When was Summit Energy founded?

Summit Energy was founded in 1991 and raised its 1st funding round 16 years after it was founded.

Where is Summit Energy located?

Summit Energy is headquartered in Louisville, United States.

How many employees does Summit Energy have?

As of Mar 31, 2026, the latest employee count at Summit Energy is 169.

Is Summit Energy a funded company?

Summit Energy is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on 2007.

When was the latest funding round of Summit Energy?

Summit Energy's latest funding was a $***** PE round on Sep 11, 2007, with participation from 1 investor.

Where does Summit Energy rank among its competitors?

Summit Energy ranks 277th amongst 3367 active competitors, of which 40 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was ITT, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Summit Energy?

Summit Energy's top competitors include Emerson, Honeywell and Rockwell Automation. Among them, ITT secured the most recent funding round in February, 2026.

Summit Energy - 2026 Company Profile, Funding & Competitors

Company Details

Website: summitenergy.com
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Key Metrics

Founded Year

1991

Location

Louisville, United States

Stage

Acquired

Latest Funding Round

PE, Sep 11, 2007, $*****

Investors

Weston Presidio & 1 more

Ranked

277^th among 3367 active competitors

Employee Count

169 as on Mar 31, 2026

Similar Companies

Emerson & 3441 more

Exit Details

Acquired by Schneider Electric (Mar 24, 2011)

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Summit Energy got acquired by Schneider Electric on Mar 24, 2011.

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Summit Energy has raised funding over 2 rounds. Its first funding round was on 2007. Its latest funding round was a PE round on Sep 11, 2007 for $*****. 1 investor participated in its latest round. Summit Energy has 2 institutional investors.

Here is the list of recent funding rounds of Summit Energy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 11, 2007	5907927	PE	9197008	9001691	4064996	2094408
2007	3961	PE	5464	1035	7600	PWP Growth Equity

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View details of Summit Energy's funding rounds and investors

Summit Energy's employee count trend

Summit Energy has 169 employees as of Mar 26. Here is Summit Energy's employee count trend over the years:

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Top competitors of Summit Energy include Emerson, Honeywell and Rockwell Automation. Here is the list of Top 10 competitors of Summit Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Emerson 1890, St. Louis (United States), Acquired	Provider of integrated control and monitoring systems	-	Seaside Private Capital, Acorn Ventures & 6 others	82/100
2nd	Honeywell 1885, Charlotte (United States), Public	Manufacturer and supplier of diversified consumer electronics and industrial automation equipments	$1.13M	ngn-capital.com, Analah Ventures & 10 others	78/100
3rd	Rockwell Automation 1903, Milwaukee (United States), Public	Provider of Industrial automation and information systems	-	IoT Evolution, OnRamp Insurance Conference	76/100
4th	ABB 1988, Zurich (Switzerland), Public	Company specializing in electrical engineering and automation technologies	-	ngn-capital.com, Investor & 13 others	76/100
5th	CG Power & Industrial Solutions 1937, Mumbai (India), Acquired	Manufacturer of Industrial and Consumer Electric Equipment	-	L & T Finance Holdings, Life Insurance Corporation of India ... & 5 others	74/100
6th	Schneider Electric 1836, Rueil malmaison (France), Public	Provider of energy management and automation services	-	ngn-capital.com, Temasek & 8 others	73/100
7th	ITT 1920, White Plains (United States), Public	Manufacturer of engineered components for industries	-	RWA Wealth Partners, AssetMark & 3 others	71/100
8th	Parker 1917, Cleveland (United States), Public	Distributor of motion & control technologies	-	Huntington Ventures, Military Health & 3 others	71/100
9th	Danfoss 1933, Nordborg (Denmark), Acquired	Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy	$41.2M	Emerald Technology Ventures, LahiTapiola & 7 others	69/100
10th	Mitsubishielectric 1921, Germany, Public	Manufacturer of diverse electrical and electronic products, systems, and solutions	-	Gov.cz, Europa & 1 others	68/100
277th	Summit Energy 1991, Louisville (United States), Acquired	Developer of electricity transmission based utility projects	-	Weston Presidio, PWP Growth Equity	31/100