Blue Ridge Electric Cooperative

Energy & Utilities · Power Grid

Overview

Blue Ridge Electric Cooperative was organized on August 14, 1940. Since that time, what started with 1,680 members has grown to serve more than 70,000 customers in five counties over more than 7,100 miles of power lines.

Funding and backers

Total raised
$80k
1 round on record
Latest round
$80k
Venture round · Sep 2024 · 2 yr ago
The money's age
Long since its last round
25 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Sep 24, 2024 Raised a round Venture round $80k · Greenville Journal
Funding rounds
RoundDateAmountInvestorsSource
Venture round Sep 2024 $80k — Greenville Journal
Investors in similar startupsfunds that back the companies most like this one
Similar startupsby what they do, their industry and backers
AssetCoolSeries A $12.7M · 16 mo ago · 11-50 employees
AssetCool develops power line robotics and advanced conductor coatings that help utilities increase grid capacity and upgrade overhead…
VEIRSeries B $75M · 21 mo ago · Founded 2019 · 201-500 employees · 10 roles
Discover VEIR's cutting-edge technology for superconducting power lines that offer 5-10x greater transfer capacity and 90% less resistive…
Giga EnergyFounded 2019 · 51-200 employees
Giga Energy is a Houston-based energy infrastructure company that began by turning stranded and flared natural gas into electricity for…
OverstorySeries B $43M · 11 mo ago · Founded 2018 · 51-200 employees
Overstory is a geospatial AI company that analyses satellite imagery to monitor vegetation near power lines for electric utilities. Founded…
Reservoir PowerVenture round $4.1M · 10 mo ago · Founded 2025 · 11-50 employees
Our Story Since 2012 our founding team has combined a nuanced understanding of energy market opportunity with focused execution to generate…
PowerGEMVenture round · 5 mo ago
PowerGEM provides state-of-the-art power system simulation software and services to ensure power grid reliability and optimize market…

Financials

Total raised
$80k
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
Round Announced Amount
Venture - Series Unknown 2024 $80k Details

News

News yourpickenscounty.com 1 year ago
Blue Ridge Electric celebrates 85 years serving Pickens County
PICKENS - Today, Blue Ridge Electric Cooperative celebrates 85 years of powering rural communities through quality service and reliability. Over the next year, the co-op will reinvest in our local community by supporting public school teachers and launchi
Read more
Report
News 94.1 - The Lake / WSNW 2 years ago
Duke Energy and Blue Ridge Electric Announce Rate Changes and Savings Opportunities
Starting today, Duke Energy customers in South Carolina will see an average 12.7% rate reduction, an annual adjustment that offsets a recent base rate increase approved by the state's Public Service Commission. Meanwhile, Blue Ridge Electric Cooperative h
Read more
Report