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Enevo

Energy · Boston, United States · Founded 2010

Provides smart logistics solutions that saves time, money and the environment by using wireless sensors MoreLess

Enevo is a forward-thinking startup revolutionizing waste management through advanced technology and data-driven solutions. Operating primarily in the US, the UK, and globally, Enevo serves a diverse range of clients including cities, municipalities, restaurants, retail businesses, commercial real estate, and multi-family residences. The company’s core offering is its innovative waste management system, which leverages unique sensors and software to monitor waste levels in real-time.

Enevo's business model is built around enhancing existing waste systems to make them more efficient, transparent, insightful, and sustainable. By using Enevo’s technology, clients can optimize their waste collection schedules, ensuring that pickups occur only when necessary. This not only reduces operational costs but also minimizes environmental impact by cutting down on unnecessary waste collection trips.

The company generates revenue through a subscription-based model, where clients pay for access to Enevo’s technology and data analytics services. This includes the installation of sensors, continuous monitoring of waste levels, and detailed analytics that help clients manage their waste more effectively. Additionally, Enevo partners with waste haulers of all sizes, providing them with the tools to improve their services and reduce costs.

Enevo’s technology-driven approach offers significant benefits to its clients. For instance, a multimillion-dollar doughnut franchise was able to save 28% on waste management costs by using Enevo’s solutions. The company’s platform is user-friendly and designed to provide comprehensive insights into waste generation, helping clients proactively manage their waste and increase sustainability over time.

In summary, Enevo is transforming the waste management industry by providing smart, data-driven solutions that enhance efficiency and sustainability for a wide range of clients.

Keywords: Waste Management, Technology, Sensors, Data Analytics, Efficiency, Sustainability, Cost Reduction, Real-Time Monitoring, Subscription Model, Global.

Company overview

Enevo company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2010
Headquarters
Boston, United States
Employees
10
Open positions
None listed
Dealroom signal
77.1
client focusb2btechnologyHardwaretechnologyRecognition TechnologytechnologyIoT InternetOfThingssub industryWaste Solutionsub industryIn-store Retail & Restaurant Techbusiness modelSaaSsectorRecyclingsectorSocial EntrepreneurshipsectorWaste ReductionsectorSmart Waste ManagementsectorFood WastesectorSustainable Development GoalssectorIndustrial Technology

Valuation & funding

Enevo funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Jun 2018 Leading Cities
SERIES CEquity / VC Sep 2017 $12M $48M Lifeline Ventures
DEBTDebt Jul 2016 $17M European Investment Bank
GRANTOther financing Mar 2016 $2.5M European Innovation Council
SERIES BEquity / VC Jun 2015 $16M $63M Ginko Ventures · Mistletoe · Earlybird Venture Capital · Lifeline Ventures
SERIES AEquity / VC Aug 2014 Draper Associates · Tesi · Risto Siilasmaa · Lifeline Ventures
SEEDEquity / VC Jan 2014 Fortum
SEEDEquity / VC Apr 2013 Lifeline Ventures · Tesi
EARLY VCEquity / VC Jan 2013 Loudspring
SEEDEquity / VC Jan 2012 Elina Lepomäki · Esa Mäkeläinen · Kim Groop · Lifeline Ventures
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $1.1M 0% 11
2025 $1.1M 0% 9
2024 $1.1M 0% 10
2023 $1.1M 0% 10
2022 $1.1M 14
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Enevo website traffic

Latest recorded traffic for Enevo is 4.2K monthly website visits, up 1400% over the last three months. Enevo's team grew 11.1% over the past year.

Latest monthly visits4.2K 3-month web change+1400% 1-year team growth+11.1%
Monthly website visits136 observations · Oct 2014–Jul 2026
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Comparisons

Enevo compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Enevo's talent

Book a demo to see the people
Team profiled 28 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

19 investors on Enevo's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 8 investors entered at this stage
Elina Lepomäki
Esa Mäkeläinen
Kim Groop
Lifeline Ventures
Tesi
Fortum
European Innovation Council
Leading Cities
Series A 7 investors entered at this stage
Loudspring
Draper Associates
Risto Siilasmaa
Earlybird Venture Capital
Ginko Ventures
Mistletoe
Foxconn Technology Group
Series B+ 1 investor entered at this stage
European Investment Bank
Other known 3 additional known investors
AcceliCITY
Audrius Visniauskas
Technology Pioneers | World Economic Forum

Global footprint

Where Enevo has talent and traffic

Workforce by country
3 countries with
team presence
🇺🇸 United States50%
🇫🇮 Finland25%
🇬🇧 United Kingdom25%
3 countries shown

In the news

Latest news about Enevo

Recent press, funding announcements, and product moves mentioning Enevo — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Enevo

An AI-synthesized read of the highest-engagement posts about Enevo on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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