Modern Energy Overview
- Founded
-
2016
- Status
-
Private
- Employees
-
57
- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$100M
- Investors
-
3
Modern Energy General Information
Description
Operator of a diversified energy company intended to assure sustainable, reliable, and affordable energy for all. The company partners with clean energy businesses to scale innovations in energy efficiency, distributed generation, and storage, enabling early-stage asset developers to lead the transition to a net-zero carbon economy.
Contact Information
Website
www.modern.energy
Formerly Known As
Wylan Energy
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Energy Services
Primary Office
- 703 Foster Street
- Durham, NC 27701
- United States
+1 (919) 000-0000
Modern Energy Timeline
Modern Energy Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Debt - General | 23-Jul-2020 | $100M | 00000 | Completed | Generating Revenue | |
| 2. Early Stage VC | 10-Jul-2020 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 1. Early Stage VC | 06-Oct-2017 | $2.97M | $2.97M | Completed | Generating Revenue |
Modern Energy Executive Team (10)
Modern Energy Board Members (7)
| Name | Representing | Role | Since |
|---|---|---|---|
| Benjamin Abram | Modern Energy | Co-Founder, Chief Executive Officer, Managing Partner & Board Member | 000 0000 |
| Jim Wickett | Self | Board Member | 000 0000 |
| Joel Thomas | Self | Board Member | 000 0000 |
| Keith Laabs | Self | Board Member | 000 0000 |
| Mark Laabs | Self | Co-Founder, Executive Chairman & Managing Partner | 000 0000 |
Modern Energy Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Modern Energy Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Blue Bright Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Metropolis Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| Suleman Ali | Angel (individual) | Minority | 000 0000 | 000000 0 |
Modern Energy Investments & Acquisitions (4)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000000000 00 | 28-Feb-2023 | 00 0000000 | 0000 | Energy Production | 00000 000 |
| 0000000000 00 | 01-Nov-2021 | 000000000 | 0000 | Energy Production | 0000 0000 |
| 0000 000000 | 17-Feb-2020 | 0000000000 | Other Energy Services | 0000 0000 | |
| KrakenFlex | 04-Jan-2018 | Early Stage VC | 00.000 | Business/Productivity Software |
Modern Energy Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 0000 000000 | Other Energy Services | Sao Paulo, Brazil | 0000 |
Modern Energy Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 0000000000 | 04-Jan-2018 | 00000 00000 00 | 00.000 | Completed |
|