About General Electric
General Electric is a company based in United States founded in 1892 was acquired by ABB in July 2022.. The company has 53,000 employees as of December 31, 2024. General Electric has completed 40 acquisitions, including AMG Systems, Advanced Systek and Advantec. General Electric offers products and services including Commercial Engines, Wind Turbines, and Medical Equipment. General Electric operates in a competitive market with competitors including MachineMetrics, MoBagel, Flutura, Adapdix and Zyfra, among others.
- Headquarter United States
- Employees 53000 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Ge Aerospace
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Annual Revenue
$38.7 B9.49as on Dec 31, 2024
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Net Profit
$6.54 B-31.03as on Dec 31, 2024
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EBITDA
$7.89 B33.72as on Dec 31, 2024
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Latest Funding Round
$6.6 M (USD), Grant
Oct 12, 2022
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Investors
JPMorgan Chase
& 11 more
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Employee Count
53000
as on Dec 31, 2024
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Investments & Acquisitions
AMG Systems
& 39 more
- Acquired by
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IPO & Listings of General Electric
General Electric is a publicly listed company on the NYSE with ticker symbol GE in USA, operating in the Electronic technology 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.
Products & Services of General Electric
General Electric offers a comprehensive portfolio of products and services, including Commercial Engines, Wind Turbines, and Medical Equipment. 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.
Engines powering global commercial flights for airlines.
Turbines generating electricity from wind resources worldwide.
Devices for patient diagnostics and treatment in hospitals.
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Funding Insights of General Electric
- Total Funding Total Funding
- Total Rounds 183
- Last Round Grant — $6.6M
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First Round
First Round
(08 Jan 2004)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Grant - General Electric | Valuation |
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| Aug, 2022 | Amount | Grant - General Electric | Valuation |
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| Jan, 2021 | Amount | Grant - General Electric | Valuation |
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| 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in General Electric
General Electric has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include JPMorgan Chase, U.S. Department of Transportation and HHS. 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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High-risk energy technologies are funded through competitive grants.
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Founded Year | Domain | Location | |
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Investment management and private equity are focused on multiple sectors.
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Founded Year | Domain | Location | |
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A black-owned investment holding company focused on long-term assets.
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Founded Year | Domain | Location |
| Investor | Description | 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 General Electric
General Electric has strategically engaged in corporate development activities, having acquired 40 companies. Notable acquisitions include AMG Systems, Advanced Systek and Advantec. 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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Industrial software subscriptions are optimized through Nurego's web-based platform.
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2013 | ||||
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Nuclear energy projects are developed by REI Nuclear.
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2013 | ||||
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Process simulation software for manufacturing is developed by GeonX.
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2012 |
| 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 - General Electric
| 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 |
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General Electric Comparisons
Competitors of General Electric
General Electric 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 MachineMetrics, MoBagel, Flutura, Adapdix and Zyfra, 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 |
Machine data is monitored and visualized to enhance manufacturing efficiency.
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IoT analytics software is offered for device manufacturers and designers.
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End to end IoT platform for asset monitoring
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Asset monitoring software is provided for industrial equipment optimization.
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Provider of robots, AI, and IIoT based solutions for mining industries
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| domain | founded_year | HQ Location |
Cloud-based building automation solutions are provided for industrial applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on General Electric
Frequently Asked Questions about General Electric
When was General Electric founded?
General Electric was founded in 1892 and raised its 1st funding round 112 years after it was founded.
Where is General Electric located?
General Electric is headquartered in United States.
Who is the current CEO of General Electric?
Scott Strazik is the current CEO of General Electric.
How many employees does General Electric have?
As of Dec 31, 2024, the latest employee count at General Electric is 53,000.
What is the annual revenue of General Electric?
Annual revenue of General Electric is $38.7B as on Dec 31, 2024.
What does General Electric do?
The General Electric Company was founded in 1892 in the United States through a merger involving Edisons electric light enterprise. A multinational conglomerate is operated, encompassing sectors such as aviation, healthcare, power, renewable energy, and transportation. Businesses are managed globally with a focus on industrial and financial services. In 2022, annual revenues of 74.02 billion and net profit of 8.56 billion were achieved.
Who are the top competitors of General Electric?
General Electric's top competitors include MachineMetrics, MoBagel and Elmodis.
What products or services does General Electric offer?
General Electric offers Commercial Engines, Wind Turbines, and Medical Equipment.
Is General Electric publicly traded?
Yes, General Electric is publicly traded on NYSE under the ticker symbol GE.
How many acquisitions has General Electric made?
General Electric has made 40 acquisitions, including AMG Systems, Advanced Systek, and Advantec.
Who are General Electric's investors?
General Electric has 12 investors. Key investors include JPMorgan Chase, U.S. Department of Transportation, HHS, DOE, and MAVERICK Technologies.
What is General Electric's ticker symbol?
The ticker symbol of General Electric is GE on NYSE.
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