Enact Systems Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 80

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $13.6M

  • Investors
  • 14

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 cooperatives to launch and manage large-scale distributed energy programs.

Contact Information

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

Enact Systems Timeline

2022202320242025
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
12. Later Stage VC (Series A) 18-Apr-2024 $13.6M Completed Generating Revenue
11. Equity Crowdfunding 20-Jan-2022 Completed Generating Revenue
10. Later Stage VC (Series A) 20-Jan-2021 Completed Generating Revenue
9. Accelerator/Incubator 01-Jan-2020 Completed Generating Revenue
8. Seed Round 31-Mar-2018 Completed Generating Revenue
7. Accelerator/Incubator 10-Aug-2017 Completed Startup
6. Accelerator/Incubator 30-Jun-2017 Completed Startup
5. Grant 31-Dec-2015 Completed Startup
4. Grant 16-Nov-2015 $1.64M $1.07M Completed Startup
3. Angel (individual) 27-May-2015 $1.05M $1.07M 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
To view Enact Systems’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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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
80 As of 2024

Stuart, FL
 

Eckernforde, Germany
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Enact Systems Competitors (11)

One of Enact Systems’s 11 competitors is Energy Toolbase, a Accelerator/Incubator Backed company based in Stuart, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Energy Toolbase Accelerator/Incubator Backed Stuart, FL
PV Stream Corporation Eckernforde, Germany
QOS Energy Corporate Backed or Acquired La-Chapelle-sur-Erdre, France
Argand Solutions Corporation Totnes, United Kingdom
Strata Clean Energy Private Debt Financed Durham, NC
You’re viewing 5 of 11 competitors. Get the full list »

Enact Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Enact Systems Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
Energy Growth Momentum Growth/Expansion Minority
Olympus Capital Asia PE/Buyout Minority
Alumni Ventures Venture Capital Minority
Arka Venture Labs Accelerator/Incubator Minority
You’re viewing 5 of 14 investors. Get the full list »

Enact Systems Acquisitions (2)

Enact Systems’s most recent deal was a Merger/Acquisition with Adara Power. The deal was made on 19-Feb-2020.

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

Enact Systems FAQs

  • When was Enact Systems founded?

    Enact Systems was founded in 2013.

  • Where is Enact Systems headquartered?

    Enact Systems is headquartered in Pleasanton, CA.

  • What is the size of Enact Systems?

    Enact Systems has 80 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 .

  • How much funding has Enact Systems raised over time?

    Enact Systems has raised $18.4M.

  • Who are Enact Systems’s investors?

    , Energy Growth Momentum, Olympus Capital Asia, Alumni Ventures, and Arka Venture Labs are 5 of 14 investors who have invested in Enact Systems.

  • Who are Enact Systems’s competitors?

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

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