About DTE Energy
DTE Energy is a company based in United States founded in 1996.. The company has 9,500 employees as of December 31, 2024. DTE Energy offers products and services including Electric Services and Natural Gas Services.
- Headquarter United States
- Employees 9500 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Dte Energy Company
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Annual Revenue
$12.34 B-1.13as on Dec 31, 2024
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Net Profit
$1.4 B0.5as on Dec 31, 2024
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EBITDA
$3.56 B0.51as on Dec 31, 2024
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Latest Funding Round
$650 M (USD), Debt – Conventional
Feb 09, 2019
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Investors
FEMA
& 1 more
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Employee Count
9500
as on Dec 31, 2024
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IPO & Listings of DTE Energy
DTE Energy is a publicly listed company on the NYSE with ticker symbol DTE in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of DTE Energy
DTE Energy offers a comprehensive portfolio of products and services, including Electric Services and Natural Gas 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.
Electric power distribution and supply services are provided to residential and commercial customers in designated areas.
Natural gas supply and related safety services are offered to support customer needs.
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Software Development Team
68 people
Leadership Team
47 people
Operations Team
35 people
Manager Team
26 people
Senior Team
25 people
Finance and Accounting
20 people
Sales and Marketing
16 people
Principal Team
12 people
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Funding Insights of DTE Energy
- Total Funding Total Funding
- Total Rounds 9
- Last Round Debt – Conventional — $650.0M
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First Round
First Round
(06 Jul 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Debt – Conventional - DTE Energy | Valuation |
investors |
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| Apr, 2010 | Amount | Grant - DTE Energy | Valuation |
investors |
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| Jan, 2010 | Amount | Grant - DTE Energy | 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 DTE Energy
DTE Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include FEMA 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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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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Federal emergency management and disaster response are coordinated nationwide.
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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 DTE Energy
| 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 - DTE Energy
| 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 |
Dte Energy Comparisons
Competitors of DTE Energy
| 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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Latest news on Dte Energy
Frequently Asked Questions about DTE Energy
When was DTE Energy founded?
DTE Energy was founded in 1996 and raised its 1st funding round 10 years after it was founded.
Where is DTE Energy located?
DTE Energy is headquartered in United States.
How many employees does DTE Energy have?
As of Dec 31, 2024, the latest employee count at DTE Energy is 9,500.
What is the annual revenue of DTE Energy?
Annual revenue of DTE Energy is $12.34B as on Dec 31, 2024.
What does DTE Energy do?
DTE Energy was established in 1996 as a diversified energy company headquartered in the United States. Operations encompass the provision of electricity and natural gas to customers, while non-utility segments focus on power and industrial projects, natural gas pipelines, gathering and storage facilities, as well as energy marketing and trading activities. In 2022, revenues totaling 18.24 billion were generated, with net profits amounting to 1.13 billion.
What products or services does DTE Energy offer?
DTE Energy offers Electric Services and Natural Gas Services.
Is DTE Energy publicly traded?
Yes, DTE Energy is publicly traded on NYSE under the ticker symbol DTE.
Who are DTE Energy's investors?
What is DTE Energy's ticker symbol?
The ticker symbol of DTE Energy is DTE on NYSE.
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