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Enervee

AI-guided marketplace for energy-efficient products

Overview

Enervee operates an online marketplace that helps households, utilities, states, cities, and corporations buy energy-efficient products using AI guidance. The platform uses the Enervee Score to rate products, offers instant rebates, and tracks prices for 90 days to help users time purchases. Revenue comes from partnerships with utilities and other stakeholders as well as commissions on sales made through the platform. Its goal is to empower better buying decisions that reduce carbon footprints and promote energy efficiency for a sustainable future.

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About Enervee

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Industries

Data & AnalyticsEnergyConsumer SoftwareAI & Machine Learning

Company Size

11-50

Company Stage

Series B

Total Funding

$40.4M

Headquarters

Los Angeles, CA

Founded

2010

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Funding

Total Funding

$40.4M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$35M
$45M
$65M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • Stock Options
  • Hybrid Work Options
  • Remote Work Options

Company News

Renewable Energy Magazine
Apr 19th, 2023
Jane Marsh - What Net Zero Goals Mean For Plumbing - Renewable Energy Magazine, At The Heart Of Clean Energy Journalism

Wednesday, 19 April 2023The 21st-century world is getting serious about net-zero environmental objectives. Nations worldwide are implementing directives to reach net-zero emissions by 2050. Every industry must take net zero seriously, from manufacturing to construction to even plumbing.What Is Net Zero and How Does it Affect Plumbing?Net zero emissions is a term used to describe when all harmful emissions released by human activities and technologies are removed from the Earth's atmosphere. It is the act of balancing the number of emissions humans generate by eliminating many of the sources of those emissions.Studies show residential buildings generate 72% of greenhouse gas emissions. Unfortunately, many household appliances — from essential to convenient — generate harmful emissions. The government's net-zero objectives will force household construction and appliance manufacturers to impose stricter regulations to reduce greenhouse gasses in homes.In addition, homeowners belonging to the younger generation are much more interested in incorporating green technologies and products into their homes

MarketScreener
Apr 29th, 2022
Enervee Corporation received financing of $35M in Series B financing round on Apr 22nd 22'.

Enervee Corporation announced that it has received $35 million in a round of funding co-led by new investors Kerogen Capital, and JPMorgan Chase & Co. on April 22, 2022.

FinSMEs
Apr 25th, 2022
Enervee Raises $35M In Funding

Enervee, a Los Angeles, CA-based provider of a marketplace for energy products, raised $35M in funding. The round was led by Kerogen Capital and J.P. Morgan. The company intends to use the funds to grow its e-commerce and data platform offerings and the further build-out its team. Led by Matthias Kurwig, Enervee is a climate [] The post Enervee Raises $35M in Funding appeared first on FinSMEs.

dot.LA
Apr 22nd, 2022
Mvp VC invests into Superjoi in $2.5M

Creator economy startup Superjoi raised a $2.5 million pre-seed funding round from investors including Ascension Ventures, QED Investors, Systema VC, Tomahawk and Modern Venture Partners.

Business Wire
Apr 22nd, 2022
Kerogen Capital, Along With Senior Lender J.P. Morgan, Leads $35M Financing In Enervee To Accelerate Decarbonization

LOS ANGELES--(BUSINESS WIRE)--Enervee, the pioneer and leading provider of marketplaces for energy-efficient products, today announced that it has received a total of $35 million from Kerogen Capital and J.P. Morgan in conjunction with its Series B financing round. The funding supports continued growth in Enervee’s e-commerce and data platform offerings and the further build-out of its world-class team to strengthen Enervee’s leadership position in energy efficiency and decarbonization. “Energy

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