About TECO Energy
TECO Energy is a company based in Tampa (United States) founded in 1899 was acquired by Emera in September 2015. It operates as a Subscription Services. TECO Energy offers products and services including Tampa Electric and Peoples Gas.
- Headquarter Tampa, 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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- Legal Name Teco Energy, Inc.
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Products & Services of TECO Energy
TECO Energy offers a comprehensive portfolio of products and services, including Tampa Electric and Peoples Gas. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Electricity services are provided to residential and commercial customers.
Natural gas services are delivered for residential and businesses.
Funding Insights of TECO Energy
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $250.0M
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First Round
First Round
(01 May 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Debt – Conventional - TECO 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 TECO Energy
TECO Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Emera. 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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Emera is engaged in delivering reliable, cleaner energy 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 TECO Energy
| 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 - TECO 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 |
Teco Energy Comparisons
Competitors of TECO Energy
| 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 TECO Energy
When was TECO Energy founded?
TECO Energy was founded in 1899 and raised its 1st funding round 116 years after it was founded.
Where is TECO Energy located?
TECO Energy is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Who is the current CEO of TECO Energy?
Gordon Gillette is the current CEO of TECO Energy.
What is the annual revenue of TECO Energy?
Annual revenue of TECO Energy is $2.74B as on Dec 31, 2015.
What does TECO Energy do?
TECO Energy is involved in the distribution of electricity through Tampa Electric and natural gas through Peoples Gas. Services are offered to residential and commercial customers in the Tampa area. Solutions include energy efficiency tips, safety guidance, and billing options. The company operates within the utility sector, focusing on sustainable energy delivery. It was acquired by Emera Inc. in 2016 and is no longer publicly traded.
What products or services does TECO Energy offer?
TECO Energy offers Tampa Electric and Peoples Gas.
Who are TECO Energy's investors?
TECO Energy has 1 investor. Key investors include Emera.