About Ambit Energy
Ambit Energy is a company based in Dallas (United States) founded in 2006 by Jere Thompson Jr was acquired by Vistra Energy in August 2019. It operates as a Direct-to-Consumer (D2C), and Affiliate Model. Ambit Energy offers products and services including Energy Plans and Home Services.
- Headquarter Dallas, United States
- Founders Jere Thompson Jr
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ambit Energy
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Vistra Energy
(Aug 20, 2019)
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Products & Services of Ambit Energy
Ambit Energy offers a comprehensive portfolio of products and services, including Energy Plans and Home 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.
Energy plans are provided for residential and business customers.
Home services are offered alongside primary energy plans.
Funding Insights of Ambit 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 |
Investors in Ambit Energy
Ambit Energy has secured backing from 1 investor. Prominent investors backing the company include Vistra Energy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Integrated power production and retailing company
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ambit Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 |
Financial Statements - Ambit 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 |
Ambit Energy Comparisons
Competitors of Ambit 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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Frequently Asked Questions about Ambit Energy
When was Ambit Energy founded?
Ambit Energy was founded in 2006.
Where is Ambit Energy located?
Ambit Energy is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Ambit Energy?
Jere Thompson Jr is the current CEO of Ambit Energy. They have also founded this company.
What does Ambit Energy do?
Ambit Energy is involved in the retail supply of electricity and related services to residential and business customers across multiple states in the United States. Operations are focused on offering various energy plans with features like price protection, seasonal discounts, and monthly rewards. Additional services such as home protection plans are provided. The company also supports a consultant program where individuals can earn income by referring others. Licensed operations are conducted in states including California, Texas, and New York, among others.
What products or services does Ambit Energy offer?
Ambit Energy offers Energy Plans and Home Services.
Who are Ambit Energy's investors?
Ambit Energy has 1 investor. Key investors include Vistra Energy.