About Franklin Energy
Franklin Energy is a company based in Milwaukee (United States) founded in 1994 was acquired by Abry in August 2019.. Franklin Energy has completed 6 acquisitions, including AESC, CULTIVATE energy optimization and EVA Green Power. Franklin Energy offers products and services including Energy Efficiency Programs, Transportation Electrification, and Decarbonization Services. Franklin Energy operates in a competitive market with competitors including Particle, ecobee, Autogrid, Landis+Gyr and Nanoleaf, among others.
- Headquarter Milwaukee, United States
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Sectors
Business ServicesEnergy & Utilities Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Abry Partners
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
AESC
& 5 more
- Acquired by
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Products & Services of Franklin Energy
Franklin Energy offers a comprehensive portfolio of products and services, including Energy Efficiency Programs, Transportation Electrification, and Decarbonization 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.
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.
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Software Development Team
38 people
Program Team
25 people
Energy Team
24 people
Sales and Marketing
14 people
Operations Team
14 people
Leadership Team
11 people
Senior Team
10 people
Human Resources and Administration
5 people
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Funding Insights of Franklin Energy
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Unspecified - Franklin Energy | Valuation | Invesco |
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| Jun, 2016 | Amount | Debt – Conventional - Franklin Energy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Abry Partners is engaged in middle market private equity investments.
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Founded Year | Domain | Location | |
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Private equity investment firm focused on buyouts
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Multiple electrical equipment for energy optimization is manufactured.
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2016 | ||||
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Commercial solar systems are installed for businesses in Southern California.
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2014 | ||||
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Energy auditing software is provided for audits and savings analysis.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Franklin Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Franklin Energy Comparisons
Competitors of Franklin Energy
Franklin 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 Particle, ecobee, Autogrid, Landis+Gyr and Nanoleaf, 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 |
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
IoT-enabled distributed energy resource management solutions are provided.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Franklin Energy
Frequently Asked Questions about Franklin Energy
When was Franklin Energy founded?
Franklin Energy was founded in 1994 and raised its 1st funding round 22 years after it was founded.
Where is Franklin Energy located?
Franklin Energy is headquartered in Milwaukee, United States. It is registered at Milwaukee, Wisconsin, United States.
What does Franklin Energy do?
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.
Who are the top competitors of Franklin Energy?
What products or services does Franklin Energy offer?
Franklin Energy offers Energy Efficiency Programs, Transportation Electrification, and Decarbonization Services.
How many acquisitions has Franklin Energy made?
Franklin Energy has made 6 acquisitions, including AESC, CULTIVATE energy optimization, and EVA Green Power.
Who are Franklin Energy's investors?
Franklin Energy has 5 investors. Key investors include Abry Partners, NewStar Financial, Invesco, Cortec Group, and Kohlberg & Company.
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