About Powerco
Powerco was founded in 1996 and is headquartered in New Plymouth, New Zealand. Operations focus on the energy and utilities sector, where gas and electricity are distributed via extensive line and pipe networks. Utility services are provided to customers across the country, making it the largest dual-energy distributor. Network infrastructure supports reliable delivery in a key regional market.
- Headquarter New Plymouth, New Zealand
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
- Legal Name Powerco Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Australian Retirement Trust
(Aug 26, 2024)
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Funding Insights of Powerco
| 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 Powerco
Powerco has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Australian Retirement Trust. 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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Australian Retirement Trust offers expert investment management and retirement planning solutions.
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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 Powerco
| 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 - Powerco
| 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 |
Powerco Comparisons
Competitors of Powerco
| 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 Powerco
When was Powerco founded?
Powerco was founded in 1996.
Where is Powerco located?
Powerco is headquartered in New Plymouth, New Zealand.
What does Powerco do?
Powerco was founded in 1996 and is headquartered in New Plymouth, New Zealand. Operations focus on the energy and utilities sector, where gas and electricity are distributed via extensive line and pipe networks. Utility services are provided to customers across the country, making it the largest dual-energy distributor. Network infrastructure supports reliable delivery in a key regional market.
Who are Powerco's investors?
Powerco has 1 investor. Key investors include Australian Retirement Trust.
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