Comverge Overview

  • Year Founded
  • 1980

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 520

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 14

  • Investments
  • 4

Comverge General Information

Description

Provider of integrated demand response, energy efficiency, and customer engagement software intended to help create a greener planet and environment through the delivery of cutting edge, engaging energy management solutions and products. The company's integrated cloud-based demand response, energy efficiency and customer engagement solutions enables electric utilities to ensure grid reliability, lower energy costs, meet regulatory demands and enhance the customer experience, enabling utilities to optimize every aspect of a demand management program, from participant recruitment and device installation to call center support, control events, and measurement and verification.

Contact Information

Website
www.comverge.com
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • 5390 Triangle Parkway
  • Suite 300
  • Norcross, GA 30092
  • United States
+1 (678)
Primary Industry
Application Software
Other Industries
Other Energy Services
Acquirer
Itron
Vertical(s)
TMT
Corporate Office
  • 5390 Triangle Parkway
  • Suite 300
  • Norcross, GA 30092
  • United States
+1 (678)

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Comverge Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Comverge Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of integrated demand response, energy efficiency, and customer engagement software intended to help create a gr
Application Software
Norcross, GA
520 As of 2012

Royal Oak, MI
 

San Diego, CA
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Comverge Competitors (27)

One of Comverge’s 27 competitors is Powerley, a Private Equity-Backed company based in Royal Oak, MI.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Powerley Private Equity-Backed Royal Oak, MI
PXiSE Energy Solutions Corporate Backed or Acquired San Diego, CA
Enel X Italia Formerly VC-backed Andover, MA
GridPoint Private Equity-Backed Reston, VA
Rodan Energy Solutions Accelerator/Incubator Backed Mississauga, Canada
You’re viewing 5 of 27 competitors. Get the full list »

Comverge Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Comverge Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Comverge Investments & Acquisitions (4)

Comverge’s most recent deal was a Buyout/LBO with CPower. The deal was made on 01-Oct-2014.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
CPower 01-Oct-2014 Buyout/LBO Energy Marketing
Public Energy Solutions 01-Oct-2007 Merger/Acquisition Other Energy Services
Enerwise Global Technologies 23-Jul-2007 Merger/Acquisition Systems and Information Management
Scientific Atlanta (Control Systems Division) Merger/Acquisition Other Communications and Networking
To view Comverge’s complete investments and acquisitions history, request access »

Comverge Exits (1)

Comverge’s most recent exit was on 01-Oct-2014 from CPower. The exit was categorized as with 3 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
CPower 01-Oct-2014 Completed
  • 3 buyers
To view Comverge’s complete exits history, request access »

Comverge Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Comverge Giants East Hanover, NJ 2007

Comverge FAQs

  • When was Comverge founded?

    Comverge was founded in 1980.

  • Where is Comverge headquartered?

    Comverge is headquartered in Norcross, GA.

  • What is the size of Comverge?

    Comverge has 520 total employees.

  • What industry is Comverge in?

    Comverge’s primary industry is Application Software.

  • Is Comverge a private or public company?

    Comverge is a Private company.

  • What is the current valuation of Comverge?

    The current valuation of Comverge is .

  • What is Comverge’s current revenue?

    The current revenue for Comverge is .

  • How much funding has Comverge raised over time?

    Comverge has raised $218M.

  • Who are Comverge’s investors?

    Barings BDC, Data Systems & Software, E.ON Venture Partners, Easton Capital Investment Group, and Element Partners are 5 of 15 investors who have invested in Comverge.

  • Who are Comverge’s competitors?

    Powerley, PXiSE Energy Solutions, Enel X Italia, GridPoint, and Rodan Energy Solutions are some of the 27 competitors of Comverge.

  • When was Comverge acquired?

    Comverge was acquired on 01-Jun-2017.

  • Who acquired Comverge?

    Comverge was acquired by Itron.

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