Eversource

United States Founded: 1997 • Age: 29 yrs
Provider of oil gas downstream services

About Eversource

Eversource is a company based in United States founded in 1997.. The company has 10,680 employees as of December 31, 2024. Eversource has completed 1 acquisition, including Aquarion. Eversource offers products and services including Electricity Services and Natural Gas Services.

  • Headquarter United States
  • Employees 10680 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Eversource Energy (D/B/A)
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
    $11.9 B
    -0.08
    as on Dec 31, 2024
  • Net Profit
    $811.65 M
    283.53
    as on Dec 31, 2024
  • EBITDA
    $4.48 B
    39.41
    as on Dec 31, 2024
  • Latest Funding Round
    $10.06 M (USD), Grant

    Mar 12, 2010

  • Investors
  • Employee Count
    10680

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Eversource

Eversource is a publicly listed company on the NYSE with ticker symbol ES 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.

Exchange: NYSE · Ticker: ES . Sector: Utilities · USA

Products & Services of Eversource

Eversource offers a comprehensive portfolio of products and services, including Electricity 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.

Primary

Electricity is provided for residential and business needs, including outage management and billing support.

Natural gas is supplied and monitored, with options for cost management and safety measures incorporated into service delivery.

People of Eversource
Headcount 5000-10000
Employee Profiles 292
Board Members and Advisors 9
Employee Profiles
People
Justin Lockwood
Journeyman Lineman
People
Sara Radseszewski
Enterprise Architecture Manager
People
Thammineni Deepthi
Associate Program Analyst, Project Control
People
Tom Sabatini
Enterprise Architect

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Board Members and Advisors
people
Cotton M. Cleveland
Trustee
people
Loretta D. Keane
Trustee

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Funding Insights of Eversource

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $10.1M
  • First Round

    (29 Jan 2010)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2010 Amount Grant - Eversource Valuation

investors

Jan, 2010 Amount Grant - Eversource Valuation

investors

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 Eversource

Eversource has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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.

All
Institutional
Investor Description Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
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 Eversource

Eversource has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aquarion. 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
Provider of water management services
1857
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 - Eversource

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

Eversource Comparisons

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Competitors of Eversource

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 Eversource

Frequently Asked Questions about Eversource

When was Eversource founded?

Eversource was founded in 1997 and raised its 1st funding round 13 years after it was founded.

Where is Eversource located?

Eversource is headquartered in United States.

How many employees does Eversource have?

As of Dec 31, 2024, the latest employee count at Eversource is 10,680.

What is the annual revenue of Eversource?

Annual revenue of Eversource is $11.9B as on Dec 31, 2024.

What does Eversource do?

Eversource was founded in 1997 as an energy utility in the United States. Operations are focused on the energy sector, where retail electricity, natural gas, and water services are delivered. These services support customers in Connecticut, Massachusetts, and New Hampshire. In 2022, annual revenues of 12.28 billion were reported, along with a net profit of 1.4 billion.

What products or services does Eversource offer?

Eversource offers Electricity Services and Natural Gas Services.

Is Eversource publicly traded?

Yes, Eversource is publicly traded on NYSE under the ticker symbol ES.

How many acquisitions has Eversource made?

Eversource has made 1 acquisition, including Aquarion.

Who are Eversource's investors?

Eversource has 1 investor. Key investors include OSTI.GOV.

What is Eversource's ticker symbol?

The ticker symbol of Eversource is ES on NYSE.

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