Enact Systems Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 46

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $13.6M

  • Investors
  • 11

Enact Systems General Information

Description

Developer of a single business platform designed for solar project management. The company's cloud-based platform automates the entire project lifestyle for commercial and residential projects, including design, financing, installation, and asset management, enabling utilities, municipalities, and co-operatives to launch and manage large-scale distributed energy programs.

Contact Information

Website
enact.solar
Formerly Known As
Enerplus Solutions
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Other Energy Services
Software Development Applications
Corporate Office
  • 6200 Stoneridge Mall Road
  • Suite 300
  • Pleasanton, CA 94588
  • United States
+1 (855) 000-0000

Enact Systems Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Enact Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC (Series A) 18-Apr-2024 $13.6M 000.00 Completed Generating Revenue
9. Equity Crowdfunding 20-Jan-2022 00000 00.000 0000 Completed Generating Revenue
8. Later Stage VC (Series A) 20-Jan-2021 00.000 00.000 00.000 Completed Generating Revenue
7. Seed Round 31-Mar-2018 00.000 00.000 00.000 Completed Generating Revenue
6. Accelerator/Incubator 10-Aug-2017 00.000 Completed Startup
5. Accelerator/Incubator 30-Jun-2017 000 00.000 Completed Startup
4. Grant 31-Dec-2015 00000 00.000 Completed Startup
3. Grant 16-Nov-2015 00.000 00.000 Completed Startup
2. Angel (individual) 27-May-2015 $1.05M $1.07M Completed Startup
1. Angel (individual) 23-Aug-2013 $25K $25K Completed Startup
To view Enact Systems’s complete valuation and funding history, request access »

Enact Systems Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
To view Enact Systems’s complete cap table history, request access »

Enact Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a single business platform designed for solar project management. The company's cloud-based platform automa
Business/Productivity Software
Pleasanton, CA
46 As of 2024
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00000000000 000.00

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00000000000000000000
Eckernforde, Germany

000 00

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00000000000000000000
La-Chapelle-sur-Erdre, France
00 As of 0000
00.000
000000&0 00.000
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Enact Systems Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PV Stream Corporation Eckernforde, Germany
QOS Energy Corporate Backed or Acquired La-Chapelle-sur-Erdre, France 00 00.000 000000&0 00.000
Energy Toolbase Corporate Backed or Acquired Stuart, FL 00 000000&0
Argand Solutions Corporation Totnes, United Kingdom 0 0000000000
AutoGrid Private Equity-Backed Redwood City, CA 00 00000 000000000000
You’re viewing 5 of 11 competitors. Get the full list »

Enact Systems Executive Team (10)

Name Title Board Seat Contact Info
Deep Chakraborty Co-Founder, Chief Executive Officer & Board Member
Ashish Shah Chief Technology Officer & Head of Engineering
Sanjay Dabur CCO & Vice President of International Sales (EMEA)
Manasij Kar Co-Founder, Chief Operations Officer & Head of Product
You’re viewing 4 of 10 executive team members. Get the full list »

Enact Systems Board Members (9)

Name Representing Role Since
Adeeb Asfari Energy Growth Momentum Board Member 000 0000
Deep Chakraborty Enact Systems Co-Founder, Chief Executive Officer & Board Member 000 0000
Neeleshwar Bhatnagar NB Ventures Board Member 000 0000
You’re viewing 3 of 9 board members. Get the full list »

Enact Systems Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Enact Systems Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Energy Growth Momentum Growth/Expansion Minority 000 0000 000000 0
Olympus Capital Asia PE/Buyout Minority 000 0000 000000 0
Alumni Ventures Venture Capital Minority 000 0000 000000 0
Arka Venture Labs Accelerator/Incubator Minority 000 0000 000000 0
True Blue Partners Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 11 investors. Get the full list »

Enact Systems Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Adara Power 19-Feb-2020 0000000000 Alternative Energy Equipment 0000 0000
Energy Finance Strategies 03-Feb-2015 Merger/Acquisition Other Energy Services 0000 0000
To view Enact Systems’s complete acquisitions history, request access »

Enact Systems Subsidiaries (1)

Company Name Industry Location Founded
Adara Power Alternative Energy Equipment Los Gatos, CA 0000
To view Enact Systems’s complete subsidiaries history, request access »

Enact Systems FAQs

  • When was Enact Systems founded?

    Enact Systems was founded in 2012.

  • Who is the founder of Enact Systems?

    Deep Chakraborty, Ratnadeep Bhattacharjee, and Manasij Kar are the founders of Enact Systems.

  • Who is the CEO of Enact Systems?

    Deep Chakraborty is the CEO of Enact Systems.

  • Where is Enact Systems headquartered?

    Enact Systems is headquartered in Pleasanton, CA.

  • What is the size of Enact Systems?

    Enact Systems has 46 total employees.

  • What industry is Enact Systems in?

    Enact Systems’s primary industry is Business/Productivity Software.

  • Is Enact Systems a private or public company?

    Enact Systems is a Private company.

  • What is Enact Systems’s current revenue?

    The current revenue for Enact Systems is 000000.

  • How much funding has Enact Systems raised over time?

    Enact Systems has raised $17.3M.

  • Who are Enact Systems’s investors?

    Energy Growth Momentum, Olympus Capital Asia, Alumni Ventures, Arka Venture Labs, and True Blue Partners are 5 of 11 investors who have invested in Enact Systems.

  • Who are Enact Systems’s competitors?

    PV Stream, QOS Energy, Energy Toolbase, Argand Solutions, and AutoGrid are some of the 11 competitors of Enact Systems.

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