What is eNow?
Founded in 2011, eNow specializes in the design and deployment of advanced solar power technologies tailored for the commercial transportation sector. The company addresses the critical need for fuel efficiency and emission reduction by offering proprietary solar solutions that mitigate the reliance on traditional engine idling. By integrating these systems, fleet operators can realize substantial operational savings while simultaneously meeting increasingly stringent regulatory requirements. eNow occupies a unique market position, bridging the gap between renewable energy innovation and the practical, high-demand needs of the heavy-duty vehicle market, effectively serving the triple bottom line of profit, planet, and people.
How much funding has eNow raised?
eNow has raised a total of $5.5M across 4 funding rounds:
Multiple Rounds
$5.3M
Debt
$125K
Private Equity (2016): $2.7M, investors not publicly disclosed
Unspecified (2016): $250K led by Tamiami Angel Funds
Series A (2016): $2.4M supported by Slater Technology Fund and Tamiami Angel Funds
Debt (2021): $125K featuring PPP
Key Investors in eNow
Slater Technology Fund
The Slater Technology Fund is an evergreen not-for-profit seed fund dedicated to supporting new venture development in Rhode Island, focusing on high-impact technology startups.
Tamiami Angel Funds
Tamiami Angel Fund III is a private equity firm specializing in early-stage capital investment, supporting entrepreneurs and small businesses in the United States.
PPP
Public-Private Partnership
What's next for eNow?
With the recent capital injection, eNow is well-positioned to scale its manufacturing capabilities and expand its market reach across the North American logistics landscape. The company's strategic roadmap focuses on deepening its penetration into the heavy-duty vehicle segment, where the demand for sustainable, cost-effective energy solutions is at an all-time high. As regulatory pressures on carbon emissions intensify, eNow is poised to leverage its technological expertise to become the standard-bearer for solar-integrated fleet management. Future growth will likely involve further product diversification and the strengthening of partnerships with major logistics providers seeking to optimize their environmental, social, and governance (ESG) performance through tangible, high-return energy investments.
See full eNow company page
