Avantus

West Haven, United States Founded: 2009 • Age: 17 yrs Acquired By KKR
Large-scale solar power plants and energy storage solutions are developed.
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About Avantus

Avantus is a company based in West Haven (United States) founded in 2009 was acquired by KKR in March 2024. It operates as a Green Energy-as-a-Service. Avantus offers products and services including Utility-Scale Solar Projects and Energy Storage Solutions. Avantus operates in a competitive market with competitors including Stavvy, FirstClose, Staircase, Black Knight and Digital Risk, among others.

  • Headquarter West Haven, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Avantus Llc
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    KKR

    (Mar 20, 2024)

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Products & Services of Avantus

Avantus offers a comprehensive portfolio of products and services, including Utility-Scale Solar Projects and Energy Storage Solutions. 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

Solar projects are developed for large-scale energy production.

Storage systems are built for reliable energy supply management.

People of Avantus
Headcount 50-200
Employee Profiles 38
Employee Profiles
People
Julie Love
Director, Transmission & Interconnection
People
Emily Arnold
Sr. Vice President, Engineering
People
Andrew Sharer
Vice President , Origination
People
Joyce Bui
Senior Director, Interconnection & HV Project Management

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Funding Insights of Avantus

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 Avantus

Avantus has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include KKR. 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
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
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 Avantus

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 - Avantus

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

Avantus Comparisons

Employees
+
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Competitors of Avantus

Avantus 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 Stavvy, FirstClose, Staircase, Black Knight and Digital Risk, 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.

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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Avantus

Frequently Asked Questions about Avantus

When was Avantus founded?

Avantus was founded in 2009.

Where is Avantus located?

Avantus is headquartered in West Haven, United States. It is registered at West Haven, Connecticut, United States.

Who is the current CEO of Avantus?

Louis Capobianco is the current CEO of Avantus.

What does Avantus do?

Avantus is engaged in the development and operation of utility-scale solar and energy storage projects, primarily in the Western United States. The company is recognized for creating one of the largest solar clusters in the nation and pioneering cost-competitive solar solutions. Expertise is applied across the full project lifecycle, from greenfield development to construction and operations. Collaboration with landowners, community leaders, and partners is emphasized to deliver affordable and reliable clean energy. A commitment to modernizing the grid and supporting a secure energy future is maintained through innovative projects and stakeholder engagement.

Who are the top competitors of Avantus?

Avantus's top competitors include Burrow, Stavvy and Mortgage Automator.

What products or services does Avantus offer?

Avantus offers Utility-Scale Solar Projects and Energy Storage Solutions.

Who are Avantus's investors?

Avantus has 1 investor. Key investors include KKR.

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