About Con Edison
Con Edison is a company based in New York (United States) founded in 1884. It operates as a Subscription Services. Con Edison has completed 1 acquisition, including ConEd Energy. Con Edison offers products and services including Energy Distribution. Con Edison operates in a competitive market with competitors including NextEra Energy, Ameren, Exelon, Banpu and Hecate Energy, among others.
- Headquarter New York, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
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Social
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- Legal Name Consolidated Edison Company Of New York, Inc.
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Annual Revenue
$23 M-99as on Dec 31, 2024
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Net Profit
$1.82 B-28as on Dec 31, 2024
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EBITDA
$194 M20as on Dec 31, 2024
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Latest Funding Round
$2.25 B (USD), Debt – Conventional
Jun 07, 2019
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Con Edison
Con Edison offers a comprehensive portfolio of products and services, including Energy Distribution. 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.
Energy is distributed to residential and commercial customers daily.
Funding Insights of Con Edison
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $2.2B
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First Round
First Round
(24 Dec 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Debt – Conventional - Con Edison | Valuation |
investors |
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| Jan, 2019 | Amount | Debt – Conventional - Con Edison | Valuation |
investors |
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| Jan, 2010 | Amount | Grant - Con Edison | 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 Con Edison
Con Edison has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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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Scientific and technical information is managed and disseminated by OSTI.GOV.
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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 Con Edison
Con Edison has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ConEd Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electricity transmission-based utility projects are developed by Con Edison Energy.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Con Edison
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Con Edison Comparisons
Competitors of Con Edison
Con Edison 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 NextEra Energy, Ameren, Exelon, Banpu and Hecate 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 |
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| domain | founded_year | HQ Location |
Developer of energy solutions
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| domain | founded_year | HQ Location |
Provider of electricity and natural gas through solar energy
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| domain | founded_year | HQ Location |
Electric and natural gas distribution services are provided.
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| domain | founded_year | HQ Location |
Energy resources, generation, and technology are managed across multiple sectors.
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| domain | founded_year | HQ Location |
Provider of solar power plants, natural gas–fired power plants, wind power plants, and energy storage solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Con Edison
Frequently Asked Questions about Con Edison
When was Con Edison founded?
Con Edison was founded in 1884 and raised its 1st funding round 125 years after it was founded.
Where is Con Edison located?
Con Edison is headquartered in New York, United States. It is registered at New York, New York, United States.
What is the annual revenue of Con Edison?
Annual revenue of Con Edison is $23M as on Dec 31, 2024.
What does Con Edison do?
Energy distribution services are provided by Con Edison to residential and commercial customers in New York. Operations are focused on building a climate-resilient grid aimed at delivering 100 clean energy by 2040. The company is engaged in various subsidiaries including Con Edison of New York, Orange Rockland, and Con Edison Transmission, ensuring sustainable energy solutions across its service areas.
Who are the top competitors of Con Edison?
Con Edison's top competitors include NextEra Energy, Ameren and Exelon.
What products or services does Con Edison offer?
Con Edison offers Energy Distribution.
How many acquisitions has Con Edison made?
Con Edison has made 1 acquisition, including ConEd Energy.
Who are Con Edison's investors?
Con Edison has 1 investor. Key investors include OSTI.GOV.
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