Cleco

Pineville, United States Founded: 1934 • Age: 92 yrs Acquired By BCI
Provider of electricity and related services
Request Access

About Cleco

Cleco is a company based in Pineville (United States) founded in 1934 was acquired by BCI in October 2014.. The company has 1,277 employees as of December 31, 2022.

  • Headquarter Pineville, United States
  • Employees 1277 as on 31 Dec, 2022
  • Stage Public
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
    $1.27 B
    16
    as on Dec 31, 2014
  • Net Profit
    $154.74 M
    -4
    as on Dec 31, 2014
  • EBITDA
    $432.54 M
    -4
    as on Dec 31, 2014
  • Latest Funding Round
    $40 M (USD), Grant

    May 04, 2010

  • Investors
    BCI

    & 3 more

  • Employee Count
    1277

    as on Dec 31, 2022

  • Acquired by
    BCI

    (Oct 20, 2014)

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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

Funding Insights of Cleco

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $40.0M
  • First Round

    (04 May 2010)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2010 Amount Grant - Cleco 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 Cleco

Cleco has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include BCI, Macquarie Infrastructure and Real Assets and OSTI.GOV. 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
Asset management services focusing on infrastructure, real assets, and investments globally.
Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
Founded Year Domain Location
Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
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 Cleco

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 - Cleco

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

Cleco Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Cleco

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 Cleco

Frequently Asked Questions about Cleco

When was Cleco founded?

Cleco was founded in 1934 and raised its 1st funding round 76 years after it was founded.

Where is Cleco located?

Cleco is headquartered in Pineville, United States.

How many employees does Cleco have?

As of Dec 31, 2022, the latest employee count at Cleco is 1,277.

What is the annual revenue of Cleco?

Annual revenue of Cleco is $1.27B as on Dec 31, 2014.

What does Cleco do?

Cleco was founded in 1934 and operates in the utilities sector from Pineville, United States. Electricity is generated, transmitted, and distributed to residential, commercial, and industrial users. Services include billing, customer support, and outage handling. Programs for energy efficiency and renewable integration are offered, along with support for new electric service connections, vehicle charging, and community sustainability efforts.

Who are Cleco's investors?

Cleco has 4 investors. Key investors include BCI, Macquarie Infrastructure and Real Assets, OSTI.GOV, and John Hancock.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available