About SoCore Energy
SoCore Energy is a company based in Chicago (United States) founded in 2008 was acquired by ENGIE in March 2018.. SoCore Energy has raised $10.46 million across 3 funding rounds from investors including Edison International, ENGIE North America and Lightbank. SoCore Energy operates in a competitive market with competitors including Enel X, Lightsource BP, Dominion Energy, Hillman Group and Origis Energy, among others.
- Headquarter Chicago, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.46 M (USD)
in 3 rounds
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Latest Funding Round
$4 M (USD), Series A
Feb 28, 2012
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Investors
Edison International
& 5 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of SoCore Energy
SoCore Energy has successfully raised a total of $10.46M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in February 2012. 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 A — $4.0M
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First Round
First Round
(11 Nov 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2012 | Amount | Series A - SoCore Energy | Valuation |
investors |
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| Dec, 2011 | Amount | Series A - SoCore Energy | Valuation | Merrick , Illinois Dream Fund |
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| Nov, 2009 | Amount | Series A - SoCore Energy | Valuation |
investors |
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| 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 SoCore Energy
SoCore Energy has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Edison International, ENGIE North America and Lightbank. 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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Tech focused seed & early stage VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Online lottery results for Singapore Pools are facilitated.
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Founded Year | Domain | Location | |
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Merrick is engaged in systemic problem-solving and software 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 SoCore Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - SoCore Energy
| 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 |
Socore Energy Comparisons
Competitors of SoCore Energy
SoCore Energy 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 Enel X, Lightsource BP, Dominion Energy, Hillman Group and Origis Energy, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Utility-scale renewable energy projects are developed by Enel X.
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| domain | founded_year | HQ Location |
Solar energy projects are developed and operated by Lightsource BP.
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| domain | founded_year | HQ Location |
Energy production and transportation are conducted by Dominion Energy.
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| domain | founded_year | HQ Location |
Hardware and home improvement products are supplied to retail markets.
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| domain | founded_year | HQ Location |
Utility-scale and commercial solar projects are developed worldwide.
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| domain | founded_year | HQ Location |
Solar and wind energy projects are developed and operated.
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| 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 SoCore Energy
When was SoCore Energy founded?
SoCore Energy was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is SoCore Energy located?
SoCore Energy is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is SoCore Energy a funded company?
SoCore Energy is a funded company, having raised a total of $10.46M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.46M, raised on Nov 11, 2009.
What does SoCore Energy do?
SoCore Energy was founded in 2008 and is based in Chicago, United States. Operations focus on the solar energy sector, where commercial rooftop installations are provided to multi-site retailers, REITs, and industrial clients. Additional services include solar financing, ongoing management, performance monitoring, engineering, and design support. These offerings address needs in the renewable energy market for large-scale clients.
Who are the top competitors of SoCore Energy?
SoCore Energy's top competitors include Enel X, Lightsource BP and Dominion Energy.
Who are SoCore Energy's investors?
SoCore Energy has 6 investors. Key investors include Edison International, ENGIE North America, Lightbank, SALJU4D, and Merrick.