Energate Inc

Ottawa, Canada Founded: 2004 • Age: 22 yrs Acquired By Tantalus
App-based demand response and energy management solutions are provided.
Annual revenue - Latest available
Total funding $7.2M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Energate Inc

Energate Inc is a company based in Ottawa (Canada) founded in 2004 was acquired by Tantalus in August 2017. Energate Inc has raised $7.2 million across 2 funding rounds from investors including Tantalus, Cycle Capital Management and Venture Ontario. Energate Inc offers products and services including HōlHōm, LC2200 Load Control Switch, and Direct Load Control. Energate Inc operates in a competitive market with competitors including Enel X, Particle, Signify, Landis+Gyr and Span.IO, among others.

  • Headquarter Ottawa, Canada
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Energate 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
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.2 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.9 M (USD), Grant

    Jun 11, 2012

  • Investors
    Tantalus

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Tantalus

    (Aug 23, 2017)

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Products & Services of Energate Inc

Energate Inc offers a comprehensive portfolio of products and services, including HōlHōm, LC2200 Load Control Switch, and Direct Load Control.

Product name locked
Category locked
Primary

Device for managing and monitoring home energy use remotely.

Product name locked
Category locked
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Switch that extends smart grid capabilities into residential settings.

Product name locked
Category locked
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System for managing utility energy loads efficiently and responsively.

Funding Insights of Energate Inc

Energate Inc has successfully raised a total of $7.2M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $2.9 million completed in June 2012. 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 Energate Inc

Energate Inc has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Tantalus, Cycle Capital Management and Venture Ontario.

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Venture Fund
Investor Description Founded Year Domain Location
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Venture capital investments are managed for Ontario's technology sector.
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Smart grid communication solutions are provided for utilities by Tantalus.
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Investor details for Energate Inc

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Investments & Acquisitions by Energate Inc

Investments
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Investment portfolio details for Energate Inc

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Financial Statements - Energate Inc

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Detailed financials for Energate Inc

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Energate Inc Comparisons

Energate Inc Primary company
Description
App-based demand response and energy management solutions ar...
Location
Ottawa, Canada
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Energate Inc

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Competitors of Energate Inc

Energate Inc 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 Enel X, Particle, Signify, Landis+Gyr and Span.IO, among others.

Company Name Domain Founded year HQ Location Description
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Utility-scale renewable energy projects are developed by Enel X.
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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Energy efficiency and smart grid management solutions
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Detailed competitors of Energate Inc

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Latest news on Energate Inc

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Frequently Asked Questions about Energate Inc

Energate Inc was founded in 2004 and raised its 1st funding round 6 years after it was founded.

Energate Inc is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

Energate Inc is a funded company, having raised a total of $7.2M across 2 funding rounds to date.

Energate was founded in 2004 in Ottawa, Canada, within the energy sector. Demand response solutions are delivered through a vertically integrated platform that connects consumers for energy management. Software tools are offered to support efficient energy use, with an Android app facilitating access. Operations center on app-based technologies to enable demand response in residential and commercial settings.

Energate Inc's top competitors include Enel X, Particle and Landis+Gyr.

Energate Inc offers HōlHōm, LC2200 Load Control Switch, and Direct Load Control.

Energate Inc has 3 investors. Key investors include Tantalus, Cycle Capital Management, and Venture Ontario.

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