About APX
APX is a company based in San Jose (United States) founded in 1996 by Edward Cazalet was acquired by Xpansiv in March 2022. It operates as a SaaS (Software-as-a-Service), and Managed Services. APX has raised $36.1 million across 2 funding rounds from investors including Bank of America, Xpansiv and VINCI Energies. APX offers products and services including MarketSuite® Platform, North American Renewables Registry (NAR), Tradable Instrument for Global Renewables (TIGR), and ESGclear.
- Headquarter San Jose, United States
- Founders Edward Cazalet
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Apx
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36.1 M (USD)
in 2 rounds
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Latest Funding Round
$2.52 B (USD), Debt – Conventional
Jul 13, 2021
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Investors
Bank of America
& 9 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of APX
APX offers a comprehensive portfolio of products and services, including MarketSuite® Platform, North American Renewables Registry (NAR), Tradable Instrument for Global Renewables (TIGR), and ESGclear. 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.
Platform used for secure wholesale energy scheduling integration.
Registry used for tracking renewable energy credits globally.
System used for managing global renewable energy portfolios.
Tool used for tracking corporate environmental impact factors.
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Funding Insights of APX
APX has successfully raised a total of $36.1M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.52 billion completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $2.5B
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First Round
First Round
(11 Oct 2000)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Debt – Conventional - APX | Valuation |
investors |
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| Oct, 2000 | Amount | Series C - APX | 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 APX
APX has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Bank of America, Xpansiv and VINCI Energies. 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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Early-stage investments are made in US companies across key sectors.
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Founded Year | Domain | Location | |
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Early stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Investments are made in US life sciences and energy companies.
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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 APX
| 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 - APX
| 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 |
Apx Comparisons
Competitors of APX
| 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 APX
When was APX founded?
APX was founded in 1996 and raised its 1st funding round 4 years after it was founded.
Where is APX located?
APX is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Is APX a funded company?
APX is a funded company, having raised a total of $36.1M across 2 funding rounds to date. The company's 1st funding round was a Series C of $36.1M, raised on Oct 11, 2000.
What does APX do?
APX is established as a pioneer in environmental commodity infrastructure, focusing on energy and sustainability markets since 1996. The company is engaged in providing proprietary registries like NAR and TIGR for renewable energy tracking worldwide. Solutions offered include power scheduling and energy accounting through the MarketSuite platform. Services are extended to corporate sustainability programs and environmental markets across the United States and internationally. Innovation in tracking systems for carbon offsets and renewable energy credits is prioritized. Clients are supported in transitioning to cleaner energy practices with a focus on market awareness. A SOC2 certification is held, ensuring robust security in operations.
What products or services does APX offer?
APX offers MarketSuite® Platform, North American Renewables Registry (NAR), Tradable Instrument for Global Renewables (TIGR), and ESGclear.
Who are APX's investors?
APX has 10 investors. Key investors include Bank of America, Xpansiv, VINCI Energies, FirstEnergy Corp, and Ausy.
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