About Conservice
Conservice is a company based in Logan (United States) founded in 1999 by Dave Jenkins was acquired by TPG in December 2025.. Conservice has completed 2 acquisitions, including Conservice ESG and WaterWatch. Conservice offers products and services including Utility Management and ESG Platform.
- Headquarter Logan, United States
- Founders Dave Jenkins
-
Sectors
Real Estate & ConstructionEnergy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Conservice, Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
TPG
& 2 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Conservice ESG
& 1 more
-
Acquired by
TPG
(Dec 22, 2025)
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.
- 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
Products & Services of Conservice
Conservice offers a comprehensive portfolio of products and services, including Utility Management and ESG Platform. 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.
Utilities are managed for properties to reduce costs and ensure compliance
Sustainability goals are supported through tools that handle waste management and energy procurement
Unlock access to complete
Funding Insights of Conservice
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Private Equity Round - Conservice | Valuation | Advent International |
|
| Jun, 2016 | Amount | Private Equity Round - Conservice | 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 Conservice
Conservice has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TPG, Advent International and TA Associates. 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 |
|---|---|---|---|---|
|
Private equity firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Multiple sectors are invested in by private equity firm TA.
|
Founded Year | Domain | Location | |
|
Fund of funds focused on pre-seed and seed-stage companies
|
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 Conservice
Conservice has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Conservice ESG and WaterWatch. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Energy management solutions are delivered via a SaaS platform.
|
2008 | ||||
|
Gas and electricity are supplied to customers by WaterWatch.
|
1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Conservice
| 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 |
Conservice Comparisons
Competitors of Conservice
| 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 Conservice
When was Conservice founded?
Conservice was founded in 1999 and raised its 1st funding round 17 years after it was founded.
Where is Conservice located?
Conservice is headquartered in Logan, United States. It is registered at Logan, Utah, United States.
What does Conservice do?
Conservice provides utility management and billing services for property owners. It offers utility and ancillary billing services, conservation products and services, and daily meter reads allowing for leak detection and asset integrity, utility expense management, vacant billing and cost recovery, and resident payment processing solutions, and energy procurement, data exchange, contract and vendor management, and due diligence services. The company serves multifamily, single family, campus, commercial, and military customers and is based in River Heights, Utah.
What products or services does Conservice offer?
Conservice offers Utility Management and ESG Platform.
How many acquisitions has Conservice made?
Conservice has made 2 acquisitions, including Conservice ESG, and WaterWatch.
Who are Conservice's investors?
Conservice has 3 investors. Key investors include TPG, Advent International, and TA Associates.