# Albeo Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/albeo-technologies

- Industry: Electronics
- Headquarters: Boulder, US
- Website: www.albeotech.com
- Total disclosed funding: $9.5M
- Latest round: Series C (Mar 20, 2012)
- Investors on record: 2

## About

Albeo Technologies specializes in developing high-performance LED commercial lighting solutions, offering innovative products that enhance energy efficiency and operational functionality across various sectors.Albeo Technologies provides advanced lighting solutions focusing on energy efficiency. Established in Boulder, US, the company was acquired by General Electric in November 2012. The founder’s previous history or other ventures is not publicly detailed. Albeo has raised USD 8.00 mn in total funding through one Series C round led by Braemar Energy Ventures, with the latest funding round concluding on November 26, 2012.Albeo Technologies offers a comprehensive array of LED commercial lighting solutions and advanced lighting controls. Their core products include indoor and outdoor lighting systems designed to enhance energy efficiency and operational effectiveness across sectors such as retail, transportation, education, and hospitality. Noteworthy products include the SpectraChoice, LumenChoice, and Tetra Snap Modules, which allow customers to customize lumen output and color temperature to meet specific requirements. The company serves municipalities, educational institutions, industrial facilities, and retail businesses across North America, Europe, the Middle East, and the Asia-Pacific region, positioning itself as a partner for innovative lighting solutions.Albeo Technologies generates revenue through direct sales and partnerships, focusing on B2B transactions with a diverse client base, including large corporations and local governments. Clients engage through structured contracts for bulk orders of lighting products and associated services. The company’s pricing reflects the bespoke nature of their offerings, which includes advanced LED fixtures and connected lighting systems. Revenue stems from one-time purchases and ongoing maintenance services, ensuring a steady income stream while fostering long-term client relationships.Albeo Technologies aims to innovate with upcoming products designed for enhanced energy performance and user adaptability. The company is looking to expand its market presence into specific regions, including expanding its footprint in Europe and the Asia-Pacific region. The financial backing from the recent Series C funding round, totaling USD 8.00 mn, will be directed toward supporting these initiatives, although specific release dates for new products or further detailed plans for market expansion are not publicly available.

## Funding rounds

- Series C, Mar 20, 2012, $8M — Braemar Energy Ventures, Green Spark Ventures
- Series B, Feb 20, 2008, $1.5M — Green Spark Ventures

## Investors

- Green Spark Ventures (https://capitalatlas.ai/funds/green-spark-ventures) — Series B, Series C
- Braemar Energy Ventures (https://capitalatlas.ai/funds/braemar-energy-ventures) — Series C