Enel X - About the company
Enel X is an acquired company based in Boston (United States), founded in 2001 by and . It operates as a Developer of utility-scale renewable energy projects. Enel X has raised $168M in funding from Foundation Capital. The company has 713 active competitors, including 50 funded and 65 that have exited. Its top competitors include companies like PowerSecure, Origis Energy and Hillman Group.
Company Details
- Website
- Social
- Email ID
- @enel.com
- Phone Number
- +1
- Part Of
Key Metrics
Founded Year
2001
Location
Boston, United States
Stage
Acquired
Total Funding
in 10 rounds
Latest Funding Round
Investors
Ranked
1st among 713 active competitors
Annual Revenue
as on Dec 31, 2016
Employee Count
as on Dec 31, 2018
Investment & Acquisitions
Similar Companies
Leap &
Exit Details
Acquired by (Feb 09, 2024)
Legal entities associated with Enel X
Enel X is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
$404M (as on Dec 31, 2016) | 333 | 352 | ||
Dec 31, 1999 | - | 309 | 968 |
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Enel X's acquisition details
Enel X got acquired by on Feb 09, 2024.
Click to take a look at Enel X's acquisition in detail
Enel X's funding and investors
Enel X has raised a total funding of $168M over 10 rounds. Its first funding round was on Jan 25, 2005. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $279K. 1 investor participated in its latest round, which include DFJ, Foundation Capital, and Braemar Energy Ventures.
Enel X has 10 institutional investors including Foundation Capital, DFJ and .
Here is the list of recent funding rounds of Enel X:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 01, 2021 | $279K | Grant (prize money) | 1385376 | 1879089 | |
Sep 18, 2020 | Undisclosed | Grant (prize money) | 1757240 | 6434246 | |
Feb 01, 2020 | $1.05M | Grant (prize money) | 7221764 | 3597283 |
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Enel X's founders and board of directors
The founders of Enel X are and . is the CEO of Enel X. has founded 2 more companies - and . has founded 1 more company - .
View details of Enel X's Founder profiles and Board Members
Enel X's employee count trend
Enel X has 513 employees as of Dec 18. The total employee count is 14.0% more than what it was in Dec 17. Here is Enel X's employee count trend over the years:
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Top competitors of Enel X include PowerSecure, Origis Energy and Hillman Group. Here is the list of Top 10 competitors of Enel X, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | DFJ, Foundation CapitalÌý&²¹³¾±è;Ìý | 76/100 |
2nd | PowerSecure 1991, Wake Forest (United States), Acquired | Energy efficiency and smart grid management solutions | - | Citi, Glen CapitalÌý&²¹³¾±è;Ìý | 70/100 |
3rd | Origis Energy 2008, Miami (United States), Acquired | Utility Scale and commercial solar project developer | $149M | Wells Fargo, KKRÌý&²¹³¾±è;Ìý | 68/100 |
4th | Hillman Group 1964, Cincinnati (United States), Public | Manufacturers and distributors of Fasteners, Keys, LNS, Picture Hanging, Engraving and Builders Hardware. | - | HarbourVest Partners, Oak HillÌý&²¹³¾±è;Ìý | 65/100 |
5th | Leap 2017, San Francisco (United States), Series B | Provider of demand response management solutions | $58M | SVB, Presidio VenturesÌý&²¹³¾±è;Ìý | 63/100 |
6th | EnergyHub 2007, Brooklyn (United States), Acquired | Demand response home energy management | $15.9M | .406 Ventures, Physic VenturesÌý&²¹³¾±è;Ìý | 57/100 |
7th |  Lancium 2014, Houston (United States), Series A | Provider of cloud based portfolio management software solutions for the renewable energy industry | $650M | Blackstone, Ìý&²¹³¾±è;Ìý | 62/100 |
8th | REC Solar 1997, San Luis Obispo (United States), Acquired | Offers solar installation and solar financing | - | 61/100 | |
9th |  OhmConnect 2013, San Francisco (United States), Series D | Provider of energy management software solutions | $83.5M | AME Cloud Ventures, Trinity CapitalÌý&²¹³¾±è;Ìý | 61/100 |
10th | Depcom Power 2013, Phoenix (United States), Acquired | Solar design, EPC and O&M company
E-Engineering;
P-Procurement;
C-Construction;
O-Operation;
M-Maintenance | $20.4M | Sorenson Capital, CapricornÌý&²¹³¾±è;Ìý | 60/100 |
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Enel X's Investments and acquisitions
Enel X has not made any investments yet. Enel X has made 6 acquisitions. Here is the list of latest three acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 14, 2022 | Acquisition | Wheaton, United States | ||
Dec 27, 2021 | Acquisition | - | ||
Dec 03, 2020 | Acquisition | - |
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Reports related to Enel X
Here is the latest report on Enel X's sector:
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News related to Enel X
Media has covered Enel X for a total of 11 events in the last 1 year, 6 of them have been about company updates and 1 about partnerships.
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When was Enel X founded?
Enel X was founded in 2001.Where is Enel X located?
Enel X is located in Boston, United States.Is Enel X an acquired company?
Enel X got acquired by China Southern Power Grid on Feb 09, 2024.When was the latest funding round of Enel X?
Enel X's latest funding round was on Jan 01, 2021.What is the annual revenue of Enel X?
Annual revenue of Enel X is $404M as on Dec 31, 2016.Our Lite Plan Awaits you - Its Free!
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