When was Enact founded?

Enact was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Enact located?

Enact is headquartered in Pleasanton, United States. It is registered at Trifecta Adatto, 21, ITPL Main Road, Garudachar Palya, Mahadevapura, Bangalore, Bengaluru, Karnataka, India, 560048.

Who is the current CEO of Enact?

Deep Chakraborty of Enact. They have also founded 1 company.

How many employees does Enact have?

As of Sep 30, 2026, the latest employee count at Enact is 163.

Is Enact a funded company?

Enact is a funded company, having raised a total of $16.8M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 15, 2013.

When was the latest funding round of Enact?

Enact's latest funding was a $***** Series B round on Jul 02, 2025, with participation from 0 investor. Its primary sector is Renewable Energy Tech. In United States, the Renewable Energy Tech sector has seen $5.68B in funding in 2026 to date.

Where does Enact rank among its competitors?

Enact ranks 3rd amongst 453 active competitors, of which 57 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Odyssey Energy Solutions, which secured an undisclosed amount in Sep, 2026.

Who are the top competitors of Enact?

Enact's top competitors include Lancium, Odyssey Energy Solutions and Clear Blue Technologies. Among them, Odyssey Energy Solutions secured the most recent funding round in September, 2026.

Enact - 2026 Company Profile, Team, Funding & Competitors

Enact is a series B company based in Pleasanton (United States), founded in 2014 by Manasij Kar and Deep Chakraborty. It operates as a Provider of software solutions for monitoring solar energy usage and production. Enact has raised $16.8M in funding from Plug and Play Tech Center and Energy Growth Momentum. The company has 453 active competitors, including 57 funded and 43 that have exited. Its top competitors include companies like Lancium, Odyssey Energy Solutions and Clear Blue Technologies.

Company Details

Provider of software solutions for monitoring solar energy usage and production. It provides monthly reports to ensure that the solar system is operating at peak efficiency and connect with an energy expert for help with operating or upgrading the system.

Website: enact.solar
Social
Email ID: *****@enact-systems.com
Registered Address: Trifecta Adatto, 21, ITPL Main Road, Garudachar Palya, Mahadevapura, Bangalore, Bengaluru, Karnataka, India, 560048

Key Metrics

Founded Year

2014

Location

Pleasanton, United States

Stage

Series B

Total Funding

$16.8M in 6 rounds

Latest Funding Round

Series B, Jul 02, 2025, $*****

Investors

Plug and Play Tech Center & 6 more

Ranked

3^rd among 453 active competitors

Employee Count

163 as on Sep 30, 2026

Investment & Acquisitions

PVComplete & 1 more

Similar Companies

Clear Blue Technologies & 156 more

View Enact's full profile

Enact is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ENACT Systems Inc. CIN: 0001585201 , United States, Active		$1M - $10M (As on Dec 31, 2023)	18 (As on Dec 31, 2023)	-
ENACT SYSTEMS INC CIN: 20221565021 , United States, Active	Jun 03, 2022	$0 - $1M (As on Dec 31, 2021)	12 (As on Dec 31, 2023)	-
ENACT SYSTEMS SOFTWARE INDIA PRIVATE LIMITED CIN: U72900KA2014PTC073102 , India, Active	Jan 20, 2014	₹10 - ₹50 Cr (As on Mar 31, 2025)	37 (As on Nov 30, 2024)

Enact has raised a total funding of $16.8M over 6 rounds. Its first funding round was on Aug 15, 2013. Enact has 7 institutional investors.

Here is the list of recent funding rounds of Enact:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 02, 2025	2507004	Series B	7238716	6627163	2575540	1719694
Jul 12, 2024	9014980	Series B	6148426	5804388	9962032	Alumni Ventures
Aug 26, 2022	3441926	Series A	4567865	3075883	Energy Growth Momentum	Alumni Ventures & 3 more

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View details of Enact's funding rounds and investors

The founders of Enact are Manasij Kar and Deep Chakraborty. Deep Chakraborty is the CEO of Enact.

Here are the details of Enact's key team members:

Manasij Kar: Co-Founder & Head of Product of Enact and founder of 1 other company.
Contact Info: 1 email address and 1 phone number
Deep Chakraborty: Co-Founder & CEO of Enact and founder of 1 other company.
Contact Info: 1 email address

View details of Enact's Founder profiles and Board Members

Enact's employee count trend

Enact has 163 employees as of Sep 26. Here is Enact's employee count trend over the years:

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Top competitors of Enact include Lancium, Odyssey Energy Solutions and Clear Blue Technologies. Here is the list of Top 10 competitors of Enact, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lancium 2014, The Woodlands (United States), Series E	Developer of infrastructure for artificial intelligence data centers and power orchestration	$3.65B	Blackstone, Hanwhasolutions & 3 others	66/100
2nd	Odyssey Energy Solutions 2017, Boulder (United States), Series B	Provider of end-to-end platform for distributed renewable energy finance	$65.8M	Equal Ventures, Union Square Ventures & 19 others	66/100
3rd	Enact 2014, Pleasanton (United States), Series B	Provider of software solutions for monitoring solar energy usage and production	$16.8M	NB Ventures, Olympus Capital Asia & 5 others	64/100
4th	Clear Blue Technologies 2011, Toronto (Canada), Public	Developer of smart off-grid controllers	$3.94M	Ontario Centre of Innovation, Haywood & 8 others	62/100
5th	SmartHelio 2019, Ecublens (Switzerland), Series A	Provider of AI-driven software for solar plant performance and diagnostics	$6.05M	Pegasus Tech Ventures, Collab Fund & 10 others	61/100
6th	Helio Home 2020, Denver (United States), Series A	Provider of all-electric heating and cooling system installation and related services	$50M	Eclipse, McNamara Family Investments & 4 others	61/100
7th	SYSO Technologies 2019, Cambridge (United States), Series B	Provider of renewable energy storage and management solutions	$33.5M	Kimmeridge, Lacuna Sustainable Investments ... & 3 others	60/100
8th	Euclid Power 2021, Bloomington (United States), Series A	Provider of project management tool for solar energy	$20M	Spero Ventures, Venrock & 8 others	60/100
9th	Equilibrium Energy 2021, San Francisco (United States), Series B	Provider of software solutions for portfolio management	$132M	DCVC, Breakthrough Energy & 7 others	59/100
10th	RadianGEN 2013, Oakland (United States), Acquired	Provider of solar asset management services and solutions	$1M	Eagle Private Capital, Plexus Capital & 1 others	59/100