About VELCO
VELCO is a company based in Rutland (United States) founded in 1956. VELCO has raised $239.68 million across 9 funding rounds from investors including OSTI.GOV. VELCO offers products and services including Electricity Transmission and Grid Planning.
- Headquarter Rutland, United States
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Vermont Electric Power Company
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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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Total Equity Funding
$239.68 M (USD)
in 9 rounds
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Latest Funding Round
$30 M (USD), Series C
Dec 01, 2023
- Investors
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Employee Count
Not available
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Products & Services of VELCO
VELCO offers a comprehensive portfolio of products and services, including Electricity Transmission and Grid Planning.
The safe and reliable transmission of electric power is managed throughout Vermont and the New England network
Assessments of future electricity needs and upgrades are conducted to ensure a resilient grid
People of VELCO
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Funding Insights of VELCO
VELCO has successfully raised a total of $239.68M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in December 2023. 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.
Investors in VELCO
VELCO has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Locked | Locked | Locked |
Investor details for VELCO
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Investments & Acquisitions by VELCO
Investment portfolio details for VELCO
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Financial Statements - VELCO
Detailed financials for VELCO
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Velco Comparisons
Peer comparison for VELCO
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Competitors of VELCO
Detailed competitors of VELCO
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Latest news on Velco
Complete news archive for VELCO
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Frequently Asked Questions about VELCO
VELCO was founded in 1956 and raised its 1st funding round 53 years after it was founded.
VELCO is headquartered in Rutland, United States. It is registered at Rutland, Vermont, United States.
VELCO is a funded company, having raised a total of $239.68M across 9 funding rounds to date.
VELCO was founded in 1956 and is located in Rutland, United States. Operations are conducted in the energy sector, with a focus on developing power transmission infrastructure. High-voltage lines and related facilities are planned, constructed, and maintained to support electricity distribution. Regional energy needs in the northeastern United States are addressed through these activities, ensuring grid reliability and efficiency.
VELCO offers Electricity Transmission and Grid Planning.
VELCO has 1 investor. Key investors include OSTI.GOV.