About MassCEC
MassCEC was established in 2009 in Boston, United States, as an accelerator and incubator dedicated to clean energy companies. Operations center on providing resources, mentorship, and funding opportunities to early-stage firms in the clean energy sector. Services include program development, networking facilitation, and investment support, with a focus on advancing sustainable technologies across New England and beyond. Key leadership is held by Managing Director Hilary Flynn and CEO Jennifer Daloisio.
- Headquarter Boston, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$39.75 M (USD), Grant
Aug 31, 2009
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Investors
U.S. Department of Transportation
& 1 more
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Employee Count
Employee Count
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Leadership Team
26 people
Program Team
11 people
Senior Team
7 people
Legal and Compliance
4 people
Software Development Team
4 people
Investment Team
3 people
Human Resources and Administration
3 people
Customer Team
2 people
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Funding Insights of MassCEC
- Total Funding Total Funding
- Total Rounds 16
- Last Round Grant — $39.8M
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First Round
First Round
(02 May 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2009 | Amount | Grant - MassCEC | Valuation |
investors |
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| Jun, 2009 | Amount | Grant - MassCEC | Valuation |
investors |
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| May, 2009 | Amount | Grant - MassCEC | Valuation |
investors |
| 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 MassCEC
MassCEC has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include U.S. Department of Transportation and OSTI.GOV. 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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Transportation website for planning and coordinating federal transportation projects
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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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 MassCEC
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - MassCEC
| 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 |
Masscec Comparisons
Competitors of MassCEC
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 MassCEC
When was MassCEC founded?
MassCEC was founded in 2009.
Where is MassCEC located?
MassCEC is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of MassCEC?
Jennifer Daloisio is the current CEO of MassCEC.
What does MassCEC do?
MassCEC was established in 2009 in Boston, United States, as an accelerator and incubator dedicated to clean energy companies. Operations center on providing resources, mentorship, and funding opportunities to early-stage firms in the clean energy sector. Services include program development, networking facilitation, and investment support, with a focus on advancing sustainable technologies across New England and beyond. Key leadership is held by Managing Director Hilary Flynn and CEO Jennifer Daloisio.
Who are MassCEC's investors?
MassCEC has 2 investors. Key investors include U.S. Department of Transportation, and OSTI.GOV.
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