enSights raised $10M in a Series A funding led by JAL Ventures and XT VC to expand its global presence and enhance its SaaS solutions for energy management.

Dec 04, 2024•7 months ago

Amount Raised

$10 Million

Round Type

series a

AustinRenewable EnergyEnergyArtificial Intelligence

Investors

Menomadin FoundationXt VcJal Ventures

Description

enSights, an AI-powered clean energy optimization platform, secured $10M in Series A funding. The investment will be used to establish local headquarters and strengthen its ecosystem of solutions.

Company Information

Company

enSights

Location

Austin, Texas, United States

About

Founded with the mission of developing the most effective clean energy portfolio management platform, enSights is an innovative SaaS technology company offering an AI-powered, cloud-based optimization platform and battery calculator. Its full-stack platform aggregates, monitors, and manages clean energy assets, empowering renewable energy stakeholders to optimize business, financial, and energy performance. With a global footprint, enSights platform manages over 6,000 C&I and utility-scale clean energy assets across four continents.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

enSights raised $10M in a Series A funding led by JAL Ventures and XT VC to expand its global presence and enhance its SaaS solutions for energy management.

Investors

Description

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