About Enphase Energy
Enphase Energy is a company based in Fremont (United States) founded in 2006 by Raghu Belur.. Enphase Energy has raised $100.07 million across 8 funding rounds from investors including Applied Materials, Kleiner Perkins and Western Alliance Bank. The company has 2,780 employees as of December 31, 2024. Enphase Energy has completed 8 acquisitions, including 365 Pronto, ClipperCreek and GreenCom Networks. Enphase Energy offers products and services including Enphase App, Microinverters, Batteries, and EV Chargers. Enphase Energy operates in a competitive market with competitors including SolarEdge, Imeon Energy, Deye Inverter, OptiSolar Technologies and Sofar Solar, among others.
- Headquarter Fremont, United States
- Employees 2780 as on 31 Dec, 2024
- Founders Raghu Belur
- Stage Public
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Enphase Energy, Inc.
-
Annual Revenue
$1.33 B-41.92as on Dec 31, 2024
-
Net Profit
$102.66 M-76.61as on Dec 31, 2024
-
EBITDA
$164.52 M-68.92as on Dec 31, 2024
-
Total Equity Funding
$100.07 M (USD)
in 8 rounds
-
Latest Funding Round
$1.15 B (USD), Post-IPO
Feb 25, 2021
-
Investors
Applied Materials
& 9 more
-
Employee Count
2780
as on Dec 31, 2024
-
Investments & Acquisitions
365 Pronto
& 7 more
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
IPO & Listings of Enphase Energy
Enphase Energy is a publicly listed company on the NASDAQ with ticker symbol ENPH in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Enphase Energy
Enphase Energy offers a comprehensive portfolio of products and services, including Enphase App, Microinverters, Batteries, and EV Chargers. 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.
App for controlling solar and appliance power.
Devices that convert solar energy efficiently.
Systems for storing and using solar power.
Chargers powered by renewable energy sources.
Unlock access to complete
Software Development Team
157 people
Sales and Marketing
57 people
Senior Team
50 people
Finance and Accounting
26 people
Operations Team
22 people
Leadership Team
21 people
Human Resources and Administration
19 people
Staff Team
14 people
Unlock access to complete
Funding Insights of Enphase Energy
Enphase Energy has successfully raised a total of $100.07M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.15 billion completed in February 2021. 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 8
- Last Round Post-IPO — $1.1B
-
First Round
First Round
(30 Jan 2008)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Post-IPO - Enphase Energy | Valuation |
investors |
|
| Sep, 2020 | Amount | Grant - Enphase Energy | Valuation |
investors |
|
| Jan, 2017 | Amount | Post-IPO - Enphase Energy | 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 Enphase Energy
Enphase Energy has secured backing from 10 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Applied Materials, Kleiner Perkins and Western Alliance Bank. 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 |
|---|---|---|---|---|
|
VC firm investing mostly in the US
|
Founded Year | Domain | Location | |
|
Stage-agnostic venture capital investments are made in US companies.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in early-stage tech startups
|
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 Enphase Energy
Enphase Energy has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include 365 Pronto, ClipperCreek and GreenCom Networks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Batteries are manufactured by 365 Pronto in Scottsdale, United States.
|
2018 | ||||
|
Solar project development and lead generation software is developed.
|
2013 | ||||
|
Solar rooftop projects are planned and designed via specialized software.
|
2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Enphase Energy
| 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 |
Enphase Energy Comparisons
Competitors of Enphase Energy
Enphase Energy 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 SolarEdge, Imeon Energy, Deye Inverter, OptiSolar Technologies and Sofar 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 |
Manufacturer of smart solar inverters
|
|
| domain | founded_year | HQ Location |
Solar inverters with AI integration are designed and manufactured.
|
|
| domain | founded_year | HQ Location |
Manufactures solar-powered products, including panels and energy systems.
|
|
| domain | founded_year | HQ Location |
Manufactures thin-film solar modules for energy solutions.
|
|
| domain | founded_year | HQ Location |
Grid-tied solar inverters are developed, produced, and serviced globally.
|
| 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 Enphase Energy
Frequently Asked Questions about Enphase Energy
When was Enphase Energy founded?
Enphase Energy was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Enphase Energy located?
Enphase Energy is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Who is the current CEO of Enphase Energy?
Badri Kothandaraman is the current CEO of Enphase Energy.
Is Enphase Energy a funded company?
Enphase Energy is a funded company, having raised a total of $100.07M across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $10M, raised on Jan 30, 2008.
How many employees does Enphase Energy have?
As of Dec 31, 2024, the latest employee count at Enphase Energy is 2,780.
What is the annual revenue of Enphase Energy?
Annual revenue of Enphase Energy is $1.33B as on Dec 31, 2024.
What does Enphase Energy do?
Enphase Energy was founded in 2006 and is headquartered in Fremont, United States. Operations focus on the renewable energy sector, where micro-inverters, batteries, and related accessories are produced. A solar monitoring tool is offered to track energy production and consumption. These components support residential and commercial solar installations across various geographies.
Who are the top competitors of Enphase Energy?
Enphase Energy's top competitors include SolarEdge, Imeon Energy and Sofar Solar.
What products or services does Enphase Energy offer?
Enphase Energy offers Enphase App, Microinverters, Batteries, and EV Chargers.
Is Enphase Energy publicly traded?
Yes, Enphase Energy is publicly traded on NASDAQ under the ticker symbol ENPH.
How many acquisitions has Enphase Energy made?
Enphase Energy has made 8 acquisitions, including 365 Pronto, ClipperCreek, and GreenCom Networks.
Who are Enphase Energy's investors?
Enphase Energy has 10 investors. Key investors include Applied Materials, Kleiner Perkins, Western Alliance Bank, European Union, and Horizon Technology.
What is Enphase Energy's ticker symbol?
The ticker symbol of Enphase Energy is ENPH on NASDAQ.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.