Hart Energy

Houston, United States Founded: 1973 • Age: 53 yrs Acquired By Crain
Energy sector news is delivered via an online platform.

About Hart Energy

Hart Energy is a company based in Houston (United States) founded in 1973 was acquired by Crain in February 2025.. Hart Energy has raised $5 million across 1 funding round from investors including Crain Communications. The company has 42 employees as of December 31, 2022. Hart Energy has completed 1 acquisition, including Gotham Image Works. Hart Energy offers products and services including Energy Publications and Data and Insights.

  • Headquarter Houston, United States
  • Employees 42 as on 31 Dec, 2022
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hart Energy
Operational Areas
Key Metrics
  • Annual Revenue
    $2.22 B
    36
    as on Dec 31, 2018
  • Net Profit
    $-130.01 M
    -679
    as on Dec 31, 2018
  • EBITDA
    $93.89 M
    -25
    as on Dec 31, 2018
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    May 02, 2023

  • Investors
  • Employee Count
    42

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Crain

    (Feb 10, 2025)

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Products & Services of Hart Energy

Hart Energy offers a comprehensive portfolio of products and services, including Energy Publications and Data and Insights. 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

News and analysis on oil, gas, and energy sectors are delivered through various publications

Data on drilling activity, transactions, and financings are compiled and provided for industry use

Funding Insights of Hart Energy

Hart Energy has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in May 2023. 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 1
  • Last Round Series A — $5.0M
  • First Round

    (02 May 2023)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2023 Amount Series A - Hart Energy 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 Hart Energy

Hart Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Crain Communications. 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
Media publishing services are provided for business sectors.
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 Hart Energy

Hart Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Gotham Image Works. 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
Graphic design and digital video production services are offered.
1997
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 - Hart Energy

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

Hart Energy Comparisons

Employees
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Competitors of Hart Energy

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 Hart Energy

Frequently Asked Questions about Hart Energy

When was Hart Energy founded?

Hart Energy was founded in 1973 and raised its 1st funding round 50 years after it was founded.

Where is Hart Energy located?

Hart Energy is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Is Hart Energy a funded company?

Hart Energy is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on May 02, 2023.

How many employees does Hart Energy have?

As of Dec 31, 2022, the latest employee count at Hart Energy is 42.

What is the annual revenue of Hart Energy?

Annual revenue of Hart Energy is $2.22B as on Dec 31, 2018.

What does Hart Energy do?

Hart Energy was founded in 1973 and is headquartered in Houston, United States. Coverage of the energy sector is provided through an online platform, focusing on industry developments, market trends, and related news. Operations include content creation by authors such as Sandrine Bradley and Joshua Franklin. Services encompass digital publishing and analysis for professionals in oil, gas, and renewable energy fields.

What products or services does Hart Energy offer?

Hart Energy offers Energy Publications and Data and Insights.

How many acquisitions has Hart Energy made?

Hart Energy has made 1 acquisition, including Gotham Image Works.

Who are Hart Energy's investors?

Hart Energy has 1 investor. Key investors include Crain Communications.

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