About Prenova
Prenova is an Energy & Utilities company based in Atlanta (United States) founded in 2002, and was acquired by ENGIE Impact in December 2011. Energy efficiency consulting is offered to lower utility costs. Prenova has raised $15.5 million across 3 funding rounds from investors including ENGIE Impact, Next47 and Arcapita. Prenova has completed 1 acquisition, including Cyrus Technologies. Its focus areas include Energy and Energy Training and Research Services.
Company details
Prenova was founded in 2002 in Atlanta, United States, and operates in the energy management sector. Services are provided to assist companies in developing customized energy strategies and implementing them across operations. Coverage spans the full energy lifecycle, from sourcing to consumption control. Solutions address key factors driving energy expenses, with reported reductions of 10-20 in spend achieved through targeted expertise.
- Headquarters Atlanta, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website prenova.com
- Social LinkedIn
- Acquired by ENGIE Impact (Dec 2011)
- Total Equity Funding$15.5M (USD)
in 3 rounds
- Latest Funding Round$1.5M (USD), Series B
Nov 2009
- InvestorsENGIE Impact
& 5 more
- Investments & Acquisitions
- Acquired byENGIE Impact
(Dec 2011)
Funding Insights of Prenova
Prenova has successfully raised a total of $15.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $1.5 million completed in November 2009. 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 $15.5M
- Total Rounds 3
- Last Round Series B — $1.5M
- First Round $11M
(May 2006)
- Investors Count 5
All 3 funding rounds of Prenova with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2009 | $1.5M | Series B | – | – | – |
| Mar 2007 | $3M | Series B | – | – | |
| May 2006 | $11M | Series B | – | Arcapita |
6 investors in total: 6 institutional.
Investors in Prenova
Prenova has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include ENGIE Impact, Next47 and Arcapita.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture investments in systems, infrastructure, and applications for enterprise founders. | next47.com | |||
Private equity investments in real estate are managed by Arcapita. | arcapita.com | Manama, Bahrain | ||
Venture capital investments in Texas-based companies. | austinventures.com | |||
Frontenac is engaged in private equity investments for middle-market companies. | 1971 | frontenac.com | Chicago, United States | |
| rccf.com | ||||
Offers systems planning, target development, and consulting services to corporations & governments | 1996 | engieimpact.com | New York, United States |
Investor details for Prenova
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Prenova
Prenova has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cyrus Technologies.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Offers system integration solutions for efficient technology operations. | cyrustechnologies.com | Fort Lauderdale, United States | 1997 | Jan 2011 | •••• |
Complete acquisition details for Prenova
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Prenova
5 dated milestones of Prenova across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Prenova is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series B, of $1.5M.
- Acquisition Acquires Cyrus Technologies.
- Exit Acquired by ENGIE Impact.
Top companies in Energy Management & Support Services
3 companies that operate in the same segment as Prenova (Energy Management & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Clean energy training and consulting services are provided by Crux. | 2023 | Washington, District Of Columbia, United States | USD 77.05 M | |||
Power storage projects are developed and operated globally. | 2017 | Aliso Viejo, California, United States | ||||
Research in waste management and environmental restoration is conducted. | 1965 | Richland, Washington, United States |
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Frequently Asked Questions about Prenova
Prenova was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Prenova is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Prenova is a funded company, having raised a total of $15.5M across 3 funding rounds to date. The company's 1st funding round was a Series B of $11M, raised on May 2006.
Prenova was founded in 2002 in Atlanta, United States, and operates in the energy management sector. Services are provided to assist companies in developing customized energy strategies and implementing them across operations. Coverage spans the full energy lifecycle, from sourcing to consumption control. Solutions address key factors driving energy expenses, with reported reductions of 10-20 in spend achieved through targeted expertise.
Prenova has made 1 acquisition, including Cyrus Technologies.
Prenova has 6 investors. Key investors include ENGIE Impact, Next47, Arcapita, Austin Ventures, and Frontenac.
Yes. Prenova was acquired by ENGIE Impact in December 2011.