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Alectra
AddedFeb 15, 2024
UpdatedJun 28, 2026
Alectra

Alectra

Public

Alectra: A unified, innovative energy company based in Ontario, driving change in the electricity sector.

HQ
Mississauga, Ontario, CA
Founded
2017
Overview
Compare
Fundraising
Employees
Website

Alectra was founded through the merger of five innovative electricity distributors in Ontario, Canada, with a mission to be a trusted ally in the evolving energy sector. The company focuses on providing reliable and cost-effective electricity services while driving advancements in energy technology and sustainability. Alectra offers a range of services including online customer portals, paperless billing, and various payment options, catering primarily to residential and commercial customers in the Ontario region.

Notable figures associated with Alectra include its leadership team, which comprises experienced professionals from the legacy companies. The company has achieved significant milestones such as the successful integration of its founding entities and the launch of customer-centric platforms like My Alectra. Alectra's impact is evident in its commitment to innovation and customer service, positioning it as a key player in Ontario’s energy landscape.

Alectra - Similar Companies

Edison International logo

Edison International

edison.com

Powershop logo

Powershop

E.ON logo

E.ON

Origin Energy logo

Origin Energy

CenterPoint Energy logo

CenterPoint Energy

Altus Power logo

Altus Power

altuspower.com

Minnesota Power logo

Minnesota Power

mnpower.com

FirstEnergy logo

FirstEnergy

Alabama Power logo

Alabama Power

alabamapower.com

My Utilities logo

My Utilities

myutilities.com

Greenlight Energy logo

Greenlight Energy

Consumers Energy logo

Consumers Energy

American Electric Power logo

American Electric Power

aep.com

Centrica logo

Centrica

centrica.com

Exelon logo

Exelon

Alectra - Quick Facts

Who are Alectra's competitors?

Companies similar to Alectra include Edison International, Powershop, E.ON and Origin Energy.

When was Alectra founded?

Alectra was founded in 2017.

Where is Alectra's headquarters located?

Alectra's headquarters is located in Mississauga, Ontario, CA.

When was Alectra's last funding round?

Alectra's most recent funding round was for $250M (USD) in November 2022.

How much has Alectra raised to-date?

As of Nov 14, 2022, Alectra has raised a total of $250M (USD).

How many employees does Alectra have?

Alectra has 1,157 employees as of Feb 4, 2024.

Alectra - Classification

Ownership
  • Public
Technology
  • Data
Geographic Exposure
  • Canada
Model
  • Platform
Revenue
  • Recurring
  • Transactional
Customer
  • Consumers
  • Enterprise
Main Product
  • Electricity
  • Energy
Tags
  • Cloud
  • SaaS
  • Utility
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221111Hydroelectric Power Generation
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 7 more industry codes
NAICS
  • 221200Natural Gas Distribution
  • 221210Natural Gas Distribution
SIC
  • 1300Oil And Gas Extraction
  • 1310Crude Petroleum And Natural Gas
  • 1311Crude Petroleum And Natural Gas
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services