Enode

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

General Information
Company Name
Enode
Founded Year
2020
Location (Offices)
Norway +1
Founders / Decision Makers
Number of Employees
58
Industries
API, IT, Information Technology
Funding Stage
Series A
Social Media

Enode - Company Profile

Enode, founded in 2020 and headquartered in Norway, has recently attracted a significant $15.00M Series A investment on 01 November 2022. The company's mission, as summarized by its slogan, is "Accelerating the transition to a sustainable energy system by connecting and optimizing the world’s energy devices." Enode offers APIs that facilitate the instant connection of users’ energy devices, such as EVs, solar inverters, home batteries, and thermostats, to various applications. These APIs allow for the extraction of data and execution of actions while leveraging out-of-the-box algorithms for device control and optimization. The company operates within the API and Information Technology sectors, emphasizing the reduction of integration and maintenance complexity through a few lines of code. Notable investors in the recent funding round include BoxGroup, Creandum, Y Combinator, Lowercarbon Capital, Skyfall Ventures, MCJ Collective, Andreas Lundgren, Matt Cohler, and Andrew Lundsten. Enode's value proposition lies in its ability to cut the cost and complexity of building energy management apps, thus enabling developers to concentrate on creating user-centric experiences that drive engagement and contribute to the acceleration of the sustainable energy transition.

Taxonomy: Sustainable energy management, API integration, Energy device optimization, User-centric experiences, Energy transition acceleration

Funding Rounds & Investors of Enode (3)

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Funding Stage Amount No. Investors Investors Date
Series A $15.00M 9 Andreas Lundgren, Matt Cohler +1 01 Nov 2022
Seed Round $2.20M 1 01 Apr 2021
Pre Seed Round Unknown 2 24 Jan 2021

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