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.