About EastCoast Power
EastCoast Power LLC was founded in 2023 and operates within the electric power sector as a utility services provider. Services focused on electricity distribution are delivered from its base in Albany, United States. A strategic partnership with Alvarez Marsal Capital Partners has been established to develop national utility capabilities. Expertise in the energy market is utilized to support client needs in power distribution.
- Headquarter Albany, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
- Legal Name East Coast Power Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Alvarez & Marsal Capital
(Jan 23, 2025)
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Funding Insights of EastCoast Power
| 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 EastCoast Power
EastCoast Power has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Alvarez & Marsal Capital. 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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A multi-strategy private equity investment firm is operated by Alvarez & Marsal Capital.
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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 EastCoast Power
| 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 - EastCoast Power
| 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 |
Eastcoast Power Comparisons
Competitors of EastCoast Power
| 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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Frequently Asked Questions about EastCoast Power
When was EastCoast Power founded?
EastCoast Power was founded in 2023.
Where is EastCoast Power located?
EastCoast Power is headquartered in Albany, United States.
What does EastCoast Power do?
EastCoast Power LLC was founded in 2023 and operates within the electric power sector as a utility services provider. Services focused on electricity distribution are delivered from its base in Albany, United States. A strategic partnership with Alvarez Marsal Capital Partners has been established to develop national utility capabilities. Expertise in the energy market is utilized to support client needs in power distribution.
Who are EastCoast Power's investors?
EastCoast Power has 1 investor. Key investors include Alvarez & Marsal Capital.