When was Enode founded?

Enode was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Enode located?

Enode is headquartered in Oslo, Norway.

Who is the current CEO of Enode?

Henrik Langeland of Enode. They have also founded 1 company and are angel investors in 5 startups, including ALVA.

How many employees does Enode have?

As of Jun 30, 2026, the latest employee count at Enode is 63.

Is Enode a funded company?

Enode is a funded company, having raised a total of $17.3M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2021.

When was the latest funding round of Enode?

Enode's latest funding was a $***** Series A round on Nov 02, 2022, with participation from 7 investors.

Where does Enode rank among its competitors?

Enode ranks 9th amongst 126 active competitors, of which 37 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Axle Energy, which secured $25M in Jul, 2026.

Who are the top competitors of Enode?

Enode's top competitors include Virtual Peaker, Franklin Energy and Axle Energy. Among them, Axle Energy secured the most recent funding round in July, 2026.

Enode - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of unified API platform that connects and controls energy devices. It enables businesses to connect, monitor, and control a wide range of distributed energy devices through a single API integration. It supports integration with electric vehicles, home charging systems, solar inverters, batteries, and HVAC systems, allowing developers to access real-time device data and implement smart energy use cases such as automated charging, demand response, and grid flexibility. It also provides optimization and aggregation capabilities to help energy retailers, utilities, and mobility providers improve energy efficiency, reduce costs, and build scalable virtual power plant solutions for participating in energy markets.

Website: enode.com
Social
Email ID: *****@enode.io

Key Metrics

Founded Year

2019

Location

Oslo, Norway

Stage

Series A

Total Funding

$17.3M in 4 rounds

Latest Funding Round

Series A, Nov 02, 2022, $*****

Investors

Y Combinator & 14 more

Ranked

9^th among 126 active competitors

Employee Count

63 as on Jun 30, 2026

Investment & Acquisitions

Mimir

Similar Companies

Virtual Peaker & 136 more

View Enode's full profile

Enode is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ENODE AS CIN: 925091421 , Norway, Active	May 18, 2020	-	21 (As on Dec 31, 2023)

Enode has raised a total funding of $17.3M over 4 rounds. Its first funding round was on 2021. Its latest funding round was a Series A round on Nov 02, 2022 for $*****. 7 investors participated in its latest round. Enode has 10 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Enode:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 02, 2022	4177611	Series A	3512059	2194858	4256227	1361771
2022	1248	Seed	9022	2759	1646	4610
Jul 15, 2021	4209319	Seed	4591946	8974168	Alliance Venture & 1 more	Lowercarbon Capital & 5 more

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View details of Enode's funding rounds and investors

The founders of Enode is Henrik Langeland. Henrik Langeland is the CEO of Enode.

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

Henrik Langeland: Co-Founder & CEO of Enode and founder of 2 other companies, Enode and ALVA. They are also an angel investor in 5 startups.
Contact Info: 1 email address

View details of Enode's Founder profiles and Board Members

Enode's employee count trend

Enode has 63 employees as of Jun 26. Here is Enode's employee count trend over the years:

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Top competitors of Enode include Virtual Peaker, Franklin Energy and Axle Energy. Here is the list of Top 10 competitors of Enode, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Virtual Peaker 2015, Louisville (United States), Series A	Provider of solutions for demand response and energy intelligence	$19.8M	Moore Strategic Ventures, FreshTracks Capital ... & 5 others	60/100
2nd	Franklin Energy 1994, Milwaukee (United States), Acquired	Provider of energy efficiency and decarbonization program implementation services	-	Invesco, First Capital Partners & 4 others	60/100
3rd	Axle Energy 2023, London (United Kingdom), Series A	Provider of a platform connecting home energy assets to electricity markets	$35.6M	Accel, Energize Capital & 6 others	59/100
4th	GridBeyond 2007, London (United Kingdom), Series C	Provider of software for managing distributed energy resources and assets	$89.9M	Enterprise Ireland, Greencoat Capital & 41 others	59/100
5th	Voltus 2016, Boston (United States), Series C	Provider of demand response solutions for industrial and commercial applications	$66.2M	NGP Energy Technology Partners, Activate Capital ... & 4 others	57/100
6th	Autogrid 2011, Redwood City (United States), Acquired	IoT enabled distributed energy resource management solutions provider	$160M	Foundation Capital, Energy Impact Partners ... & 23 others	57/100
7th	GreenCom Networks 2011, Munich (Germany), Acquired	Cloud & AI-based mesh networking management solutions provider	$17.8M	innogy Innovation Hub, Shell & 17 others	55/100
8th	Arenko 2014, London (United Kingdom), Series A	Provider of software for automated control of energy storage assets	$25.6M	HICO, Lionheart Capital & 11 others	55/100
9th	Enode 2019, Oslo (Norway), Series A	Developer of unified API platform that connects and controls energy devices	$17.3M	Creandum, BoxGroup & 13 others	55/100
10th	Entech smart energies 2016, Quimper (France), Public	Provider of distributed grid management solutions	$9.23M	EIT InnoEnergy, Épopée Gestion	55/100