Excelergy

Lexington, United States Founded: 1998 • Age: 28 yrs Acquired By Nexant
Energy management software is provided for utility companies.
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About Excelergy

Excelergy is a company based in Lexington (United States) founded in 1998 was acquired by Nexant in January 2009.. Excelergy has raised $37.6 million across 3 funding rounds from investors including Nexant, Battery Ventures and HWVP. Excelergy offers products and services including RevenueManager, BusinessRunner, Complex Billing, RevenueManager On-Demand, and Contract Management. Excelergy operates in a competitive market with competitors including Landis+Gyr, Tantalus, Amberflo, British Gas and Arcadia, among others.

  • Headquarter Lexington, United States
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $37.6 M (USD)

    in 3 rounds

  • Latest Funding Round
    $15 M (USD), Series C

    Feb 01, 2001

  • Investors
    Nexant

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    Nexant

    (Jan 01, 2009)

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Products & Services of Excelergy

Excelergy offers a comprehensive portfolio of products and services, including RevenueManager, BusinessRunner, Complex Billing, RevenueManager On-Demand, and Contract Management. 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

Integrated software for customer care and revenue management in energy markets

Gateway for electronic data transactions in energy sector operations

Flexible rating system for residential and commercial energy customers

On-demand platform for billing and customer retention in energy services

System for pricing and executing supply contracts in energy markets

People of Excelergy
Headcount 50-200
Employee Profiles 1
Employee Profiles
People
Tracy Morgan
Client Success Manager

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Teams

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Funding Insights of Excelergy

Excelergy has successfully raised a total of $37.6M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in February 2001. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series C — $15.0M
  • First Round

    (10 Mar 1999)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2001 Amount Series C - Excelergy Valuation

investors

Nov, 1999 Amount Series B - Excelergy Valuation

investors

Mar, 1999 Amount Series A - Excelergy 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 Excelergy

Excelergy has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Nexant, Battery Ventures and HWVP. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in technology companies are conducted globally by Battery Ventures.
Founded Year Domain Location
Early-stage US tech startups are invested in by HWVP.
Founded Year Domain Location
Early-stage VC investments are made in US, Canada, and Asia.
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 Excelergy

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 - Excelergy

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

Excelergy Comparisons

Employees
+
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Competitors of Excelergy

Excelergy 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 Landis+Gyr, Tantalus, Amberflo, British Gas and Arcadia, 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
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Smart grid communication solutions are provided for utilities by Tantalus.
domain founded_year HQ Location
Cloud-based invoicing and billing solution for businesses
domain founded_year HQ Location
Provider of natural gas exploration and processing sevices
domain founded_year HQ Location
Arcadia is focused on providing clean energy solutions through data platforms.
domain founded_year HQ Location
Energy efficiency and smart grid management solutions
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 Excelergy

Frequently Asked Questions about Excelergy

When was Excelergy founded?

Excelergy was founded in 1998 and raised its 1st funding round 1 year after it was founded.

Where is Excelergy located?

Excelergy is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.

Who is the current CEO of Excelergy?

Bill Mahoney is the current CEO of Excelergy.

Is Excelergy a funded company?

Excelergy is a funded company, having raised a total of $37.6M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Mar 10, 1999.

What does Excelergy do?

Excelergy was founded in 1998 in Lexington, United States, as a developer of energy management software for utility companies. Platforms are offered for forecasting, trading, scheduling, billing, settlement, and customerpartner acquisition and care. Flagship products include RevenueManager for revenue management and HedgeDirect for hedging operations. The company operates within the utilities sector, focusing on enterprise-level solutions.

Who are the top competitors of Excelergy?

Excelergy's top competitors include Landis+Gyr, Arcadia and PowerSecure.

What products or services does Excelergy offer?

Excelergy offers RevenueManager, BusinessRunner, Complex Billing, RevenueManager On-Demand, and Contract Management.

Who are Excelergy's investors?

Excelergy has 5 investors. Key investors include Nexant, Battery Ventures, HWVP, Nassau Capital Advisors, and Sigma Partners.

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