Enel X

Boston, United States Founded: 2001 • Age: 25 yrs Listed Acquired By China Southern Power Grid
Utility-scale renewable energy projects are developed by Enel X.

About Enel X

Enel X is an Energy & Utilities company based in Boston (United States) founded in 2001, and was acquired by China Southern Power Grid in February 2024. Utility-scale renewable energy projects are developed by Enel X. Enel X has raised $168.67 million across 12 funding rounds from investors including European Union, MassCEC and Foundation Capital. Enel X has completed 6 acquisitions, including CityPoste Payment, Mooney and PayTipper. Its website enelx.com draws about 128 thousand monthly visits. Enel X offers products and services including Energy Management Solutions, Electric Mobility Services, and Smart Home Technologies. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its legal entity is Enel X Italia S.r.l. Its competitors include PowerSecure, Origis Energy and Hillman Group; 1 of its 3 listed competitors has raised funding.

Company details

Enel X was founded in 2001 and is headquartered in Boston, United States. The company operates within the renewable energy sector, with a focus on the development of utility-scale projects. These initiatives are designed to support large-scale energy generation and distribution. Services encompass project planning, construction, and integration into utility networks. Geographic operations are primarily based in the United States, aligning with broader sustainability efforts in the energy industry.

  • Headquarters Boston, United States
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Website category Heavy Industry and Engineering · Energy Industry
  • Email
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  • Phone
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  • Website enelx.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by China Southern Power Grid (Feb 2024)
  • Legal Name Enel X Italia S.R.L.
Key Metrics

Products & Services of Enel X

Enel X offers a comprehensive portfolio of products and services, including Energy Management Solutions, Electric Mobility Services, and Smart Home Technologies.

Energy Management Solutions
Energy Efficiency

Tools for optimizing energy consumption and reducing costs.

Electric Mobility Services
Transport Solutions

Services for electric vehicle charging and fleet management.

Smart Home Technologies
Consumer Electronics

Solutions for home energy monitoring and automation systems.

Apps and channels of Enel X

its YouTube channel Enel X has 4.59K subscribers and 30 videos.

Enel X
YouTube 4.59K subscribers 30 videos Autos & Vehicles
Open channel

Videos from Enel X

The most watched videos on Enel X's YouTube channel, Enel X (4.59K subscribers). Click a video to play it here.

Obiettivo Comune – On the road | Legnano
417.9K views
Obiettivo Comune – On the road | Roma
390.7K views
Obiettivo Comune – On the road | Sesto San Giovanni
354K views
Obiettivo Comune – On the road | Catania
280.6K views

More on Enel X.

Funding Insights of Enel X

Enel X has successfully raised a total of $168.67M across 12 strategic funding rounds. The most recent funding activity was a Grant round of $279 thousand completed in January 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.

  • Total Funding $168.67M
  • Total Rounds 12
  • Last Round Grant β€” $279,004
  • First Round $7.75M

    (Jan 2005)

  • Investors Count 7

Latest 10 of 12 funding rounds of Enel X with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$279,004Grant––
Sep 2020Grant––
Feb 2020$1.05MGrant––
Jun 2019$418,683Grant––
May 2019Series A––
Sep 2018$16.44MGrant––
Jan 2018$2.42MGrant––
Jul 2017$360,344Grant––
Jul 2016$673,181Seed––
–
Aug 2014$160MSeries C––
–
Valuation history

8 investors in total: 8 institutional.

Investors in Enel X

Enel X has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, MassCEC and Foundation Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Accelerator & incubator focused on clean energy firms
2009masscec.comBoston, United States
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
1995foundationcapital.comPalo Alto, United States
Investments are made in US expansion-stage energy and tech companies.
braemarenergy.comNew York, United States
US focused VC firm
dfj.comMenlo Park, United States
Investments are made in US seed and early-stage tech companies.
nav.vcReston, United States
Venture capital is provided to early-stage startups by this fund.
eif.vcSan Francisco, United States
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Electricity supply and grid management are provided across southern China.
2002csg.cnChina
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Investor details for Enel X

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Enel X

Enel X has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include CityPoste Payment, Mooney and PayTipper.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Investment management and financial planning services are provided.
Wheaton, United States0Jul 2022$314M
Mooney is engaged in providing payment and mobility solutions.
mooneygroup.itMilano, Italy2020Dec 2021β€’β€’β€’β€’
Payment facilitation and merchant accounts are provided to businesses.
cppspa.itMosciano Sant Angelo, Italy2011Dec 2020β€’β€’β€’β€’
Bill payments and money transfers are facilitated by PayTipper.
paytipper.comMilan, Italy2011Nov 2019β€’β€’β€’β€’
Equity-based crowdfunding platform focused on energy projects
worldenergysolutions.co.ukLondon, United Kingdom2018Nov 2014$76M
Energy management services are provided from Worcester, United States.
worldenergy.comWorcester, United States1996Nov 2014$76M
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Complete acquisition details for Enel X

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Enel X

11 dated milestones of Enel X across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded Enel X is founded.
  2. Funding First funding round of $7.8M.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires World Energy.
  5. Acquisition Acquires World Energy Solutions.
  6. Acquisition Acquires PayTipper.
  7. Acquisition Acquires CityPoste Payment.
  8. Funding Latest funding round, Grant, of $279K.
  9. Acquisition Acquires Mooney.
  10. Acquisition Acquires Schumann Investments SA.
  11. Exit Acquired by China Southern Power Grid.

Competitors of Enel X

Enel X has 3 listed competitors in our database, 1 of them funded. They include PowerSecure, Origis Energy and Hillman Group.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
powersecure.com1991Wake Forest, United States1,030
Energy efficiency and smart grid management solutions
origisenergy.com2008Miami, United States$149M
Utility-scale and commercial solar projects are developed worldwide.
hillmangroup.com1964Cincinnati, United States3,324
Hardware and home improvement products are supplied to retail markets.
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Detailed competitors of Enel X

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
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Verified entity values are shown only after access is granted.

Web traffic of Enel X

The website of Enel X (enelx.com) receives about 128.1K visits a month and ranks #313,063 among all websites worldwide, #3,554 in Energy Industry.

  • Monthly visits
    128.1K

    ▼ 8.5% vs previous month

  • Unique visitors
    70.6K

    per month

  • Global rank
    #313,063

    among all websites

  • Category rank
    #3,554

    Heavy Industry and Engineering · Energy Industry

Similar websites

Websites whose visitors overlap most with Enel X. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
energiatotal.com.br
energiatotal.com.br
100%
#2,158,392–
enelxstore.com
96%
#410,244View details
e-solare.com
e-solare.com
96%
#1,661,896–
enelxway.com
enelxway.com
90%
#2,026,851–
enel.com
90%
7.2M#9,492View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Enel X

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
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Verified entity values are shown only after access is granted.

Top companies in Energy Efficiency Solutions

3 companies that operate in the same segment as Enel X (Energy Efficiency Solutions) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M109
Provider of smart energy management solutions
2013Sunnyvale, California, United StatesUSD 534.75 M204
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Related news about Enel X

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Complete news archive for Enel X

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Frequently Asked Questions about Enel X

Enel X was founded in 2001 and raised its 1st funding round 4 years after it was founded.

Enel X is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Enel X is a funded company, having raised a total of $168.67M across 12 funding rounds to date. The company's 1st funding round was a Series C of $160M, raised on Jan 2005.

Enel X was founded in 2001 and is headquartered in Boston, United States. The company operates within the renewable energy sector, with a focus on the development of utility-scale projects. These initiatives are designed to support large-scale energy generation and distribution. Services encompass project planning, construction, and integration into utility networks. Geographic operations are primarily based in the United States, aligning with broader sustainability efforts in the energy industry.

Enel X's top competitors include PowerSecure, Origis Energy and Hillman Group.

Enel X offers Energy Management Solutions, Electric Mobility Services, and Smart Home Technologies.

Enel X has made 6 acquisitions, including CityPoste Payment, Mooney, and PayTipper.

Enel X has 8 investors. Key investors include European Union, MassCEC, Foundation Capital, Braemar Energy Ventures, and DFJ.

Enel X operates through Enel X Italia S.R.L..

Yes. Enel X was acquired by China Southern Power Grid in February 2024.

The website of Enel X receives about 128 thousand visits a month and ranks #313,063 among all websites worldwide.

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