When was Encored Technologies founded?

Encored Technologies was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Encored Technologies located?

Encored Technologies is headquartered in Seoul, South Korea.

Who is the current CEO of Encored Technologies?

John Choe of Encored Technologies. They have also founded 1 company.

How many employees does Encored Technologies have?

As of Mar 31, 2026, the latest employee count at Encored Technologies is 29.

Is Encored Technologies a funded company?

Encored Technologies is a funded company, having raised a total of $16.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 27, 2014.

When was the latest funding round of Encored Technologies?

Encored Technologies' latest funding was a $***** Series B round on Dec 13, 2015, with participation from 1 investor.

Where does Encored Technologies rank among its competitors?

Encored Technologies ranks 88th amongst 659 active competitors, of which 73 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Kimbal, which secured $22M in Apr, 2026.

Who are the top competitors of Encored Technologies?

Encored Technologies' top competitors include Husk Power Systems, Landis+Gyr and Sense. Among them, Kimbal secured the most recent funding round in April, 2026.

Encored Technologies - 2026 Company Profile, Team, Funding, Competitors & Financials

Encored Technologies is a series B company based in Seoul (South Korea), founded in 2013 by John Choe. It operates as an AI and cloud-driven platform offering demand response management solutions. Encored Technologies has raised $16.3M in funding. The company has 659 active competitors, including 73 funded and 75 that have exited. Its top competitors include companies like Husk Power Systems, Landis+Gyr and Sense.

Company Details

AI and cloud-driven platform offering demand response management solutions. It offers energy-saving solutions to enable users to optimize and save electricity. It provides Enertalk - an internet-connected energy meter to track energy usage in the house. The data tracked is displayed to the consumer via the app. Additionally, it provides forecasting solutions, disaggregation solutions, solar PV load optimization solutions, and more. Its app is available for Android devices.

Website: www.encoredtech.com/ko
Social
Email ID: *****@encoredtech.com
Phone Number: +82 **********

Key Metrics

Founded Year

2013

Location

Seoul, South Korea

Stage

Series B

Total Funding

$16.3M in 2 rounds

Latest Funding Round

Series B, Dec 13, 2015, $*****

Investors

Formation 8 & 3 more

Ranked

88^th among 659 active competitors

Employee Count

29 as on Mar 31, 2026

Similar Companies

Landis+Gyr & 685 more

View Encored Technologies' full profile

Encored Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Encored Technologies Co., Ltd. CIN: 220-88-56576 , South Korea, Active	Apr 18, 2013	-	-	-

Encored Technologies has raised a total funding of $16.3M over 2 rounds. Its first funding round was on Oct 27, 2014. Its latest funding round was a Series B round on Dec 13, 2015 for $*****. 1 investor participated in its latest round. Encored Technologies has 4 institutional investors.

Here is the list of recent funding rounds of Encored Technologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 13, 2015	9292313	Series B	8757611	6309094	1953570	3617231
Oct 27, 2014	5391671	Series A	7928638	4700415	9030031	Stonebridge Capital

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View details of Encored Technologies's funding rounds and investors

The founders of Encored Technologies is John Choe. John Choe is the CEO of Encored Technologies.

Here are the details of Encored Technologies' key team members:

John Choe: Founder & CEO of Encored Technologies.

View details of Encored Technologies's Founder profiles and Board Members

Encored Technologies' employee count trend

Encored Technologies has 29 employees as of Mar 26. Here is Encored Technologies's employee count trend over the years:

Employee count trend for Encored Technologies

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Top competitors of Encored Technologies include Husk Power Systems, Landis+Gyr and Sense. Here is the list of Top 10 competitors of Encored Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Husk Power Systems 2007, Fort Collins (United States), Series D	AI-powered distributed energy platform delivering clean, reliable power in Global South	$74.3M	Shell, STOA & 18 others	78/100
2nd	Landis+Gyr 1896, Cham (Switzerland), Acquired	Manufacturer of electric meters and grid edge data management software	$1.03B	Hudson Clean Energy Partners, Triodos Investment Management ... & 3 others	77/100
3rd	Sense 2013, Cambridge (United States), Series D	Provider of AI and app-based energy monitoring solutions	$195M	IDO Investments, Shell Ventures & 21 others	76/100
4th	Genus Power Infrastructures 1992, Jaipur (India), Public	Manufacturer of smart meters, hybrid microcircuits, and power distribution management	-	-	68/100
5th	Kimbal 2011, Delhi (India), Series B	Provider of advanced metering infrastructure, smart grid automation, and energy management solutions	$48.3M	Niveshaay, Vastupal Management & 118 others	68/100
6th	Lancium 2014, The Woodlands (United States), Series D	Developer of infrastructure for artificial intelligence data centers and power orchestration	$650M	Blackstone, Hanwhasolutions & 1 others	64/100
7th	Voltus 2016, Boston (United States), Series C	Provider of demand response solutions for industrial and commercial applications	$66.2M	Activate Capital, NGP Energy Technology Partners ... & 4 others	63/100
8th	Accacia 2022, Gurugram (India), Seed	Provider of platform for real estate decarbonization with climate-grade products	$9M	Illuminate Financial, Accel & 14 others	61/100
9th	Itron 1977, Liberty Lake (United States), Public	Provider of solutions for managing energy, water, and city services	-	East Peak Capital, Red Rock Ventures	61/100
10th	Leap 2017, San Francisco (United States), Series B	Provider of demand response management solutions	$59.6M	Presidio Ventures, Union Square Ventures ... & 20 others	60/100
88th	Encored Technologies 2013, Seoul (South Korea), Series B	AI and cloud-driven platform offering demand response management solutions	$16.3M	Formation 8, LG Uplus & 2 others	38/100