About LGEKU
LGEKU is a company based in Louisville (United States) founded in 1903 was acquired by E.ON in June 2005.. LGEKU offers products and services including Billing and Payment Services, Outage Reporting, Energy Efficiency Programs, and Renewable Energy Options. LGEKU operates in a competitive market with competitors including Recharge.com, PayGo, Natcom TopUp, PieMob and Islacel, among others.
- Headquarter Louisville, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Lg&E And Ku Energy
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Products & Services of LGEKU
LGEKU offers a comprehensive portfolio of products and services, including Billing and Payment Services, Outage Reporting, Energy Efficiency Programs, and Renewable Energy Options. 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.
Handles energy bill payments and arrangements via app or online
Enables reporting and tracking of electricity or gas outages
Offers tips and programs for reducing energy consumption
Provides access to green energy and solar programs
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Funding Insights of LGEKU
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $400.0M
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First Round
First Round
(28 May 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Debt – Conventional - LGEKU | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in LGEKU
LGEKU has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include E.ON. 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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Provider of electricity and natural gas distribution services
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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 LGEKU
| 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 - LGEKU
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Lgeku Comparisons
Competitors of LGEKU
LGEKU 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 Recharge.com, PayGo, Natcom TopUp, PieMob and Islacel, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online utility bill payment platform for individuals
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| domain | founded_year | HQ Location |
PayGo is recognized for providing prepay utility billing solutions.
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| domain | founded_year | HQ Location |
Online platform for mobile top-ups, recharges, and secure payments in Haiti.
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| domain | founded_year | HQ Location |
Functions as an online platform for individual bill payments.
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| domain | founded_year | HQ Location |
App-based platform for recharging various services conveniently.
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| 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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Latest news on Lgeku
Frequently Asked Questions about LGEKU
When was LGEKU founded?
LGEKU was founded in 1903 and raised its 1st funding round 116 years after it was founded.
Where is LGEKU located?
LGEKU is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
What does LGEKU do?
Energy services and solutions are provided by LGEKU, founded in 1903 in Louisville, United States, for residential and commercial customers in the utilities sector. Online bill payment options are offered alongside account management through a mobile application. Operations focus on streamlining consumer interactions with energy providers across the region.
Who are the top competitors of LGEKU?
LGEKU's top competitors include Recharge.com, PayGo and Onedox.
What products or services does LGEKU offer?
LGEKU offers Billing and Payment Services, Outage Reporting, Energy Efficiency Programs, and Renewable Energy Options.
Who are LGEKU's investors?
LGEKU has 1 investor. Key investors include E.ON.