Enfor

Hørsholm, Denmark Founded: 2006 • Age: 20 yrs Acquired By EMD International
Renewable energy forecasting solutions are developed for the energy sector.
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About Enfor

Enfor is a company based in Hørsholm (Denmark) founded in 2006 was acquired by EMD International in June 2014.. The company has 17 employees as of December 31, 2023. Enfor offers products and services including WindFor, SolarFor, LoadFor, PriceFor, and ChargeMe. Enfor operates in a competitive market with competitors including Reuniwatt, SteadySun, Renewcast, Solcast and Tetraeder Solar, among others.

  • Headquarter Hørsholm, Denmark
  • Employees 17 as on 31 Dec, 2023
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Enfor A/S
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $337.39 K (USD), Grant

    Jan 01, 2022

  • Investors
  • Employee Count
    17

    as on Dec 31, 2023

  • Acquired by
    EMD International

    (Jun 25, 2014)

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Products & Services of Enfor

Enfor offers a comprehensive portfolio of products and services, including WindFor, SolarFor, LoadFor, PriceFor, and ChargeMe. 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.

Primary

Service for predicting wind power output and performance.

Tool for solar power generation and weather-based predictions.

System for electricity load and demand forecasting services.

Platform for power price forecasting and market analysis.

Solution for smart charging of electric vehicles efficiently.

People of Enfor
Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Mikkel Westenholz
Chief Executive Officer
People
Gísli Helgason
Data Scientist And System Engineer
People
Adam Søe Beilin
Data Scientist
People
Sergio Romero Salas
Head Of Customer Forecasting Solutions

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Funding Insights of Enfor

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $337,392
  • First Round

    (01 Jan 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Grant - Enfor Valuation

investors

Feb, 2020 Amount Grant - Enfor Valuation

investors

Jan, 2020 Amount Grant - Enfor Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Enfor

Enfor has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and EMD International. 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Software solutions for energy project construction phases are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Enfor

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Enfor

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Enfor Comparisons

Employees
+
Add Comparison
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Competitors of Enfor

Enfor 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 Reuniwatt, SteadySun, Renewcast, Solcast and Tetraeder Solar, 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
domain founded_year HQ Location
Solar photovoltaic power production forecasting is specialized in by Reuniwatt.
domain founded_year HQ Location
Weather forecasting solutions for solar energy generation are provided.
domain founded_year HQ Location
Solar energy forecasting is delivered via AI and SaaS platform.
domain founded_year HQ Location
Solar forecasting APIs are provided by Solcast using satellite data.
domain founded_year HQ Location
Digital platforms for efficient urban planning and public involvement processes.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Enfor

Frequently Asked Questions about Enfor

When was Enfor founded?

Enfor was founded in 2006 and raised its 1st funding round 14 years after it was founded.

Where is Enfor located?

Enfor is headquartered in Hørsholm, Denmark.

How many employees does Enfor have?

As of Dec 31, 2023, the latest employee count at Enfor is 17.

What does Enfor do?

Enfor was founded in 2006 and is based in Horsholm, Denmark. Operations focus on the renewable energy sector, where software solutions are provided for wind power prediction, optimal district heating system management, heat and power load forecasting, solar power prediction, and energy price estimation. These tools are implemented either locally or as web services to support energy sector applications.

Who are the top competitors of Enfor?

Enfor's top competitors include Reuniwatt, Renewcast and Solcast.

What products or services does Enfor offer?

Enfor offers WindFor, SolarFor, LoadFor, PriceFor, and ChargeMe.

Who are Enfor's investors?

Enfor has 2 investors. Key investors include European Union, and EMD International.

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