Insights

Growth funding LC Drives has attracted significant investment and grants, including a $15M Series A led by Koch Engineered Solutions and over $1M in state grants. This indicates a proven investor interest and capacity for scaling manufacturing and deploying larger, higher-volume orders.

Global expansion The company has expanded facilities from the U.S. to Potsdam, Germany, and Western Europe, signaling readiness to serve international customers and diversify supply chains. This creates sales opportunities with global OEMs seeking localized manufacturing or regional partnerships.

PM motor advantage LC Drives specializes in patented permanent magnet motor and generator technologies that enable smaller, lighter, more efficient, and lower-cost machines for 10 kW to 10 MW ranges. This positions them well to compete for high-efficiency motor projects across automotive, industrial, and energy sectors.

Industry partnerships A track record includes collaborations with Electronic Power Design and multiple industry awards, highlighting credibility and readiness to co-develop and test solutions with clients. This can shorten procurement cycles for joint development opportunities.

Mid-market focus Revenue is in the sub-$10M range with a mid-sized employee base, suggesting a buyer focus on mid-market OEMs and project-based engagements where LC Drives’ scalable manufacturing and customization capabilities can win strategic contracts against larger incumbents.

Similar companies to LC Drives

LC Drives Tech Stack

LC Drives uses 8 technology products and services including SOLIDWORKS, Amazon Web Services, WordPress, and more. Explore LC Drives's tech stack below.

Media & News

LC Drives's Email Address Formats

LC Drives uses at least 2 email formats:
LC Drives Email FormatsExamplePercentage
FLast@lcdrives.comJDoe@lcdrives.com
93%
Last@lcdrives.comDoe@lcdrives.com
7%

Frequently Asked Questions

What is LC Drives's official website and social media links?

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LC Drives's official website is lcdrives.com and has social profiles on LinkedIn.

How much revenue does LC Drives generate?

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As of July 2026, LC Drives's annual revenue is estimated to be $1M - $10M.

What is LC Drives's NAICS code?

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LC Drives's NAICS code is 335 - Electrical Equipment, Appliance, and Component Manufacturing.

How many employees does LC Drives have currently?

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As of July 2026, LC Drives has approximately 66 employees across 1 continents, including North America. Key team members include Vice President And Secretary: K. A., Contract Risk Services Leader: T. S. and Engineering Technician: M. M. Explore LC Drives's employee directory with LeadIQ.

What industry does LC Drives belong to?

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LC Drives operates in the Electrical/Electronic Manufacturing industry.

What technology does LC Drives use?

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LC Drives's tech stack includes SOLIDWORKS, Amazon Web Services, WordPress, Microsoft 365, Amazon ALB, Trustpilot, PHP and Apache.

What is LC Drives's email format?

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LC Drives's email format typically follows the pattern of FLast@lcdrives.com. Find more LC Drives email formats with LeadIQ.

How much funding has LC Drives raised to date?

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As of July 2026, LC Drives has raised $16M in funding. The last funding round occurred on Nov 20, 2019.

When was LC Drives founded?

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LC Drives was founded in 2012.
LC Drives logo

LC Drives

Electrical/Electronic ManufacturingNew York, United States51-200 Employees

LC Drives develops and manufactures electric motors and generators based on patented permanent magnet technology, serving machines from 10 kW to 10 MW. The innovations are intended to deliver smaller, lighter, more efficient, and lower-cost devices than conventional machines, while improving performance and reliability. The company operates from two New York locations, in Potsdam and Ballston Spa, led by an experienced management team with deep industry expertise.

Within the appliances, electrical, and electronics manufacturing sector, LC Drives focuses on electric motors and generators for industrial-scale applications. The company’s patented approaches have drawn interest from large international firms seeking higher-performance, compact designs. With a mid-sized workforce across its Potsdam and Ballston Spa locations, LC Drives positions itself as a specialized player pursuing scalable manufacturing capability.

Section iconCompany Overview

NAICS Code
335 - Electrical Equipment, Appliance, and Component Manufacturing
Founded
2012
Employees
51-200

Section iconFunding & Financials

  • $16M

    LC Drives has raised a total of $16M of funding over 6 rounds. Their latest funding round was raised on Nov 20, 2019 as a Series A.

  • $1M - $10M

    LC Drives's revenue is estimated to be in the range of $1M - $10M

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