-performance batteries for industrial trucks (Class I, II, III), available in 24V, 36V, and 48V configurations, designed to replace lead-acid batteries with superior efficiency and IoT connectivity for fleet optimization.

Multi-voltage Charging Station:High-efficiency charging infrastructure for UgoWork lithium-ion batteries, supporting multiple voltage levels.

UgoPilot Energy Management Platform:A cloud-based battery and energy intelligence platform to manage and optimize energy usage and fleet operations.

Specialties

Lithium-ion Battery Technology Energy as a Service Fleet Optimization Energy Management for Industrial Trucks

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series C T: - FT: Series C	A: 51000000 MR: - FA: $51M FAN: 51000000	D: 2024-07-31 FD: 2024-07-31	4 investors
2	RT: Grant T: - FT: Grant	A: 3200000 MR: - FA: $3.2 million FAN: 3200000	D: 2023-06-22 FD: 2023-06-22	1 investors

Series C Latest

2024-07-31

$51.0M

4 investors (Pro only)

Grant 2023-06-22

$3.2M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

P

Philippe Beauchamp

CEO and Cofounder

R

Rami Jarjour

COO and Cofounder

L

Louis Têtu

Executive chair, former CEO | Coveo

LinkedIn (Pro only)

P

Pierre Marcouiller

President

J

Jean Lavigueur

Strategic Advisor, former CFO | Coveo

G

Geneviève Grenier

Partner & Co-founder

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Recent News

UgoWork Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised