The 12 closest competitors and alternatives to Velco among energy companies — ranked by similarity to what Velco actually does, not by market-cap band.
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Vermont Electric Power Company (VELCO) operates as Vermont's electric grid operator, managing the transmission of electric power throughout the state and within the integrated New England regional network. The company collaborates with local distribution utilities to maintain power system reliability and plan for future energy needs.
Velco is an energy company headquartered in United States. It has raised at least $8.1M across the 2 funding rounds on record. Its most recent funding round, Venture Round, raised $2.2M in December 2023. Xcout tracks 20 named people at Velco, including Thomas Dunn (President & Chief Executive Officer). Xcout recorded 8 job postings from Velco in the last 90 days, naming tools such as Workday.
14 more named people on record for Velco, with roles, board committees and tenure — see the full roster →
At least $8.1M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Venture Round | $2.2M | 6 named | |
| Series A | $5.9M | 7 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Xcout recorded 8 job postings from Velco in the last 90 days, from a hiring record Xcout has kept since August 2026.
The weekly hiring trend, the roles and locations behind it — see Velco's hiring signals →
Ranked by semantic similarity — how close each company is to Velco by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Energy distribution
Vattenfall Eldistribution AB is a Swedish utility company responsible for distributing electricity to over 900,000 customers through its power grid.
Similar energy company
The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas' electrical grid, the Texas Interconnection, which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. ERCOT is the first independent system operator (ISO) in the United States. ERCOT works with the Texas Reliability Entity (TRE), one of six regional entities within the North American Electric Reliability Corporation (NERC) that coordinate to improve reliability of the bulk power grid.
Similar energy company
The National Energy System Operator (NESO) is an independent public corporation headquartered in Warwick, Warwickshire, responsible for operating Great Britain's energy system and moving power.
Similar energy company
VERBUND AG is an energy firm specializing in the generation and supply of electrical power. Based in Vienna, Austria, it maintains a workforce of 2,762 dedicated full-time staff. The corporation organizes its operations into several distinct divisions: Renewable Generation, Sales, Grid, and various other business areas. Utilizing its network of subsidiaries and collaborative ventures, the company manages the entire energy value chain, encompassing power generation, transmission, and global sales and marketing efforts. Within its Renewable Generation division, VERBUND primarily harnesses hydroelectric and wind power technologies. The Sales segment consolidates all of the company's commercial trading and distribution endeavors. Austrian Power Grid AG (APG) operates as the company's autonomous subsidiary responsible for grid operations, managing Austria's national electricity transmission infrastructure. The "All other segments" category comprises activities such as energy services, thermal power generation, various other services, and equity investments.
Similar energy company
Toronto Hydro is an electricity distribution company that provides power, billing services, and electrical safety resources to residential, commercial, and contractor customers in Toronto. The company manages local power grids, tracks outages, and offers energy-saving programs and sustainability initiatives.
Similar energy company
Israel Electric Corporation (IEC) is Israel’s state-owned electricity utility, responsible for generating, transmitting, distributing, and supplying much of the country’s electricity. It serves residential, commercial, and industrial customers throughout Israel and operates the national electricity grid.
Similar energy company
Power Grid Corporation of India Limited (POWERGRID) is a government-owned transmission utility that develops, owns, operates, and maintains India’s high-voltage electricity transmission network. It serves electricity generators, distribution utilities, state and regional transmission systems, and ultimately power consumers by enabling bulk power transfer across the country.
Similar energy company
SA Power Networks distributes electricity to residential, commercial, and industrial customers across South Australia. The company manages power lines, electricity meters, new connections, and network maintenance while providing outage tracking and electrical safety information.
Similar energy company
AltaLink is a regulated electricity transmission provider that builds, maintains, and operates transmission lines and substations. The company delivers power to millions of residents and communities across Alberta, Canada.
Similar energy company
Transelectrica acts as the national transmission and system operator for electricity in Romania. It manages, operates, and develops the country's electricity transmission grid and ensures the operational management of the National Power System.
Similar energy company
Energisa Transmissão de Energia S.A. is part of Brazil’s Energisa group and operates electricity-transmission infrastructure under regulated concessions. Its transmission lines and substations support the interconnected power system, serving the electricity sector rather than retail consumers directly.
Energy Transmission
Neoenergia operates in the electric power sector, engaging in the generation, transmission, distribution, and commercialization of energy. The company provides electricity services and sustainable energy solutions to residential, commercial, and industrial customers.
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