When was Meralco founded?

Meralco was founded in 1903 and raised its 1st funding round 123 years after it was founded.

Where is Meralco located?

Meralco is headquartered in Pasig, Philippines.

How many employees does Meralco have?

As of Jun 30, 2026, the latest employee count at Meralco is 5008.

Is Meralco a funded company?

Meralco is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Feb 17, 2026.

When was the latest funding round of Meralco?

Meralco's latest funding was a $***** Grant (prize money) round on Feb 17, 2026, with participation from 1 investor.

Where does Meralco rank among its competitors?

Meralco ranks 51st amongst 2004 active competitors, of which 73 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Meralco, which secured $2.7M in Feb, 2026.

Who are the top competitors of Meralco?

Meralco's top competitors include Iberdrola, Saudi Electricity and Enel. Among them, Meralco secured the most recent funding round in February, 2026.

Meralco - 2026 Company Profile, Funding & Competitors

Meralco is a public company based in Pasig (Philippines), founded in 1903. It operates as a Provider of power distribution services. Meralco has raised an undisclosed amount in funding. The company has 2004 active competitors, including 73 funded and 539 that have exited. Its top competitors include companies like Iberdrola, Saudi Electricity and Enel.

Company Details

Website: www.meralco.com.ph
Social
Email ID: *****@meralco.com.ph

Key Metrics

Founded Year

1903

Location

Pasig, Philippines

Stage

Public

Latest Funding Round

Grant (prize money), Feb 17, 2026, $*****

Investors

USTDA & 1 more

Ranked

51^st among 2004 active competitors

Employee Count

5,008 as on Jun 30, 2026

Investment & Acquisitions

SP New Energy

Similar Companies

Iberdrola & 957 more

Exit Details

Public

View Meralco's full profile

Meralco got listed on Jan 08, 1992.

Click here to take a look at Meralco's IPO in detail

Meralco has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Feb 17, 2026 for $*****. 1 investor participated in its latest round. Meralco has 2 institutional investors.

Here is the list of recent funding rounds of Meralco:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 17, 2026	7034019	Grant (prize money)	9238679	7605154	6766378	9603251

Access funding benchmarks and valuations. Sign up today!

View details of Meralco's funding rounds and investors

Meralco's employee count trend

Meralco has 5,008 employees as of Jun 26. Here is Meralco's employee count trend over the years:

Uncover Meralco's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Meralco include Iberdrola, Saudi Electricity and Enel. Here is the list of Top 10 competitors of Meralco, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Iberdrola 1992, Bilbao (Spain), Public	Provider of integrated solutions and services for energy generation and sustainable development.	-	Qatar Investment Authority, PGGM & 3 others	76/100
2nd	Saudi Electricity 2000, Riyadh (Saudi Arabia), Public	Electric power generator and distributor	-	Citi, MUFG Bank & 9 others	73/100
3rd	Enel 1996, Rome (Italy), Public	Manufacturer and distributor of electricity and gas	-	B Capital Fund, Itau BBA & 6 others	72/100
4th	Vattenfall 1909, Stockholm (Sweden), Funding Raised	Producer of heat and power generating services	-	Taaleri, Societe Generale & 6 others	71/100
5th	Fortum 1998, Espoo (Finland), Public	Provider of clean energy solutions	-	Taaleri, Finnfund & 3 others	70/100
6th	PLN 1945, Jakarta (Indonesia), Funding Raised	Operator of electricity utilites	-	DBS Bank, Mizuho Financial Group & 17 others	70/100
7th	Origin Energy 2000, Sydney (Australia), Public	Energy corporation	-	CVC, Greyrock Investments & 3 others	69/100
8th	Copel 1954, Curitiba (Brazil), Public	Power generation, transmission, and distribution company	-	-	69/100
9th	FirstEnergy Corp 1997, Akron (United States), Public	Provider of electricity production and distribution services	-	Elliott Management, GIC & 4 others	69/100
10th	Georgia Power 1883, Atlanta (United States), Public	Electric utility company	-	DOE, United States Department of Agriculture	68/100
51st	Meralco 1903, Pasig (Philippines), Public	Provider of power distribution services	-	USTDA, San Miguel Corporation	59/100