About Noco
Noco is a company based in Tonawanda (United States) founded in 1933 was acquired by Marathon Petroleum in April 2019.. The company has 313 employees as of December 31, 2021. Noco has completed 2 acquisitions, including Down the Drain Plumbing and Glycol Blender.
- Headquarter Tonawanda, United States
- Employees 313 as on 31 Dec, 2021
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$400 K (USD), Grant
Dec 12, 2003
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Investors
Marathon Petroleum
& 1 more
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Employee Count
313
as on Dec 31, 2021
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Investments & Acquisitions
Down the Drain Plumbing
& 1 more
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Acquired by
Marathon Petroleum
(Apr 09, 2019)
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Funding Insights of Noco
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $400,000
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First Round
First Round
(12 Dec 2003)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2003 | Amount | Grant - Noco | 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 Noco
Noco has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Marathon Petroleum and Homeland Security. 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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Aviation and border security services are provided by DHS.
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Founded Year | Domain | Location | |
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Petroleum products are refined, transported, and marketed by the company.
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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 Noco
Noco has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Down the Drain Plumbing and Glycol Blender. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Plumbing services are delivered for residential and commercial clients.
|
2023 | ||||
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Glycol blended products are produced and supplied for industrial applications.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Noco
| 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 |
Noco Comparisons
Competitors of Noco
| 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 Noco
Frequently Asked Questions about Noco
When was Noco founded?
Noco was founded in 1933 and raised its 1st funding round 70 years after it was founded.
Where is Noco located?
Noco is headquartered in Tonawanda, United States. It is registered at Tonawanda, New York, United States.
How many employees does Noco have?
As of Dec 31, 2021, the latest employee count at Noco is 313.
What does Noco do?
NOCO was founded in 1933 in Tonawanda, United States, within the energy and utilities sector. Residential and commercial services are offered, encompassing heating and cooling systems, propane, natural gas, electricity, and solar energy options. Generator installation and maintenance, plumbing, energy assessments, and fuel delivery for commercial fleets are also handled. Operations focus on sustainable energy practices across the region.
How many acquisitions has Noco made?
Noco has made 2 acquisitions, including Down the Drain Plumbing, and Glycol Blender.
Who are Noco's investors?
Noco has 2 investors. Key investors include Marathon Petroleum, and Homeland Security.
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