About Paragon
Paragon is a company based in Oak Ridge (United States) founded in 2000 was acquired by Mirion in September 2025. It operates as a Professional Services, and Two-Sided Marketplace. Paragon has completed 3 acquisitions, including Paragon Energy Solutions, RC Innovations and Rock Creek Innovations. Paragon offers products and services including Highly Integrated Protection System (HIPS), CoreVision Neutron Monitoring System, PeAks Marketplace, Qualification & Dedication, and Custom Equipment. Paragon operates in a competitive market with competitors including BHI Energy, Realta Fusion, Oglethorpe Power, Zeno Power and Conco, among others.
- Headquarter Oak Ridge, United States
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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
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- Legal Name Paragon Energy Solutions
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Mirion
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Paragon Energy Solutions
& 2 more
- Acquired by
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Products & Services of Paragon
Paragon offers a comprehensive portfolio of products and services, including Highly Integrated Protection System (HIPS), CoreVision Neutron Monitoring System, PeAks Marketplace, Qualification & Dedication, and Custom Equipment. 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.
Advanced modular cybersecure controls are provided for nuclear industry.
Reactor core insights are delivered to nuclear power plants.
Parts purchasing is transformed for power generation industry.
High-standard testing and dedication are performed for nuclear components.
Tailored solutions are designed to extend nuclear plant life.
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Funding Insights of Paragon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Paragon
Paragon has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Mirion, Argosy Capital and Windjammer Capital Investors. 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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Argosy Capital is focused on investment management across multiple sectors.
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Private equity investments are managed from Newport Beach, United States.
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Radiation detection, measurement, analysis, and monitoring products are supplied.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Paragon
Paragon has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Paragon Energy Solutions, RC Innovations and Rock Creek Innovations. 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
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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 |
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Safety-critical systems are designed and developed for engineering applications.
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Residential and commercial real estate properties are developed.
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Instrumentation and control solutions are supplied for the nuclear industry.
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1996 |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Paragon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Paragon Comparisons
Competitors of Paragon
Paragon 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 BHI Energy, Realta Fusion, Oglethorpe Power, Zeno Power and Conco, 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 |
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Renewable energy and oil & gas projects are developed.
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Nuclear energy projects are developed in Madison, United States.
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Generates and supplies reliable electric power to cooperatives in Georgia, emphasizing safety and environmental responsibility.
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Nuclear energy projects are developed by Zeno Power.
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Developer of nuclear energy based projects
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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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paragon
Frequently Asked Questions about Paragon
When was Paragon founded?
Paragon was founded in 2000.
Where is Paragon located?
Paragon is headquartered in Oak Ridge, United States. It is registered at Oak Ridge, Tennessee, United States.
Who is the current CEO of Paragon?
Doug VanTassell is the current CEO of Paragon.
What does Paragon do?
Comprehensive instrumentation and control technologies are developed by Paragon Energy Solutions for the nuclear industry. Focus is placed on commercial nuclear, DOE nuclear propulsion, and next-generation reactors. Tailored solutions, including the Highly Integrated Protection System (HIPS) and CoreVision Neutron Monitoring System, are offered to enhance safety and efficiency. Supply chain management is supported through the PeAks Marketplace, while custom equipment and qualification services are provided to extend plant life and ensure reliability. Leadership in the global new nuclear renaissance is maintained through innovative and reliable solutions addressing the sectors toughest challenges.
Who are the top competitors of Paragon?
Paragon's top competitors include BHI Energy, Realta Fusion and Zeno Power.
What products or services does Paragon offer?
Paragon offers Highly Integrated Protection System (HIPS), CoreVision Neutron Monitoring System, PeAks Marketplace, Qualification & Dedication, and Custom Equipment.
How many acquisitions has Paragon made?
Paragon has made 3 acquisitions, including Paragon Energy Solutions, RC Innovations, and Rock Creek Innovations.
Who are Paragon's investors?
Paragon has 3 investors. Key investors include Mirion, Argosy Capital, and Windjammer Capital Investors.
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