About Main Street Power Company
Main Street Power Company is a company based in Boulder (United States) founded in 2009 was acquired by AES in March 2015.. Main Street Power Company has raised $2.97 million across 2 funding rounds from investors including AES. Main Street Power Company operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Fortum, Cypress Creek Renewables and Neoen, among others.
- Headquarter Boulder, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Main Street Power Company, Inc.
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Funding Insights of Main Street Power Company
Main Street Power Company has successfully raised a total of $2.97M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.1 million completed in August 2013. 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 Funding
- Total Rounds 2
- Last Round Series A — $2.1M
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First Round
First Round
(12 Mar 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2013 | Amount | Series A - Main Street Power Company | Valuation |
investors |
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| Mar, 2010 | Amount | Seed - Main Street Power Company | 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 Main Street Power Company
Main Street Power Company has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include AES. 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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Electric power is generated and distributed globally by AES.
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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 Main Street Power Company
| 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 - Main Street Power Company
| 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 |
Main Street Power Company Comparisons
Competitors of Main Street Power Company
Main Street Power Company 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 Octopus Energy, NextEra Energy, Fortum, Cypress Creek Renewables and Neoen, 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 |
Utility bill management platform is provided for tracking and billing.
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| domain | founded_year | HQ Location |
Developer of energy solutions
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| domain | founded_year | HQ Location |
Clean energy solutions for generation, retail, and heating are provided.
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| domain | founded_year | HQ Location |
Solar farms are owned, developed, and financed in the USA.
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| domain | founded_year | HQ Location |
Renewable energy is generated in solar, wind, and biomass sectors.
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| domain | founded_year | HQ Location |
Mobile payment and marketing solutions are delivered to businesses.
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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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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 Main Street Power Company
When was Main Street Power Company founded?
Main Street Power Company was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Main Street Power Company located?
Main Street Power Company is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Is Main Street Power Company a funded company?
Main Street Power Company is a funded company, having raised a total of $2.97M across 2 funding rounds to date. The company's 1st funding round was a Seed of $865K, raised on Mar 12, 2010.
What does Main Street Power Company do?
Main Street Power was founded in 2009 in Boulder, United States, and focuses on the renewable energy sector. Distributed generation PV solar systems are financed, developed, owned, and operated to serve electric utilities, public schools, universities, municipalities, corporations, and public sector utilities. A financial partnership with Morgan Stanley has been maintained since inception, supporting operations across various clients.
Who are the top competitors of Main Street Power Company?
Main Street Power Company's top competitors include Octopus Energy, NextEra Energy and Neoen.
Who are Main Street Power Company's investors?
Main Street Power Company has 1 investor. Key investors include AES.