Pavegen Systems

Pavegen have globally pioneered a flooring tile that converts the wasted kinetic energy from footsteps into renewable electricity. The highly-engaging, people-powered innovation has the ability to transform smart cities of the future, entirely through footfall. Headquartered in London, we have generated cumulative revenues in excess of £2.5 million, with over 100 completed projects in 30 countries worldwide. Key global clients include: Diageo, Schneider Electric, Ford Motor Company, Adidas, Siemens, Nike, Coca-Cola, and West Ham Station for the 2012 Olympics.
Company Growth (employees)
London, GB
Size (employees)
42 (est)+8%
Pavegen Systems was founded in 2009 and is headquartered in London, GB

Pavegen Systems Office Locations

Pavegen Systems has an office in London

Pavegen Systems Data and Metrics

Summary Metrics

Founding Date


Total Funding

$4.1 m

Latest funding size

$3.1 m

Time since last funding

about 2 years


Pavegen Systems's latest funding round in July 2015 was reported to be $3.1 m. In total, Pavegen Systems has raised $4.1 m

Pavegen Systems Financial Metrics

Pavegen Systems's revenue was reported to be £895.7 k in FY, 2015 which is a 24% increase from the previous period.

Revenue (FY, 2015)

895.7 k

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

(52.6 k)

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

(785.4 k)

Cash (31-Dec-2015)

1.4 m
GBPFY, 2014FY, 2015


721.2 k895.7 k

Revenue growth, %


Cost of goods sold

459.2 k948.3 k

Gross profit

262 k(52.6 k)

Gross profit Margin, %


Pre tax profit

(151.4 k)(785.4 k)

Net Income

(151.4 k)(785.4 k)
GBPFY, 2013FY, 2014FY, 2015


44.7 k457.5 k1.4 m

Accounts Receivable

370.9 k85.6 k150.2 k

Current Assets

506.2 k665.1 k1.8 m


37.8 k24.8 k30.5 k


21.7 k16.9 k9.1 k

Total Assets

565.7 k706.9 k1.8 m

Accounts Payable

441 k45.9 k115.3 k

Current Liabilities

441 k230.6 k213.8 k

Total Liabilities

441 k230.6 k213.8 k

Retained Earnings

(151.4 k)(785.4 k)

Total Equity

124.7 k476.3 k1.6 m

Financial Leverage

4.5 x1.5 x1.1 x
GBPY, 2015


34.9 k

Financial Leverage

1.1 x

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Pavegen Systems Company Life and Culture

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