When was ENMAX founded?

ENMAX was founded in 1905 and raised its 1st funding round 109 years after it was founded.

Where is ENMAX located?

ENMAX is headquartered in Calgary, Canada.

How many employees does ENMAX have?

As of Sep 30, 2026, the latest employee count at ENMAX is 1612.

Is ENMAX a funded company?

ENMAX is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Dec 2014.

When was the latest funding round of ENMAX?

ENMAX's latest funding was a $***** Conventional Debt round on Oct 2019, with participation from 0 investor.

Where does ENMAX rank among its competitors?

ENMAX ranks 11th amongst 199 active competitors, of which 6 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Sawa Energy, which secured $10M in Apr, 2026.

Who are the top competitors of ENMAX?

ENMAX's top competitors include Just Energy, Emera and ATCO Group. Among them, Sawa Energy secured the most recent funding round in April, 2026.

ENMAX - 2026 Company Profile, Funding & Competitors

ENMAX is a funded company based in Calgary (Canada), founded in 1905. It operates as a Provider of electricity and natural gas services, products, and related solutions. ENMAX has raised an undisclosed amount in funding. The company has 199 active competitors, including 6 funded and 31 that have exited. Its top competitors include companies like Just Energy, Emera and ATCO Group.

Company Details

Provider of electricity and natural gas services, products, and related solutions. The company offers electricity and natural gas plans for homes and businesses. It provides options for solar energy, including installation and understanding costs and credits. The company supports projects related to energy, offers support articles, and provides customer service for moving homes.

Website: www.enmax.com/
Social
Email ID: *****@enmax.com
Phone Number: +1 **********

Key Metrics

Founded Year

1905

Location

Calgary, Canada

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Oct 2019, $*****

Ranked

11^th among 199 active competitors

Employee Count

1,612 as on Sep 30, 2026

Investment & Acquisitions

Emera Maine

Similar Companies

Saudi Electricity & 11244 more

View ENMAX's full profile

ENMAX has raised funding over 3 rounds. Its first funding round was on Dec 2014.

Here is the list of recent funding rounds of ENMAX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 2019	6101148	Conventional Debt	9647247	3223495	4230538	1686775
Jun 2018	7067454	Conventional Debt	5510797	9354181	5125782	2940107
Dec 2014	5237121	Conventional Debt	8213129	8914578	5953022	6922156

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View details of ENMAX's funding rounds and investors

ENMAX's employee count trend

ENMAX has 1,612 employees as of Sep 26. Here is ENMAX's employee count trend over the years:

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Top competitors of ENMAX include Just Energy, Emera and ATCO Group. Here is the list of Top 10 competitors of ENMAX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Just Energy 2009, Mississauga (Canada), Acquired	Retail provider of electricity and natural gas commodities	-	Sagard	67/100
2nd	Emera 1919, Halifax (Canada), Public	Operator of regulated utilities providing energy and related services	-	Natural Resources Canada, Maryland & 1 others	66/100
3rd	ATCO Group 1947, Calgary (Canada), Public	Natural gas and electricity distributor	-	-	65/100
4th	Rexel 1967, Paris (France), Public	Provider of electrical product and electricity services	-	Ardian, Clayton Dubilier & Rice & 4 others	63/100
5th	Vivint Solar 2011, Lehi (United States), Acquired	Provider of solar installation and designing services for residential	-	Summit Partners, Citi & 7 others	60/100
6th	EPCOR 1891, Edmonton (Canada), Funding Raised	Provider of water, wastewater, and natural gas utilities	-	Arizona Department of Water Resources	56/100
7th	Sawa Energy 2011, Calgary (Canada), Series A	Provider of on-site solar energy generation systems for commercial businesses	$2.9M	ElectriFI, Renew Capital & 3 others	55/100
8th	SaskPower 1929, Regina (Canada), Unfunded	Provider of app-based smart metering solutions	-	-	55/100
9th	Algonquin Power 1997, Oakville (Canada), Public	Provider of regulated utility services and renewable energy generation	-	-	51/100
10th	AltaLink 2002, Calgary (Canada), Funding Raised	Operator of electrical transmission infrastructure providing power to residential consumers	-	-	50/100
11th	ENMAX 1905, Calgary (Canada), Funding Raised	Provider of electricity and natural gas services, products, and related solutions	-	-	49/100