Enphase Energy - About the company
Enphase Energy is a public company based in Fremont (United States), founded in 2006 by and . It operates as a Manufacturer of micro-inverter and energy storage systems. Enphase Energy has raised $100M in funding from investors like Kleiner Perkins, Bay Partners and RockPort Capital. The company has 15 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like SolarEdge, NEP and APsystems.
Company Details
Manufacturer of micro-inverter and energy storage systems. It offers a solar monitoring tool which allows customers to monitor the solar energy production and consumption. Its products include microinverters, batteries, accessories, and more.
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Key Metrics
Founded Year
2006
Location
Fremont, United States
Stage
Public
Total Funding
in 9 rounds
Latest Funding Round
Investors
Ranked
2nd among 15 active competitors
Employee Count
as on Sep 30, 2024
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Enphase Energy
Enphase Energy is associated with 4 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Aug 23, 2023 | - | 454 | 244 | |
Mar 19, 2006 | $2.33B (as on Dec 31, 2022) | 118 | 233 | |
Jul 23, 2017 | $86.3M (as on Mar 31, 2022) | 746 | 966 | |
Mar 19, 2006 | - | 656 | 108 |
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Enphase Energy's funding and investors
Enphase Energy has raised a total funding of $100M over 9 rounds.
Enphase Energy has 17 institutional investors including Kleiner Perkins, Bay Partners and RockPort Capital. John Doerr is only Angel Investor in Enphase Energy.
Here is the list of recent funding rounds of Enphase Energy:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Feb 25, 2021 | $1.15B | Post IPO | 3692080 | 8989004 | - |
Sep 01, 2020 | $282K | Grant (prize money) | 9013318 | 6947332 | |
Jan 10, 2017 | $10M | Post IPO | 4264020 | 8751509 |
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Enphase Energy's founders and board of directors
The founders of Enphase Energy are and . is the CEO of Enphase Energy.
View details of Enphase Energy's Founder profiles and Board Members
Enphase Energy's employee count trend
Enphase Energy has 1,481 employees as of Sep 24. The total employee count is 14.8% lower than what it was in Sep 23. Here is Enphase Energy's employee count trend over the years:
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Top competitors of Enphase Energy include SolarEdge, NEP and APsystems. Here is the list of Top 10 competitors of Enphase Energy, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Manufacturer of smart solar inverters | $96.8M | Kreos Capital, Norwest Venture PartnersÌý&²¹³¾±è;Ìý | 90/100 | |
2nd | Enphase Energy 2006, Fremont (United States), Public | Manufacturer of micro-inverter and energy storage systems | $100M | Hercules Capital, Kleiner PerkinsÌý&²¹³¾±è;Ìý | 79/100 |
3rd |  NEP 2009, San Jose (United States), Series B | Manufacturer of solar inverters | - | 53/100 | |
4th | APsystems 2009, Seattle (United States), Unfunded | Solar Micro inverter manufacturers | - | - | 49/100 |
5th | Imeon Energy 2013, Brest (France), Seed | Manufacturer of solar inverters with AI capability | $1.83M | Bpifrance, Ouest CroissanceÌý&²¹³¾±è;Ìý | 48/100 |
6th | Deye Inverter 2007, Ningbo (China), Unfunded | Manufacturer of solar powered products | - | - | 47/100 |
7th | OptiSolar Technologies 2005, Hayward (United States), Deadpooled | Manufactured thin film solar modules | $334M | 43/100 | |
8th | Sofar Solar 2012, Wuxi (China), Public | Inverter manufacturer for the solar industry | - | 42/100 | |
9th | Hyxi Technology 2022, Hangzhou (China), Unfunded | Provider of solar powered inverters | - | - | 35/100 |
10th | NyQuest Innovation Labs 2017, Kollam (India), Funding Raised | Limited information available | - | 35/100 |
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Enphase Energy's Investments and acquisitions
Enphase Energy has not made any investments yet. Enphase Energy has made 8 acquisitions. Here is the list of latest three acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 29, 2022 | Acquisition | 2011 | Munich, | |
Mar 15, 2022 | Acquisition | - | ||
Dec 21, 2021 | Acquisition | - |
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Reports related to Enphase Energy
Here is the latest report on Enphase Energy's sector:
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News related to Enphase Energy
Media has covered Enphase Energy for a total of 196 events in the last 1 year, 54 of them have been about company updates and 7 about partnerships.
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Mercom India•Apr 29, 2025•Enphase Energy
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MarketBeat•Apr 06, 2025•Enphase Energy
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GlobeNewswire•Apr 03, 2025•Enphase Energy
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MarketBeat•Mar 25, 2025•Enphase Energy
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MarketBeat•Mar 17, 2025•Enphase Energy
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Seeking Alpha•Mar 11, 2025•Enphase Energy
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Enphase Energy
When was Enphase Energy founded?
Enphase Energy was founded in 2006.Where is Enphase Energy located?
Enphase Energy is located in Fremont, United States.When was the latest funding round of Enphase Energy?
Enphase Energy's latest funding round was on Feb 25, 2021.What is the annual revenue of Enphase Energy?
Annual revenue of Enphase Energy is undefined as on undefined.Our Lite Plan Awaits you - Its Free!
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