About enVerid
enVerid is a company based in Boston (United States) founded in 2010. enVerid has raised $48.91 million across 9 funding rounds from investors including OurCrowd, DOE and New Energy Nexus. The company has 31 employees as of December 31, 2021. enVerid operates in a competitive market with competitors including NIBE Group, Molekule, GridPoint, Wynd Technologies and BrainBox AI, among others.
- Headquarter Boston, United States
- Employees 31 as on 31 Dec, 2021
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Sectors
Business ServicesEnergy & Utilities Technology Environment
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Phone
*********
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Website
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Social
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- Legal Name Enverid Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48.91 M (USD)
in 9 rounds
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Latest Funding Round
$13.94 M (USD), Series B
May 17, 2023
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Investors
OurCrowd
& 7 more
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Employee Count
31
as on Dec 31, 2021
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People of enVerid
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Funding Insights of enVerid
enVerid has successfully raised a total of $48.91M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $13.94 million completed in May 2023. 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 9
- Last Round Series B — $13.9M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series B - enVerid | Valuation |
investors |
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| Nov, 2020 | Amount | Grant - enVerid | Valuation |
investors |
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| Mar, 2020 | Amount | Series B - enVerid | Valuation | Breakthrough Energy |
Investors in enVerid
enVerid has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include OurCrowd, DOE and New Energy Nexus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Energy sector startups are accelerated by Clean Fight.
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Founded Year | Domain | Location | |
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Building Ventures is focused on investing in built environment innovations.
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Founded Year | Domain | Location | |
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Venture capital is provided by Ajax Strategies to tech sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by enVerid
Financial Statements - enVerid
Enverid Comparisons
Competitors of enVerid
enVerid 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 NIBE Group, Molekule, GridPoint, Wynd Technologies and BrainBox AI, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of sustainable energy solutions contributing to reducing greenhouse gas emissions globally
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| domain | founded_year | HQ Location |
Air purifiers and accessories are distributed by an internet-first brand.
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| domain | founded_year | HQ Location |
Provider of data-driven energy management solutions
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| domain | founded_year | HQ Location |
Smart air purifiers are provided for monitoring and purification.
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| domain | founded_year | HQ Location |
AI and SaaS-driven HVAC optimization for commercial buildings is provided.
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| domain | founded_year | HQ Location |
Submeter billing and overtime HVAC management services are provided.
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Latest news on Enverid
Frequently Asked Questions about enVerid
enVerid was founded in 2010 and raised its 1st funding round 1 year after it was founded.
enVerid is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Christian Weeks is the current CEO of enVerid.
enVerid is a funded company, having raised a total of $48.91M across 9 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Jun 01, 2011.
As of Dec 31, 2021, the latest employee count at enVerid is 31.
enVerid was founded in 2010 in Boston, United States, and operates in the HVAC sector. Retrofit modules known as HLR are offered to remove carbon dioxide, volatile organic compounds, and trace contaminants from indoor air. Outside air requirements are minimized to sustain air quality, which reduces HVAC system loads and energy consumption. Operations focus on commercial and institutional applications across the United States.
enVerid has 8 investors. Key investors include OurCrowd, DOE, New Energy Nexus, Clean Fight, and Building Ventures.