HOP Energy

White Plains, United States Founded: 2009 • Age: 17 yrs Acquired By Delos Capital
Energy services provider for design and installation of HVAC systems

About HOP Energy

HOP Energy is a company based in White Plains (United States) founded in 2009 was acquired by Delos Capital in July 2018.. The company has 503 employees as of December 31, 2021. HOP Energy has completed 2 acquisitions, including Dominick Fuel and KoscoHeritage.

  • Headquarter White Plains, United States
  • Employees 503 as on 31 Dec, 2021
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $75 M (USD), Debt – Conventional

    Jan 05, 2023

  • Investors
  • Employee Count
    503

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    Delos Capital

    & 1 more

    (Jul 31, 2018)

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People of HOP Energy
Headcount 500-1000
Employee Profiles 20
Employee Profiles
People
Christopher Lefebvre
Chief Commercial Officer (CCO)
People
Sarah Daddario
Senior Operations Analyst
People
Maria Capello
Install Coordinator
People
Monica Foster
Customer Service Specialist

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Funding Insights of HOP Energy

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $75.0M
  • First Round

    (14 Nov 2019)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2023 Amount Debt – Conventional - HOP Energy Valuation

investors

Nov, 2019 Amount Debt – Conventional - HOP 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 HOP Energy

HOP Energy has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Great Rock Capital, Mountain Ridge Capital and Comvest Partners. 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
Capital is provided to middle-market companies via asset-based financing.
Founded Year Domain Location
Private equity and credit investment services for North American middle-market companies.
Founded Year Domain Location
Delos Capital is engaged in private equity and financial advisory services.
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 HOP Energy

HOP Energy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dominick Fuel and KoscoHeritage. 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
Heating oil is distributed by KoscoHeritage in New York.
2017
HVAC and heating oil energy efficiency services are provided.
1945
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 - HOP 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

Hop Energy Comparisons

Employees
+
Add Comparison
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Competitors of HOP 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 Hop Energy

Frequently Asked Questions about HOP Energy

When was HOP Energy founded?

HOP Energy was founded in 2009 and raised its 1st funding round 10 years after it was founded.

Where is HOP Energy located?

HOP Energy is headquartered in White Plains, United States. It is registered at White Plains, New York, United States.

Who is the current CEO of HOP Energy?

Michael Anton is the current CEO of HOP Energy.

How many employees does HOP Energy have?

As of Dec 31, 2021, the latest employee count at HOP Energy is 503.

What does HOP Energy do?

HOP Energy was founded in 2009 and is headquartered in White Plains, United States. Operations focus on the energy services sector, with HVAC systems designed and installed for residential and commercial applications. Residential services include sales and servicing of heating oil and propane equipment. Commercial services encompass HVAC sales, maintenance, and installation, alongside distribution of products such as premium heating oil, motor fuels, propane, and EcoOne biofuels.

How many acquisitions has HOP Energy made?

HOP Energy has made 2 acquisitions, including Dominick Fuel, and KoscoHeritage.

Who are HOP Energy's investors?

HOP Energy has 5 investors. Key investors include Great Rock Capital, Mountain Ridge Capital, Comvest Partners, Ampusa, and Delos Capital.

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