About Franklin Energy
Franklin Energy is a Business Services company based in Milwaukee (United States) founded in 1994, and was acquired by Abry in August 2019. It operates as an energy efficiency programs are designed for utilities and municipalities. It operates in the Business Services, Energy & Utilities, and Technology sectors. Franklin Energy has completed 6 acquisitions, including AESC, CULTIVATE energy optimization and EVA Green Power. Its website franklinenergy.com draws about 16 thousand monthly visits. Franklin Energy offers products and services including Energy Efficiency Programs, Transportation Electrification, and Decarbonization Services. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Building Energy Management. Its competitors include Particle, ecobee, Autogrid, Landis+Gyr and Nanoleaf and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Franklin Energy was founded in 1994 as a subsidiary of AM Conservation Group. Customized electric and natural gas energy efficiency programs are designed and implemented for utilities, municipalities, and government bodies in the United States and Canada. These programs assist residential and business customers in reducing energy consumption, which leads to decreased operating and maintenance costs. Operations are based in Milwaukee, United States.
- InvestorsAbry Partners
& 4 more
- Investments & AcquisitionsAESC
& 5 more
- Acquired by
Products & Services of Franklin Energy
Franklin Energy offers a comprehensive portfolio of products and services, including Energy Efficiency Programs, Transportation Electrification, and Decarbonization Services.
Programs that help utilities reduce energy consumption and achieve carbon goals.
Services for electric vehicle adoption and grid integration in utilities.
Strategies to lower emissions through energy management and funding support.
Apps and channels of Franklin Energy
its YouTube channel Franklin Energy has 115 subscribers and 30 videos.
Videos from Franklin Energy
The most watched videos on Franklin Energy's YouTube channel, Franklin Energy (115 subscribers). Click a video to play it here.
More on Franklin Energy.
Funding Insights of Franklin Energy
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of Franklin Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | – | Unspecified | – | Invesco | – |
| Jun 2016 | – | Debt – Conventional | – | – |
5 investors in total: 5 institutional.
Investors in Franklin Energy
Franklin Energy has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Abry Partners, NewStar Financial and Invesco.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | cortecgroup.com | - | |
Abry Partners is engaged in middle market private equity investments. | 1989 | abry.com | Boston, United States | |
Private equity investment firm focused on buyouts | – | kohlberg.com | Mount Kisco, United States | |
Diversified asset management services are offered globally by Invesco. | – | invesco.com | Atlanta, United States | |
Financial services are provided by NewStar Financial in Boston. | 2004 | newstarfin.com | Boston, United States |
Investor details for Franklin Energy
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People of Franklin Energy
163 people are tracked at Franklin Energy (30 in leadership, 133 in team).
| Name | Role | Group |
|---|---|---|
Pete Coupland | Scrum Master & Project Management Partner | Leadership |
Sharon Tremblay | Human Resources Business Partner At Franklin Energy | Leadership |
Joseph Wadel | Regional Vice President | Leadership |
Hollie Whitmire | Regional Director | Leadership |
Joe Bickham | Regional Director | Leadership |
Jill Rolstone | Director Of Business Development - Great Lakes Region | Leadership |
Rosa Cassidy | Vice President Of Business Development | Leadership |
Mark Gentry | Director Of Strategic Growth | Leadership |
Jessica Brideau | Director Of Marketing Operations | Leadership |
Greg Caggiano | Director, Technology Sales Engineering | Leadership |
Alyssa L. | Director Of Market Development For Federal And State Programs | Leadership |
Terry Sobolewski | Chief Executive Officer | Leadership |
Sushma Annareddy | Chief Technology Officer | Leadership |
Eric Wall | Vice President Of Technology Delivery & Support | Leadership |
Jeanna Wicklund | Vice President Of Technology | Leadership |
Marisa Uchin | Chief Strategy And Growth Officer | Leadership |
Katie Pearson | Regional Director Of Client Marketing | Leadership |
Michael Romeo | Vice President Of Business Development | Leadership |
Edward Hayes | Chief People Officer | Leadership |
Kahnec de la Torre | Senior Director - Capture Excellence | Leadership |
143 more people are available in the full profile.
Complete people profiles for Franklin Energy
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Investments & Acquisitions by Franklin Energy
Franklin Energy has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AESC, CULTIVATE energy optimization and EVA Green Power.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Commercial solar systems are installed for businesses in Southern California. | evagreenpower.com | Italy | 2014 | Dec 2024 | •••• | |
Developer of solar energy projects | aesc-inc.com | Carlsbad, United States | 1994 | Dec 2024 | •••• | |
Energy auditing software is provided for audits and savings analysis. | snuggpro.com | Boulder, United States | 2010 | Feb 2024 | •••• | |
Multiple electrical equipment for energy optimization is manufactured. | cultivateeo.com | Denver, United States | 2016 | Apr 2021 | •••• | |
Demand side management enabling platform for utilities and their service providers | planetecosystems.com | San Francisco, United States | 2009 | Mar 2018 | •••• | |
Resourceaction is maintained as a company with domain resourceaction.com. | resourceaction.com | – | 0 | Sep 2014 | •••• |
Complete acquisition details for Franklin Energy
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Timeline of Franklin Energy
12 dated milestones of Franklin Energy across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Franklin Energy is founded.
- Exit Acquired by Cortec Group.
- Acquisition Acquires Resourceaction.
- Funding First funding round.
- Exit Acquired by Kohlberg & Company.
- Acquisition Acquires PlanetEcosystems.
- Exit Acquired by Abry.
- Acquisition Acquires CULTIVATE energy optimization.
- Acquisition Acquires Snugg Pro.
- Funding Latest funding round, Unspecified,.
- Acquisition Acquires AESC.
- Acquisition Acquires EVA Green Power.
Competitors of Franklin Energy
Franklin Energy has 9 listed competitors in our database, 7 of them funded. They include Particle, ecobee, Autogrid, Landis+Gyr and Nanoleaf, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| ecobee.com | 2007 | Toronto, Canada | $151.52M | – | Provider of smart thermostats for commercial and residential applications | |
| auto-grid.com | 2011 | Redwood, United States | $158.75M | 132 | IoT-enabled distributed energy resource management solutions are provided. | |
| landisgyr.com | 1896 | Zug, Switzerland | $1.03B | 996 | End-to-end energy management solutions are provided for utilities worldwide. | |
| nanoleaf.me | 2012 | Toronto, Canada | $2.9M | 94 | Energy-efficient smart lightbulbs are developed by Nanoleaf. | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| signify.com | 1891 | Eindhoven, Netherlands | – | – | Signify is recognized as a global leader in lighting solutions. | |
| awox.com | 2003 | Montpellier, France | $5.13M | – | Wifi-enabled smart home appliances are provided by AwoX. | |
| resideo.com | 2018 | Wilmington, United States | – | 293 | Smart home products for security and energy efficiency are provided. |
Detailed competitors of Franklin Energy
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Web traffic of Franklin Energy
The website of Franklin Energy (franklinenergy.com) receives about 15.8K visits a month.
- Monthly visits15.8K
▼ 48.3% vs previous month
Websites whose visitors overlap most with Franklin Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ssvec.org | 100% | 10.8K | #2,151,096 | View details | |
focusonenergy.com | focusonenergy.com | 100% | – | #591,832 | – |
| pse.com | 94% | 1.1M | #35,337 | View details |
Top companies in Facility Management Platforms
10 companies that operate in the same segment as Franklin Energy (Facility Management Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | – | 463 | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based video intercoms and physical security systems are provided. | 2000 | Tysons, Virginia, United States | USD 137.36 M | USD 1.01 B | 2,009 | |
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 | |
Cloud and app-based facility management and service automation platform | 1999 | New York, New York, United States | USD 54 M | – | – | |
SaaS-based CAFM software is delivered for commercial facility management. | 1995 | Leicester, England, United Kingdom | USD 23.43 M | USD 98.38 M | 774 |
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Related news about Franklin Energy
Complete news archive for Franklin Energy
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Frequently Asked Questions about Franklin Energy
Franklin Energy was founded in 1994 and raised its 1st funding round 22 years after it was founded.
Franklin Energy is headquartered in Milwaukee, United States. It is registered at Milwaukee, Wisconsin, United States.
Franklin Energy was founded in 1994 as a subsidiary of AM Conservation Group. Customized electric and natural gas energy efficiency programs are designed and implemented for utilities, municipalities, and government bodies in the United States and Canada. These programs assist residential and business customers in reducing energy consumption, which leads to decreased operating and maintenance costs. Operations are based in Milwaukee, United States.
Franklin Energy offers Energy Efficiency Programs, Transportation Electrification, and Decarbonization Services.
Franklin Energy has made 6 acquisitions, including AESC, CULTIVATE energy optimization, and EVA Green Power.
Franklin Energy has 5 investors. Key investors include Abry Partners, NewStar Financial, Invesco, Cortec Group, and Kohlberg & Company.
Yes. Franklin Energy was acquired by Abry in August 2019.