# Enode AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/enode

- Industry: Software
- Headquarters: Oslo, Norway
- Website: www.enode.io
- Total disclosed funding: $17M
- Latest round: Series A (Nov 2, 2022)
- Investors on record: 7

## About

Based in Oslo, Norway, and founded in 2020 by Henrik Langeland, Nikolai Heum, and  Thorvald Thorsnes, Enode AS offers APIs (Application Program Interface) that enable energy companies to integrate EVs (electric vehicles), thermostats, solar inverters, and other energy hardware into their apps. In November 2022, Enode AS raised USD 15 million in Series A funding led by Creandum, with participation from MCJ Capital. Returning investors BoxGroup, Lowercarbon Capital, Skyfall Ventures AS, etc. The firm’s customers include Elton, OVO Energy, E.ON, Fjordkraft, etc. 

The company provides the Connect API, which provides developers with instant access to a diverse set of energy hardware integrations. Additionally, the company provides ready-made building blocks to assist help developers to build apps that assist their customers in consuming energy in a smarter, more sustainable manner. Furthermore, Enode provides prediction models that allow customers to report expected flexible loads across different geographies and time horizons.

The company intends to use the November 2022 funding to support its product growth.

## Funding rounds

- Series A, Nov 2, 2022, $15M — Creandum, Y Combinator, BoxGroup, Lowercarbon Capital, Skyfall Ventures, MCJ Capital
- Seed, Jul 15, 2021, $2.2M — BoxGroup, Liquid 2 Ventures, Lowercarbon Capital, Skyfall Ventures

## Investors

- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed, Series A
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed, Series A
- Skyfall Ventures (https://capitalatlas.ai/funds/skyfall-ventures) — Seed, Series A
- Creandum (https://capitalatlas.ai/funds/creandum) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- MCJ Capital — Series A