About PowerSecure
PowerSecure is a company based in Wake Forest (United States) founded in 1991 was acquired by Southern in February 2016. PowerSecure has completed 2 acquisitions, including Power Pro-Tech and Solais Lighting. PowerSecure offers products and services including Microgrids, Energy Efficiency Services, and PowerControl Monitoring. PowerSecure operates in a competitive market with competitors including Particle, Landis+Gyr, Span.IO, AwoX and Resideo, among others.
- Headquarter Wake Forest, United States
- Stage Public
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Sectors
Business ServicesEnergy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Powersecure, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$40 M (USD), Grant
Sep 10, 2015
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Investors
Citi
& 2 more
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Employee Count
Not available
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Investments & Acquisitions
Power Pro-Tech
& 1 more
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Acquired by
Southern
(Feb 24, 2016)
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Products & Services of PowerSecure
PowerSecure offers a comprehensive portfolio of products and services, including Microgrids, Energy Efficiency Services, and PowerControl Monitoring.
Delivers reliable power systems for resilience against outages.
Implements projects to reduce costs and enhance sustainability.
Offers 24/7 oversight of energy resources for optimal performance.
People of PowerSecure
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Software Development Team
25 people
Leadership Team
10 people
Sales and Marketing
10 people
Field Team
9 people
Product Management Team
7 people
Operations Team
7 people
Finance and Accounting
5 people
Legal and Compliance
4 people
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Funding Insights of PowerSecure
Investors in PowerSecure
PowerSecure has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Citi, Southern Company and BB&T.
| Investor | Description | Founded Year | Domain | Location |
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Diversified financial services are offered through commercial banking operations.
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Energy utilities, natural gas, and communications technology are provided.
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Investor details for PowerSecure
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Investments & Acquisitions by PowerSecure
PowerSecure has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Power Pro-Tech and Solais Lighting.
Investment portfolio details for PowerSecure
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of smart LED lighting products
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Distributed power solutions are provided for energy needs since 2002.
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Locked | Locked | 2002 | Locked |
Complete acquisition details for PowerSecure
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- Domains and locations
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Financial Statements - PowerSecure
Detailed financials for PowerSecure
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- Profit trends
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Powersecure Comparisons
Peer comparison for PowerSecure
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Competitors of PowerSecure
PowerSecure 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 Particle, Landis+Gyr, Span.IO, AwoX and Resideo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT connectivity platform from prototype to production is developed.
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End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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Wifi-enabled smart home appliances are provided by AwoX.
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Smart home products for security and energy efficiency are provided.
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Energy efficiency programs are designed for utilities and municipalities.
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Detailed competitors of PowerSecure
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- Full company profiles
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Latest news on Powersecure
Complete news archive for PowerSecure
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- Full article archive
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Frequently Asked Questions about PowerSecure
PowerSecure was founded in 1991 and raised its 1st funding round 22 years after it was founded.
PowerSecure is headquartered in Wake Forest, United States. It is registered at Wake Forest, North Carolina, United States.
Founded in 1991 and based in Wake Forest, United States, PowerSecure operates in the energy sector. Solutions for energy efficiency and smart grid management are supplied to electric utilities, institutional, and commercial customers. Services encompass interactive distributed generation, utility infrastructure, and solar energy. Energy-efficient lighting using LED technologies is included, along with design, installation, and maintenance for conservation efforts.
PowerSecure's top competitors include Particle, Landis+Gyr and Span.IO.
PowerSecure offers Microgrids, Energy Efficiency Services, and PowerControl Monitoring.
PowerSecure has made 2 acquisitions, including Power Pro-Tech, and Solais Lighting.
PowerSecure has 3 investors. Key investors include Citi, Southern Company, and BB&T.