E
Enode
Transportation · Oslo, Norway · Founded 2020
Building APIs that connect to EVs, home batteries, solar panels and other energy hardware so our customer can build awesome green energy apps MoreLess
Enode is a software-as-a-service (SaaS) company that provides a single API to connect and control a wide range of energy hardware, also known as Distributed Energy Resources (DERs). The company's platform allows energy providers and other businesses to integrate with electric vehicles, home EV chargers, solar inverters, home batteries, and HVAC systems. This enables the development of green energy applications and services, such as smart charging, demand response, and energy optimization.
The company operates on a B2B model, serving clients across the energy ecosystem, from startups to large, established energy providers. By offering a unified integration point, Enode simplifies the process for its customers to connect with a fragmented landscape of energy device manufacturers. This allows them to build and scale their energy management solutions more efficiently.
Enode's business model is based on subscriptions to its API platform. The company has gained significant traction, having raised $17.4 million in funding over four rounds from 15 investors. As of mid-2023, its API connects to over 45 original equipment manufacturers (OEMs) and more than 300 energy devices, reaching a potential customer base of over 60 million energy users. The company has supported the launch of more than 65 products and has integrated over 500,000 energy devices through its platform.
Keywords: API platform, energy hardware, distributed energy resources, smart charging, demand response, energy optimization, SaaS, B2B, green energy, energy management
Company overview
Enode company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Oslo, Norway
- Employees
- 64
- Open positions
- None listed
- Dealroom signal
- 78.7
Valuation & funding
Enode funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SUPPORT PROGRAM✓Other financing | Dec 2022 | $0 | — | HEC Paris | — |
| SERIES A✓Equity / VC | Nov 2022 | $15M | $60M | Matt Cohler · Skyfall Ventures · Creandum · BoxGroup | ↗ |
| SEED✓Equity / VC | Jul 2021 | $2.2M | $8.8M | BoxGroup · Lowercarbon Capital · Helge Lund · Gustaf Alstromer | — |
| SEED✓Equity / VC | Mar 2021 | $125K | $500K | Y Combinator | — |
| GRANT✓Other financing | Aug 2020 | $91K | — | Innovation Norway | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
Growth signals
Enode website traffic
Latest recorded traffic for Enode is 71K monthly website visits, up 6% over the last three months. Enode's team grew 1.6% over the past year.
Comparisons
Enode compared with similar companies
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Talent graph
Enode's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Enode has talent and traffic
team presence
In the news
Latest news about Enode
Recent press, funding announcements, and product moves mentioning Enode — open to read from the original sources.
Market sentiment
What the market is saying about Enode
An AI-synthesized read of the highest-engagement posts about Enode 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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