Enact manages over $1.5B in solar projects across 23 countries
Deep Chakraborty · 100 Solar Panel Firms Pay $83k/mo To Manage $1.5b in Projects on Enact · Dec 20, 2021 · at 1:11
Deep Chakraborty, CEO of Enact, discusses the operational scale and deployment volume managed through Enact's solar and energy storage project software platform.
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“So next platform processes over one and a half billion dollars of projects now for solar and storage across the world in 23 countries. And we have deployed over three gigawatts of projects we always measure in terms of capacity.”
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More from Deep Chakraborty
Enact reached $4M in cumulative revenue on $3.5M in equity
“We have also generated four million dollars of revenue while we raised four million dollars of capital under, I want to correct you there. We have raised three point. Five is equity, and one million is grant.”
Enact founders and employees own over 60% of the company
“But I will say that no, our founders and employees together, we are well above 60% total.”
Enact serves over 100 enterprise customers and 1,000 active users
“So we have over a hundred enterprises in 23 countries and thousand plus users, users meaning people who actually log in and do work on it.”
Enact hit a $1M annual revenue run rate in 2021
“I don't want to disclose our revenues, but I will say that we are right now around a million dollar a year run rates in revenue and it's growing rapidly, especially the last 18 months.”