About NG Advantage
NG Advantage is a company based in Colchester (United States) founded in 2011 was acquired by Clean Energy Fuels in October 2014. It operates as a Product-as-a-Service. NG Advantage has raised $45.3 million across 5 funding rounds from investors including Clean Energy, Essex Flagship Investors Group and Clean Energy Venture Group. The company has 35 employees as of December 31, 2022. NG Advantage offers products and services including Mobile Pipeline Solutions. NG Advantage operates in a competitive market with competitors including DarkPulse Technologies, Sparus Holdings, Leakmited, FEBUS Optics and OneBridge, among others.
- Headquarter Colchester, United States
- Employees 35 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ng Advantage Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45.3 M (USD)
in 5 rounds
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Latest Funding Round
$26.68 M (USD), Series B
Dec 09, 2019
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Investors
Clean Energy
& 2 more
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Employee Count
35
as on Dec 31, 2022
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Acquired by
Clean Energy Fuels
(Oct 15, 2014)
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Products & Services of NG Advantage
NG Advantage offers a comprehensive portfolio of products and services, including Mobile Pipeline Solutions. 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.
Compressed natural gas is delivered via mobile pipelines.
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Funding Insights of NG Advantage
NG Advantage has successfully raised a total of $45.3M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $26.68 million completed in December 2019. 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 5
- Last Round Series B — $26.7M
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First Round
First Round
(15 Mar 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series B - NG Advantage | Valuation |
investors |
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| Oct, 2018 | Amount | Series A - NG Advantage | Valuation |
investors |
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| Mar, 2014 | Amount | Series A - NG Advantage | 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 NG Advantage
NG Advantage has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Clean Energy, Essex Flagship Investors Group and Clean Energy Venture Group. 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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Founded Year | Domain | Location | |
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Early-stage climate tech startups are supported with seed capital.
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Founded Year | Domain | Location | |
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Natural gas is supplied for transportation fuel 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 NG Advantage
| 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 - NG Advantage
| 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 |
Ng Advantage Comparisons
Competitors of NG Advantage
NG Advantage 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 DarkPulse Technologies, Sparus Holdings, Leakmited, FEBUS Optics and OneBridge, 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 |
Fiber optic sensors are supplied for industrial monitoring applications.
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| domain | founded_year | HQ Location |
Provider of leak detection and pipeline inspection services
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| domain | founded_year | HQ Location |
Underground water leaks are detected via AI and satellite imagery.
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| domain | founded_year | HQ Location |
Technology solutions for oil and gas industry
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| domain | founded_year | HQ Location |
Machine learning solutions are delivered for oil and gas pipelines.
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| 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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Latest news on Ng Advantage
Frequently Asked Questions about NG Advantage
When was NG Advantage founded?
NG Advantage was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is NG Advantage located?
NG Advantage is headquartered in Colchester, United States.
Who is the current CEO of NG Advantage?
Enrico Biasetti is the current CEO of NG Advantage.
Is NG Advantage a funded company?
NG Advantage is a funded company, having raised a total of $45.3M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5.5M, raised on Mar 15, 2013.
How many employees does NG Advantage have?
As of Dec 31, 2022, the latest employee count at NG Advantage is 35.
What does NG Advantage do?
Mobile pipeline solutions are offered by NG Advantage to manufacturers, institutions, and utilities lacking access to pipeline natural gas or facing supply constraints. Natural gas is transported using high-tech carbon fiber tractor-trailers and consumed directly from trailers at customer sites. The transition to renewable energy is supported by replacing oil-based fuels, significantly reducing CO2 and other emissions. Operations are focused in the Northeast region of the United States.
Who are the top competitors of NG Advantage?
NG Advantage's top competitors include Leakmited, DarkPulse Technologies and FEBUS Optics.
What products or services does NG Advantage offer?
NG Advantage offers Mobile Pipeline Solutions.
Who are NG Advantage's investors?
NG Advantage has 3 investors. Key investors include Clean Energy, Essex Flagship Investors Group, and Clean Energy Venture Group.