About Enercast
Enercast is a company based in Kassel (Germany) founded in 2011.. Enercast has raised $2.96 million across 2 funding rounds from investors including Innogy Venture Capital and High-Tech Gründerfonds. The company has 21 employees as of December 31, 2020. Enercast offers products and services including Power Forecast Service. Enercast operates in a competitive market with competitors including Vaisala, ClimateAI, Meteomatics, Meteoblue and Arabia Weather, among others.
- Headquarter Kassel, Germany
- Employees 21 as on 31 Dec, 2020
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Sectors
EnvironmentEnergy & Utilities
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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 Enercast Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.96 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Innogy Venture Capital
& 1 more
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Employee Count
21
as on Dec 31, 2020
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Products & Services of Enercast
Enercast offers a comprehensive portfolio of products and services, including Power Forecast Service. 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.
AI-powered tool for predicting wind and solar energy output accurately.
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Funding Insights of Enercast
Enercast has successfully raised a total of $2.96M across 2 strategic funding rounds. 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 Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(17 Apr 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2014 | Amount | Series B - Enercast | Valuation | Innogy Venture Capital , HTGF |
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| Apr, 2012 | Amount | Series A - Enercast | Valuation | Innogy Venture Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Enercast
Enercast has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Innogy Venture Capital and High-Tech Gründerfonds. 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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Early-stage investments are made in high-tech startups by HTGF.
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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 Enercast
| 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 |
Financial Statements - Enercast
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Enercast Comparisons
Competitors of Enercast
Enercast 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 Vaisala, ClimateAI, Meteomatics, Meteoblue and Arabia Weather, 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 |
Data management solutions and measurement products are provided by Vaisala.
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| domain | founded_year | HQ Location |
AI-driven farm management and climate resilience services are provided.
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| domain | founded_year | HQ Location |
Weather analytics data solutions are provided using drones.
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| domain | founded_year | HQ Location |
Weather forecasts and historical data are delivered globally.
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| domain | founded_year | HQ Location |
Weather data and forecasts are delivered across the Arab world.
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| domain | founded_year | HQ Location |
Atmospheric data and weather forecasting are delivered via balloon networks.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Enercast
Frequently Asked Questions about Enercast
When was Enercast founded?
Enercast was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Enercast located?
Enercast is headquartered in Kassel, Germany. It is registered at Kassel, Hesse, Germany.
Is Enercast a funded company?
Enercast is a funded company, having raised a total of $2.96M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.96M, raised on Apr 17, 2012.
How many employees does Enercast have?
As of Dec 31, 2020, the latest employee count at Enercast is 21.
What does Enercast do?
Enercast was founded in 2011 in Kassel, Germany, and operates within the renewable energy sector. Forecasting solutions tailored for energy integration and trading are delivered to support resource management. Accurate predictions are generated to aid operational planning and decision-making. Reliability and cost-effectiveness in energy systems are addressed through these services, with a focus on practical applications across the industry.
Who are the top competitors of Enercast?
Enercast's top competitors include Vaisala, ClimateAI and WindBorne Systems.
What products or services does Enercast offer?
Enercast offers Power Forecast Service.
Who are Enercast's investors?
Enercast has 2 investors. Key investors include Innogy Venture Capital, and High-Tech Gründerfonds.