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- Enesoon
Enesoon Funding, Investors & Competitors
Enesoon has raised $101M across 4 funding rounds, most recently a $50M Series C in May 2019.
Last Enesoon funding round
$50M
Series C · May 2019
Cumulative funding Enesoon raised
$101M
across 4 funding rounds
Key investors in Enesoon
China Hi-Tech Fund
Hongzhou Jinjiang Group
Kainen Corporation
About Enesoon
Enesoon is a Shenzhen-headquartered provider of thermal energy storage systems for HVAC in China. Its phase-change material tanks store cooling or heating for peak shaving in commercial buildings across 21 provinces. Enesoon deploys IoT-monitored units covering 500 million square meters, partnering with the Chinese Academy of Sciences and universities like MIT for R&D. Designated a national high-tech enterprise, it holds over 700 patents including US and EU approvals.
Founded
2011
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Enesoon Funding History
Enesoon has raised a total of $101M across 4 funding rounds.
Enesoon's first fundraising round was a $800K pre-seed round in March 2013. The most recent completed round was a $50M Series C in May 2019.
Enesoon funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| May 2019 | Series C | China Hi-Tech Fund (lead) | $50M |
| Oct 2018 | Series B | Hongzhou Jinjiang Group (lead) | $43M |
| Sep 2017 | Series A | Kainen Corporation (lead) | $8M |
| Mar 2013 | Pre-seed | - | $800K |
Who has invested in Enesoon?
3 investors have backed Enesoon across its funding rounds, including China Hi-Tech Fund, Hongzhou Jinjiang Group and Kainen Corporation.
Lead investors include China Hi-Tech Fund, Hongzhou Jinjiang Group and Kainen Corporation.
Enesoon Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | May 2019 | ||
This data is available for Pro users. Sign up to see all 3 Enesoon investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialEnesoon Competitors
Enesoon competitors include listed companies like First Solar, Jinko Solar, Enphase Energy and CSI Solar, and private ones like Turntide Technologies and Radiant.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $5.2B | $2.1B | $22B | 4.0x | ||
| Publicly listed | $9.8B | $35M | $5.7B | 0.9x | ||
| Publicly listed | $1.5B | $227M | $4.8B | 3.5x | ||
| Publicly listed | $6B | $801M | $4.4B | 1.0x | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1.8B | - |
Enesoon Public Comps
Enesoon is still privately-owned, but its public comps include GE Vernova, Siemens Energy, Johnson Controls, Bloom Energy, SLB, Baker Hughes, Sandvik, Doosan Enerbility, Vestas and BOE.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $38B | $3.2B | 6.2x | 5.4x | 73.5x | 43.5x | |||
| $45B | $4.5B | 2.7x | 2.4x | 27.3x | 16.1x | |||
| $24B | $3B | 4.0x | 3.7x | 31.0x | 20.0x | |||
| $2B | ($14M) | 40.9x | 23.7x | (5906.9x) | 112.5x | |||
| $36B | $7B | 2.4x | 2.4x | 12.5x | 10.6x | |||
| $28B | $4.3B | 2.0x | 2.0x | 13.3x | 11.3x | |||
| $12B | $2.9B | 4.2x | 3.6x | 18.2x | 14.3x | |||
| $12B | $818M | 3.7x | 3.6x | 56.6x | 40.9x | |||
This data is available for Pro users. Sign up to see all Enesoon competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Enesoon
| When was Enesoon founded? | Enesoon was founded in 2011. |
| Where is Enesoon headquartered? | Enesoon is headquartered in Shenzhen, China. |
| Is Enesoon publicly listed? | No, Enesoon is a private, VC-backed company. |
| How much funding has Enesoon raised? | Enesoon has raised $101M across 4 funding rounds. |
| What was Enesoon's last funding round? | Enesoon's last funding round was a $50M Series C in May 2019, led by China Hi-Tech Fund. |
| Who are Enesoon's investors? | Enesoon's investors include China Hi-Tech Fund, Kainen Corporation and Hongzhou Jinjiang Group. |
| Which companies are comparable to Enesoon? | Companies comparable to Enesoon include First Solar, Jinko Solar, Enphase Energy, CSI Solar, Turntide Technologies and Radiant. |
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