CODA Energy

Monrovia, United States Founded: 2001 • Age: 25 yrs Acquired By Fortress Investment
Modular lithium-based energy storage systems are designed for energy backup.
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About CODA Energy

CODA Energy is a company based in Monrovia (United States) founded in 2001 was acquired by Fortress Investment in June 2013.. CODA Energy has raised $116.77 million across 2 funding rounds from investors including Fortress Investment, Harbinger Capital Partners and Riverstone Holdings. CODA Energy offers products and services including Sports Betting, Casino Games, Slot Machines, and Lottery Services. CODA Energy operates in a competitive market with competitors including A123 Systems, Corvus Energy, Ampd Energy, Microvast and Powin Energy, among others.

  • Headquarter Monrovia, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Coda Energy Holdings Llc
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $116.77 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Fortress Investment

    (Jun 25, 2013)

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Products & Services of CODA Energy

CODA Energy offers a comprehensive portfolio of products and services, including Sports Betting, Casino Games, Slot Machines, and Lottery Services. 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

Service for wagering on sports events like football and basketball.

Platform for playing games such as baccarat and blackjack.

Digital slots with themes like adventure and mythology.

Online lottery for numbers and special games.

Funding Insights of CODA Energy

CODA Energy has successfully raised a total of $116.77M across 2 strategic funding rounds. 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 2
  • Last Round
  • First Round

    (09 Aug 2011)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2014 Amount Private Equity Round - CODA Energy Valuation

investors

Aug, 2011 Amount Series D - CODA Energy Valuation Harbinger Capital Partners , Riverstone Holdings
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 CODA Energy

CODA Energy has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Fortress Investment, Harbinger Capital Partners and Riverstone Holdings. 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
Institutional
Investor Description Founded Year Domain Location
Provider of credit, private equity, and capital investment services
Founded Year Domain Location
-
Founded Year Domain Location
Asset management firm investing in energy, power, and infrastructure globally.
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 CODA Energy

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 - CODA Energy

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

Coda Energy Comparisons

Employees
+
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Competitors of CODA Energy

CODA Energy 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 A123 Systems, Corvus Energy, Ampd Energy, Microvast and Powin Energy, 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
Lithium-ion batteries for automotive and industrial uses are manufactured.
domain founded_year HQ Location
Developer of energy storage systems (ESS) based on lithium NMC technology
domain founded_year HQ Location
Developer of battery energy storage system solutions
domain founded_year HQ Location
Lithium-ion batteries for multi-category electric vehicles are developed.
domain founded_year HQ Location
Energy storage systems are provided for grid-level and behind-the-meter applications.
domain founded_year HQ Location
Lithium-ion battery systems for energy storage are developed.
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.

Frequently Asked Questions about CODA Energy

When was CODA Energy founded?

CODA Energy was founded in 2001 and raised its 1st funding round 10 years after it was founded.

Where is CODA Energy located?

CODA Energy is headquartered in Monrovia, United States. It is registered at Monrovia, California, United States.

Is CODA Energy a funded company?

CODA Energy is a funded company, having raised a total of $116.77M across 2 funding rounds to date. The company's 1st funding round was a Series D of $116.77M, raised on Aug 09, 2011.

What does CODA Energy do?

CODA Energy was founded in 2001 in Monrovia, United States. Lithium-based energy storage systems are provided for backup applications. Modular units are designed and built, incorporating advanced lithium-ion cells with battery and temperature management systems, as well as an integrated operating system. Small- and large-scale deployments are supported across domestic, commercial, industrial, and micro-grid sectors.

Who are the top competitors of CODA Energy?

CODA Energy's top competitors include Microvast, Corvus Energy and A123 Systems.

What products or services does CODA Energy offer?

CODA Energy offers Sports Betting, Casino Games, Slot Machines, and Lottery Services.

Who are CODA Energy's investors?

CODA Energy has 3 investors. Key investors include Fortress Investment, Harbinger Capital Partners, and Riverstone Holdings.

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