About Israel Electric Corporation
Israel Electric Corporation is a company based in Haifa (Israel) founded in 1923.. Israel Electric Corporation offers products and services including Electricity Supply and Energy Distribution.
- Headquarter Haifa, Israel
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- Legal Name Israel Electric Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$829.03 M (USD), Debt – Conventional
Oct 22, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of Israel Electric Corporation
Israel Electric Corporation offers a comprehensive portfolio of products and services, including Electricity Supply and Energy Distribution. 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.
Electricity is generated and distributed for various applications
Power is managed and delivered through the national grid system
Funding Insights of Israel Electric Corporation
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $829.0M
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First Round
First Round
(01 Mar 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2017 | Amount | Debt – Conventional - Israel Electric Corporation | Valuation |
investors |
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| Mar, 2017 | Amount | Debt – Conventional - Israel Electric Corporation | Valuation |
investors |
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| May, 2016 | Amount | Grant - Israel Electric Corporation | Valuation |
investors |
| 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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Investors in Israel Electric Corporation
Israel Electric Corporation has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Israel Electric Corporation
| 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 |
Financial Statements - Israel Electric Corporation
| 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 |
Israel Electric Corporation Comparisons
Competitors of Israel Electric Corporation
| 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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Frequently Asked Questions about Israel Electric Corporation
When was Israel Electric Corporation founded?
Israel Electric Corporation was founded in 1923 and raised its 1st funding round 91 years after it was founded.
Where is Israel Electric Corporation located?
Israel Electric Corporation is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.
What does Israel Electric Corporation do?
The Israel Electric Corporation was founded in 1923 and is headquartered in Haifa, Israel. Operations in the energy sector involve power distribution and transmission line construction, with service extended to 2.6 million consumers nationwide. Demand-side power supply is managed, alongside energy optimization efforts, equipment installation, and LED retrofitting projects. Activities are centered on Israels electricity infrastructure.
What products or services does Israel Electric Corporation offer?
Israel Electric Corporation offers Electricity Supply and Energy Distribution.
Who are Israel Electric Corporation's investors?
Israel Electric Corporation has 1 investor. Key investors include European Union.
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