About Prenova
Prenova is a company based in Atlanta (United States) founded in 2002 was acquired by ENGIE Impact in December 2011.. 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.
- Headquarter Atlanta, United States
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$15.5 M (USD)
in 3 rounds
-
Latest Funding Round
$1.5 M (USD), Series B
Nov 20, 2009
-
Investors
ENGIE Impact
& 5 more
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
ENGIE Impact
(Dec 02, 2011)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 Total Funding
- Total Rounds 3
- Last Round Series B — $1.5M
-
First Round
First Round
(08 May 2006)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2009 | Amount | Series B - Prenova | Valuation |
investors |
|
| Mar, 2007 | Amount | Series B - Prenova | Valuation |
investors |
|
| May, 2006 | Amount | Series B - Prenova | Valuation | Arcapita |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Venture investments in systems, infrastructure, and applications for enterprise founders.
|
Founded Year | Domain | Location | |
|
Private equity investments in real estate are managed by Arcapita.
|
Founded Year | Domain | Location | |
|
Venture capital investments in Texas-based companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Prenova
Prenova has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cyrus Technologies. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Offers system integration solutions for efficient technology operations.
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Prenova
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prenova Comparisons
Competitors of Prenova
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Prenova
When was Prenova founded?
Prenova was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Where is Prenova located?
Prenova is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Prenova a funded company?
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 08, 2006.
What does Prenova do?
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.
How many acquisitions has Prenova made?
Prenova has made 1 acquisition, including Cyrus Technologies.
Who are Prenova's investors?
Prenova has 6 investors. Key investors include ENGIE Impact, Next47, Arcapita, Austin Ventures, and Frontenac.