When was PowerSecure founded?

PowerSecure was founded in 1991 and raised its 1st funding round 22 years after it was founded.

Where is PowerSecure located?

PowerSecure is headquartered in Wake Forest, United States. It is registered at Wake Forest, North Carolina.

How many employees does PowerSecure have?

As of Jun 30, 2026, the latest employee count at PowerSecure is 863.

Is PowerSecure a funded company?

PowerSecure is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Jun 20, 2013.

How much is PowerSecure worth?

The last known valuation of PowerSecure was $***** as of Feb 24, 2016.

When was the latest funding round of PowerSecure?

PowerSecure's latest funding was a $***** Grant (prize money) round on Sep 10, 2015, with participation from 0 investor.

What is the annual revenue of PowerSecure?

Annual revenue of PowerSecure is between $100M and $500M as on Dec 31, 2015

Where does PowerSecure rank among its competitors?

PowerSecure ranks 8th amongst 1265 active competitors, of which 211 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of PowerSecure?

PowerSecure's top competitors include Landis+Gyr, Sense and Metronome. Among them, Sense secured the most recent funding round in January, 2026.

PowerSecure - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is PowerSecure an acquired company?

PowerSecure got acquired by Southern on Feb 24, 2016.

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

Grant (prize money), Sep 10, 2015, $*****

Last Known Valuation

$***** as on Feb 24, 2016

Investors

Glen Capital & 2 more

Ranked

8^th among 1265 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2015

Employee Count

863 as on Jun 30, 2026

Investment & Acquisitions

Power Pro-Tech

Similar Companies

Landis+Gyr & 5894 more

Exit Details

Acquired by Southern (Feb 24, 2016)

View PowerSecure's full profile

PowerSecure is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
POWERSECURE, INC. AND SUBSIDIARIES CIN: 841557738 , United States, Active	Dec 31, 1999	-	848 (As on Dec 31, 2024)	-
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 got acquired by Southern on Feb 24, 2016 at an acquisition amount of $*****.

Click here to take a look at PowerSecure's acquisition in detail

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	3300001	Grant (prize money)	1416578	6483244	6829300	8648736
Jun 20, 2013	7337399	Conventional Debt	3412753	2307764	3052305	Citi & 1 more

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View details of PowerSecure's funding rounds and investors

PowerSecure's employee count trend

PowerSecure has 863 employees as of Jun 26. Here is PowerSecure's employee count trend over the years:

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Top competitors of PowerSecure include Landis+Gyr, Sense and Metronome. Here is the list of Top 10 competitors of PowerSecure, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Landis+Gyr 1896, Cham (Switzerland), Acquired	Manufacturer of electric meters and grid edge data management software	$1.03B	Triodos Investment Management, Hudson Clean Energy Partners ... & 3 others	77/100
2nd	Sense 2013, Cambridge (United States), Series D	Smart energy platform providing real-time electricity usage insights for homes and utilities	$177M	IDO Investments, Shell Ventures & 21 others	76/100
3rd	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, Andreessen Horowitz ... & 17 others	73/100
4th	SPAN 2014, San Francisco (United States), Series C	Smart energy management technology platform that modernizes residential electrical systems	$419M	Wellington, Fifth Wall & 33 others	72/100
5th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Venrock, Oak Investment Partners & 18 others	70/100
6th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	70/100
7th	Bidgely 2011, Mountain View (United States), Series C	Provider of a solution for consumers to monitor and manage their household energy use	$87.7M	Khosla Ventures, Georgian & 11 others	69/100
8th	PowerSecure 1991, Wake Forest (United States), Acquired	Energy efficiency and smart grid management solutions	-	Glen Capital, Citi & 1 others	69/100
9th	Deako 2015, Seattle (United States), Series B	Manufacturer of modular smart lighting systems and related accessories	$65.1M	Kinetic Ventures, Y Combinator & 10 others	67/100
10th	GridX 2010, Walnut Creek (United States), Series C	Cloud-based platform offering meter billing solutions	$68.2M	Energy Impact Partners, innogy Innovation Hub ... & 4 others	66/100