About energyX Solutions
energyX Solutions is a company based in Toronto (Canada) founded in 2016 was acquired by Apogee in February 2024. energyX Solutions has raised $2.92 million across 4 funding rounds from investors including Globalive Capital, BDC and Apogee. energyX Solutions operates in a competitive market with competitors including Enel X, Particle, ecobee, Signify and Landis+Gyr, among others.
- Headquarter Toronto, Canada
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Sectors
Business ServicesEnergy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.92 M (USD)
in 4 rounds
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Latest Funding Round
$748.02 K (USD), Seed
Aug 10, 2020
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Investors
Globalive Capital
& 7 more
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Employee Count
Not available
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Acquired by
Apogee
(Feb 07, 2024)
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Funding Insights of energyX Solutions
energyX Solutions has successfully raised a total of $2.92M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $748.02 thousand completed in August 2020. 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 energyX Solutions
energyX Solutions has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Globalive Capital, BDC and Apogee.
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Early-stage technology startups are supported through investments by MaRS IAF.
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Venture capital is provided to Canadian tech and offline companies.
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Impact investments are directed toward UK and Indian tech companies.
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Investor details for energyX Solutions
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Investments & Acquisitions by energyX Solutions
Investment portfolio details for energyX Solutions
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Financial Statements - energyX Solutions
Detailed financials for energyX Solutions
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Energyx Solutions Comparisons
Peer comparison for energyX Solutions
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Competitors of energyX Solutions
energyX Solutions 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, ecobee, Signify and Landis+Gyr, 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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Provider of smart thermostats for commercial and residential applications
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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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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Detailed competitors of energyX Solutions
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Latest news on Energyx Solutions
Complete news archive for energyX Solutions
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Frequently Asked Questions about energyX Solutions
energyX Solutions was founded in 2016 and raised its 1st funding round 2 years after it was founded.
energyX Solutions is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
energyX Solutions is a funded company, having raised a total of $2.92M across 4 funding rounds to date.
Founded in 2016 in Toronto, Canada, energyX Solutions operates in the energy efficiency sector. An app is provided to energy service companies for conducting audits on homes and small-to-medium businesses. Building profiles are analyzed using a proprietary algorithm to identify upgrades and retrofits. Actionable recommendations are generated in under 15 minutes to reduce energy bills.
energyX Solutions has 8 investors. Key investors include Globalive Capital, BDC, Apogee, MaRS IAF, and Impact Investment Partners.