EnPowered
EnPowered is a licensed energy supplier that uses AI-assisted technology to help large commercial and industrial electricity consumers in North America reduce energy costs and earn revenue through demand response programs and peak demand optimization across 8+ markets.
- Company typePrivate
- Founded2015
- HeadquartersKitchener, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What EnPowered does
EnPowered is an energy management services company that helps large commercial and industrial electricity consumers in North America reduce energy costs and generate revenue through participation in grid programs. The company operates as a licensed electricity and natural gas supplier in both the United States and Canada, serving customers across 8+ energy markets. Its core offerings include Peak Predictions (AI-assisted forecasting of peak demand hours with claimed 99% accuracy), Demand Response (managed participation in capacity auctions, tests, and grid-stress activations), Day Ahead Alerts (hourly electricity cost forecasts for next-day optimization), and Battery services for energy asset management. The company combines proprietary AI-assisted technology with expert energy market guidance to simplify program participation for customers without disrupting their core operations.
EnPowered's business model is managed services, monetizing through direct value-sharing arrangements from energy cost savings and demand response program revenues rather than publicly disclosed subscription pricing. The go-to-market is sales-led, targeting enterprise customers through expert consultation and direct engagement (via "Book a call now" calls to action). Customer use cases center on peak demand avoidance, demand response participation, capacity auction management, and day-ahead electricity cost optimization. The company reports $250 million in cumulative customer savings through its platform and serves a mix of manufacturing and agriculture/food enterprises including ABC Group, Galata, Kal-Polymers, and Nature Fresh.
The company was founded around 2015, is headquartered in Waterloo, Canada, and has raised approximately $10M in total funding across rounds led by Inovia Capital (2021), Version One Ventures and Golden Ventures (2020), and accelerator support from Velocity (2017) and Creative Destruction Lab (2020). Tomas van Stee is the founder and CEO. EnPowered operates with a team of 11-50 employees and is privately held with no disclosed institutional ownership beyond its venture investors.
EnPowered firmographics
Firmographics- Name
- EnPowered
- Legal name
- En-Powered Inc.
- Website
- https://getenpowered.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- EnPowered is a licensed energy supplier that uses AI-assisted technology to help large commercial and industrial electricity consumers in North America reduce energy costs and earn revenue through demand response programs and peak demand optimization across 8+ markets.
- Ownership category
- akta.pro rank
EnPowered industry classification
Industry- Product category
- Energy Management Software
- NAICS
- Electric Power Transmission, Control, and Distribution (22112), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- C&I Energy Optimization, Peak Shaving & Demand Charge Management Software (EUAFAKAE)
- akta.pro secondary industries
- Demand Response, Load Flexibility & Smart Thermostat Aggregation (EUADAPAM), Demand Response & Dynamic Pricing Enablement (AMI-Enabled) (EUADAFAI), Customer Energy Engagement (In-Home Displays, Portals, Usage Insights) (EUADAFAH)
Keywords
Where EnPowered is headquartered
LocationHeadquarters
- HQ city
- Kitchener
- HQ country
- Canada
- HQ region
- North America
Markets served
EnPowered business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Energy Cost Management Services: EnPowered helps large energy consumers reduce electricity costs and generate revenue by participating in energy market programs. The company acts as an electricity and natural gas supplier, managing customer participation in demand response programs and capacity auctions.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
EnPowered product offering
Product offeringCore offering
EnPowered provides an AI-assisted energy management platform that helps large commercial and industrial electricity consumers reduce energy costs and generate revenue through participation in energy market programs. Its core offerings include Peak Predictions (AI-based forecasting of peak demand hours), Demand Response (managed participation in capacity auctions and grid-stress activations), Day Ahead Alerts (next-day hourly electricity cost forecasts), and Battery optimization services, delivered as managed services across 8+ North American energy markets.
Product overview
EnPowered offers a unified energy management platform consisting of four core services: Peak Predictions (AI-assisted demand forecasting to avoid expensive peak hours), Demand Response (grid stress management with capacity auction participation), Day Ahead Alerts (next-day electricity cost optimization), and Battery services. The platform serves large energy consumers across 8+ North American energy markets, helping transform electricity use into revenue and cost savings.
Differentiator
Problem solved
Functional benefit
Products and services
- Peak Predictions AI-powered service that forecasts peak demand hours, enabling large commercial and industrial energy consumers to save up to 50% on energy costs by avoiding expensive peak hours; marketed with a claimed 99% prediction accuracy.
- Demand Response Managed demand response program that compensates customers for reducing electricity usage when the grid is stressed; EnPowered manages participation including capacity auctions, tests, and activations on behalf of large energy consumers.
- Day Ahead Alerts Service providing next-day hourly electricity cost forecasts so customers can optimize operations, shift loads, and reduce electricity costs ahead of time.
- Battery Battery-related energy management service integrated with EnPowered's peak prediction and demand response offerings, enabling customers to optimize battery assets for peak avoidance and grid services revenue.
Quantifiable outcome
- Customers save up to 50% on energy costs by avoiding peak hours
- +1 more outcomes
Companies that use EnPowered
Customer profileNamed customers4 records
Segments1 record
Ideal customer profiles1 record
EnPowered technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature3 records
EnPowered partnerships and signals
Strategic signalScale indicators4 records
Recent moves2 records
Expansion highlights4 records
EnPowered competitors and assessment
Company assessmentDirect peers
- Voltus: Voltus is a virtual power plant and demand response aggregator serving commercial and industrial customers across North America. It directly competes with EnPowered in DR program participation, capacity auctions, and peak demand management.
- GridBeyond: GridBeyond provides AI-driven demand response and energy optimization for industrial and commercial sites, with North American and European operations. It is a close functional peer to EnPowered's AI-assisted peak prediction and DR platform.
- CPower: CPower is a demand response and energy management provider focused on commercial, institutional, and industrial customers in the US. It competes head-to-head with EnPowered in monetizing customer load flexibility through utility DR programs.
- EnergyHub: EnergyHub operates a DERMS platform that helps utilities and aggregators manage distributed energy resources, including demand response programs for residential and C&I customers. It overlaps with EnPowered in DR orchestration and grid-edge optimization.
Broad incumbents
- AutoGrid (Schneider Electric): AutoGrid, now part of Schneider Electric, offers predictive analytics and DER optimization for utilities and large energy users. It competes broadly with EnPowered in AI-based energy forecasting and flexibility aggregation, backed by a much larger incumbent.
- Enel X (now Enel X Way / Demand Side Management): Enel X operates one of the largest global demand response and energy management businesses, serving C&I customers across multiple geographies. It is a broad incumbent competing with EnPowered for enterprise-scale DR and peak management contracts.
- Uplight: Uplight provides an energy management and customer engagement platform serving utilities and energy users across North America. It overlaps with EnPowered in energy optimization, DR enablement, and customer energy engagement, but operates at a much larger scale with utility-side customers.
Emerging players
- OhmConnect: OhmConnect is a residential-focused demand response and virtual power plant provider. It overlaps with EnPowered in DR program participation but addresses a different end-customer segment (households vs. large C&I).
- Kevala: Kevala provides grid analytics and DER planning software for utilities and regulators. It is an adjacent peer that uses data and analytics to inform grid flexibility decisions, partially overlapping with EnPowered's forecasting and energy market participation focus.
- Leap (now Octopus Energy): Leap built a DER marketplace that connects distributed energy resources to grid services markets. It overlaps with EnPowered in monetizing customer flexibility, though it operated primarily as a software platform before being acquired by Octopus Energy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
EnPowered social profiles
Digital presenceEnPowered financial estimates
Financial estimateRevenue estimate
Valuation estimate
EnPowered leadership team
Management profileNumber of profiles
Profiles1 record
EnPowered funding detail
Funding detailFunding overview
Funding rounds5 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EnPowered M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EnPowered
What does EnPowered do?
EnPowered provides an AI-assisted energy management platform that helps large commercial and industrial electricity consumers reduce energy costs and generate revenue through participation in energy market programs. Its core offerings include Peak Predictions (AI-based forecasting of peak demand hours), Demand Response (managed participation in capacity auctions and grid-stress activations), Day Ahead Alerts (next-day hourly electricity cost forecasts), and Battery optimization services, delivered as managed services across 8+ North American energy markets.
Is EnPowered a public or private company?
EnPowered is a private company. It is classified as venture growth investor backed and is currently operating.
When was EnPowered founded?
EnPowered was founded in 2015. It employs 11 to 50 people.
Where is EnPowered based?
EnPowered is headquartered in Kitchener, Canada, in the North America region.
How does EnPowered make money?
One revenue line is on record: energy Cost Management Services.
Who are EnPowered's main competitors?
Direct peers on record are Voltus, GridBeyond, CPower and EnergyHub. Broad incumbents are AutoGrid (Schneider Electric), Enel X (now Enel X Way / Demand Side Management) and Uplight. Emerging players are OhmConnect, Kevala and Leap (now Octopus Energy).
Does EnPowered have an API?
No public API is recorded for EnPowered.
What industry is EnPowered in?
EnPowered's product category is Energy Management Software. Its primary akta.pro industry code is EUAFAKAE, C&I Energy Optimization, Peak Shaving & Demand Charge Management Software, with a secondary code of EUADAPAM, Demand Response, Load Flexibility & Smart Thermostat Aggregation. Its NAICS code is 22112 and its SIC code is 3823.