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Company	Enact Systems
Short Description	Developer of software-as-a-service platform designed to reduce transaction costs and improve financing access for the distributed energy industry
Status	Private
Year Founded	2013
Industry Group	energy & power
Sector	solar
TRL Range	7-8
Country	United States
Nbr Employees	11-50
Revenue Range	$0 - $500k
Total Equity Capital Raised	$11.5M
Last Stage Capital Raised	Series A round of $11.5M 2022
Investors	Energy Growth Momentum, NB Ventures, Arka Venture, Olympus Capital, Alumni Ventures

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Short description

Developer of software-as-a-service platform designed to reduce transaction costs and improve financing access for the distributed energy industry

Founded in 2013

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Company type Private Public ()

Company type

Industry Group energy & power

Sector solar

TRL Range 7-8

TRL 1	Basic research
TRL 2	Technology formulation
TRL 3	Applied research
TRL 4	Small scale prototype
TRL 5	Large scale prototype
TRL 6	Prototype system
TRL 7	Demonstration system
TRL 8	First of a kind commercial system
TRL 9	Full commercial application

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Headquarters Pleasanton, CA Pleasanton, United States

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Updated by Deep Chakraborty at Enact Systems on 10/02/2015

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Deep Chakraborty

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1 financing events

5 investors

1 products

1 M&A items

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05/22/2020	Black & Veatch Black & Veatch A strategic partnership will elevate commercial solar project management in Southeast Asia. View source Confirmed by Black & Veatch	Development Partner	Delete

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09/20/2022	Energy Growth Momentum Energy Growth Momentum , NB Ventures NB Ventures , Arka Venture Arka Venture , Olympus Capital Olympus Capital , Alumni Ventures Alumni Ventures (5) Post-money valuation of Funding will be used to support collaboration between installers and end users. (source)	Series A	$11,500,000	Delete

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Select Image	Description 400/400 characters left Cancel Save			US$/kW (current) US$/kWh (current) US$/kW (projected) US$/kWh (projected)
	www.enact-systems.com Financing platforms for banks, funds and capital houses investing in distributed energy projects.	Wide Commercial Availability	Usage Fees	$/kW (current) $/kW (projected) $/kWh (current) $/kWh (projected)	Delete

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www.enact-systems.com

Financing platforms for banks, funds and capital houses investing in distributed energy projects.

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Developer of software-as-a-service platform designed to reduce transaction costs and improve financing access for the distributed energy industry

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