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Polar Power

NASDAQ: POLA

Gardena, US · Founded 1979 · Delaware corporation · 45 employees on LinkedIn · 2 known investors

Find your way into Polar Power

Polar Power designs and manufactures DC power systems and renewable energy products, historically including solar-powered refrigeration, charge controllers, water pumps, and telecommunication power systems. The company also builds manual and automated test systems for the aerospace industry.

CleantechEnergyHardware

Founders & leadership

Polar Power was founded in 1979 by Arthur D. Sams.

ADArthur D. Sams
Arthur D. SamsFounder · PresidentHe has led the company since 1979, overseeing its operations across more than four decades in the power generation equipment business.
LZLuis Zavala
Luis ZavalaChief Financial Officer
BS
Balwinder SamraExecutive
KK
Katherine KosterNamed on SEC filing
MG
Matthew GoldmanNamed on SEC filing
KA
Keith AlbrechtNamed on SEC filing
RM
Rajesh MasinaNamed on SEC filing
PGPeter Gross
Peter GrossMember of the Board of Directors2017–2024Advisor, Managing Partner of PMG Associates; Former Founder and CEO of EYP Mission Critical Facilities at Overture Climate

Investors · 2

Also in the syndicate · 2

CL InvestmentLU2

Funding

SEC filings, press & company announcements

$4M disclosed across 2 of 3 rounds · 2014–2026

  • Undisclosed amountSeries AAug 2026

    CL Investment, LU2

    Source ↗
▶$2.8MraisedJul 2020 · 6 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Katherine KosterDirector
  • Luis ZavalaExecutive Officer
  • Arthur D. SamsExecutive Officer, Director
  • Matthew GoldmanDirector
  • Keith AlbrechtDirector
  • Rajesh MasinaExecutive Officer
  • Peter GrossDirector
Offering amount
$2.8M
Amount sold
$2.8M
Sales commissions
$168.8K
Placement agents
ROTH Capital Partners, LLC
First sale
Jul 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.2MraisedOct 2014 · 8 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Balwinder SamraDirector
  • Arthur D. SamsExecutive Officer, Director
Offering amount
$2M
Amount sold
$1.2M
Minimum investment
$10K
First sale
Oct 2014
Incorporated
Corporation, California
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$68.5Mvaluation at IPODec 2016 · $7.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Competitors · 2

by search overlap
Cummins64 shared keywordsCummins manufactures and sells diesel, natural gas, gasoline, electric and hybrid powertrains, power generation systems, and components including aftertreatment systems, turbochargers, transmissions and axles for heavy-duty trucks, medium-duty vehicles, light-duty automotive, industrial applications and power generation markets worldwide, serving original equipment manufacturers, distributors and dealers through a global network of approximately 640 distributor locations and 13,000 dealer locations.
SparkCharge64 shared keywordsSparkCharge develops mobile off-grid electric vehicle chargers and operates a charging network for EV users. The company focuses on making EV charging more accessible and reducing carbon emissions in the mobility sector.

Companies competing with Polar Power for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Polar Power do?
Polar Power designs and manufactures DC power systems and renewable energy products, historically including solar-powered refrigeration, charge controllers, water pumps, and telecommunication power systems. The company also builds manual and automated test systems for the aerospace industry.
Who founded Polar Power?
Polar Power was founded by Arthur D. Sams in 1979.
How much funding has Polar Power raised?
Polar Power has disclosed $4M raised across 2 of its 3 known rounds.
Where is Polar Power headquartered?
Polar Power is headquartered in Gardena, US.