When was Engrate founded?

Engrate was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is Engrate located?

Engrate is headquartered in Stockholm, Sweden.

How many employees does Engrate have?

As of Sep 30, 2026, the latest employee count at Engrate is 11.

Is Engrate a funded company?

Engrate is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jun 13, 2025.

When was the latest funding round of Engrate?

Engrate's latest funding was a $***** Seed round on Jun 13, 2025, with participation from 3 investors.

Where does Engrate rank among its competitors?

Engrate ranks 7th amongst 86 active competitors, of which 8 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Utilidata, which secured $40M in May, 2026.

Who are the top competitors of Engrate?

Engrate's top competitors include Arcadia, Utilidata and Texture. Among them, Utilidata secured the most recent funding round in May, 2026.

Engrate - 2026 Company Profile, Team, Funding & Competitors

Engrate is a seed company based in Stockholm (Sweden), founded in 2024 by Christopher Engman and Patrik Fagerfjäll. It operates as a Provider of an API for accessing and managing energy tariff data. Engrate has raised $2.89M in funding from Maniv Mobility. The company has 86 active competitors, including 8 funded and 9 that have exited. Its top competitors include companies like Arcadia, Utilidata and Texture.

Company Details

Provider of an API for accessing and managing energy tariff data. The API offers access to power tariffs from various distribution system operators. It facilitates querying by coordinates, metering grid area, or address. The API is designed for integration with AI applications. It provides standardized interfaces across energy markets.

Key Metrics

Founded Year

2024

Location

Stockholm, Sweden

Stage

Seed

Total Funding

$2.89M in 1 round

Latest Funding Round

Seed, Jun 13, 2025, $*****

Investors

Maniv Mobility & 3 more

Ranked

7^th among 86 active competitors

Employee Count

11 as on Sep 30, 2026

Similar Companies

Arcadia & 104 more

View Engrate's full profile

Engrate has raised a total funding of $2.89M over 1 round. Its latest funding round was a Seed round on Jun 13, 2025 for $*****. 3 investors participated in its latest round. Engrate has 4 institutional investors.

Here is the list of recent funding rounds of Engrate:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 13, 2025	7124692	Seed	4542260	5432476	2894540	3574525

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View details of Engrate's funding rounds and investors

The founders of Engrate are Christopher Engman and Patrik Fagerfjäll.

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

Christopher Engman: Co-Founder and Chairman of Engrate and founder of 7 other companies, including Retain24, Vendemore and Megadeals.
Patrik Fagerfjäll: Founder of Engrate and founder of 1 other company.

View details of Engrate's Founder profiles and Board Members

Engrate's employee count trend

Engrate has 11 employees as of Sep 26. Here is Engrate's employee count trend over the years:

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Top competitors of Engrate include Arcadia, Utilidata and Texture. Here is the list of Top 10 competitors of Engrate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Arcadia 2014, Washington, DC (United States), Series D	Provider of clean energy data platform and solutions for businesses. It offers end-to-end energy management solutions, streamlining data and processes for enterprises and energy innovators. Services include utility bill management, energy procurement advisory, and sustainability reporting. The platform supports various use cases for energy service providers, such as optimizing solar and storage solutions, EV charging, energy management, and property management. It helps clients lower utility costs, achieve sustainability goals, and improve energy efficiency.	$566M	G2 Venture Partners, Magnetar & 42 others	69/100
2nd	Utilidata 1983, Providence (United States), Series C	Developer of an autonomous power management platform for critical infrastructure	$186M	http://renowncapital.com, Keyframe & 11 others	65/100
3rd	Texture 2023, New York City (United States), Series A	Provider of data infrastructure for energy networks	$23M	VoLo Earth Ventures, Equal Ventures & 6 others	57/100
4th	Ascend Analytics 2002, Boulder (United States), Seed	Provider of software and consulting for power industry decision-making	-	Rubicon Technology Partners, Silversmith & 1 others	55/100
5th	Urjanet 2010, Atlanta (United States), Acquired	Automated Utility Data	$44.9M	GRA Venture Fund, Oak HC/FT & 10 others	42/100
6th	Greenbird 2010, Oslo (Norway), Acquired	Cloud-native integration and data platform	$10.8M	EnBW New Ventures, Nysno & 9 others	42/100
7th	Engrate 2024, Stockholm (Sweden), Seed	Provider of an API for accessing and managing energy tariff data	$2.89M	Maniv Mobility, Eviny & 2 others	40/100
8th	Nectar 2022, San Francisco (United States), Funding Raised	Provider of utility data management platform for sustainability and ESG teams	-	Climate Capital, Y Combinator & 1 others	38/100
9th	Openvolt 2023, Dublin (Ireland), Seed	API for smart meter data	$1.6M	Cavalry Ventures, Übermorgen Ventures	38/100
10th	ElectraLink 1998, London (United Kingdom), Unfunded	Cloud-based energy data networks, APIs, analytics platforms, and digital infrastructure	-	-	38/100