Enode logo — Accelerating the transition to a sustainable energy system b...

Enode

Accelerating the transition to a sustainable energy system by connecting and optimizing the world’s energy devices.

Founded 2020 Norway Norway 65 employees Series A Total: $18.08M

General Information

Company Name Enode
Founded Year 2020
Location Norway Norway
Employees 65
Funding Stage Series A
Business Model B2B, API, SaaS
Revenue Model Subscription, Usage Based, Service Fee
Social

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About Enode

Enode, founded in 2020 and headquartered in Norway, is dedicated to accelerating the transition to a sustainable energy system. The company achieves this by providing APIs that facilitate seamless connectivity and optimization of energy devices such as EVs, solar inverters, home batteries, and thermostats through third-party apps.

With the tagline, "Accelerating the transition to a sustainable energy system by connecting and optimizing the world’s energy devices," Enode focuses on reducing the complexity and cost of building energy management applications. Their out-of-the-box algorithms enhance user engagement by allowing real-time data surfaced from connected devices to drive actionable insights and control.

Enode received a $15.00M Series A investment on 01 November 2022, with backing from notable investors including BoxGroup, Creandum, Lowercarbon Capital, MCJ Collective, Skyfall Ventures, Matt Cohler, and Andreas Lundgren. This funding positions them well for scaling their technology and impact in the energy management sector.

Business keywords: sustainable energy, energy management, API integration, energy optimization, smart devices, electric vehicles, solar energy, home automation, tech startup, IoT solutions, energy data analytics, energy devices connectivity, software development

Services & Products

Energy Device Connectivity
Smart Charging
Energy Consumption Optimization
Virtual Power Plant Management
Smart Scheduling

Target Customers

Energy Retailers Energy Startups E-mobility Providers DERMS (Distributed Energy Resource Management Systems) EV Fleet Managers Utility and Grid Owners Smart Home Providers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $15.00M 7
BoxGroup, Creandum +5
01 Nov 2022
Seed $2.20M 8
BoxGroup, Liquid 2 Ventures +6
01 Jul 2021
Support Program $130.00K 1
Y Combinator
01 Mar 2021
Grant kr750.00K 1
Innovation Norway
01 Aug 2020

Enode Alternatives & Competitors

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FAQ About Enode

Accelerating the transition to a sustainable energy system by connecting and optimizing the world’s energy devices.
Enode was founded in 2020.
Enode is headquartered in Norway.
Enode has a B2B, API and SaaS business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Enode has approximately 65 employees.
Enode has completed 4 funding rounds, raising a total of $18.08M. The latest funding stage is Series A.
Enode offers: Energy Device Connectivity, Smart Charging, Energy Consumption Optimization, Virtual Power Plant Management, Smart Scheduling.
Top alternatives and competitors to Enode include POWERJames GmbH, Synergi, Boldr, Axle Energy, Midori Connect. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Enode and POWERJames GmbH are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Enode, https://bouncewatch.com/company/enode, updated 4 April 2026. When citing, please name BounceWatch and link this page.

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