F

FirstEnergy

6034 employees

FirstEnergy (NYSE: FE) is a diversified energy company dedicated to safety, reliability and operational excellence.

Investor insights

Sectors invested in

Energy3

Carbon capture technology and multi-pollutant control technology2

CleanTech2

Fossil Fuels2

Environmental Asset & Risk Management1

Demand Response Technologies1

Oil and Gas1

Wholesale Power Markets1

Energy Management1

Environmental Registries and Power Market Operations1

Public Relations1

Procurement1

Software1

SaaS1

E-Commerce1

Funding rounds participated in

$28M sweet spot round size

Most of their 4 investments are in rounds between $20M and $30M

Basic info

Industry

utilities

Sectors

Energy

Clean Energy

Energy Efficiency

Information Services

Energy and Electricity

Date founded

1997

Investments made

P

Perfect Commerce raised $30M on November 17, 2005

Investors: Mobius Venture Capital, Dawntreader Ventures Llc, Pacific Gas & Electric Co., Southern Company, Oak Hill Capital, Mayfield Fund and FirstEnergy

P

Powerspan Corp raised $20M on August 13, 2003

Investors: NGEN Partners, The Beacon Group and FirstEnergy

a

apx logistic raised $36M on October 11, 2000

Investors: Kinetic Ventures, ONSET Ventures, Bechtel, Woodside Fund and FirstEnergy

P

Powerspan Corp raised $26M on July 24, 2000

Investors: Calvert Research and Management, American Electric Power, The Beacon Group and FirstEnergy

Funding rounds raised

Total raised

$2.5B

from 2 investors over 2 rounds

F

FirstEnergy raised $2.5B on January 22, 2018

Investors: GIC and Zimmer Lucas Partners