What is ENACT?
Headquartered in Pleasanton, California, ENACT SYSTEMS Inc. operates as a specialized provider of cloud-based software solutions tailored for the solar industry. Its flagship EnerCloudTM Platform serves as an end-to-end ecosystem, facilitating complex workflows ranging from initial project design and financial modeling to installation management and long-term asset performance monitoring. By digitizing these fragmented processes, ENACT enables solar developers, installers, and financiers to achieve greater operational efficiency and improved project economics. The platform acts as a central nervous system for solar enterprises, effectively bridging the gap between technical project requirements and financial performance metrics in an increasingly competitive renewable energy market.
How much funding has ENACT raised?
ENACT has raised a total of $14.6M across 3 funding rounds:
Angel/Seed
$1M
Series A
$11.5M
Stock/Share Issuance
$2.1M
Angel/Seed (2015): $1M, investors not publicly disclosed
Series A (2022): $11.5M led by Arka Venture Labs, NB Ventures, Energy Growth Momentum, and Olympus Capital and Alumni Venture Funds
Stock/Share Issuance (2025): $2.1M, investors not publicly disclosed
Key Investors in ENACT
Arka Venture Labs
Arka Venture Labs is an early-stage cross-border fund that supports B2B startups aiming to scale globally, providing mentorship and access to a curated network of seasoned operators.
Energy Growth Momentum
Energy Growth Momentum provides growth capital to digital technology firms, focusing on enhancing the commercial and carbon efficiency of energy assets to promote a sustainable future.
NB Ventures
Undisclosed investor participating in the funding round.
What's next for ENACT?
With this major enterprise-level funding, ENACT is well-positioned to accelerate its product roadmap and expand its footprint in the global solar software market. The strategic allocation of these funds will likely focus on enhancing the predictive analytics capabilities of the EnerCloudTM Platform, further automating the design-to-installation pipeline, and scaling customer acquisition efforts across international markets. As the global demand for decarbonization intensifies, ENACT's ability to provide a unified, data-driven platform will be instrumental in supporting the rapid deployment of solar assets. The company is expected to leverage this capital to deepen its integration with utility-scale energy providers and financial institutions, reinforcing its status as a foundational technology partner in the transition to a sustainable, low-carbon economy.
See full ENACT company page
