PowerSecure - About the company
PowerSecure is an acquired company based in Wake Forest (United States), founded in 1991. It operates as an Energy efficiency and smart grid management solutions. PowerSecure has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 1290 active competitors, including 202 funded and 186 that have exited. Its top competitors include companies like SPAN, Landis+Gyr and Bidgely.
Company Details
Energy efficiency and smart grid management solutions to electric utilities, and institutional and commercial customers. It provides products and services in the areas of Interactive Distributed Generation(IDG), energy efficiency, utility infrastructure, and solar energy. Its products and services are in the areas of energy efficiency, interactive distributed generation, and utility Infrastructure solutions. The company's energy-efficiency products and services include energy-efficient lighting solutions that utilize LED technologies to manage lighting quality and the design, installation, and maintenance of energy conservation.
- Website
- powersecure.com
- Registered Address
- Wake Forest, North Carolina
Key Metrics
Founded Year
1991
Location
Wake Forest, United States
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Feb 24, 2016
Investors
Ranked
11th among 1290 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2015
Employee Count
876 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Southern (Feb 24, 2016)
Legal entities associated with PowerSecure
PowerSecure is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
POWERSECURE INTERNATIONAL, INC. CIN: 882154 , United States, Active | Aug 06, 2007 | $100M - $500M (As on Dec 31, 2015) | 904 (As on Dec 31, 2015) | - |
POWERSECURE, INC. AND SUBSIDIARIES CIN: 841557738 , United States, Active | Dec 31, 1999 | - | 848 (As on Dec 31, 2024) | - |
PowerSecure's acquisition details
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PowerSecure's funding and investors
PowerSecure has raised funding over 2 rounds. Its first funding round was on Jun 20, 2013. PowerSecure has 3 institutional investors.
Here is the list of recent funding rounds of PowerSecure:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 10, 2015 | 5623240 | Grant (prize money) | 8191870 | 7773580 | 4933087 | 9358130 |
Jun 20, 2013 | 1378791 | Conventional Debt | 6608124 | 3919768 | 3565980 |
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PowerSecure's founders and board of directors
Founder? Claim ProfilePowerSecure's employee count trend
PowerSecure has 876 employees as of Sep 26. Here is PowerSecure's employee count trend over the years:
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PowerSecure's Competitors and alternates
Top competitors of PowerSecure include SPAN, Landis+Gyr and Bidgely. Here is the list of Top 10 competitors of PowerSecure, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 74/100 | |
2nd | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 73/100 | |
3rd |  Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 71/100 | |
4th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 69/100 | |
5th | Deako 2015, Seattle (United States), Series B | Manufacturer of modular smart lighting systems and related accessories | $65.1M | 69/100 | |
6th |  Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 69/100 | |
7th |  Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 68/100 | |
8th | Uplight 2019, Boulder (United States), Acquired | AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings | $30M | 67/100 | |
9th | Tantalus 1989, Raleigh (United States), Public | Communication technology provider for smart grids | $58.7M | 67/100 | |
10th |  Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 66/100 | |
11th | PowerSecure 1991, Wake Forest (United States), Acquired | Energy efficiency and smart grid management solutions | - | 65/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on PowerSecure's competitors? Click here to see the top ones
PowerSecure's Investments and acquisitions
PowerSecure has acquired 2 companies including Power Pro-Tech and Solais Lighting. PowerSecure has not made any investments as of now.Reports related to PowerSecure
Here is the latest report on PowerSecure's sector:
News related to PowerSecure
Filter this listMedia has covered PowerSecure for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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PowerSecure to deliver advanced energy storage and solar for PRECorp, strengthening rural grid resiliencyPR Newswire•Apr 17, 2026•PowerSecure, Powder River Energy
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DG Matrix Announces Strategic Collaboration with PowerSecure to Accelerate Next-generation Energy InfrastructureBusiness Wire•Jan 20, 2026•DG Matrix, PowerSecure
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PowerSecure Partners with Edged to Advance Sustainable Data Centers Across the NationMiningstockeducation•Jun 05, 2025•Edged, PowerSecure
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PowerSecure powers Edged Energy’s new sustainable data center in AtlantaMiningstockeducation•Jan 13, 2025•PowerSecure, Edged
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Powersecure Announces 100% Renewable Fuel Initiative For Durham Campus MicrogridMiningstockeducation•Aug 29, 2024•PowerSecure
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Southern Company's Powersecure Microgrids Are Renewable Fuel-readyMetro Atlanta CEO•Sep 01, 2021•PowerSecure
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Dat Tran Named President of Southern Company Subsidiary PowerSecureMetro Atlanta CEO•Aug 18, 2021•PowerSecure, Southern Company Gas
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PowerSecure and Endeavour Collaborate on Energy Router for EV FleetsSolar Industry•Aug 17, 2021•PowerSecure, Gridblock
•
PowerSecure Microgrids Delivered Impressive Resiliency in Reliability Performance in 2020PR Newswire•Dec 16, 2020•PowerSecure
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