enmacc
- Company typePrivate
- Founded2016
- HeadquartersMunich, Germany
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
enmacc firmographics
Firmographics- Name
- enmacc
- Legal name
- Enmacc GmbH
- Website
- https://enmacc.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
enmacc industry classification
Industry- Product category
- Energy Trading Software
- NAICS
- Commodity Contracts Intermediation (523160), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Trading Platforms, ETRM/CTRM & Market Connectivity (APIs, Messaging, Integrations) (EUAMAMAN)
- akta.pro secondary industries
- Electronic Communication Networks (ECNs) / Crossing Networks (Multi-Asset) (FSAFAEAD), Carbon Credit Brokerage & Intermediation (Voice/Electronic) (EUAGAIAD)
Keywords
Where enmacc is headquartered
LocationHeadquarters
- HQ city
- Munich
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
enmacc business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure, Others
Revenue model
- API Access Fees: enmacc charges customers a fixed fee for the deal capture API based on the size of the account. Standard fee structure across all integrations ensuring consistency and predictability.
- Integration & Implementation Fees: First-time integration costs handled case-by-case. Customers may pay a one-time setup fee to the ETRM provider for integration services.
- Revenue Share from Partners: ETRM providers that refer customers to enmacc earn a share of the API fees. Jointly onboarded customers benefit from discounted integration fee.
- Cleared Trade Fees: Platform supports clearing registration for trade execution with major European exchanges and clearing houses, functioning as non-trading broker.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | API Access Fee - Standard charge to customers based on account size |
| One time/ perpetual license | Multi-year contract | Integration & Implementation - First-time setup costs |
| Other | Monthly | Partner Revenue Share - Revenue share for ETRM partners |
Go-to-market motion4 records
Distribution channels7 records
Marketing channels7 records
enmacc product offering
Product offeringCore offering
enmacc provides a digital OTC energy trading platform connecting 600+ companies and 2,200+ traders for bilateral RFQ-based trading of power, gas, GoOs, REGOs, EUAs, standardised wholesale PPAs, and weather derivatives, with automatic credit checking, clearing registration, market data (Price Echo), and an API for automated workflows. Its wholly-owned subsidiary Enmacc Financial Services GmbH holds a BaFin investment brokerage licence to support these activities.
Product overview
enmacc is a Munich-based digital OTC energy trading platform providing a comprehensive ecosystem of trading products. The core platform (enmacc Platform) offers RFQ-based bilateral OTC energy trading through its entender module, supporting power, gas, GoOs, REGOs, EUAs, PPAs, and weather derivatives. The platform connects over 600 companies and 2,200+ traders with capabilities including automatic credit checks, clearing registration, spread trading, and Price Echo market data. The enmacc CONNECT HTTPS API enables programmatic integration for trade capture and automated RFQ workflows. Add-on modules extend functionality through Microsoft Teams integration, Refinitiv Eikon connectivity, and post-trade services. The platform recently introduced Standardised Wholesale PPAs (first in Europe) and Green Grey Swaps for structured renewable energy trading.
Differentiator
Problem solved
Functional benefit
Products and services
- enmacc Platform Professional OTC energy trading platform connecting 600+ companies and 2,200+ traders for RFQ-based bilateral trading of power, gas, and environmental commodities, with automatic credit checks, clearing registration, and spread trading capabilities; designed for European energy utilities, traders, and financial institutions.
- entender Digital RFQ (Request-for-Quote) trading module within the enmacc platform, enabling natural-language RFQ creation, anonymous trading, Good-Till-Cancelled / indicative / timed quoting, direct negotiation via price proposals, and partial or exceeding volume fills for energy traders.
- enmacc CONNECT HTTPS API RESTful HTTPS API with OAuth2 authentication, webhooks, sandbox and production environments (v2.0, v2.1, v2.2), enabling automated RFQ creation, quoting, and trade capture integration into customer ETRM/CTRM and trading workflows.
- Clearing on enmacc
Quantifiable outcome
- Up to 1,000 RFQs per day in German market
- +2 more outcomes
Companies that use enmacc
Customer profileNamed customers27 records
Segments6 records
Ideal customer profiles3 records
enmacc technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability5 records
Feature11 records
enmacc partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Trading TechnologiescoreStrategic partnership to integrate enmacc's bilateral OTC energy trading system into the TT platform, creating a unified execution workflow for clients across listed derivatives and OTC bilateral markets. Links Enmacc's RFQ-based execution model and credit engine with TT's global exchange-traded connectivity.
- Fidectuscoreenmacc invested in Fidectus to expand availability of electronic confirmation matching (eCM) for all traders and commodities. Partnership aims to enhance trade data accuracy, reduce manual efforts, and increase market liquidity through system integration.
- BKW Energie AGcoreETRM system integration partner with seamless API integration for automated trade capture
- VeytcoreData partnership for GoO market insights, data and forecasts. Veyt data incorporated into GoO Daily average prices alongside best and traded prices from enmacc platform.
- enwexcoreIndex provider for weather derivatives settlement and standardized PPA index calculation. enwex index powered by ECMWF gridpoint forecasts for transparent settlement.
- OpenGammaminorJoint webinar partnership for margin optimization and risk transfer topics
- Argus MediaminorJoint webinar partnership for European and global LNG markets discussion
- MIX.E 2026minorEvent partnership for MIX.E 2026 in Amsterdam, showcasing platform for trading energy and expanding market opportunities
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
enmacc competitors and assessment
Company assessmentBroad incumbents
- ION Group: Large provider of ETRM/CTRM software (Allegro, OpenLink, Aspect, RightAngle) and trading workflow infrastructure across energy and commodities. Comparable to enmacc as the incumbent workflow layer many of enmacc's customers also use, with potential to bundle competing OTC functionality.
- Intercontinental Exchange (ICE): Global exchange operator running ICE Endex and other European energy venues alongside massive derivatives complex. Comparable to enmacc as an institutional energy trading venue, though at much larger scale and broader asset class scope, and a key partner through enmacc's clearing registration.
- European Energy Exchange (EEX): Part of Deutsche Börse, EEX operates the dominant European power, gas, and emissions exchanges plus clearing. Comparable to enmacc as a central European energy market venue with regulatory scale, though focused on exchange-traded rather than OTC bilateral execution.
- Tradeweb: Global electronic trading platform operator across rates, credit, equities, and commodities, with growing European energy and environmental product coverage. Comparable to enmacc as an institutional electronic trading venue, though at much larger scale and broader asset class scope.
Direct peers
- BGC Group: Interdealer broker with Fenics electronic trading platform offering OTC energy and commodities execution. Comparable to enmacc in providing electronic OTC energy workflows alongside voice brokerage, with global institutional reach.
- TP ICAP: Global interdealer broker operating TFS Energy and other energy desks, providing voice and electronic broking for power, gas, and environmental commodities. Comparable to enmacc as a venue for European OTC energy trading with significant energy major relationships.
- Trayport: Electronic OTC trading platform for energy and commodities, providing RFQ, order routing, and workflow tools to brokers, exchanges, and traders across Europe. Most direct functional analog to enmacc's electronic OTC energy venue.
- Marex: Global commodities broker and clearer with significant energy and environmental products franchise, offering voice and electronic execution across European power, gas, and emissions. Comparable to enmacc in serving European energy counterparties across OTC and exchange-traded flows.
- Compagnie Financière Tradition: Voice and electronic interdealer broker operating energy desks (Tradition Energy) across European power, gas, and emissions markets. Comparable to enmacc as a long-standing OTC energy intermediary targeting similar European utility and trader counterparties.
Emerging players
- Veyt: Independent data and analytics provider for European environmental commodities (GoOs, EUAs) with which enmacc has a data partnership. Comparable to enmacc as a participant in the renewable commodity ecosystem targeting similar buyers and counterparties, though focused on data rather than execution.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat6 records
Key highlights7 records
Customer concentration
enmacc social profiles
Digital presenceenmacc financial estimates
Financial estimateRevenue estimate
Valuation estimate
enmacc leadership team
Management profileNumber of profiles
Profiles14 records
enmacc subsidiaries and ownership
Company hierarchySubsidiaries1 record
enmacc funding detail
Funding detailFunding overview
Funding rounds4 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
enmacc M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about enmacc
What does enmacc do?
enmacc provides a digital OTC energy trading platform connecting 600+ companies and 2,200+ traders for bilateral RFQ-based trading of power, gas, GoOs, REGOs, EUAs, standardised wholesale PPAs, and weather derivatives, with automatic credit checking, clearing registration, market data (Price Echo), and an API for automated workflows. Its wholly-owned subsidiary Enmacc Financial Services GmbH holds a BaFin investment brokerage licence to support these activities.
Is enmacc a public or private company?
enmacc is a private company. It is classified as venture growth investor backed and is currently operating.
When was enmacc founded?
enmacc was founded in 2016. It employs 101 to 250 people.
Where is enmacc based?
enmacc is headquartered in Munich, Germany, in the Europe region.
How does enmacc make money?
Four revenue lines are on record. API Access Fees are the primary driver. The others are integration & Implementation Fees, revenue Share from Partners and cleared Trade Fees.
Who are enmacc's main competitors?
Broad incumbents on record are ION Group, Intercontinental Exchange (ICE), European Energy Exchange (EEX) and Tradeweb. Direct peers are BGC Group, TP ICAP, Trayport, Marex and Compagnie Financière Tradition. Veyt is listed as an emerging player.
Does enmacc have an API?
Yes. enmacc CONNECT HTTPS API provides RESTful HTTPS interfaces for trade capturing, automatic RFQ creation on entender, automatic quoting of entender RFQs, and active monitoring of entender RFQs. Uses OAuth2 two-legged authentication (client credentials) with JWT tokens, API key-based throttling (10 req/sec, 100 burst, 5000 daily quota), and supports webhooks for event notifications. Available versions include v2.0, v2.1, and v2.2. Sandbox and production environments are provided. Developer documentation is at developer.enmacc.com/index.html.
What industry is enmacc in?
enmacc's product category is Energy Trading Software. Its primary akta.pro industry code is EUAMAMAN, Trading Platforms, ETRM/CTRM & Market Connectivity (APIs, Messaging, Integrations), with a secondary code of FSAFAEAD, Electronic Communication Networks (ECNs) / Crossing Networks (Multi-Asset). Its NAICS code is 523160 and its SIC code is 6221.