About Enbala
Enbala is an Energy & Utilities company based in Vancouver (Canada) founded in 2003, and was acquired by Generac Power Systems in October 2020. Technology solutions provider for Distributed Energy Resources(DER). Enbala has raised $49.97 million across 8 funding rounds from investors including National Grid, ABB and General Electric. Enbala offers products and services including Concerto Platform, Flexible Capacity, and Distribution Optimization. Its focus areas include Energy Tech, Smart Grid, Distributed Energy Resources and DERs Management.
Company details
Enbala was founded in 2003 in Vancouver, Canada, and operates in the energy sector. Technology platforms are developed to manage distributed energy resources, ensuring grid balance and optimization. Dispatchable loads are created and aggregated for bidding into energy markets, with responses tailored to grid requirements. Machine learning algorithms are utilized to forecast available capacity. Services are extended to energy retailers, grid operators, traders, and related entities.
- Headquarters Vancouver, Canada
- Stage Acquired
- SectorsEnergy & Utilities
- Website enbala.com
- Social LinkedIn X Facebook YouTube
- Acquired by Generac Power Systems (Oct 2020)
- Total Equity Funding$49.97M (USD)
in 8 rounds
- Latest Funding Round$8.84M (USD), Series B
Apr 2019
- InvestorsNational Grid
& 11 more
- Acquired byGenerac Power Systems
(Oct 2020)
Products & Services of Enbala
Enbala offers a comprehensive portfolio of products and services, including Concerto Platform, Flexible Capacity, and Distribution Optimization.
Orchestrates grid assets to balance supply and demand in real time.
Offers flexible energy capacity for co-op and muni programs.
Optimizes distribution to enhance grid reliability and efficiency.
Apps and channels of Enbala
its YouTube channel Generac Grid Services has 135 subscribers.
Funding Insights of Enbala
Enbala has successfully raised a total of $49.97M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $8.84 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $49.97M
- Total Rounds 8
- Last Round Series B — $8.84M
- First Round $1.8M
(Jun 2012)
- Investors Count 11
All 8 funding rounds of Enbala with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $8.84M | Series B | – | – | – |
| Aug 2017 | $5.5M | Series B | – | ZOMALAB | – |
| Feb 2017 | $12M | Series B | – | ABB | |
| Sep 2015 | $3M | Series A | – | Obvious Ventures | – |
| Mar 2015 | $11M | Series A | – | General Electric, Edison | |
| Jan 2013 | $7.4M | Series A | – | Chrysalix Venture Capital, EnerTech Capital | – |
| Oct 2012 | $2.23M | Seed | – | – | – |
| Jun 2012 | $1.8M | Grant | – | – | – |
12 investors in total: 12 institutional.
Investors in Enbala
Enbala has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include National Grid, ABB and General Electric.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on tech sectors | zomalab.com | Denver, United States | ||
Chrysalix Venture Capital is focused on industrial innovation investments. | chrysalix.com | Vancouver, Canada | ||
Provider of venture capital investments across planetary, human, and economic health | obvious.com | San Francisco, United States | ||
| enertechcapital.com | ||||
| walsinghampartners.com | ||||
| xpvwaterpartners.com | ||||
Diversified operations are conducted across multiple industries worldwide. | 1892 | ge.com | United States | |
National Grid is engaged in providing natural gas and electricity services. | 1990 | nationalgridus.com | Warwick, United Kingdom | |
ABB Group is engaged in industrial automation and energy solutions. | 1988 | global.abb | United States | |
Edison International is engaged in providing electric utility and energy services. | 1886 | edison.com | Rosemead, United States |
Investor details for Enbala
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Enbala
4 dated milestones of Enbala across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Enbala is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Series B, of $8.8M.
- Exit Acquired by Generac Power Systems.
Web traffic of Enbala
Websites that share an audience with Enbala (enbala.com).
Websites whose visitors overlap most with Enbala. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| viridityenergy.com | 100% | View details | |||
| npower.com | 73% | 14.7K | #1,575,618 | View details |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Enbala
Complete news archive for Enbala
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Enbala
Enbala was founded in 2003 and raised its 1st funding round 9 years after it was founded.
Enbala is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Enbala is a funded company, having raised a total of $49.97M across 8 funding rounds to date. The company's 1st funding round was a Grant of $1.8M, raised on Jun 2012.
Enbala was founded in 2003 in Vancouver, Canada, and operates in the energy sector. Technology platforms are developed to manage distributed energy resources, ensuring grid balance and optimization. Dispatchable loads are created and aggregated for bidding into energy markets, with responses tailored to grid requirements. Machine learning algorithms are utilized to forecast available capacity. Services are extended to energy retailers, grid operators, traders, and related entities.
Enbala offers Concerto Platform, Flexible Capacity, and Distribution Optimization.
Enbala has 12 investors. Key investors include National Grid, ABB, General Electric, Generac Power Systems, and Edison International.
Yes. Enbala was acquired by Generac Power Systems in October 2020.