Enervee
Enervee provides utilities and state governments a white-label AI-powered marketplace platform combining a proprietary 0-100 energy efficiency score, instant rebates, and embedded financing. It serves 39M+ households across North America through 13+ utility partnerships.
- Company typePrivate
- Founded2012
- HeadquartersLos Angeles, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Enervee does
Enervee is a privately held B2B SaaS company headquartered in Los Angeles, California, that builds a white-label AI-powered marketplace platform for utility energy efficiency programs. Its core product combines three components: the proprietary Enervee Score (a patented 0-100 energy efficiency rating, updated daily across 40+ product categories); instant rebates automatically stacked from utilities, governments, and manufacturers and applied at checkout; and Eco Financing, embedded consumer lending offered through a national bank partner (Lewis & Clark Bank) at rates as low as 0% APR. The platform reaches 39M+ households across North America through deployments with utility and government customers including BC Hydro, ComEd, LADWP, PG&E, SCE, SoCalGas, SDG&E, Con Edison, TVA, Energy Trust of Oregon, Snohomish County PUD, LG&E/KU, and AEP Ohio.
Underlying the product is a proprietary data engine that ingests and cleans millions of data points daily on product energy performance, retail pricing, and availability, plus integrations with national retailers and distributors for fulfillment, with Plaid handling bank verification for loan applications. The platform supports both instant and post-purchase rebate processing and is deployed via white-label SaaS on multi-year enterprise contracts.
Commercially, Enervee operates as a B2B2C enterprise: utilities, state government energy offices, and retail/OEM partners pay for the platform, while their residential customers are the end users. Revenue is generated through SaaS licensing, transaction fees on purchases routed through the marketplace, and managed-services economics tied to embedded lending. The company raised $35M in April 2022 led by Kerogen Capital and J.P. Morgan and reports operating metrics of $39.6M in customer savings delivered and 43,800 tonnes of CO2 avoided in 2025.
Enervee firmographics
Firmographics- Name
- Enervee
- Legal name
- Enervee Corporation
- Website
- https://enervee.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Enervee provides utilities and state governments a white-label AI-powered marketplace platform combining a proprietary 0-100 energy efficiency score, instant rebates, and embedded financing. It serves 39M+ households across North America through 13+ utility partnerships.
- Ownership category
- akta.pro rank
Enervee industry classification
Industry- Product category
- Energy Efficiency Marketplace Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Customer Energy Engagement (In-Home Displays, Portals, Usage Insights) (EUADAFAH)
- akta.pro secondary industry
- Marketplace / Multi-Lender POS Financing Aggregators (FSAGAIAJ)
Keywords
Where Enervee is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Enervee business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform / White-Label Licensing: Enervee provides its white-label marketplace platform to utility companies, state governments, and retail/OEM partners. Utilities and governments pay for access to the platform which serves their residential customers. The platform is branded for each partner (e.g., LADWP Marketplace, SDG&E Marketplace, Con Edison Marketplace).
- Transaction / Commerce Fees: The platform facilitates product sales through major national retailers and distributors, generating transaction-based revenue when products are purchased through the marketplace.
- Eco Financing (Embedded Lending): Embedded lending at checkout through a national bank partner. Eco Financing enables customers to finance energy-efficient product purchases with rates as low as 0% APR. Revenue is generated through the financing arrangement with the bank partner, with no cost or balance sheet exposure to the utility.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | White-label marketplace platform for utilities and government energy programs |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Enervee product offering
Product offeringCore offering
Enervee provides a white-label, AI-powered online marketplace platform sold to electric and gas utilities, state government energy offices, and retailers/OEMs. The platform combines the proprietary Enervee Score (a 0-100 daily energy efficiency rating across 40+ product categories), instant stacked rebates applied at checkout, and embedded Eco Financing (lending through a national bank partner at rates as low as 0% APR). Branded partner marketplaces are deployed in 6-10 weeks and currently serve 39M+ households across North America.
Product overview
Enervee is an AI-powered marketplace platform for utility energy efficiency programs. The core offering consists of the Utility Marketplace platform, which combines three main components: the Enervee Score (a patented 0-100 energy efficiency rating), Commerce (instant rebates applied at checkout), and Eco Financing (embedded lending). The platform serves 39 million+ households across North America through white-label deployments for utilities and state programs. Enervee also offers the Choice Engine concept for tailored recommendations and an Enervee Charge widget for retail integration. Product categories span 40+ categories including HVAC, water heaters, heat pump dryers, smart thermostats, refrigerators, lighting, and EV chargers.
Differentiator
Problem solved
Functional benefit
Products and services
- Utility Marketplace White-label AI-powered online marketplace platform sold to electric and gas utilities, state government energy offices, and retail/OEM partners. Combines the Enervee Score, instant stacked rebates, and Eco Financing into a single branded solution covering 40+ product categories. Partners deploy the platform in 6-10 weeks.
- Enervee Score Proprietary, patent-pending 0-100 energy efficiency rating calculated daily for every product on the market across 40+ categories. Provides shoppers with a simple, transparent way to compare products on energy efficiency independent of federal standards. On marketplaces using the Score, 89% of purchases are highly efficient (Score 75+).
- Eco Financing Embedded lending product at checkout through a top national bank partner (Lewis & Clark Bank) that lets utility customers finance energy-efficient purchases with rates as low as 0% APR. There is no cost to the utility and no balance sheet exposure; loans are issued by the bank partner.
- Commerce / Instant Rebates Commerce engine that automatically stacks utility, government, and manufacturer rebates and applies them as instant discounts at checkout. Supports multi-seller fulfillment through major national retailers and distributors with direct delivery or scheduled installation.
- Enervee Charge Widget Embeddable widget distributed to retailers and online publications (e.g., Digital Trends, Appliance Connection, Goedeker's) that displays Enervee Scores and available utility rebates directly on third-party product pages and review articles without sending users off-site.
- Install+ Installation Service Professional installation service integrated into the marketplace checkout, allowing customers to purchase products such as water heaters and schedule installation at the same time, reducing time from browsing to installed product.
Quantifiable outcome
- 89% of purchases on marketplaces using the Enervee Score are highly efficient (Score 75+)
- +5 more outcomes
Companies that use Enervee
Customer profileNamed customers13 records
Segments4 records
Ideal customer profiles3 records
Enervee technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability5 records
Feature5 records
Enervee partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core, strategic and minor.
- Plaid Inc.coreEnervee uses Plaid Inc. to gather customer data from financial institutions for bank account and fraud verification in connection with Eco Financing loan applications.
- BC HydrocoreBC Hydro is a utility partner whose Power Smart Shop marketplace is powered by Enervee, serving households in British Columbia. This was Enervee's expansion into Canada.
- ComEdcoreComEd's Efficient Choice platform, powered by Enervee, drives energy savings without rebates and enhances customer satisfaction and utility favorability.
- Los Angeles Department of Water and Power (LADWP)coreLADWP partners with Enervee to provide an energy-efficient product marketplace featuring rebates on refrigerators, televisions, and lightbulbs.
- Pacific Gas and Electric (PG&E)corePG&E's business plan relies on the Enervee Marketplace. The PG&E Marketplace received AESP's Outstanding Achievement Award for delivering savings without monetary incentives.
- Southern California Edison (SCE)coreSCE modernized California's energy efficiency incentives with Enervee's digital solutions, including instant online discounts and simplified rebate processes.
- SoCalGascoreSouthern California Gas Company partners with Enervee as a utility marketplace platform customer.
- San Diego Gas & Electric (SDG&E)coreSDG&E Marketplace, launched in 2016, is the third major California utility to deploy Enervee. Features major appliances, electronics, and water-saving pool pumps with instant energy rebates.
- Con EdisoncoreCon Edison Marketplace, launched May 2016 as part of New York state's Reforming the Energy Vision (REV) initiative, powered by Enervee. Celebrated 2.8 million visits.
- Tennessee Valley Authority (TVA)coreTVA is a utility partner using the Enervee marketplace platform.
- NEEA (Northwest Energy Efficiency Alliance)coreNEEA is a regional energy efficiency organization partner using the Enervee marketplace platform.
- Lawrence Berkeley National Laboratory (LBNL)strategicEnervee won an RFP with LBNL (Department of Energy) in 2012 to define an energy efficiency data standard across SEAD (Super-efficient Equipment and Appliance Deployment) members in 16 countries, collaborating with the Environmental Energy Technologies and Energy Efficiency Standards groups at LBNL.
- CLASP (Collaborative Labeling and Appliance Standards Program)strategicCLASP is an international organization on the cutting edge of energy efficiency research and policy. Enervee was introduced to CLASP through LBNL and participated in the SEAD initiative collaboration through CLASP's network.
- Opower (Oracle Utilities)strategicEnervee joined forces with Opower in 2015 to revitalize the way utilities engage with their customers. Enervee engages consumers during the appliance buying process while Opower focuses on energy consumption behavior post-purchase, providing complementary product offerings.
- Digital TrendsminorDigital Trends (24M monthly visitors) became the first publication to embed the Enervee Charge widget, displaying energy efficiency rebates alongside product reviews without requiring users to leave the article page.
- Energy Trust of OregoncoreEnergy Trust of Oregon partnered with Enervee in 2016 to deliver efficient product finder marketplaces for residential customers in the Pacific Northwest, complementing their energy efficiency initiatives.
- Snohomish County PUDcoreSnohomish County Public Utility District partnered with Enervee in 2016 to reach residential customers who research products online, delivering energy savings to their customer base.
- U.S. Department of Energy (Better Buildings Residential Network)strategicEnervee became a member of the DOE Better Buildings Residential Network, connecting energy efficiency programs to share best practices. The Network has invested over $3 billion in federal funding and local resources for energy-efficient communities.
Scale indicators9 records
Recent moves6 records
Expansion highlights7 records
Enervee competitors and assessment
Company assessmentEmerging players
- GoodLeap: GoodLeap is a point-of-sale financing platform for residential energy upgrades (solar, HVAC, efficiency) with similar off-balance-sheet lending economics. It is a direct analog for Enervee's Eco Financing model and a potential competitor or partner as financing becomes a more central piece of utility efficiency programs.
- Arcadia: Arcadia is a clean energy data platform that connects utility data, building energy usage, and distributed energy resources for utilities, developers, and enterprises. It is a partial competitor in the utility data and customer-engagement layer that powers Enervee's marketplace and program analytics.
- Bidgely: Bidgely applies AI-based energy disaggregation to utility customer engagement, personalizing recommendations by appliance-level usage. It is a partial competitor in the utility personalization and recommendation space where Enervee's Enervee Score also operates.
- EnergySage: EnergySage is a consumer-facing online marketplace for solar, EV chargers, and home energy products, with utility and installer channels. While more solar-focused, it competes for the consumer energy-product shopping journey that Enervee's utility marketplaces also dominate.
- EnergyHub: EnergyHub is a DER management and demand response platform for utilities, focused on thermostat, EV, battery, and load control programs. It competes for utility program budgets and increasingly overlaps with Enervee on residential demand-side management offerings.
Broad incumbents
- Oracle Utilities (Opower): Oracle Utilities (via Opower) is a broad incumbent in utility customer engagement and energy efficiency program delivery. Enervee has partnered with Opower since 2015, but Opower's broader suite (high-bill alerts, behavioral emails, EE programs) competes for the same utility wallet as a more comprehensive, integrated alternative.
- CLEAResult: CLEAResult is the largest pure-play energy efficiency program administrator in North America, designing and implementing utility and government efficiency programs. It is a competitor for utility program contracts and a potential partner/channel, given its role managing rebate fulfillment that could route through an Enervee-style marketplace.
- Franklin Energy: Franklin Energy is an established energy efficiency program implementation firm delivering design, delivery, and trade-ally services for utilities and governments. It is a competitor for end-to-end utility program contracts and a potential partner for the digital marketplace layer Enervee provides.
Direct peers
- Uplight: Uplight is the closest direct competitor, providing a customer energy experience platform for utilities that bundles personalized insights, marketplace, rebates, and demand response. Both companies target the same utility buyer with overlapping marketplace + rebate + engagement capabilities, and both sell on program ROI metrics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Enervee social profiles
Digital presenceEnervee financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enervee leadership team
Management profileNumber of profiles
Profiles8 records
Enervee funding detail
Funding detailFunding overview
Funding rounds7 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enervee 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 Enervee
What does Enervee do?
Enervee provides a white-label, AI-powered online marketplace platform sold to electric and gas utilities, state government energy offices, and retailers/OEMs. The platform combines the proprietary Enervee Score (a 0-100 daily energy efficiency rating across 40+ product categories), instant stacked rebates applied at checkout, and embedded Eco Financing (lending through a national bank partner at rates as low as 0% APR). Branded partner marketplaces are deployed in 6-10 weeks and currently serve 39M+ households across North America.
Is Enervee a public or private company?
Enervee is a private company. It is classified as venture growth investor backed and is currently operating.
When was Enervee founded?
Enervee was founded in 2012. It employs 51 to 100 people.
Where is Enervee based?
Enervee is headquartered in Los Angeles, United States, in the North America region.
How does Enervee make money?
Three revenue lines are on record. SaaS Platform / White-Label Licensing is the primary driver. The others are transaction / Commerce Fees and eco Financing (Embedded Lending).
Who are Enervee's main competitors?
Emerging players on record are GoodLeap, Arcadia, Bidgely, EnergySage and EnergyHub. Broad incumbents are Oracle Utilities (Opower), CLEAResult and Franklin Energy. Uplight is listed as a direct peer.
Does Enervee have an API?
No public API is recorded for Enervee.
What industry is Enervee in?
Enervee's product category is Energy Efficiency Marketplace Software. Its primary akta.pro industry code is EUADAFAH, Customer Energy Engagement (In-Home Displays, Portals, Usage Insights), with a secondary code of FSAGAIAJ, Marketplace / Multi-Lender POS Financing Aggregators. Its NAICS code is 5132 and its SIC code is 7372.