About Enercare
Enercare is a company based in Markham (Canada) founded in 2002 was acquired by Brookfield Asset Management in August 2018.. Enercare has completed 2 acquisitions, including HydroSolution and Syles Mechanical. Enercare offers products and services including Heating Services, Cooling Services, Water Heaters, and Plumbing Services. Enercare operates in a competitive market with competitors including LArtisan du Plancher, Home WRX and The Organized, among others.
- Headquarter Markham, Canada
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Sectors
Business ServicesReal Estate & Construction Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Enercare Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Brookfield Asset Management
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
HydroSolution
& 1 more
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Acquired by
Brookfield Asset Management
(Aug 01, 2018)
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Products & Services of Enercare
Enercare offers a comprehensive portfolio of products and services, including Heating Services, Cooling Services, Water Heaters, and Plumbing Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Repair and installation of furnaces and boilers for home comfort
Air conditioner maintenance and rental options
Supply and repair of tankless water heating systems
Repair and protection plans for drains and pipes
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Software Development Team
13 people
Finance and Accounting
10 people
Sales and Marketing
9 people
Leadership Team
6 people
Senior Team
6 people
Human Resources and Administration
5 people
Product Management Team
4 people
Manager Team
2 people
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Funding Insights of Enercare
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2011 | Amount | Private Equity Round - Enercare | Valuation | Octavian |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Enercare
Enercare has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Brookfield Asset Management and Octavian. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Focus is placed on real estate and renewable energy investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Enercare
Enercare has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HydroSolution and Syles Mechanical. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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HVAC services are provided in Tecumseh, Canada, since 1967.
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1967 | ||||
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Water heaters, charging points, and related services are provided.
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1958 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Enercare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Enercare Comparisons
Competitors of Enercare
Enercare 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 LArtisan du Plancher, Home WRX and The Organized, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Flooring services are provided to homeowners via an online platform.
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| domain | founded_year | HQ Location |
An on-demand platform connecting users with licensed professionals for home improvement services.
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering cabinets and storage solutions for homes and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Enercare
Frequently Asked Questions about Enercare
When was Enercare founded?
Enercare was founded in 2002 and raised its 1st funding round 9 years after it was founded.
Where is Enercare located?
Enercare is headquartered in Markham, Canada. It is registered at Markham, Ontario, Canada.
What does Enercare do?
Enercare was founded in 2002 and is based in Markham, Canada. Operations focus on the energy and facilities management sector, where smart metering devices for real-time utility monitoring in multi-residential and commercial settings are supplied. HVAC services encompass installation, maintenance, and protection for heating, cooling, water heating, and plumbing systems in residential and industrial contexts.
Who are the top competitors of Enercare?
Enercare's top competitors include LArtisan du Plancher, Home WRX and The Organized.
What products or services does Enercare offer?
Enercare offers Heating Services, Cooling Services, Water Heaters, and Plumbing Services.
How many acquisitions has Enercare made?
Enercare has made 2 acquisitions, including HydroSolution, and Syles Mechanical.
Who are Enercare's investors?
Enercare has 2 investors. Key investors include Brookfield Asset Management, and Octavian.