Enervee offers a white‑label, AI‑powered marketplace that combines its patented Enervee Score, instant utility rebates, and embedded Eco Financing into a single online shopping experience. The platform rates products on a 0–100 efficiency scale, automatically applies stacked incentives at checkout, and provides low‑APR financing, enabling utilities, agencies, and retailers to deliver scalable, equity‑focused energy‑efficiency and electrification programs.
Funding
$35M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
JMKCFounders
Product
Problem
Utilities, governments, and retailers struggle to deliver energy‑efficiency, electrification, and demand‑response programs because incentives, financing, and product information are fragmented across multiple portals, creating high drop‑off rates and limiting equity outcomes.
Solution
Enervee provides a white‑label, AI‑powered marketplace platform that integrates the patented Enervee Score, instant utility rebates, and embedded Eco Financing into a single online shopping experience. The Enervee Score rates every product 0–100 on efficiency across 40+ categories, making the most efficient choice obvious to shoppers. Rebates are applied automatically at checkout, eliminating paperwork and wait times, while Eco Financing offers low‑APR, off‑balance‑sheet loans that enable customers—especially those in underserved communities—to afford efficient appliances. The platform also supports demand‑response enrollment and end‑to‑end electrification workflows, delivering real‑time reporting and verified savings for program administrators.
Target Audience
Primary customers are utility program managers, state and local energy agencies, and retail/OEM partners seeking to deliver scalable, equity‑focused energy‑efficiency, electrification, and demand‑response programs.
Features
- Enervee Score®: daily‑updated 0–100 efficiency rating for all models in 40+ product categories, independent of federal standards
- Instant rebate application at checkout with multi‑seller fulfillment and automatic stacking of utility, government, and manufacturer incentives
- Embedded Eco Financing® offering 0%‑APR installment loans, underwritten by institutional partners, with no balance‑sheet exposure for utilities
- White‑label, mobile‑first marketplace that can launch in 6–10 weeks and scale to 100+ orders per day for high‑volume products
- Integrated demand‑response pre‑enrollment and data export to DR operators, plus support for full electrification installations (e.g., heat‑pump water heaters)
- Comprehensive analytics dashboard providing traffic, conversion, energy/CO₂ savings, equity metrics, and EM&V reporting
- Secure, SOC 2‑type II compliant architecture with encrypted data, AWS hosting, and accessibility compliance (WCAG 2.1 AA)