WESCO Utility

Calgary, Canada Founded: 2019 • Age: 7 yrs Acquired By Rexel
Medium and high-voltage equipment is distributed by WESCO Utility.

About WESCO Utility

WESCO Utility was established in 2019 in Calgary, Canada, as a distributor within the utility sector. Medium and high-voltage electrical equipment is supplied to support infrastructure needs. Operations are centered on procurement and delivery of components for power distribution systems. Services are provided primarily in the Canadian market, with an online presence maintained through the domain wescoutility.ca. Focus is placed on reliable sourcing for utility applications.

  • Headquarter Calgary, Canada
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Rexel

    (Feb 02, 2021)

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Funding Insights of WESCO Utility

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 WESCO Utility

WESCO Utility has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Rexel. 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.

All
Institutional
Investor Description Founded Year Domain Location
Electrical products and services are distributed globally by Rexel.
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 WESCO Utility

Investments
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

Financial Statements - WESCO Utility

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Wesco Utility Comparisons

Employees
+
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Competitors of WESCO Utility

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.

Latest news on Wesco Utility

Frequently Asked Questions about WESCO Utility

When was WESCO Utility founded?

WESCO Utility was founded in 2019.

Where is WESCO Utility located?

WESCO Utility is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

What does WESCO Utility do?

WESCO Utility was established in 2019 in Calgary, Canada, as a distributor within the utility sector. Medium and high-voltage electrical equipment is supplied to support infrastructure needs. Operations are centered on procurement and delivery of components for power distribution systems. Services are provided primarily in the Canadian market, with an online presence maintained through the domain wescoutility.ca. Focus is placed on reliable sourcing for utility applications.

Who are WESCO Utility's investors?

WESCO Utility has 1 investor. Key investors include Rexel.

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