American PowerNet

Wyomissing, United States Founded: 1997 • Age: 29 yrs Acquired By Axpo
Provides wholesale electricity procurement for industrial and government entities worldwide.
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About American PowerNet

American PowerNet is a company based in Wyomissing (United States) founded in 1997 was acquired by Axpo in December 2025. It operates as a B2B. The company has 8 employees as of December 31, 2022. American PowerNet offers products and services including Wholesale Electricity Services, Renewable Power, and Power Synch. American PowerNet operates in a competitive market with competitors including Akselos, Paces, cQuant, Traverse and WATTMORE, among others.

  • Headquarter Wyomissing, United States
  • Employees 8 as on 31 Dec, 2022
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name American Powernet Services, Lp
Operational Areas
Energy & Utilities → Energy Finance & Trading
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    8

    as on Dec 31, 2022

  • Acquired by
    Axpo

    (Dec 15, 2025)

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Products & Services of American PowerNet

American PowerNet offers a comprehensive portfolio of products and services, including Wholesale Electricity Services, Renewable Power, and Power Synch. 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.

Primary

Facilitates wholesale electricity buying for large entities

Offers green energy solutions for clients

Manages power synchronization and agreements

Funding Insights of American PowerNet

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in American PowerNet

American PowerNet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Axpo. 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.

All
Institutional
Investor Description Founded Year Domain Location
Hydro power projects are developed by Axpo in Switzerland.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by American PowerNet

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - American PowerNet

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

American Powernet Comparisons

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Competitors of American PowerNet

American PowerNet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Akselos, Paces, cQuant, Traverse and WATTMORE, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based platform for operational simulation and predictive analytics is offered.
domain founded_year HQ Location
Platform for evaluating sites for renewable project development
domain founded_year HQ Location
Quantitative models for energy analytics and risk are provided.
domain founded_year HQ Location
Software solutions for wind farm prospecting and optimization are provided.
domain founded_year HQ Location
Software solutions for solar energy and storage systems are provided.
domain founded_year HQ Location
Software solutions for solar project development are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on American Powernet

Frequently Asked Questions about American PowerNet

When was American PowerNet founded?

American PowerNet was founded in 1997.

Where is American PowerNet located?

American PowerNet is headquartered in Wyomissing, United States. It is registered at Wyomissing, Pennsylvania, United States.

How many employees does American PowerNet have?

As of Dec 31, 2022, the latest employee count at American PowerNet is 8.

What does American PowerNet do?

American PowerNet is an independent company focused on wholesale electric procurement, offering services like renewable power and power synchronization. They provide transparent fee structures and direct market access to help clients save costs. Serving large commercial, industrial, government, and university entities, they operate in deregulated electricity markets. Based in Wyomissing, Pennsylvania, they innovate in energy management solutions.

Who are the top competitors of American PowerNet?

American PowerNet's top competitors include Akselos, Paces and cQuant.

What products or services does American PowerNet offer?

American PowerNet offers Wholesale Electricity Services, Renewable Power, and Power Synch.

Who are American PowerNet's investors?

American PowerNet has 1 investor. Key investors include Axpo.

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