What is Enervee?
Enervee leverages a unique blend of data science, behavioral science, and digital marketing to guide consumers toward more energy-efficient purchasing choices across a wide array of product categories. Its proprietary Commerce platform, featuring Choice Engine technology and Eco Financing, is designed to overcome established market, cognitive, and financial obstacles that hinder consumers from adopting energy-saving products. By facilitating these decisions, Enervee contributes to a cleaner energy future and helps consumers save on energy costs.
How much funding has Enervee raised?
Enervee has raised a total of $36.6M across 3 funding rounds:
Series A
$1.3M
Debt
$350K
Other Financing Round
$35M
Series A (2015): $1.3M with participation from E.ON
Debt (2020): $350K led by PPP
Other Financing Round (2022): $35M supported by Kerogen Capital and JPMorgan Chase
Key Investors in Enervee
Kerogen Capital
Kerogen Capital is a private equity fund manager specializing in international energy, with a focus on energy transition and digital transformation. They partner with management teams to capitalize on long-term energy sector trends.
JPMorgan Chase
JPMorgan Chase is a leading global financial services firm offering a wide range of services including investment banking and commercial banking. Headquartered in New York, it operates worldwide.
E.ON
E.ON is a major operator of energy networks and infrastructure, providing innovative customer solutions in the energy sector. Founded in 2000, the company is based in Germany.
What's next for Enervee?
The recent major strategic investment in Enervee signals a strong validation of its business model and its impact on the clean technology market. With substantial backing, the company is poised to scale its operations, enhance its platform capabilities, and potentially expand its market reach. This enterprise-level funding suggests a focus on significant growth initiatives, possibly including further technological development, strategic partnerships, and broader consumer engagement to accelerate the adoption of energy-efficient products.
See full Enervee company page
