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§ Private Profile · Pleasanton, CA, USA
SaaS platform for solar and energy storage project management, simplifying design, sales, installation, and monitoring for installers and end-users.
Founded in 2014 by Deep Chakraborty and Manasij Kar, Enact is based in Pleasanton, California, and provides a SaaS platform that simplifies the design, pricing, sales, and installation management of solar and energy storage projects. This technology enables residential and commercial solar installers to accelerate operations remotely while helping homeowners and businesses track system performance, financial outcomes, and utility savings. Operating on a subscription and transaction fee model, the platform integrates blockchain tools for renewable energy certificate markets to enhance transparency and efficiency. Enact currently supports over 1,000 installation partners across more than 35 countries and processes over one billion five hundred million dollars in solar projects annually. The organization has received early grant funding from the US Department of Energy, earned recognition from the Red Herring Top 100, and recently appointed Philip Comberg to its board of directors.
Enact has raised $11.5M across 1 funding round.
Enact has raised $11.5M in total across 1 funding round.
Enact has raised $11.5M across 1 funding round. Most recently, it raised $11.5M Series A in September 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 20, 2022 | $11.5M Series A | — | Alumni Ventures, Arka Venture Labs, Energy Growth Momentum, NB Ventures, Olympus Capital | Announced |
Enact has raised $11.5M in total across 1 funding round.
Enact's investors include Alumni Ventures, Arka Venture Labs, Energy Growth Momentum, NB Ventures, Olympus Capital.