VertexOne

Richardson, United States Founded: 1996 • Age: 30 yrs Acquired By DFW Capital Partners
Cloud software connecting utilities to customers for billing and operations.
Annual revenue $3.1M Latest available
Total funding $56.0M 2 rounds
Employees 132 Tracked headcount
Investors 2 Known backers
Products 7 Services tracked
Competitors 10 Brand Intelligence

About VertexOne

VertexOne is a company based in Richardson (United States) founded in 1996 was acquired by DFW Capital Partners in July 2019. It operates as a SaaS and B2B. VertexOne has raised $56 million across 2 funding rounds from investors including Runway Growth Capital and DFW Capital Partners. The company has 132 employees as of March 31, 2023. VertexOne has completed 2 acquisitions, including EC Infosystems and VertexOne. VertexOne offers products and services including MyMeter, VXcis, VXengage, VXexchange, and VXfieldwork. VertexOne operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Richardson, United States
  • Employees 132 as on 31 Mar, 2023
  • Sectors
    Energy & Utilities
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Vertexone Process Solutions Private Limited
  • Date of Incorporation 21 Jan, 2015
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.09 M (USD)
    27.56
    as on Mar 31, 2023
  • Net Profit
    $326.24 K (USD)
    19.1
    as on Mar 31, 2023
  • EBITDA
    $486.05 K (USD)
    12.18
    as on Mar 31, 2023
  • Total Equity Funding
    $56 M (USD)

    in 2 rounds

  • Latest Funding Round
    $56 M (USD), Series C

    Dec 12, 2024

  • Investors
  • Employee Count
    132

    as on Mar 31, 2023

  • Investments & Acquisitions
  • Acquired by
    DFW Capital Partners

    (Jul 25, 2019)

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Products & Services of VertexOne

VertexOne offers a comprehensive portfolio of products and services, including MyMeter, VXcis, VXengage, VXexchange, and VXfieldwork.

Product name locked
Category locked
Primary

Platform for real-time energy insights and customer engagement.

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System for utility billing and customer information services.

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Tools for personalized customer interactions in utilities.

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Platform for business operations and data sharing in energy.

Product name locked
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Solutions for field operations and problem resolution.

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Software for acquiring and managing retail energy customers.

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Advanced tools for smart meter insights and analytics.

People of VertexOne

Headcount 200-500
Employee Profiles 97
Board Members and Advisors 4
Employee Profiles
People
Paige Besson
SVP of Marketing
People
Bill Mareburger
SVP of Product Strategy
People
Mark Carde
CIO
People
Audra Leigh Braden
Outside General Counsel

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Board Members and Advisors
people
Ke Ding
Director
people
Keith Pennell
Chairman
people
Douglas Gilbert
Director
people
Brad Almond
Director

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Funding Insights of VertexOne

VertexOne has successfully raised a total of $56M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $56 million completed in December 2024. 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 VertexOne

VertexOne has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Runway Growth Capital and DFW Capital Partners.

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Venture Fund
Investor Description Founded Year Domain Location
Venture debt financing is provided to companies across multiple sectors.
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Growth-driven investments are made in middle-market service companies.
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Investor details for VertexOne

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by VertexOne

VertexOne has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EC Infosystems and VertexOne.

Investments
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Investment portfolio details for VertexOne

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based data analytics are provided for water grid management.
Locked Locked 2009 Locked
Provides IT services suite
Locked Locked 1995 Locked
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Complete acquisition details for VertexOne

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Financial Statements - VertexOne

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Detailed financials for VertexOne

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Vertexone Comparisons

VertexOne Primary company
Description
Cloud software connecting utilities to customers for billing...
Location
Richardson, United States
Founded Year
1996
Annual Revenue
$3.09 M (USD)
Net Profit
$326.24 K (USD)
EBITDA
$486.05 K (USD)
Employees
132
As of 2023
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Peer comparison for VertexOne

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Competitors of VertexOne

VertexOne 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of VertexOne

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Latest news on Vertexone

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Complete news archive for VertexOne

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Frequently Asked Questions about VertexOne

VertexOne was founded in 1996 and raised its 1st funding round 26 years after it was founded.

VertexOne is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.

VertexOne is a funded company, having raised a total of $56M across 2 funding rounds to date.

As of Mar 31, 2023, the latest employee count at VertexOne is 132.

Annual revenue of VertexOne is $3.09M as on Mar 31, 2023.

VertexOne delivers cloud-based solutions that link water, gas, and electric utilities with customers and business operations. It offers products like MyMeter for analytics and VXcis for billing, enhancing engagement and efficiency. Based in Houston, TX, and Gurgaon, India, the company serves energy retailers and providers, focusing on digital tools for customer insights and seamless services.

VertexOne's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

VertexOne offers MyMeter, VXcis, VXengage, VXexchange, and 3 more products and services.

VertexOne has made 2 acquisitions, including EC Infosystems, and VertexOne.

VertexOne has 2 investors. Key investors include Runway Growth Capital, and DFW Capital Partners.

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