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
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Funding Insights of Cleco
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $40.0M
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First Round
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 |
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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 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Asset management services focusing on infrastructure, real assets, and investments globally.
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
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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 Cleco
| 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 - Cleco
| 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 |
Cleco Comparisons
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.
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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 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.
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