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VELCO - Vermont Electric Power Company

VELCO - Vermont Electric Power Company Revenue

UtilitiesFlag of USRutland, Vermont, United States201-500 Employees

$

VELCO - Vermont Electric Power Company revenue & valuation

Annual revenue$1,716,507
Revenue per employee$9,000
Estimated valuation?$5,500,000
Total funding$211,000,000

Key Contact at VELCO - Vermont Electric Power Company

Flag of US

Thomas Dunn

President and Chief Executive Officer

Company overview

HeadquartersRutland, Vermont, United States
Phone number+18027739161
Website
NAICS22
SIC491
Keywords
Telecommunications, Land Stewardship, Grid Reliability, Electric Transmission Planning
Founded1956
Employees201-500
Socials

VELCO - Vermont Electric Power Company Email Formats

VELCO - Vermont Electric Power Company uses 2 email formats. The most common is {first initial}{last name} (e.g., jdoe@velco.com), used 55.1% of the time.

FormatExamplePercentage
{first initial}{last name}
jdoe@velco.com
55.1%
{first name}{last name}
johndoe@velco.com
44.9%

About VELCO - Vermont Electric Power Company

VELCO is Vermont’s statewide electric transmission provider whose sights are set on creating a sustainable Vermont through our people, assets, relationships and operating model. Formed in 1956 when local Vermont utilities established the nation’s first “transmission only” company to access clean hydro power from New York, VELCO remains unique in two important ways: 1. Our ownership comprises the state’s 17 distribution utilities and a public benefits corporation; and, 2. our for-profit status is structured to return cooperative-like value to our owners, their customers, and every Vermonter. VELCO’s system now includes: 740 miles of transmission lines; 55 substations, switching stations and terminal facilities; 13,000 acres of rights-of-way; a statewide emergency service radio system; and, a 1,600-mile fiber optic network that monitors and controls the electric system and helps to deliver broadband services to Vermonters. Headquartered in Rutland, Vermont, VELCO employees strive to give Vermont’s utilities and their customers a reliable high-voltage grid, a strong unified voice on regional energy issues, and continued access to safe, reliable, cost-effective electricity.

Employees by Management Level

Total employees: 201-500

Seniority

Employees

Entry
Manager
Director

Employees by Department

VELCO - Vermont Electric Power Company has 103 employees across 12 departments.

Departments

Number of employees

Funding Data

Explore VELCO - Vermont Electric Power Company's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2024-01-111$30,000,000
2024-08-099$1,000,000
2024-01-1115$30,000,000
2025-01-2315$150,000,000

Funding Insights

$211,000,000

Total funding amount

$150,000,000

Most recent funding amount

4

Number of funding rounds

VELCO - Vermont Electric Power Company Tech Stack

Discover the technologies and tools that power VELCO - Vermont Electric Power Company's digital infrastructure, from frameworks to analytics platforms.

reCAPTCHA

reCAPTCHA

Security

MariaDB

MariaDB

Databases

jQuery

jQuery

JavaScript libraries

Google Tag Manager

Google Tag Manager

Tag managers

BugHerd

BugHerd

Issue trackers

Apple iCloud Mail

Apple iCloud Mail

Webmail

Nginx

Nginx

Reverse proxies

Fastly

Fastly

CDN

PHP

PHP

Programming languages

Open Graph

Open Graph

Miscellaneous

Pantheon

Pantheon

PaaS

HSTS

HSTS

Security

Frequently asked questions

VELCO - Vermont Electric Power Company is located in Rutland, Vermont, US.
You can reach VELCO - Vermont Electric Power Company at +18027739161.
VELCO - Vermont Electric Power Company generates an estimated annual revenue of $1,716,507. This revenue figure reflects the company's market position and business performance in its industry.
VELCO - Vermont Electric Power Company has an estimated valuation of $5,500,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
VELCO - Vermont Electric Power Company was founded in 1956, making it 70 years old. The company has established itself as a significant player in its industry over this time.
VELCO - Vermont Electric Power Company has approximately 201-500 employees. The company continues to grow its workforce to support its business operations and expansion.
VELCO - Vermont Electric Power Company has raised a total of $211,000,000 across 4 funding rounds. This investment has helped the company grow and expand its operations.

4.8

40,000 users

top 50
high performer
most used
tier 1 accuracy

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