About AusNet Services
AusNet Services is a company based in Melbourne (Australia) founded in 2005 was acquired by Brookfield Asset Management in November 2021.. AusNet Services has raised $7.44 million across 3 funding rounds from investors including Brookfield Asset Management, AIMCo and State Grid Corporation of China. AusNet Services offers products and services including Electricity Connection, Gas Connection, Outage Reporting, and Solar Connection.
- Headquarter Melbourne, Australia
- Stage Public
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$7.44 M (USD)
in 3 rounds
-
Latest Funding Round
$313.8 M (USD), Debt – Conventional
Feb 22, 2018
-
Investors
Brookfield Asset Management
& 6 more
-
Employee Count
Employee Count
-
Acquired by
Brookfield Asset Management
(Nov 01, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of AusNet Services
AusNet Services offers a comprehensive portfolio of products and services, including Electricity Connection, Gas Connection, Outage Reporting, and Solar Connection. 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.
Service for linking properties to the electricity network
Service for linking properties to the gas network
Platform for reporting and tracking power outages
Service for integrating solar systems into the energy network
Funding Insights of AusNet Services
AusNet Services has successfully raised a total of $7.44M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $313.8 million completed in February 2018. 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 3
- Last Round Debt – Conventional — $313.8M
-
First Round
First Round
(28 May 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Debt – Conventional - AusNet Services | Valuation |
investors |
|
| May, 2013 | Amount | Series B - AusNet Services | Valuation | State Grid Corporation of China |
|
| May, 2009 | Amount | Series A - AusNet Services | Valuation |
investors |
|
| 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 AusNet Services
AusNet Services has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Brookfield Asset Management, AIMCo and State Grid Corporation of China. 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 |
|---|---|---|---|---|
|
Focus is placed on real estate and renewable energy investments.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Serves as a superannuation fund providing retirement savings solutions in Australia.
|
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 AusNet Services
| 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 - AusNet Services
| 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 |
Ausnet Services Comparisons
Competitors of AusNet 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 Ausnet Services
Frequently Asked Questions about AusNet Services
When was AusNet Services founded?
AusNet Services was founded in 2005 and raised its 1st funding round 4 years after it was founded.
Where is AusNet Services located?
AusNet Services is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of AusNet Services?
Nino Ficca is the current CEO of AusNet Services.
Is AusNet Services a funded company?
AusNet Services is a funded company, having raised a total of $7.44M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7.44M, raised on May 28, 2009.
What does AusNet Services do?
AusNet Services was established in 2005 in Melbourne, Australia, as an infrastructure fund targeting the energy sector. Electricity and gas networks are owned and operated across Victoria and other regions. Transmission and distribution services are provided to support energy delivery. Leadership is provided by CEO and Managing Director Nino Ficca, with a focus on stable asset management for investors.
What products or services does AusNet Services offer?
AusNet Services offers Electricity Connection, Gas Connection, Outage Reporting, and Solar Connection.
Who are AusNet Services's investors?
AusNet Services has 7 investors. Key investors include Brookfield Asset Management, AIMCo, State Grid Corporation of China, Sunsuper, and Hoopp.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.