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FirstEnergy Corp.

Energy / Electric Utilities Akron, Ohio, USA ~440 employees
Founded
--
Employees (Est.)
~440
22 leaders known
Total Funding
$9.8B
Funding Rounds
5
Last Funding
2025-06-09

About FirstEnergy Corp.

FirstEnergy Corp. is committed to making customers' lives brighter, improving the environment, and strengthening communities through reliable electric service and grid investments.

Products & Services

Electric Utility Services:Providing power and energy services through various subsidiaries such as Ohio Edison, The Illuminating Company, Toledo Edison, and others across multiple states including Ohio, Pennsylvania, West Virginia, Maryland, and New Jersey.
Grid Investments:Investments in infrastructure for a smarter, more secure, and reliable electric grid.
Energy Efficiency Programs:Resources and programs to help customers save energy and money.
Bill Assistance Programs:Support programs to assist customers with bill payments.

Specialties

Grid Infrastructure Renewable Energy (Solar) Energy Efficiency Community Involvement

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Convertible Debt
T: -
FT: Convertible Debt
A: 1800000000
MR: -
FA: $950 million of convertible senior notes due 2029 and $850 million of convertible senior notes due 2031
FAN: 1800000000
D: 2025-06-09
FD: 2025-06-09
-
2 RT: Grant
T: -
FT: Grant
A: 50000000
MR: -
FA: $50 million
FAN: 50000000
D: 2024-11-14
FD: 2024-11-14
1 investors
3 RT: Equity Sale
T: -
FT: Equity Sale
A: 3500000000
MR: -
FA: 3.5 billion
FAN: 3500000000
D: 2024-03-25
FD: 2024-03-25
1 investors
4 RT: Debt
T: -
FT: Debt
A: 1000000000
MR: -
FA: $1.0 billion
FAN: 1000000000
D: 2023-05-01
FD: 2023-05-01
-
5 RT: Equity
T: -
FT: Equity
A: 3500000000
MR: -
FA: $3.5 billion
FAN: 3500000000
D: 2023-02-02
FD: 2023-02-02
1 investors
Convertible Debt Latest
2025-06-09
$1.8B
Grant 2024-11-14
$50.0M
Equity Sale 2024-03-25
$3.5B

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

B

Brian X. Tierney

President, Chief Executive Officer and Chair of the Board of FirstEnergy Corp.

K

Karen McClendon

Senior Vice President and Chief Human Resources Officer

H

Hyun Park

Senior Vice President and Chief Legal Officer

W

Wade Smith

President, FirstEnergy Utilities

K

K. Jon Taylor

Senior Vice President, Chief Financial Officer

T

Toby L. Thomas

Chief Operating Officer

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Recent News

FirstEnergy Corp. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Industries
Energy / Electric Utilities
Company Size
~440 employees (est.)
Locations
Akron, Ohio, USA
AKRON, Ohio
Holmdel, New Jersey +7 more

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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