About Enevo
Enevo is a company based in Espoo (Finland) founded in 2010 was acquired by Reen in June 2021. Enevo has raised $38.67 million across 8 funding rounds from investors including Foxconn Electronics, European Investment Bank and European Union. Enevo offers products and services including Enevo Platform, Sensors, and Dynamic Routing Engine. Enevo operates in a competitive market with competitors including Rubicon, Sensoneo, Bigbelly Solar, Evreka and Orbisk, among others.
- Headquarter Espoo, Finland
-
Sectors
EnvironmentTechnology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Enevo, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$38.67 M (USD)
in 8 rounds
-
Latest Funding Round
$12 M (USD), Series B
Sep 22, 2017
-
Investors
Foxconn Electronics
& 13 more
-
Employee Count
Not available
-
Acquired by
Reen
(Jun 08, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Enevo
Enevo offers a comprehensive portfolio of products and services, including Enevo Platform, Sensors, and Dynamic Routing Engine.
Cloud-based tool for waste data analysis and operational insights.
Monitors waste container levels for real-time alerts and optimization.
Automates service routes based on waste data trends and variations.
People of Enevo
Unlock access to complete
Unlock access to complete
Funding Insights of Enevo
Enevo has successfully raised a total of $38.67M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in September 2017. 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 Enevo
Enevo has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Foxconn Electronics, European Investment Bank and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage venture capital is invested in European startups across sectors.
|
Locked | Locked | Locked | |
|
Early-stage technology companies receive venture capital investments.
|
Locked | Locked | Locked | |
|
Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
|
Locked | Locked | Locked |
Investor details for Enevo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Enevo
Investment portfolio details for Enevo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Enevo
Detailed financials for Enevo
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Enevo Comparisons
Peer comparison for Enevo
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Enevo
Enevo 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 Rubicon, Sensoneo, Bigbelly Solar, Evreka and Orbisk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Waste and recycling solutions are provided by Rubicon nationwide.
|
|
| Locked | Locked | Locked |
Real-time garbage levels in waste containers are monitored using sensors.
|
|
| Locked | Locked | Locked |
Smart solar-powered waste bins are provided for real-time collection management.
|
|
| Locked | Locked | Locked |
Evreka is recognized as a leading smart waste management company.
|
|
| Locked | Locked | Locked |
AI-based food waste monitoring systems are provided for kitchens.
|
Detailed competitors of Enevo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Enevo
Complete news archive for Enevo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Enevo
Enevo was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Enevo is headquartered in Espoo, Finland.
Enevo is a funded company, having raised a total of $38.67M across 8 funding rounds to date.
Founded in 2010 and based in Espoo, Finland, Enevo operates in the waste management sector. Ultrasonic sensors are deployed to monitor fill levels in containers, with data transmitted wirelessly to servers for real-time analysis. Optimized collection routes and schedules are generated automatically, alongside forecasts for waste accumulation and live fleet tracking. Partnerships with waste hauliers are maintained to facilitate removal services using this integrated sensor and software system.
Enevo offers Enevo Platform, Sensors, and Dynamic Routing Engine.
Enevo has 14 investors. Key investors include Foxconn Electronics, European Investment Bank, European Union, Business Finland, and Lifeline Ventures.