Encycle

Toronto, Canada Founded: 2005 • Age: 21 yrs
Wireless energy management solutions are provided for demand reduction.
Annual revenue - Latest available
Total funding $58.2M 10 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Encycle

Encycle is a company based in Toronto (Canada) founded in 2005. Encycle has raised $58.21 million across 10 funding rounds from investors including BDC, Export Development Canada and Cycle Capital. Encycle offers products and services including Swarm Logic and Swarm DR. Encycle operates in a competitive market with competitors including NIBE Group, GridPoint, Eneco, Swell Energy and BrainBox AI, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Encycle Technologies, Inc.
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $58.21 M (USD)

    in 10 rounds

  • Latest Funding Round
    $7.5 M (USD), Series C

    May 12, 2021

  • Investors
    BDC

    & 9 more

  • Employee Count
    Not available
Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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

Products & Services of Encycle

Encycle offers a comprehensive portfolio of products and services, including Swarm Logic and Swarm DR.

Product name locked
Category locked
Primary

AI-driven tool for real-time HVAC efficiency and energy savings.

Product name locked
Category locked
Locked

Enables energy strategy optimization for grid stability and cost reduction.

People of Encycle

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Lindsay Coates
EVP, Finance
People
Brad Rittler
Vice President, Channel Sales & Business Development
People
Ana-Paula Issa
EVP, Sales
People
Andrew Stickler
Executive Vice President, Engineering

Unlock access to complete

Funding Insights of Encycle

Encycle has successfully raised a total of $58.21M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $7.5 million completed in May 2021. 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.

Investors in Encycle

Encycle has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC, Export Development Canada and Cycle Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Cycle Capital is engaged in venture capital for clean tech innovations.
Locked Locked Locked
Fulmer & Company is engaged in family office investments.
Locked Locked Locked
Climate companies are invested in by this venture capital firm.
Locked Locked Locked
Premium access

Investor details for Encycle

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Encycle

Investments
Premium access

Investment portfolio details for Encycle

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Encycle

Premium access

Detailed financials for Encycle

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Encycle Comparisons

Encycle Primary company
Description
Wireless energy management solutions are provided for demand...
Location
Toronto, Canada
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Encycle

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Encycle

Encycle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NIBE Group, GridPoint, Eneco, Swell Energy and BrainBox AI, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of sustainable energy solutions contributing to reducing greenhouse gas emissions globally
Locked Locked Locked
Provider of data-driven energy management solutions
Locked Locked Locked
Producer and supplier of natural gas, electricity, and heat
Locked Locked Locked
Reseller and installer of energy storage devices
Locked Locked Locked
AI and SaaS-driven HVAC optimization for commercial buildings is provided.
Locked Locked Locked
Submeter billing and overtime HVAC management services are provided.
Premium access

Detailed competitors of Encycle

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Encycle

Premium access

Complete news archive for Encycle

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 Encycle

Encycle was founded in 2005 and raised its 1st funding round 3 years after it was founded.

Encycle is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Encycle is a funded company, having raised a total of $58.21M across 10 funding rounds to date.

Encycle was founded in 2005 in Toronto, Canada, and operates in the energy management sector. Wireless solutions are offered through enviro grid swarm logic controllers, which are attached to electrical loads such as air conditioners, heaters, and pumps. These controllers communicate and coordinate to lower electrical demand in commercial, industrial, institutional, and multi-unit residential facilities across various regions.

Encycle's top competitors include BuildOps, Genea and Eneco.

Encycle offers Swarm Logic and Swarm DR.

Encycle has 10 investors. Key investors include BDC, Export Development Canada, Cycle Capital, Fulmer & Company, and Prelude Ventures.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available