When was PJM founded?

PJM was founded in 1994 and raised its 1st funding round 16 years after it was founded.

Where is PJM located?

PJM is headquartered in United States. It is registered at 12, Vestermarksvej, Vejen, 6600.

How many employees does PJM have?

As of Sep 30, 2026, the latest employee count at PJM is 1172.

Is PJM a funded company?

PJM is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Apr 20, 2010.

When was the latest funding round of PJM?

PJM's latest funding was a $***** Grant (prize money) round on Sep 23, 2012, with participation from 1 investor.

Where does PJM rank among its competitors?

PJM ranks 2nd amongst 87 active competitors, only 1 of which is funded. Southern, which secured $26.3M in Sep, 2025.

Who are the top competitors of PJM?

PJM's top competitors include Southern, Rajesh Power Services and Trianel. Among them, Southern secured the most recent funding round in September, 2025.

PJM - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Website: www.pjm.com/
Social
Registered Address: 12, Vestermarksvej, Vejen, 6600

Key Metrics

Founded Year

1994

Location

United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Sep 23, 2012, $*****

Investors

OSTI

Ranked

2^nd among 87 active competitors

Employee Count

1,172 as on Sep 30, 2026

Similar Companies

Southern & 87 more

View PJM's full profile

PJM is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
JM REIT ApS CIN: 21462071 , Denmark, Active	Jan 28, 1999	-	1 (As on Nov 30, 2023)
P.J Holding ApS CIN: 35871632 , Denmark, Active	Nov 09, 2014	-	-
PJM Management Invest ApS CIN: 42244724 , Denmark, Active	Mar 22, 2021	-	-
PJ HOLDING ApS CIN: 28715137 , Denmark, Active	May 29, 2005	-	-

PJM has raised funding over 3 rounds. Its first funding round was on Apr 20, 2010. Its latest funding round was a Grant (prize money) round on Sep 23, 2012 for $*****. 1 investor participated in its latest round. PJM has 1 institutional investor.

Here is the list of recent funding rounds of PJM:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 23, 2012	7900822	Grant (prize money)	2115017	5339053	2780468	7643862
Jul 16, 2010	8416259	Grant (prize money)	7951819	4992999	8598382	OSTI
Apr 20, 2010	8258203	Grant (prize money)	9551682	4131829	9344029	OSTI

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View details of PJM's funding rounds and investors

PJM's employee count trend

PJM has 1,172 employees as of Sep 26. Here is PJM's employee count trend over the years:

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Top competitors of PJM include Southern, Rajesh Power Services and Trianel. Here is the list of Top 10 competitors of PJM, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Southern 1912, Atlanta (United States), Public	Provider of energy utility, natural gas, and communications technology fund	-	DOE, Alliance Holdings & 2 others	69/100
2nd	PJM 1994, United States, Funding Raised	PJM Website	-	OSTI	57/100
3rd	Rajesh Power Services 1971, Ahmedabad (India), Public	Provider of engineering and contracting services for power transmission and distribution infrastructure	-	-	55/100
4th	Trianel 1999, Germany, Acquired	Provider of portfolio management, energy procurement, and renewable energy integration	-	Europa, Regio Energie	51/100
5th	RheinEnergie AG 2002, Cologne (Germany), Funding Raised	Distributor of gas and electricity	-	BAFA, Europa	50/100
6th	Util-Assist 2005, Newmarket (Canada), Unfunded	Consulting services provider to electric, water, and gas utilities, offering strategy, procurement, and managed operations expertise	-	-	39/100
7th	FCS Group 1988, Redmond (United States), Unfunded	Firm that provides financial and economic consulting solutions to public sector clients	-	-	36/100
8th	Middle Tennessee Electric 1936, Murfreesboro (United States), Unfunded	Utility company providing electric services to its customers	-	-	36/100
9th	Roadnight Taylor Burford (United Kingdom), Unfunded	Provider of specialist consultancy for electrical grid connection projects	-	-	35/100
10th	Elink Software Technologies 2008, Mumbai (India), Unfunded	Software development company offering utility solutions, including water distribution management software, and providing services in automation, networking, and digital transformation	-	-	35/100