# EnPowered: Computer software, Kitchener, Canada

> EnPowered: EnPowered is a cleantech company based in Kitchener, Ontario, founded in 2015 by Tomas Van Stee. Based in Kitchener, Canada. Founded 2015.

Source: https://millionrounds.com/startup/enpowered-2 (Millionrounds; every figure on the page links to its filing or article)

Canada · [Computer software startup](https://millionrounds.com/companies)

# EnPowered

EnPowered is a cleantech company based in Kitchener, Ontario, founded in 2015 by Tomas Van Stee.

Funding reported Last round: Seed

Computer software Kitchener, Canada

Company summary

- **Founded:** 2015 11 years old
- **Team:** 17 11 to 50 people
- **Funding reported:** 9.3M as listed, currency not stated
- **Last round:** Seed Nov 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for EnPowered has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About EnPowered

EnPowered is a cleantech company based in Kitchener, Ontario, founded in 2015 by Tomas Van Stee.

The company specializes in energy management, focusing on optimizing electricity usage for industrial facilities, commercial buildings, and large energy consumers across North America. EnPowered aims to empower businesses to manage their energy costs effectively while promoting sustainable energy solutions. The company offers a range of services, including AI-driven peak demand forecasting, automated demand response participation, and on-bill payment financing. Their cloud-based software platform provides real-time energy monitoring, peak predictions, and operational efficiency analytics. EnPowered also simplifies energy market navigation for clients, helping them understand and manage their energy expenses. EnPowered serves various sectors, including industrial facilities, commercial buildings, public institutions, food and beverage companies, and healthcare facilities. The company has achieved significant success, delivering over $184 million in verified electricity savings and maintaining a high accuracy rate in energy forecasting. EnPowered continues to expand its partner network, driving innovative energy solutions and supporting businesses in their sustainability efforts.

## What company datasets say EnPowered raised

Funding, as reported

Reported in all **9.3M** in the source's currency

Last round **Seed**

Last round size **6.9M**

Last round date **Nov 2021**

## On a portfolio page

Investors who name them

- [First Star](https://millionrounds.com/fund/first-star-ventures)

Each firm lists EnPowered on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

energy cost savings strategies direct energy energy grid management clean energy & technology consumers energy cost savings optimization energy market analytics energy program guidance electric power generation utilities energy market analysis information technology & services energy cost reduction financial services finance energy market participation

Built with from their website

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+8 more

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- **Sector:** Computer software
- **Industry code:** NAICS 22111, 513210, 541620, SIC 4911
- **Region:** Ontario
- **Revenue:** 10M a year, as listed

## Computer software in Canada

Startups like it

- [**HiMama, Inc.** Toronto · founded 2013](https://millionrounds.com/startup/himama-inc)
- [**Fionet Inc.** Richmond Hill · founded 2010](https://millionrounds.com/startup/fionet-inc)
- [**TickSmith Corp.** Montreal · founded 2012](https://millionrounds.com/startup/ticksmith-corp)
- [**Interset** Ottawa · founded 2015](https://millionrounds.com/startup/interset)
- [**Arcus Power Corp** Calgary](https://millionrounds.com/startup/arcus-power-corp)
- [**Arcobi** Calgary · founded 2017](https://millionrounds.com/startup/arcobi)
- [**Parallelz** Toronto · founded 2021](https://millionrounds.com/startup/parallelz)
- [**SoapBox Innovations, Inc.** Toronto · founded 2010](https://millionrounds.com/startup/soapbox-innovations-inc)

## Is this your company?

Add your raise, your deck and your story, and put EnPowered in front of investors. Or tell us what we have wrong.

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