Eaton

United States Founded: 1911 • Age: 115 yrs
Electrical, hydraulic, and mechanical power management solutions are provided.
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About Eaton

Eaton is a company based in United States founded in 1911.. The company has 92,000 employees as of December 31, 2022. Eaton has completed 22 acquisitions, including Argo-Tech, Arrow Hose and Cobham Mission Systems. Eaton offers products and services including Power Management Solutions and Document Services.

  • Headquarter United States
  • Employees 92000 as on 31 Dec, 2022
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Eaton Corporation
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
    $16.05 B
    17
    as on Dec 31, 2011
  • Net Profit
    $1.35 B
    44
    as on Dec 31, 2011
  • EBITDA
    $1.59 B
    53
    as on Dec 31, 2011
  • Latest Funding Round
    $600 K (USD), Grant

    Jun 23, 2023

  • Investors
    DOE

    & 3 more

  • Employee Count
    92000

    as on Dec 31, 2022

  • Investments & Acquisitions
    Argo-Tech

    & 21 more

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Products & Services of Eaton

Eaton offers a comprehensive portfolio of products and services, including Power Management Solutions and Document 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.

Primary

Power management solutions are provided for electrical systems and distribution

Document services are offered for downloading and sharing resources globally

People of Eaton
Headcount 10000+
Employee Profiles 854
Board Members and Advisors 11
Employee Profiles
People
Eric Graff
Materials Operations Manager
People
Santosh Londhe
Senior Lead - Continuous Improvement
People
Kelly Valtr
Sr. Chief Engineer
People
Harold Jones
EVP, Eaton Business System & Sustainability

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Board Members and Advisors
people
Silvio Napoli
Director
people
Darryl Wilson
Director
people
Lori J. Ryerkerk
Director
people
Robert Pragada
Director

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Funding Insights of Eaton

  • Total Funding
  • Total Rounds 21
  • Last Round Grant — $600,000
  • First Round

    (30 Sep 2004)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2023 Amount Grant - Eaton Valuation

investors

Dec, 2021 Amount Grant - Eaton Valuation

investors

DOE
Oct, 2021 Amount Grant - Eaton Valuation

investors

DOE
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 Eaton

Eaton has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include DOE, European Union and Michigan Economic Development. 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.

All
Institutional
Investor Description Founded Year Domain Location
Economic development in Michigan is advanced by the foundation.
Founded Year Domain Location
Energy sources and policies are managed by the DOE.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 Eaton

Eaton has strategically engaged in corporate development activities, having acquired 22 companies. Notable acquisitions include Argo-Tech, Arrow Hose and Cobham Mission Systems. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Solutions for electric vehicle charging infrastructure are provided.
2015
LED lighting solutions are designed for industrial and sports sectors.
2012
Industrial power management solutions are provided for various applications.
2012
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 - Eaton

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Eaton Comparisons

Employees
+
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Competitors of Eaton

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.

Latest news on Eaton

Frequently Asked Questions about Eaton

When was Eaton founded?

Eaton was founded in 1911 and raised its 1st funding round 93 years after it was founded.

Where is Eaton located?

Eaton is headquartered in United States.

Who is the current CEO of Eaton?

Craig Arnold is the current CEO of Eaton.

How many employees does Eaton have?

As of Dec 31, 2022, the latest employee count at Eaton is 92,000.

What is the annual revenue of Eaton?

Annual revenue of Eaton is $16.05B as on Dec 31, 2011.

What does Eaton do?

Diversified power management company. They are providing services for electrical, hydraulic, and mechanical applications. It produces a broad range of products and services, from fuel-efficient systems to power chain management tools and components. In 2022, the company recorded annual revenues of 21.39B and a net profit of 2.57B.

What products or services does Eaton offer?

Eaton offers Power Management Solutions and Document Services.

How many acquisitions has Eaton made?

Eaton has made 22 acquisitions, including Argo-Tech, Arrow Hose, and Cobham Mission Systems.

Who are Eaton's investors?

Eaton has 4 investors. Key investors include DOE, European Union, Michigan Economic Development, and OSTI.GOV.

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