EFT Energy

New York, United States Founded: 1998 • Age: 28 yrs Acquired By Koch Industries
Industrial predictive analytics and energy management are delivered via SaaS.
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About EFT Energy

EFT Energy is a company based in New York (United States) founded in 1998 was acquired by Koch Industries in September 2016.. The company has 6 employees as of December 31, 2016. EFT Energy operates in a competitive market with competitors including ecobee, MRI Software, Particle, Landis+Gyr and Signify, among others.

  • Headquarter New York, United States
  • Employees 6 as on 31 Dec, 2016
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Eft Energy, Inc.
Operational Areas
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Real Estate & Construction → Property Technology (PropTech)
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    6

    as on Dec 31, 2016

  • Acquired by
    Koch Industries

    (Sep 19, 2016)

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Funding Insights of EFT Energy

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

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Investors in EFT Energy

EFT Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Koch Industries. 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
Diversified operations in oil, gas, manufacturing, and investments are conducted.
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 EFT Energy

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

Financial Statements - EFT Energy

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

Eft Energy Comparisons

Employees
+
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Competitors of EFT Energy

EFT Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ecobee, MRI Software, Particle, Landis+Gyr and Signify, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of smart thermostats for commercial and residential applications
domain founded_year HQ Location
Property management software is provided for residential and commercial properties.
domain founded_year HQ Location
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Signify is recognized as a global leader in lighting solutions.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
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 Eft Energy

Frequently Asked Questions about EFT Energy

When was EFT Energy founded?

EFT Energy was founded in 1998.

Where is EFT Energy located?

EFT Energy is headquartered in New York, United States. It is registered at New York, New York, United States.

How many employees does EFT Energy have?

As of Dec 31, 2016, the latest employee count at EFT Energy is 6.

What does EFT Energy do?

EFT Energy is a SaaS provider in the field of industrial predictive analytics, process optimization, and energy management. Their Energy Manager v6.0 analyzes data collected from an unlimited number of metering points, across all utilities (e.g., water, compressed air, gas, electric, and steam, etc.) and tariff schedules. It also collects sensor inputs such as temperature, pH, and nitrogen and send the data to central control system to takke necessary action and improve savings.

Who are the top competitors of EFT Energy?

EFT Energy's top competitors include ecobee, Particle and Landis+Gyr.

Who are EFT Energy's investors?

EFT Energy has 1 investor. Key investors include Koch Industries.

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