Encored Technologies Overview
- Year Founded
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2013
- Status
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Acquired/Merged
- Employees
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50
- Latest Deal Type
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Accelerator/Inc
- Investors
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6
Encored Technologies General Information
Description
Developer of a cloud-based energy big-data platform designed to provide a meaningful contribution to society and the environment. The company's software focuses on the generation of electricity by sharing insightful information on energy usage, enabling energy consumers to discover opportunities for energy savings and energy-efficient operations to make informed decisions.
Contact Information
Website
www.encoredtech.com(Operating Subsidiary)
Corporate Office
- 13th Floor, Gungdo Building, 327 Bongeunsa-ro
- Gangnam-gu
- Seoul, 06103
- South Korea
Corporate Office
- 13th Floor, Gungdo Building, 327 Bongeunsa-ro
- Gangnam-gu
- Seoul, 06103
- South Korea
Encored Technologies Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 8. Later Stage VC | 19-Oct-2022 | Completed | Generating Revenue | |||
| 7. Secondary Transaction - Private | 10-Dec-2020 | Completed | Generating Revenue | |||
| 6. Early Stage VC (Series A3) | 04-Aug-2017 | Completed | Generating Revenue | |||
| 5. Merger/Acquisition | 18-Jul-2017 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 14-Dec-2015 | Completed | Startup | |||
| 3. Early Stage VC (Series A1) | 27-Oct-2014 | Completed | Startup | |||
| 2. Early Stage VC (Series A) | 01-Oct-2014 | $6M | $6.5M | Completed | Startup | |
| 1. Seed Round | 26-Apr-2013 | $500K | $500K | Completed | Startup |
Encored Technologies Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 | ||||||||
| Series A1 | ||||||||
| Series A | 8,411,260 | $0.000100 | 6% | $0.75 | $0.75 | 1x | $0.75 | 29.72% |
| Seed | 5,666,667 | $0.000100 | 6% | $0.09 | $0.09 | 1x | $0.09 | 20.02% |
Encored Technologies Comparisons
Industry
Financing
Details
Encored Technologies Competitors (5)
One of Encored Technologies’s 5 competitors is Zenatix Solutions, a Formerly VC-backed company based in Gurgaon, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zenatix Solutions | Formerly VC-backed | Gurgaon, India | ||||
| GridPoint | Private Equity-Backed | Reston, VA | ||||
| Augury | Venture Capital-Backed | New York, NY | ||||
| Ecolibrium | Formerly VC-backed | London, United Kingdom | ||||
| The Sustainability Cloud | Venture Capital-Backed | Gurugram, India |
Encored Technologies Patents
Encored Technologies Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12316116-B2 | Method for prediction power generation using meta-learning, device and system using the same | Active | 11-Oct-2023 | ||
| US-20250125616-A1 | Method for prediction power generation using meta-learning, device and system using the same | Active | 11-Oct-2023 | ||
| US-12449777-B2 | System for disaggregating power consumption | Active | 18-Mar-2022 | ||
| US-20230297049-A1 | System for disaggregating power consumption | Active | 18-Mar-2022 | ||
| US-20260023359-A1 | System for disaggregating power consumption | Pending | 18-Mar-2022 | G05B19/042 |
Encored Technologies Signals
Encored Technologies Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Formation 8 | Venture Capital | Minority | ||
| Korea AI Startup 100 | Accelerator/Incubator | |||
| Soros Fund Management | Family Office | Minority | ||
| Stonebridge Capital | PE/Buyout | Minority | ||
| iFly.vc | Venture Capital | Minority |
Encored Technologies FAQs
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When was Encored Technologies founded?
Encored Technologies was founded in 2013.
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Where is Encored Technologies headquartered?
Encored Technologies is headquartered in Seoul, South Korea.
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What is the size of Encored Technologies?
Encored Technologies has 50 total employees.
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What industry is Encored Technologies in?
Encored Technologies’s primary industry is Business/Productivity Software.
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Is Encored Technologies a private or public company?
Encored Technologies is a Private company.
-
What is Encored Technologies’s current revenue?
The current revenue for Encored Technologies is .
-
How much funding has Encored Technologies raised over time?
Encored Technologies has raised $10M.
-
Who are Encored Technologies’s investors?
Formation 8, Korea AI Startup 100, Soros Fund Management, Stonebridge Capital, and iFly.vc have invested in Encored Technologies.
-
Who are Encored Technologies’s competitors?
Zenatix Solutions, GridPoint, Augury, Ecolibrium, and The Sustainability Cloud are competitors of Encored Technologies.
-
Who acquired Encored Technologies?
Encored Technologies was acquired by SoftBank Group.
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