Utility Rescue Holdings, Inc.
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Utility Rescue Holdings, Inc. - overview
Established
2022
Location
Houston, TX, US
Primary Industry
Consumer Services
About
Based in Texas, US, and founded in 2022, Utility Rescue Holdings, Inc. offers services that simplify utility expenses. In April 2023, Gainline Capital Partners acquired a majority stake in Flagship Power from Utility Rescue Holdings, Inc. for an undisclosed sum.
In February 2025, Utility Rescue Holdings, Inc. raised undisclosed amount in series C funding led by Ticker Tape Investments. Other unspecified investors also participated in the round. Utility Rescue Holdings, Inc.
offers bill reduction and audit services for telecommunications, energy, and waste management. They analyze bills for discrepancies, negotiate better rates, and offer energy switching services across 15 states. Their services also include energy efficiency assessments and tax savings programs, catering to small to medium enterprises and residential customers nationwide. Utility Rescue Holdings, Inc.
generates revenue through service fees and commissions related to its cost-saving initiatives. Utility Rescue Holdings, Inc. plans to introduce new products aimed at enhancing energy savings and efficiency, with potential releases in 2024. The company is targeting expansion into additional markets, including California and New York, by mid-2025, utilizing recent funding to bolster these initiatives.
The company will utilize the February 2025 funding to improve its technology infrastructure and broaden its service offerings in order to build on its present success and expedite its operational expansion.
Primary Industry
Consumer Services
Sub Industries
Business Support Services, Consumer Services
Website
www.utilityrescue.com/
Company Stage
Series C
Total Amount Raised
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Utility Rescue Holdings, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Flagship Power | - |
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Utility Rescue Holdings, Inc. - employee data
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