When was Enphase Energy founded?

Enphase Energy was founded in 2006.

Where is Enphase Energy located?

Enphase Energy is headquartered in Fremont, United States.

How many employees does Enphase Energy have?

As of May 31, 2026, the latest employee count at Enphase Energy is 2940.

Is Enphase Energy a funded company?

Enphase Energy is a funded company, having raised a total of $100M across 9 funding rounds to date. The company's 1st funding round was a $***** Series D round.

When was the latest funding round of Enphase Energy?

Enphase Energy's latest funding was a $***** Post IPO round on Feb 25, 2021, with participation from 0 investor.

What is the annual revenue of Enphase Energy?

Annual revenue of Enphase Energy is $1.47B as on Dec 31, 2025.

Where does Enphase Energy rank among its competitors?

Enphase Energy ranks 2nd amongst 17 active competitors, of which 5 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was AdvanSol, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Enphase Energy?

Enphase Energy's top competitors include SolarEdge, APsystems and Deye Inverter. Among them, AdvanSol secured the most recent funding round in October, 2025.

Enphase Energy - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Manufacturer of micro-inverter and energy storage systems. It offers a solar monitoring tool which allows customers to monitor the solar energy production and consumption. Its products include microinverters, batteries, accessories, and more.

Website: enphase.com
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Key Metrics

Founded Year

2006

Location

Fremont, United States

Stage

Public

Total Funding

$100M in 9 rounds

Latest Funding Round

Post IPO, Feb 25, 2021, $*****

Investors

Kleiner Perkins & 17 more

Ranked

2^nd among 17 active competitors

Annual Revenue

$1.47B as on Dec 31, 2025

Employee Count

2,940 as on May 31, 2026

Investment & Acquisitions

Volteras & 10 more

Similar Companies

SolarEdge & 18 more

Exit Details

Public

View Enphase Energy's full profile

Enphase Energy is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Enphase Energy, Inc CIN: 4118583 , United States, Active	Mar 19, 2006	$2.33B (As on Dec 31, 2022)	-	-
ENPHASE SOLAR ENERGY PRIVATE LIMITED CIN: U74999KA2017FTC104934 , India, Active	Jul 24, 2017	$144M (As on Mar 31, 2025)	1697 (As on Aug 01, 2025)
ENPHASE ENERGY, INC. CIN: 1463101 , United States, Active	Mar 19, 2006	$1.47B (As on Dec 31, 2025)	3157 (As on Dec 31, 2023)	-
Enphase Energy, Inc. CIN: 216476390 , United States, Active	Aug 23, 2023	-	-	-

Enphase Energy got listed on Mar 30, 2012.

Click here to take a look at Enphase Energy's IPO in detail

Enphase Energy has raised a total funding of $100M over 9 rounds. Enphase Energy has 17 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Enphase Energy:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 25, 2021	9646941	Post IPO	3588661	7009722	3266435	3513399
Sep 01, 2020	9465483	Grant (prize money)	6171124	7715739	3097204	Europa
Jan 10, 2017	4684742	Post IPO	4444217	7417543	4768422	John Doerr

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View details of Enphase Energy's funding rounds and investors

Enphase Energy's employee count trend

Enphase Energy has 2,940 employees as of May 26. Here is Enphase Energy's employee count trend over the years:

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Top competitors of Enphase Energy include SolarEdge, APsystems and Deye Inverter. Here is the list of Top 10 competitors of Enphase Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SolarEdge 2006, Herzliya (Israel), Acquired	Manufacturer of smart solar inverters	$96.8M	Vertex Ventures Israel, Norwest & 18 others	83/100
2nd	Enphase Energy 2006, Fremont (United States), Public	Manufacturer of micro-inverter and energy storage systems	$100M	Western Alliance Bank, Gynther Capital & 16 others	81/100
3rd	APsystems 2009, Seattle (United States), Unfunded	Solar Micro inverter manufacturers	-	-	63/100
4th	Deye Inverter 2007, Ningbo (China), Unfunded	Manufacturer of inverters, energy storage systems, and related power products	-	-	52/100
5th	NEP 2009, San Jose (United States), Series B	Manufacturer of solar inverters	-	Restone Capital, Tai Partners	44/100
6th	Hyxi Technology 2022, Hangzhou (China), Unfunded	Provider of solar powered inverters	-	-	42/100
7th	AdvanSol 2023, Suzhou (China), Seed	Provider of micro-string inverters and module-level power electronics for solar energy systems	-	Edge ventures, Fenghe Capital	42/100
8th	OptiSolar Technologies 2005, Hayward (United States), Deadpooled	Manufactured thin film solar modules	$334M	Kensington Capital Partners, Richardson Capital	41/100
9th	Energy24by7 2017, Kollam (India), Funding Raised	Mobile app that allows users to monitor energy	-	AIC-CCMB, Ministry of Electronics & Information Technology ... & 1 others	37/100
10th	Imeon Energy 2013, Brest (France), Seed	Manufacturer of solar inverters with AI capability	$1.83M	Bpifrance, Pleiade Venture & 2 others	36/100

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Enphase Energy has made 3 investments in companies including Volteras and Upstart Power. Enphase Energy has also acquired 8 companies including GreenCom Networks and SolarLeadFactory.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 14, 2023	Investments	Volteras	2020	London (United Kingdom)
Nov 07, 2022	Investments	Upstart Power	2017	Boston (United States)
Aug 29, 2022	Acquisition	GreenCom Networks	2011	Munich (Germany)