When was Enel X founded?

Enel X was founded in 2001 and raised its 1st funding round 4 years after it was founded.

Where is Enel X located?

Enel X is headquartered in Boston, United States. It is registered at Boston, Massachusetts.

How many employees does Enel X have?

As of Jun 30, 2026, the latest employee count at Enel X is 2435.

Is Enel X a funded company?

Enel X is a funded company, having raised a total of $168M across 11 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jan 25, 2005.

When was the latest funding round of Enel X?

Enel X's latest funding was a $***** Grant (prize money) round on Jan 01, 2021, with participation from 1 investor.

Where does Enel X rank among its competitors?

Enel X ranks 2nd amongst 3294 active competitors, of which 257 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was SPAN, which secured $163M in Jan, 2026.

Who are the top competitors of Enel X?

Enel X's top competitors include Particle, SPAN and Origis Energy. Among them, SPAN secured the most recent funding round in January, 2026.

Enel X - 2026 Company Profile, Team, Funding & Competitors

Enel X is an acquired company based in Boston (United States), founded in 2001. It operates as a Developer of utility-scale renewable energy projects. Enel X has raised $168M in funding from Foundation Capital. The company has 3294 active competitors, including 257 funded and 313 that have exited. Its top competitors include companies like Particle, SPAN and Origis Energy.

Company Details

Website: www.enelx.com/
Social
Email ID: *****@enel.com
Phone Number: +1 **********
Part Of
Registered Address: Boston, Massachusetts

Key Metrics

Founded Year

2001

Location

Boston, United States

Stage

Acquired

Total Funding

$168M in 11 rounds

Latest Funding Round

Grant (prize money), Jan 01, 2021, $*****

Investors

Foundation Capital & 10 more

Ranked

2^nd among 3294 active competitors

Employee Count

2,435 as on Jun 30, 2026

Investment & Acquisitions

LayerX & 7 more

Similar Companies

Amp & 738 more

Exit Details

Acquired by China Southern Power Grid (Feb 09, 2024)

View Enel X's full profile

Enel X is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Enernoc, Inc. CIN: 870698303 , United States, Active	Dec 31, 1999	-	457 (As on Dec 31, 2020)	-
World Energy Solutions, Inc. CIN: 20071182150 , United States, Deadpooled	Apr 13, 2007	$25M - $100M (As on Apr 15, 2014)	-	-
ENERNOC INC CIN: 1244937 , United States, Active		$100M - $500M (As on Dec 31, 2016)	513 (As on Dec 31, 2018)	-
ENEL X SERVICES INDIA PRIVATE LIMITED CIN: U72200MH2004PTC145617 , India, Active	Apr 12, 2004	₹10 - ₹50 Cr (As on Mar 31, 2025)	-

Enel X got acquired by China Southern Power Grid on Feb 09, 2024.

Click here to take a look at Enel X's acquisition in detail

Enel X has raised a total funding of $168M over 11 rounds. Its first funding round was on Jan 25, 2005. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $*****. 1 investor participated in its latest round. Enel X has 11 institutional investors.

Here is the list of recent funding rounds of Enel X:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2021	1909270	Grant (prize money)	2461209	2569213	2067757	1501909
Sep 18, 2020	3332261	Grant (prize money)	3253401	8591892	1834782	Masscec
Feb 01, 2020	1592561	Grant (prize money)	2428156	4881593	5994137	Europa

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View details of Enel X's funding rounds and investors

Enel X's employee count trend

Enel X has 2,435 employees as of Jun 26. Here is Enel X's employee count trend over the years:

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Top competitors of Enel X include Particle, SPAN and Origis Energy. Here is the list of Top 10 competitors of Enel X, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Particle 2011, San Francisco (United States), Acquired	Developer of a prototype to production connectivity platform for IoT	$135M	Root Ventures, Spark Capital & 20 others	78/100
2nd	Enel X 2001, Boston (United States), Acquired	Developer of utility-scale renewable energy projects	$168M	Foundation Capital, Glen Capital & 9 others	74/100
3rd	SPAN 2014, San Francisco (United States), Series C	Smart energy management technology platform that modernizes residential electrical systems	$419M	Wellington, Fifth Wall & 33 others	72/100
4th	Origis Energy 2008, Miami (United States), Acquired	Utility Scale and commercial solar project developer	$149M	Deutsche Bank, Nomura & 9 others	70/100
5th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	70/100
6th	Bidgely 2011, Mountain View (United States), Series C	Provider of a solution for consumers to monitor and manage their household energy use	$87.7M	Khosla Ventures, Canadian Imperial Bank of Commerce ... & 11 others	69/100
7th	PowerSecure 1991, Wake Forest (United States), Acquired	Energy efficiency and smart grid management solutions	-	Glen Capital, Citi & 1 others	69/100
8th	Southern 1912, Atlanta (United States), Public	Provider of energy utility, natural gas, and communications technology fund	-	DOE, Alliance Holdings & 2 others	67/100
9th	Savant Systems 2005, Barnstable (United States), Late Stage	App and hub for connected device management	$90M	KKR, Connecticut Innovations	67/100
10th	Complete Solar 2002, San Carlos (United States), Public	Solar energy solutions provider for residential and commercial needs	$22.4M	Ecosystem Integrity Fund, Floodgate & 5 others	67/100

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Enel X has made 2 investments in companies including LayerX and Hubject. Enel X has also acquired 6 companies including Schumann Investments SA and Mooney.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 03, 2022	Investments	LayerX	2021	Tel Aviv (Israel)
Jul 14, 2022	Acquisition	Schumann Investments SA		Wheaton (United States)
Dec 27, 2021	Acquisition	Mooney	2020	Milano (Italy)