Current Group

Germantown, United States Founded: 2000 • Age: 26 yrs Acquired By Ormazabal
Smart grid hardware and software solutions are manufactured and deployed.
Annual revenue - Latest available
Total funding $113.0M 2 rounds
Employees 21 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Current Group

Current Group is a company based in Germantown (United States) founded in 2000 was acquired by Ormazabal in March 2013. Current Group has raised $113 million across 2 funding rounds from investors including Google, Goldman Sachs and Hearst. The company has 21 employees as of December 31, 2022.

  • Headquarter Germantown, United States
  • Employees 21 as on 31 Dec, 2022
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $113 M (USD)

    in 2 rounds

  • Latest Funding Round
    $13 M (USD), Series D

    Sep 13, 2011

  • Investors
    Google

    & 6 more

  • Employee Count
    21

    as on Dec 31, 2022

  • Acquired by
    Ormazabal

    (Mar 06, 2013)

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Funding Insights of Current Group

Current Group has successfully raised a total of $113M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $13 million completed in September 2011. 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.

Investors in Current Group

Current Group has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Goldman Sachs and Hearst.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Armilar Venture Partners is focused on early-stage tech investments.
Locked Locked Locked
Investment banking services are delivered across multiple financial sectors.
Locked Locked Locked
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Investor details for Current Group

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Investments & Acquisitions by Current Group

Investments
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Investment portfolio details for Current Group

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Financial Statements - Current Group

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Detailed financials for Current Group

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Current Group Comparisons

Current Group Primary company
Description
Smart grid hardware and software solutions are manufactured ...
Location
Germantown, United States
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
21
As of 2022
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Peer comparison for Current Group

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Competitors of Current Group

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Detailed competitors of Current Group

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Latest news on Current Group

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Complete news archive for Current Group

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Frequently Asked Questions about Current Group

Current Group was founded in 2000 and raised its 1st funding round 5 years after it was founded.

Current Group is headquartered in Germantown, United States.

Current Group is a funded company, having raised a total of $113M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Current Group is 21.

CURRENT Group manufactures smart grid infrastructure hardware and software solutions. It offers analytics platform for advanced metering infrastructure deployment; a meter module software that simplifies the development cycles for meter partners. it also offers communications solutions comprising a communication and connectivity engine with modular WAN and LAN card modules to support inter and intra-substation communications, a broadband over powerline utility gateway and OpenGrid Networking, a back office software application that interfaces with routing solutions.

Current Group has 7 investors. Key investors include Google, Goldman Sachs, Hearst, Ormazabal, and EnerTech Capital.

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