About ITC Holdings
ITC Holdings is a company based in Novi (United States) founded in 2000, and was acquired by Fortis in September 2016. Independent electricity transmission services are provided across the United States. ITC Holdings has raised $1.36 million across 2 funding rounds from investors including KKR, Fortis Inc and GIC. The company has 7 employees. Its chief executive, as recorded, is Linda Apsey. ITC Holdings offers products and services including Electricity Transmission and EV Infrastructure. Its legal entity is ITC Holdings Corp.
Company details
ITC Holdings was founded in 2000 and is headquartered in Novi, United States. Operations focus on the energy sector, specifically as an independent electricity transmission company. Investments are made in the transmission grid to enhance reliability, facilitate market access, reduce energy delivery costs, and enable interconnections for new generating resources. Services are delivered nationwide, supporting the US power infrastructure.
- Headquarters Novi, United States
- Employees 7
- Stage Acquired
- Email••••••••
- Website itc-holdings.com
- Social LinkedIn X Facebook
- Acquired by Fortis (Sep 2016)
- Legal Name Itc Holdings Corp
Products & Services of ITC Holdings
ITC Holdings offers a comprehensive portfolio of products and services, including Electricity Transmission and EV Infrastructure.
Electricity is transmitted across the grid to deliver power to communities and utilities.
Infrastructure for electric vehicles and distributed generation is developed to support modern energy needs.
Funding Insights of ITC Holdings
ITC Holdings has successfully raised a total of $1.36M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.36 million completed in December 2004. 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 $1.36M
- Total Rounds 2
- Last Round Seed — $1.36M
- Investors Count 1
All 2 funding rounds of ITC Holdings with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2004 | $1.36M | Seed | – | – | – |
| Jun 2003 | Seed | – | – |
3 investors in total: 3 institutional.
Investors in ITC Holdings
ITC Holdings has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include KKR, Fortis Inc and GIC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Electricity and gas services are provided to North American customers. | 1987 | fortisinc.com |
Investor details for ITC Holdings
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- Complete investor list
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People of ITC Holdings
142 people are tracked at ITC Holdings (41 in leadership, 101 in team); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
Linda Apsey | CEO & President | Leadership |
Purvi Patel | Vice President, Regulatory Strategy | Leadership |
Michael Fleck | Director Reliability & Regional Planning | Leadership |
Sandi Stevens | Senior Executive Assistant To The Senior Vice President & Chief Financial Officer | Leadership |
Brian C. Drumm | Director, Regional Policy And RTO Engagement | Leadership |
Zachary L Matice | Director, Tax (head Of Tax) | Leadership |
Laura McCray | Senior Executive Assistant To The Svp, General Counsel, CCO & Secretary & Vp, Deputy General Counsel | Leadership |
Matthew Bogdan | Director, Transmission Pricing And Rates | Leadership |
Devin McMackin | Director, Federal Affairs | Leadership |
Marguerite W. | Director, Regulatory Energy Markets & Innovation | Leadership |
Carlo Capra | Director Project Delivery | Leadership |
Nisha Chopra | Director Of M&a And Assistant Treasurer | Leadership |
Timothy Greenen | Vice President, Supply Chain And General Services | Leadership |
Todd Edwards | Director, Capital Projects | Leadership |
Patrick Woods | Director, Business Affairs | Leadership |
Gretchen Holloway | Chief Financial Officer | Leadership |
Brian Slocum | Chief Operating Officer | Leadership |
Julie Bell | Senior HR Business Partner | Leadership |
James P. Laurito | Corporate Director | Leadership |
Abubaker Elteriefi | Director Planning | Leadership |
122 more people are available in the full profile.
Complete people profiles for ITC Holdings
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ITC Holdings
4 dated milestones of ITC Holdings across 16 years, from founding to its latest funding, stage changes and deals.
- Founded ITC Holdings is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.4M.
- Exit Acquired by Fortis.
Web traffic of ITC Holdings
The website of ITC Holdings (itc-holdings.com) receives about 9.8K visits a month.
- Monthly visits9.8K
▲ 34% vs previous month
Websites whose visitors overlap most with ITC Holdings. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
atcllc.com | atcllc.com | 100% | #2,978,605 | – | |
| aep.com | 78% | 543.3K | #119,307 | View details | |
| dom.com | 74% | #1,571,984 | View details | ||
| pjm.com | 74% | View details | |||
| consumersenergy.com | 73% | 2.1M | #23,057 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for ITC Holdings
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- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about ITC Holdings
ITC Holdings was founded in 2000 and raised its 1st funding round 3 years after it was founded.
ITC Holdings is headquartered in Novi, United States. It is registered at Novi, Michigan, United States.
Linda Apsey is the CEO of ITC Holdings, as recorded in our data.
ITC Holdings is a funded company, having raised a total of $1.36M across 2 funding rounds to date.
ITC Holdings has 7 employees.
Annual revenue of ITC Holdings is $4M as on Dec 31, 2024.
ITC Holdings was founded in 2000 and is headquartered in Novi, United States. Operations focus on the energy sector, specifically as an independent electricity transmission company. Investments are made in the transmission grid to enhance reliability, facilitate market access, reduce energy delivery costs, and enable interconnections for new generating resources. Services are delivered nationwide, supporting the US power infrastructure.
ITC Holdings offers Electricity Transmission and EV Infrastructure.
ITC Holdings has 3 investors. Key investors include KKR, Fortis Inc, and GIC.
ITC Holdings operates through Itc Holdings Corp.
Yes. ITC Holdings was acquired by Fortis in September 2016.