Enedym - About the company
Enedym is a series A company based in Hamilton (Canada), founded in 2010 by Ali Emadi and Randy Reisinger. It operates as a Manufacturer of electric motors for multiple categories of vehicles. Enedym has raised $15M in funding. The company has 135 active competitors, including 24 funded and 10 that have exited. Its top competitors include companies like Varroc, TSUYO and Chara.
Company Details
Manufacturer of electric motors for multiple categories of vehicles. The platform offers users electric motors, power turbines, generators, and more. They provide their services for commercial buildings, data centers, defense, greenhouses, healthcare, marine, mining, and more.
- Website
- enedym.com
- Social
- Email ID
- *****@enedym.com
Key Metrics
Founded Year
2010
Location
Hamilton, Canada
Stage
Series A
Total Funding
$15M in 3 rounds
Latest Funding Round
Ranked
4th among 135 active competitors
Employee Count
52 as on Sep 30, 2026
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Enedym's funding and investors
Enedym has raised a total funding of $15M over 3 rounds. Its first funding round was on Jun 29, 2021. Its latest funding round was a Series A round on Nov 07, 2025 for $*****. 1 investor participated in its latest round. Enedym has 6 institutional investors.
Here is the list of recent funding rounds of Enedym:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 07, 2025 | 6581870 | Series A | 8486633 | 9925142 | 9564128 | 6935653 |
Feb 07, 2022 | 1988454 | Grant (prize money) | 7555417 | 9156114 | 1327886 | |
Jun 29, 2021 | 9309829 | Series A | 4595536 | 2266128 | 5046195 |
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Enedym's founders and board of directors
Founder? Claim ProfileThe founders of Enedym are Ali Emadi and Randy Reisinger.
Here are the details of Enedym's key team members:
- Ali Emadi: Co-Founder & CEO of Enedym and founder of 1 other company. Contact Info: 1 email address
- Randy Reisinger: Co-Founder of Enedym. Contact Info: 1 email address
View details of Enedym's Founder profiles and Board Members
Enedym's employee count trend
Enedym has 52 employees as of Sep 26. Here is Enedym's employee count trend over the years:
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Enedym's Competitors and alternates
Top competitors of Enedym include Varroc, TSUYO and Chara. Here is the list of Top 10 competitors of Enedym, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of automotive components | $50.1M | 67/100 | ||
2nd | Platform offering motors for multi-category electric-three wheelers | $4.5M | 64/100 | ||
3rd | Manufacturer of rare-earth free motor systems and intelligent motor controllers | $11.9M | 58/100 | ||
4th | Manufacturer of electric motors for multiple categories of vehicles | $15M | 57/100 | ||
5th | Mabuchi Motor 1954, Matsudo (Japan), Public | Manufacturer and supplier of major auto components | - | - | 52/100 |
6th |  EVR Motors 2012, Petah Tikva (Israel), Series A | Manufacturer platform for electric motor technology | - | 50/100 | |
7th |  Sterling E-Mobility Solutions 2020, Faridabad (India), Unfunded | Manufacturer of electric vehicle powertrain components, motor control units, and motors | - | - | 49/100 |
8th |  Mecwin Technologies 2017, Bengaluru (India), Seed | Manufacturer of EV motors, solar pumps, controllers, and IoT products | $2.53M | 49/100 | |
9th |  Physics Motors 2017, Bengaluru (India), Seed | Designs & manufactures electric vehicle drive train systems | $3.51M | 48/100 | |
10th |  Naxatra Labs 2021, Gurugram (India), Seed | Manufacturer of axial and radial flux motors for electric mobility and industrial applications | $3.61M | 48/100 |
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Enedym's Investments and acquisitions
Enedym has made no investments or acquisitions yet.
Reports related to Enedym
Here is the latest report on Enedym's sector:
News related to Enedym
Media has covered Enedym for a total of 2 events in the last 1 year.
•
Honda invests in drive developer Enedym, focusing on next-generation switched reluctance motors.electrive.com•Nov 07, 2025•Enedym, Honda
•
UMIAILE Raises 1.575 Billion Yen in Seed Round for Marine Robotics DevelopmentStartup Log•Oct 16, 2025•UntroD, Honda, UMIAILE, Enedym and 1 other
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Technology company Enedym Inc. Announces New Partnership with Toyota Tsusho Canada, Inc.Business Wire•Oct 05, 2022•Enedym, Toyota Tsusho America, Toyota Tsusho
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Enedym Inc. announces strategic partnership with Smartricity Inc. to develop Ventium Wind Pitch Switched Reluctance Motor ("SRM")Business Wire•May 11, 2022•Enedym, Smartricity
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Enedym Inc. Announces Partnership with Sona Comstar to Produce Magnetless Motors for Electric VehiclesBusiness Wire•Apr 21, 2022•Enedym, Sona Comstar
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Enedym receives $2.4 million to commercialise its Ventium wind pitch motor technologyWindtech-International•Feb 11, 2022•Enedym, Sustainable Development Technology Canada, Enedim
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Enedym Inc. Announces Strategic Partnership With JFE ShojiBusiness Wire•Jan 25, 2022•Enedym, Jfeshojipower, Jfe Shoji
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Enedym, Inc. Announces Two New Board AppointmentsBusiness Wire•Aug 04, 2021•Enedym, Fiat Chrysler Automobiles, Jfeshojipower, Jfe Shoji
•
Sustainable Electric Motor Company Enedym Inc. Secures $15 Million Investment To Accelerate Business PlanBusiness Wire India•Jun 29, 2021•Enedym, Paletta International Corporation, Trio Capital, Napino and 2 others
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