Arevon

California City, United States Founded: 2011 • Age: 15 yrs Acquired By APG
Developer of solar energy projects
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About Arevon

Arevon is a company based in California City (United States) founded in 2011 was acquired by APG in August 2021.. Arevon has raised $350 million across 1 funding round from investors including Blackstone, APG and CalSTRS. Arevon operates in a competitive market with competitors including Enel X, Recurrent Energy, Longroad Energy, Origis Energy and Hillman Group, among others.

  • Headquarter California City, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $350 M (USD)

    in 1 rounds

  • Latest Funding Round
    $350 M (USD), Series D

    Feb 13, 2024

  • Investors
    Blackstone

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    APG

    (Aug 17, 2021)

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People of Arevon
Headcount 50-200
Employee Profiles 45
Employee Profiles
People
Shanelle Evens Montana
Chief Development Officer (cdo)
People
Michelle Rodriguez
Senior Manager of Origination
People
Paul Smerchanski
Vice President, Origination
People
Chase Warr
Director of Operations

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Funding Insights of Arevon

Arevon has successfully raised a total of $350M through 1 strategic funding round. The most recent funding activity was a Series D round of $350 million completed in February 2024. 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 Rounds 1
  • Last Round Series D — $350.0M
  • First Round

    (13 Feb 2024)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Series D - Arevon Valuation Blackstone
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 Arevon

Arevon has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone, APG and CalSTRS. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Provides retirement benefits, webinars, and tools for teachers in California.
Founded Year Domain Location
Pension assets are managed for Dutch families and retirees.
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 Arevon

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 - Arevon

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

Arevon Comparisons

Employees
+
Add Comparison
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Competitors of Arevon

Arevon 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 Enel X, Recurrent Energy, Longroad Energy, Origis Energy and Hillman Group, 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
Utility-scale renewable energy projects are developed by Enel X.
domain founded_year HQ Location
Utility-scale solar projects are developed and owned by Recurrent Energy.
domain founded_year HQ Location
Utility-scale wind and solar power projects are developed.
domain founded_year HQ Location
Utility-scale and commercial solar projects are developed worldwide.
domain founded_year HQ Location
Hardware and home improvement products are supplied to retail markets.
domain founded_year HQ Location
Provider of renewable energy asset development, construction, and operation services
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 Arevon

Frequently Asked Questions about Arevon

When was Arevon founded?

Arevon was founded in 2011 and raised its 1st funding round 13 years after it was founded.

Where is Arevon located?

Arevon is headquartered in California City, United States. It is registered at California City, California, United States.

Is Arevon a funded company?

Arevon is a funded company, having raised a total of $350M across 1 funding round to date. The company's 1st funding round was a Series D of $350M, raised on Feb 13, 2024.

What does Arevon do?

Arevon was founded in 2011 in California City, United States, within the renewable energy sector. Solar energy projects are developed and managed by the company, with operations centered on utility-scale facilities. Focus is placed on project acquisition, construction, and long-term asset ownership across various U.S. regions. The companys online presence is maintained through the domain arevonenergy.com, supporting investor and stakeholder engagement in sustainable energy initiatives.

Who are the top competitors of Arevon?

Arevon's top competitors include Enel X, Longroad Energy and Recurrent Energy.

Who are Arevon's investors?

Arevon has 3 investors. Key investors include Blackstone, APG, and CalSTRS.

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