About Acorn Energy
Acorn Energy is a company based in Wilmington (United States) founded in 1986.. The company has 26 employees as of December 31, 2024. Acorn Energy has completed 1 acquisition, including Coreworx. Acorn Energy offers products and services including Remote Monitoring Systems and Control Services.
- Headquarter Wilmington, United States
- Employees 26 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
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Social
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- Legal Name Acorn Energy, Inc.
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Annual Revenue
$10.99 M36.32as on Dec 31, 2024
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Net Profit
$6.29 M5189.08as on Dec 31, 2024
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EBITDA
$2.06 M466.94as on Dec 31, 2024
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Latest Funding Round
$1.5 M (USD), Post-IPO
Jul 15, 2019
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Investors
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Employee Count
26
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Acorn Energy
Acorn Energy is a publicly listed company on the NASDAQ with ticker symbol ACFN in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Acorn Energy
Acorn Energy offers a comprehensive portfolio of products and services, including Remote Monitoring Systems and Control Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Systems for monitoring backup power generators are offered to ensure reliable oversight of industrial assets.
Services for controlling pipelines and other assets are provided through remote technologies.
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Funding Insights of Acorn Energy
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $1.5M
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First Round
First Round
(01 Aug 2006)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Post-IPO - Acorn Energy | Valuation |
investors |
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| Feb, 2017 | Amount | Debt – Conventional - Acorn Energy | Valuation |
investors |
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| Aug, 2015 | Amount | Post-IPO - Acorn Energy | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Acorn Energy
Acorn Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Coreworx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Project execution cost control
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Acorn Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acorn Energy Comparisons
Competitors of Acorn Energy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Acorn Energy
Frequently Asked Questions about Acorn Energy
When was Acorn Energy founded?
Acorn Energy was founded in 1986 and raised its 1st funding round 20 years after it was founded.
Where is Acorn Energy located?
Acorn Energy is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of Acorn Energy?
Jan Loeb is the current CEO of Acorn Energy.
How many employees does Acorn Energy have?
As of Dec 31, 2024, the latest employee count at Acorn Energy is 26.
What is the annual revenue of Acorn Energy?
Annual revenue of Acorn Energy is $10.99M as on Dec 31, 2024.
What does Acorn Energy do?
Acorn Energy was founded in 1986 in Wilmington, United States. Systems for remote monitoring and control of industrial assets are developed and supplied. Wireless solutions are offered for equipment such as generators, pipelines, turbines, compressors, and pumps. Real-time data collection and remote management features are included to support maintenance activities. Operations focus on the industrial sector across various asset types.
What products or services does Acorn Energy offer?
Acorn Energy offers Remote Monitoring Systems and Control Services.
Is Acorn Energy publicly traded?
Yes, Acorn Energy is publicly traded on NASDAQ under the ticker symbol ACFN.
How many acquisitions has Acorn Energy made?
Acorn Energy has made 1 acquisition, including Coreworx.
What is Acorn Energy's ticker symbol?
The ticker symbol of Acorn Energy is ACFN on NASDAQ.