About American Electric Power
American Electric Power is a company based in Columbus (United States) founded in 1906.. The company has 16,329 employees as of December 31, 2024. American Electric Power offers products and services including Electricity Supply and Economic Development Services.
- Headquarter Columbus, United States
- Employees 16329 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
*********
- Legal Name American Electric Power Company, Inc.
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Annual Revenue
$19.92 B2.76as on Dec 31, 2024
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Net Profit
$2.97 B34.37as on Dec 31, 2024
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EBITDA
$8.15 B11.4as on Dec 31, 2024
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Latest Funding Round
$27.8 M (USD), Grant
Oct 19, 2023
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Investors
DOE
& 1 more
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Employee Count
16329
as on Dec 31, 2024
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IPO & Listings of American Electric Power
American Electric Power is a publicly listed company on the NASDAQ with ticker symbol AEP in USA, operating in the Utilities 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 American Electric Power
American Electric Power offers a comprehensive portfolio of products and services, including Electricity Supply and Economic Development 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.
Electricity is distributed to residential and commercial users, supporting reliable power needs across multiple states
Assistance is provided for business growth and site selection within service territories
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Software Development Team
136 people
Leadership Team
74 people
Legal and Compliance
24 people
Data Analysis and Operations Team
16 people
Senior Team
16 people
Operations Team
14 people
Human Resources and Administration
14 people
Principal Team
11 people
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Funding Insights of American Electric Power
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $27.8M
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First Round
First Round
(31 Dec 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Grant - American Electric Power | Valuation |
investors |
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| Jan, 2019 | Amount | Debt – Conventional - American Electric Power | Valuation |
investors |
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| Jan, 2010 | Amount | Grant - American Electric Power | Valuation |
investors |
| 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 American Electric Power
American Electric Power has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DOE and OSTI.GOV. 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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Energy sources and policies are managed by the DOE.
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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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 American Electric Power
| 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 - American Electric Power
| 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 |
American Electric Power Comparisons
Competitors of American Electric Power
| 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 American Electric Power
Frequently Asked Questions about American Electric Power
When was American Electric Power founded?
American Electric Power was founded in 1906 and raised its 1st funding round 103 years after it was founded.
Where is American Electric Power located?
American Electric Power is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Who is the current CEO of American Electric Power?
Akins Elected is the current CEO of American Electric Power.
How many employees does American Electric Power have?
As of Dec 31, 2024, the latest employee count at American Electric Power is 16,329.
What is the annual revenue of American Electric Power?
Annual revenue of American Electric Power is $19.92B as on Dec 31, 2024.
What does American Electric Power do?
American Electric Power was established in 1906 in Columbus, United States, within the utility sector. Power generation, transmission, distribution, and retail energy sales are managed as core operations. Electricity and related services are delivered to more than 5 million customers across 11 states. In 2022, annual revenues reached 19.64 billion, alongside a net profit of 2.3 billion.
What products or services does American Electric Power offer?
American Electric Power offers Electricity Supply and Economic Development Services.
Is American Electric Power publicly traded?
Yes, American Electric Power is publicly traded on NASDAQ under the ticker symbol AEP.
Who are American Electric Power's investors?
What is American Electric Power's ticker symbol?
The ticker symbol of American Electric Power is AEP on NASDAQ.